BEIJING/FRANKFURT (Reuters) -Tesla has cut prices in a number of its major markets, including China and Germany, following price cuts in the United States, as it grapples with falling sales and an intensifying price war for electric vehicles (EVs), especially against Chinese EVs. The price cuts come after Tesla, led by its billionaire CEO Elon Musk, reported this month that its global vehicle deliveries in the first quarter fell for the first time in nearly four years. "Tesla prices must...
If Narendra Modi and Donald Trump both return to power, India could benefit from America’s worsening relations with China.
Tesla's global job cuts are hitting China, the automaker's biggest market after the United States, affecting staff in teams including sales, two sources briefed on the matter said. CEO Elon Musk on Monday told staff in an internal memo seen by Reuters that the company is laying off more than 10% of its global workforce, as it grapples with falling sales and an intensifying price war for electric vehicles. The two sources said some staff in Tesla's China sales team were being notified, with one...
Tesla's global job cuts are hitting China, the automaker's biggest market after the United States, affecting staff in teams including sales, two sources briefed on the matter said. CEO Elon Musk on Monday told staff in an internal memo seen by Reuters that the company is laying off more than 10% of its global workforce, as it grapples with falling sales and an intensifying price war for electric vehicles. The two sources said some staff in Tesla's China sales team were being notified, with one...
China Foreign Minister Wang Yi tells US Secretary of State Antony Blinken that the 'giant ship' of the China-US relationship has stabilized, 'but negative factors in the relationship are still increasing and building'
Ferdinand Marcos Jr says building trilateral ties vital, after the three countries criticise China’s ‘dangerous and aggressive behaviour’ in the regionA cooperation agreement by the Philippines, the United States and Japan will change the dynamic in the South China Sea and the region, the Philippine president has said, while seeking to assure China it was not a target.“I think the trilateral agreement is extremely important,” Ferdinand Marcos Jr told a press conference in Washington on Friday, a...
Harry FINALLY cut ties with Britain: Exiled prince lists USA as primary residence (Second column, 7th story, link) Related stories:May be forced to settle claim against Murdoch
TikTok’s benefits to the music industry were primarily in exposure, not money. One study estimated that TikTok only pays out $400 million annually to all music rights holders.
TikTok’s benefits to the music industry were primarily in exposure, not money. One study estimated that TikTok only pays out $400 million annually to all music rights holders.
The Duke of Sussex has updated his business records in London to make it clear that he no longer lives in Britain and California is his official home - despite moving there in 2020.
By Shaun Tandon US Secretary of State Antony Blinken called Thursday on the United States and China to manage their differences “responsibly” as he went on a charm offensive ahead of expected tough talks. A day before meeting Beijing’s top brass to tackle thorny issues including Russia, Taiwan and trade, Blinken’s visit to Shanghai saw […]
By W.G. Dunlop US Defense Secretary Lloyd Austin spoke with his Chinese counterpart Dong Jun via video teleconference Tuesday, in the first substantive talks between the superpowers’ defense chiefs in nearly 18 months. The United States has been working to strengthen defense cooperation with its allies in the Asia-Pacific region to counter China’s growing influence […]