Tesla’s July sales of Chinese-made vehicles fall due to factory line upgrades

Tesla’s July sales of Chinese-made vehicles fall due to factory line upgrades

Chinese-made Tesla Model 3 vehicles are seen during a delivery event at its factory in Shanghai, China January 7, 2020. REUTERS/Aly Song/File Photo Join now for FREE unlimited access to Reuters.com Register SHANGHAI, Aug 9 (Reuters) – Tesla (TSLA.O) sold 28,217 Chinese-made vehicles in July, nearly two-thirds less than a month earlier, as a planned … Read more

Hollywood actress Anne Heche in a coma after a violent car accident

Hollywood actress Anne Heche in a coma after a violent car accident

Anne Heche attends the premiere of the film ‘The Tender Bar’ at the TLC Chinese Theater in Los Angeles, California, U.S., December 12, 2021. REUTERS/Aude Guerrucci Join now for FREE unlimited access to Reuters.com Register LOS ANGELES, Aug 8 (Reuters) – Hollywood actress Anne Heche remained hospitalized in critical condition, in a coma and on … Read more

COVID lockdown turns China’s tourist hotspot Sanya into a nightmare for stranded tourists

COVID lockdown turns China’s tourist hotspot Sanya into a nightmare for stranded tourists

BEIJING/SHANGHAI, Aug 7 (Reuters) – When Chinese businesswoman Yang Jing was planning this year’s summer vacation in 2021, she chose the tropical southern island of Hainan because of its near-perfect COVID history . The South China Sea island has recorded only two symptomatic positive cases of COVID-19 in the past year. Fast forward to this … Read more

Tata Motors to buy Ford India manufacturing plant for $91m

Tata Motors to buy Ford India manufacturing plant for m

Tata Motors logos are pictured outside their flagship showroom in Mumbai May 28, 2013. Picture taken May 28, 2013. REUTERS/Vivek Prakash Join now for FREE unlimited access to Reuters.com Register Aug 8 (Reuters) – Tata Motors Ltd (TAMO.NS) on Sunday signed a deal to buy Ford Motor’s manufacturing plant in the western state of Gujarat … Read more

Automakers say US Senate bill will jeopardize 2030 goals for electric vehicles

Automakers say US Senate bill will jeopardize 2030 goals for electric vehicles

FILE PHOTO – Volkswagen employees stand next to Volkswagen electric cars during a ceremony at German automaker Volkswagen’s first battery cell production plant ‘SalzGiga’ in Salzgitter, Germany, July 7, 2022. REUTERS / Fabrizio Bensch Join now for FREE unlimited access to Reuters.com Register WASHINGTON, Aug 7 (Reuters) – A group representing General Motors (GM.N), Toyota … Read more

Berkshire Hathaway Posts Massive $43.8 Billion Loss; operating results are improving

Berkshire Hathaway Posts Massive .8 Billion Loss;  operating results are improving

Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor during Berkshire Hathaway Inc’s annual shareholders meeting in Omaha, Nebraska, U.S., on 4 May 2019. REUTERS/Scott Morgan//File Photo Join now for FREE unlimited access to Reuters.com Register Aug 6 (Reuters) – Falling U.S. stock prices hurt … Read more

Tesla sets August 25 as trading day for three-for-one split stock

Tesla sets August 25 as trading day for three-for-one split stock

The logo of car manufacturer Tesla is seen at a branch in Bern, Switzerland October 28, 2020. REUTERS/Arnd Wiegmann Join now for FREE unlimited access to Reuters.com Register Aug 5 (Reuters) – Tesla Inc (TSLA.O) said on Friday that trading in its three-for-one split shares would begin on August 25, after the electric vehicle maker’s … Read more

US automakers say 70% of electric vehicle models would not qualify for tax credit under Senate bill

US automakers say 70% of electric vehicle models would not qualify for tax credit under Senate bill

The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. REUTERS/Rebecca Cook Join now for FREE unlimited access to Reuters.com Register WASHINGTON, Aug 5 (Reuters) – Most electric vehicle models would not be eligible for a $7,500 tax credit for U.S. buyers under a … Read more

Amazon’s connected device cart expands with $1.7 billion deal for Roomba maker

Amazon’s connected device cart expands with .7 billion deal for Roomba maker

Aug 5 (Reuters) – Amazon.com Inc (AMZN.O) is to acquire iRobot Corp (IRBT.O), maker of the Roomba robotic vacuum cleaner, in a cash deal worth around $1.7 billion. dollars, as part of the world’s biggest online retailer’s latest push to expand its stable of smart home devices. Amazon will pay $61 per share, valuing iRobot … Read more

Beyond Meat cuts sales forecast as consumers avoid more expensive fake meat

Beyond Meat cuts sales forecast as consumers avoid more expensive fake meat

Products from Beyond Meat Inc, the maker of vegan burgers, are displayed for sale at a market in Encinitas, California, U.S., June 5, 2019. REUTERS//File Photo Join now for FREE unlimited access to Reuters.com Register Aug 4 (Reuters) – Beyond Meat Inc (BYND.O) on Thursday lowered its full-year revenue forecast and announced job cuts as … Read more