TESLA: Q1 deliveries fall 8.5% to 386,810 as demand cools
Tesla produced 433,371 vehicles globally in the first quarter, the company said. In the U.S., Cox Automotive estimated deliveries at 166,734 in the January-March period, a 3.2 percent gain......»»
Tesla interns say offers are getting revoked weeks before their start date
Tesla Inc. is rescinding offers just weeks before internships were set to start, prompting aspiring employees to take to LinkedIn to appeal to other employers to take them in......»»
BorgWarner generates higher revenue, earnings as demand grows for hybrids
Detroit automakers such as GM have plans to bring back hybrids to the market, feeding customer demand for a bridge to all-electric powertrains. BorgWarner's CEO kept details around hybrid quoting activity close to the vest......»»
Tesla retreats from next-generation ‘gigacasting’ manufacturing process
Tesla has backed away from an ambitious plan for innovations in gigacasting, its pioneering manufacturing process, according to two sources familiar with the matter, in another sign that the electric-vehicle maker is retrenching amid falling sales an.....»»
2024 Apple Watch Rumors Take Another Turn
If you’re planning to buy a new Apple Watch this fall, you may have an additional option to pick from if the latest intel from a well-known analyst is accurate. Up until today, it looked like the 2024 Apple Watch lineup would include two update.....»»
iPhone demand is falling, claims component supplier Skyworks
Apple supplier Skyworks has been regarded as a proxy for Apple's iPhone demand, and the company may have some bad news for investors.Apple's iPhone 15 ProSkyworks does not break down its earnings by customer, but it has been a longtime partner for Ap.....»»
Tesla Supercharger growth to slow, CEO Elon Musk says, after mass layoffs
"Tesla still plans to grow the Supercharger network, just at a slower pace for new locations," Musk said, following media reports that the automaker slashed its team dedicated to the charging network......»»
Should online educational platforms offer courses following a schedule or release them on demand?
Researchers from Carnegie Mellon University and University of Pennsylvania have published a new Journal of Marketing study that examines online educational platforms and the question of whether they should release content through a scheduled format t.....»»
From Ryan Gosling to Furiosa: a preview of 2024’s promising blockbuster summer season
From The Fall Guy and Furiosa to Deadpool & Wolverine, 2024's summer movie season is shaping up to be the best in years......»»
Tesla to lay off everyone working on Superchargers, new vehicles
Tesla is also getting rid of its public policy team, despite robotaxi ambitions. Enlarge / Tesla is laying off around 500 staff who have worked on its Supercharger network, plus its new vehicle development team and its public pol.....»»
10 best movies based on true stories, ranked
Some of the best movies ever are based on true events, from the stirring heroism shown in Schindler's List to the gripping rise-and-fall story in Goodfellas......»»
VW Group"s Q1 profit drops 20% on lower volumes, higher costs
The automaker's Porsche brand reported a 14.8 percent operating margin decline on higher model revamp investments and lower demand for premium cars in China......»»
Mercedes to stay firm on pricing following Q1 profit drop
Mercedes said model transitions in the top-end segment and supply chain-related costs caused its return on sales to fall to 9.6 percent from 14.9 percent a year earlier, with vehicle sales down 8 percent at 462,978......»»
Elon Musk dismisses 2 Tesla senior executives, and their staffs, in fresh job cuts, report says
Rebecca Tinucci, senior director of the electric vehicle maker's Supercharger business, and Daniel Ho, head of the new vehicles program, are said to will leave the company immediately......»»
Bernstein says buy Apple while stock price is low
Investment firm Bernstein is recommending clients buy Apple stock, and expects issues such as declining Chinese demand for the iPhone to be cyclical, especially with an AI iPhone.Apple is dealing with regulatory pressures and other unknownsBernstein'.....»»
Porsche dealership sales manager took bribes in exchange for high-demand vehicles, lawsuit alleges
The sales manager of a Porsche dealership in South Carolina commanded hundreds of thousands of dollars in "under-the-table" payments from customers hungry for high-demand vehicles......»»
Peacock is raising its prices this summer
Just in time for the Summer Olympics and the fall football seasons, Peacock becomes the latest streaming service to implement a price increase......»»
No new Vision Pro before late 2026, and declining demand – neither matters
Mark Gurman’s latest Power On newsletter suggests that Apple isn’t expected to launch a new Vision Pro (or Vision something) model until the end of 2026. That follows another report last week, suggesting that demand for the spatial computer is.....»»
Elon Musk loses at Supreme Court in case over “funding secured” tweets
Musk can't kill SEC settlement that requires pre-approval of tweets about Tesla. Enlarge / Elon Musk speaks at the Satellite Conference and Exhibition on March 9, 2020 in Washington, DC. (credit: Getty Images | Win McNamee ).....»»
Elon Musk loses appeal bid for "funding secured" case at U.S. Supeme Court
The justices turned away Musk's appeal of a lower court's decision upholding the 2018 settlement reached after he said on social media that he had "funding secured" to take Tesla private......»»
Why Tesla"s Full Self-Driving rollout in China matters
Enabling FSD in China would provide a buffer to Tesla's declining EV sales and allow the automaker to better compete with local rivals in the world's largest auto market where driver assistance and other connected car features are prized......»»