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Tesla to slash global workforce by more than 10% as sales drop

Tesla has cut more than 10% of its global workforce. CEO Elon Musk called the move a “difficult decision” for the company, which is grappling with declining sales as electric vehicle price competition intensifies. The layoffs, announced Monday in an internal memo to Tesla’s roughly 140,000 employees worldwide, could reach as much as 20% in […]

Tesla Announces Layoffs of Over 10% of Global Workforce amid Growth Slowdown

Elon Musk’s Tesla has announced significant reductions in its workforce worldwide, with more than 10% of its workforce affected by layoffs. Electrek report Tesla CEO Elon Musk announced in a company-wide email that the company has decided to reduce its workforce by more than 10 percent worldwide. The move comes as Tesla seeks to streamline […]

Behind China’s global dominance as an EV producer

China has emerged as the leading global producer of electric vehicles, shocking others in the field. The reason for this surprise success was long-term investment from the Chinese Communist Party, which took a gamble in the early 2000s. With the help of generous government subsidies, the eschewing of regulations, and a fair bit of luck, […]

Passengers at international airports in U.S. can enroll in ‘Global Entry’ program on the spot

San Diego (border notification) — U.S. Customs and Border Protection offers “Registration on Arrival” at many airports, including San Diego International Airport. Global entry program. The program allows low-risk travelers arriving on pre-approved international flights to skip the CBP screening line. Conditional acceptance into the program requires only documentation of U.S. residency, such as a […]

Citi says this 'high risk' but 'attractive' global stock has 280% upside – CNBC

Citi has identified S4 Capital, a UK-based digital advertising and marketing services company, as a risky but potentially attractive investment opportunity. Despite the company’s recent struggles and bleak short-term outlook, Wall Street banks believe S4 Capital’s share price could rise as much as 280%, with a price target of 230p. UK stocks are normally priced […]

Experts Already Predict Global 2024 Box Office Failure

After a disastrous 2023 at the global box office, Hollywood’s 2024 is already predicted to be even worse. “Gower Street Analytics has revised its 2024 global box office forecast to $32.3 billion.” read press release. Although this is slightly better than the original prediction of $31.5 billion, still “Based on current exchange rates, this would […]

Can we escape this global ‘time of monsters’?

The headlines scream about a changing world. The rise of populist leaders, the decline of global trade partnerships, Russia’s invasion of Ukraine, the war in Gaza, and the specter of new great power competition all paint a picture of an international order on the brink of collapse. . But beneath the surface of these dramatic […]

Global Warming Nonsense Is Everywhere

Picking through my scrambled eggs while reading The Wall Street Journal is not my best habit.  But, there could be worse.  I could be reading the New York Times.  What caught my attention was an ad for the San Diego Zoo Wildlife Alliance.  It pictures a mommy and baby polar bear with the banner headline:  […]

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