Yahoo Finance Tesla Cuts Model Y Production in China, Report Says. Competition Is Raging.
A report says Tesla has cut production of its Model Y vehicle in China. The news will rekindle fears about slowing demand growth for the electric-vehicle giant.
A report says Tesla has cut production of its Model Y vehicle in China. The news will rekindle fears about slowing demand growth for the electric-vehicle giant.
Aston Martin announced the debut of its new limited edition sportscar Valiant on Wednesday and said deliveries would start in the fourth quarter, as the British carmaker aims to revive falling sales and become cash flow positive. The company will produce only 38 units of the Valiant, a vehicle designed by the Aston Martin team alongside Formula One driver and two-time world champion Fernando Alonso. The retail price of the Valiant is about 2 million pounds ($2.54 million), excluding tax in the UK, a source close to the company told Reuters.
The maker of Peugeot, Citroën, Vauxhall and Fiat vehicles, Stellantis, has threatened to end its car making in the UK due to electric vehicle (EV) production rules.
Shares in the US-based electric truck and SUV maker jumped by almost 50% after the announcement.
Guyana's lucrative agreement with an Exxon Mobil-led consortium in the South American country last year generated $6.33 billion for the partners, government data showed, yielding a net margin larger than that of chip-maker Nvidia Corp. The trio's combined net margin was 56%, greater than the 49% Nvidia earned in its most recent fiscal year. The Stabroek offshore oil venture's 2023 revenue soared 23% over the prior year, to $11.25 billion, as the addition of a third production vessel expanded output.
Toyota is recalling about 145,000 vehicles due to an airbag problem, the automaker said last week. Here's which models are affected.
EU auditors are concerned with a new energy dependency and flagged decarbonisation challenges linked to the bloc’s gas usage as well as lack of transparency in cross-border infrastructure projects within the bloc.
As global markets continue to navigate through fluctuations, with the S&P 500 reaching new highs and sectors like manufacturing showing robust growth, investors are keenly watching for opportunities that align with these evolving economic conditions. In this context, growth companies with high insider ownership can be particularly compelling, as significant insider stakes often signal confidence in the company's future from those who know it best.
Katy Perry made a surprise appearance on the Vogue World: Paris runway going braless and commando in a Noir Kei Ninomiya geometric cut-out black leather dress.
Matt Hey can't believe the impact using cash has had on his bank account.
He also revealed what will happen if Joe Biden provokes Trump at this week's debate.
The incident has left locals divided over who was in the wrong with the council also weighing in on the debate. Find out what happened.
Australian Border Force officers made a wild find inside the luggage of a 60-year old woman at an Australian airport.
The woman was shocked to see a bright glow outside her kitchen window, a sign of an illegal act which could incur a hefty fine. Watch what happened.
After Greg Lynn was found guilty of the murder of Carol Clay and not guilty of murdering Russell Hill, wild new details of the police investigation can be revealed.
Hillary Clinton slammed Donald Trump, saying ‘expectations for him are so low that if he doesn’t literally light himself on fire on Thursday evening, some will say he was downright presidential’
Follow along as we bring you the news Australians are really talking about.
The former House speaker slammed the former president’s rhetoric after she was asked about her husband’s recovery from a 2022 hammer attack.
The Prime Minister has again ridiculed the Opposition’s nuclear energy policy during a fiery attack in question time. How the day in politics unfolded.
The RBA is falling behind the curve, economist Stephen Koukoulas says.
The practical winter heating solution could help reduce costs this winter. Find out more.