Hillicon Valley Tesla Slashes Prices
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Sanders calls for Novo Nordisk to slash Ozempic, Wegovy prices
Sen. Bernie Sanders (I-Vt.) called on pharmaceutical manufacturer Novo Nordisk to slash prices for two of its drugs Wednesday, citing a new study on the costs to manufacture the medications. The research found that a weekly injection of ...The Hill - Politics -
Fisker Slashes Prices on 2023 EV Models in Affordability Bid
Fisker is cutting the suggested prices for some of its 2023 model-year vehicles in a bid to drum up demand for its cars as the startup struggles for cash.The Wall Street Journal - World -
Fisker slashes prices on 2023 EV models to boost demand
Struggling electric-vehicle maker Fisker is cutting the suggested prices for some of its 2023 model-year vehicles, a bid to drum up demand for its cars as the startup struggles for cash.MarketWatch - Business -
Fisker Slashes Prices on 2023 EV Models in Affordability Bid
Fisker is cutting the suggested prices for some of its 2023 model-year vehicles in a bid to drum up demand for its cars as the startup struggles for cash.The Wall Street Journal - Business -
Tesla, Nio and Rivian all downgraded on slowing EV demand, pricing pressures
Tesla Inc. lost another bullish backer — one who said Monday that slowing demand, rising inventories and tightening liquidity should hurt the electric vehicle giant’s results over the next year.MarketWatch - Business -
China's Xiaomi will price its Tesla EV rival under $69,400, CEO says ahead of Thursday launch
On Thursday, Xiaomi will officially launch the SU7, its first electric vehicle, and begin taking orders.CNBC - Business - China -
Xiaomi releases electric car $4K cheaper than Tesla's Model 3 as price wars heat up
Chinese smartphone company Xiaomi said Thursday it will sell its first car for far less than Tesla's Model 3, as price wars heat up in China's fiercely competitive electric car market.CNBC - Business -
The Lone Volcano in California’s Central Valley
Often called “the world’s smallest mountain range,” the Sutter Buttes are an unlikely and beloved landmark in one of the flattest parts of the state.The New York Times - Top stories - California -
Economic experts slash growth forecasts for Germany
Five leading institutes expect expansion of just 0.1 per cent in 2024 as exports fall and domestic demand fails to pick upFinancial Times - World -
Weary of rebuilding, residents of German valley feel flat post floods
Yahoo News - World - Germany -
Wait, When Did the Schlubs of Silicon Valley Learn to Dress?
Tech moguls trade hoodies for conventional style amid fresh scrutiny of the industry; dressing down “is so played out.”The Wall Street Journal - World -
Stardew Valley’s 1.6 Update Is Out—Here’s Some of the Biggest Changes (2024)
The popular farming game’s major update includes a new farm type, new events, and a massive multiplayer option.Wired - Tech -
How Silicon Valley’s ‘Oppenheimer’ found lucrative trade in AI weapons
Anduril Industries’ Palmer Luckey is leading the start-ups infiltrating the US government’s war machineFinancial Times - Business -
Appeals court slashes bond in Trump civil fraud case to $175 million
Former President Donald Trump picked up a win Monday when an appeals court lowered the bond in his civil fraud case to $175 million. Trump had been on the hook for a bond of over $460 million coming into the day. CBS News correspondent Errol ...CBS News - Top stories - Donald Trump -
Why is Congress slashing funding for antitrust enforcement that protects consumers?
