Tesla is giving up on its ambitious plan for a “gigacasting” manufacturing process in another sign the automaker is looking for a new footing as sales fall and competition rises.
Tesla CEO Elon MuskPhoto: Nathan Howard (Getty Images)
Russian Ambassador to the United Nations Vassily Nebenzia vetoes a resolution calling for the prevention of a nuclear arms race in outer space during a Security Council session on April 24, 2024.Photo: Bebeto Matthews (AP)
Last week, Russia unsurprisingly vetoed a draft resolution to prevent the placement of nuclear weapons in orbit. Russia’s rejection of the United Nations resolution is not a clear indication that it possesses orbital arsenal that could destroy satellite constellations, but it shows the country is not wavering under U.S. pressure to give up on developing its anti-satellite weapons.
Tesla CEO Elon Musk has been a frequent critic of California.Photo: Patrick Pleul (Getty Images)
After years of Tesla Elon Musk bashing California, it seems that residents have had enough — and they’re ditching Tesla.
Registrations of Tesla’s electric vehicles in the Golden State fell 7.8% last quarter, according to data released Monday by the California New Car Dealers Association (CNCDA). That decline follows an even steeper 9.8% hit over the last three months of 2023, the association said. Tesla also lost 6.4% of the battery electric vehicle (BEV) market, losing ground to Mercedes-Benz and BMW.
Tesla CEO Elon Musk wants to be “absolutely hardcore” about slashing Tesla’s headcount.Photo: Dimitrios Kambouris for The Met Musuem/Vogue (Getty Images)
Wegovy and Ozempic: Are we ready for weight loss drugs?
Novo Nordisk and Eli Lilly are selling drugs to help people drop weight, but many are gaining the weight back and some are suffering concerning health problems
Xiaomi began selling the SU7, a tech-heavy electric sedan, in March 2024. The smartphone giant has pledged to invest $10 billion into the car business.Photo: Florence Lo (Reuters)
Getting into the car-making business, especially when it comes to electric vehicles, is no simple task — just ask Apple. But Xiaomi, a Chinese technology giant known primarily for its smartphones, is notching milestone after milestone.
