Tesla is now ramping up its hiring effort following a round of layoffs earlier this year. Job listings have ramped up 50% since the layoffs. In June, Elon Musk asked Tesla executives to “pause all hiring” and cut 10% of staff. The CEO has given different reasons to different people for the layoffs, but Tesla
Month: October 2022
BMW is going to cease all production of electric Minis in the UK and build them in China and Germany instead. Electric Minis in China BMW’s current production of 40,000 electric Minis annually at its Cowley, Oxfordshire, factory will end next year as part of its plans to reshape Mini’s lineup from 2024. The first
While you might not be thinking about picking up a mower right now, we have a deal that might change that. Greenworks’ 48V 20-inch cordless electric mower will be perfect come springtime, and the included 4Ah 24V batteries work with other tools from the brand. But, the real start of the show here is the
General Motors leader and CEO Mary Barra talked about the automaker’s upcoming electric vehicle plans, saying the company is well-positioned to weather an economic storm in an interview. GM is launching several EV models and supporting energy products that Barra believes will see high demand, no matter the state of the economy. With interest rates
American EV startup Canoo is at it again, fighting off the naysayers and possibly collection agencies by announcing yet another massive binding order for its Lifestyle Delivery Vehicle. Canoo’s latest order comes from work-ready rental van company Kingbee, who has already committed to purchasing 9,300 LDVs with the potential to double that order up to
A 13.6 megawatt (MW) offshore wind turbine with a record-breaking rotor diameter of 252 meters (827 feet) has debuted in China ahead of the country’s 20th Party Congress in Beijing, which opened yesterday. World’s largest rotor diameter The offshore wind turbine, which was announced on October 13 as having rolled off the production line in
Going to prison is never good, but your next trip may be a breath of fresh air as the first electric prisoner transport EV rolls out in Cobb County, Georgia. The first fully electric prisoner transport deployed You heard that right. Prisoners will now breathe zero-emission air on their way to prison with a new
Tesla has launched a home charging station, or Wall Connector as it calls it, that works with other electric cars and not just Tesla vehicles. Unlike all other electric automakers, Tesla uses its own proprietary connector for vehicles produced for the North American market. This means the company’s charging network and products, like home chargers,
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GM’s luxury brand Cadillac has shared a multitude of new details surrounding the upcoming Celestiq sedan it has been teasing for over a year and a half now. Cadillac is describing the Celestiq as its most technologically advanced and most luxurious vehicle ever, and it just may be its most expensive as well. Here’s the
The world’s biggest stablecoin, tether, saw more than $10 billion in redemptions in May, fueling fears of a 2008-style “bank run.” Justin Tallis | AFP via Getty Images Tether, the world’s largest stablecoin, has slashed back its commercial paper holdings to zero, replacing them with U.S. Treasury bills instead, according to a blog post. The
We reviewed our Bullpen stocks during the Investing Club’s October “Monthly Meeting” on Thursday. The Bullpen is a collection of companies we actively monitor for their potential to be added in Jim Cramer’s Charitable Trust, which is the portfolio we use for the Club. Here’s a quick look the seven stocks and our latest thoughts
In this article HMC 7267.T-JP 6758.T-JP Follow your favorite stocksCREATE FREE ACCOUNT Yasuhide Mizuno, the chairman and CEO of Sony Honda Mobility Inc., speaks during a news conference in Tokyo, Japan, on Oct. 13, 2022. Kiyoshi Ota | Bloomberg | Getty Images The Sony-Honda joint venture focused on electric vehicles plans to begin deliveries to
Russia is a dominant player in the global nuclear market. Anadolu Agency | Anadolu Agency | Getty Images Russia’s nuclear fuel industry remains conspicuously untouched by European sanctions more than seven months into the Kremlin’s war in Ukraine — much to the dismay of Kyiv officials and environmental campaigners. Despite eight rounds of sanctions, targeted
In this article ALB Follow your favorite stocksCREATE FREE ACCOUNT SILVER PEAK, Nev. — On the edge of Western Nevada, hours from a major city and miles down private dirt roads, lies the United States’ only lithium-producing plant. The nearest town is Tonopah — population 2,179 — where a prospector discovered silver at the turn
Activists of “Just Stop Oil” glue their hands to the wall after throwing soup at a van Gogh’s painting “Sunflowers” at the National Gallery in London, Britain October 14, 2022. Just Stop Oil | Reuters LONDON — Two activists from campaign group Just Stop Oil were arrested Friday after throwing tomato soup on Vincent Van
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