Despite its limited resources, the DOJ Antitrust Division under Biden has proven unwavering in its fight against anti-competitive behavior. And as the Antitrust Division takes on emerging monopolistic threats, such as in artificial intelligence ...The Hill - Politics -
NatWest slashes executive team as it prepares for mass share sale
Move by new chief Paul Thwaite comes day after UK government announced reduced stake in bankFinancial Times - Business -
Tesla’s Troubles Raise Questions About Its Invincibility
As the share price plunges, investors wonder whether the company, led by Elon Musk, can withstand intensifying competition.The New York Times - Tech -
BYD's Rise Challenges Tesla---and Its Valuation
BYD and Tesla have a lot in common these days—except in terms of market value, where the U.S. company is roughly seven times as big.The Wall Street Journal - World -
Tesla Dives Into Advertising After Years of Resistance
Tesla has for most of its history been firmly averse to advertising. In recent months, however, the electric-vehicle maker has hiked spending on a variety of paid media platforms—and not just the one owned by its boss, Elon Musk.The Wall Street Journal - World - Tesla -
Comex Gold Settles Higher
Gold prices rose, clawing back some of Friday’s losses, with the front-month Comex contract for March settling up 0.8% at $2174.80.The Wall Street Journal - World -
U.S. Accuses Two Men of Stealing Tesla Trade Secrets
Federal prosecutors said the pair tried to sell technology to manufacture batteries for electric cars that belonged to the company.The New York Times - Tech - Tesla -
BYD Net Profit Rises as It Overtakes Tesla as Top EV Seller
BYD sold more than 526,000 fully electric vehicles in the fourth quarter, topping Tesla for the first time as the world’s largest seller of EVs on a quarterly basis.The Wall Street Journal - World -
What’s behind Tesla’s stock rally? A short test drive.
A new sales directive is boosting Tesla’s stock on Tuesday.MarketWatch - Business -
BYD Net Profit Rises as It Overtakes Tesla as Top EV Seller
BYD sold more than 526,000 fully electric vehicles in the fourth quarter, topping Tesla for the first time as the world’s largest seller of EVs on a quarterly basis.The Wall Street Journal - Business -
EV News: Fisker Delisting, Tesla's Big Promo, and China's WTO Protest
A WTO dispute looms between the U.S. and China, while Elon Musk responds to softening demand at Tesla, and Fisker continues its slide.Inc. - Business - China -
Tesla joins forces with Chinese battery maker CATL, and it’s a ‘game changer’ for this analyst
“The U.S. is an under-penetrated EV market in need of high quality, cheap battery tech. China is a highly penetrated EV market with an oversupply of batteries.”MarketWatch - Business -
Tesla’s Pivot to China Saved Musk. It Also Binds Him to Beijing.
Tesla and China built a symbiotic relationship, with credits, workers and parts that made Mr. Musk ultrarich. Now, his reliance on the country may give Beijing leverage.The New York Times - Business - China -
Xiaomi takes aim at Tesla in Chinese auto market with $29,870 electric car
Yahoo News - World - China -
Tesla has had a ‘nightmare’ first quarter amid weak China demand
Wedbush’s Dan Ives trims his stock-price target for Tesla to $300 from $315 after a “perfect storm” of issues.MarketWatch - Business - China -
Tesla's Terrible Quarter Catches Some Analysts Asleep at the Wheel
Whatever delivery number the electric-vehicle maker reports for January through March, it will be well below the ‘consensus’ on your terminal screen.The Wall Street Journal - World -
U.S. Housing Prices and the War on Realtors
Which cartel is the real problem?The Wall Street Journal - World -
Legoland and Madame Tussauds owner to roll out surge pricing
Merlin Entertainments plans to introduce dynamic pricing to offset decline in visitors since pandemicFinancial Times - Business -
Energy prices could vary at different times of day
Ofgem launches early discussions about a "dynamic" price cap that changes as consumers became more flexible.BBC News - Top stories -
Some wild speculation about Ukrenergo bond prices
Premium puzzlesFinancial Times - World -
Oil rises after Ukraine strikes Russian refineries, Moscow orders output cuts to meet OPEC+ pledge
At least 10% of Russia's refining capacity has been disrupted by the attacks, according to British intelligence.CNBC - Business - Ukraine -
Congestion Pricing Is a Victory for Millions of Transit Riders
Opposition from New York’s car culture remains shortsighted.The New York Times - Top stories -
As Easter Approaches Egg Prices Remain Exceptionally High
Bird flu, weather and inflation conspire to make consumers shell out more for a basic foodstuff.Inc. - Business -
Katie Price warns about 'damaging' plastic surgery
The model says women have cosmetic procedures younger than she did, and they all look like "aliens".BBC News - Top stories -
BOE Flags Risk of Sharp Correction in Asset Prices
The Bank of England warned that investors may be too complacent about the challenges facing the global economy, with the result that there is an increased risk of a “sharp correction” in asset prices.The Wall Street Journal - World -
Dollar Tree to raise prices again in 2024
Shoppers at Dollar Tree could soon end up with sticker shock.The Hill - Politics