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...The potential expansion of Tesla’s global factory network comes as growth in global EV sales slows. The group is also building a plant in Mexico that is expected to come online in 2026....
...Many of the biggest sales this quarter have come from technology executives....
...However, there is growing Republican pressure on the White House to take action against Iran’s oil sales, along with criticism of the administration for soft-pedalling on existing measures....
...“Like consumer and business audiences, authentic credibility has overtaken hard sales when it comes to increasing trust and business growth,” he added....
...In the first three months of 2024, EV sales growth slowed and the percentage of EV cars on the road dropped, according to JD Power....
...In March, retail sales also softened compared with January and February....
...Last year’s ruling in the Ripple case was a setback in the agency’s efforts to restrict unregistered sales of digital assets....
...Yufu Industrial Complex Construction, backed by the Chongqing city government, was the buyer, according to South Korea’s state-run Yonhap news agency....
...Agency that runs counter to carmakers’ concerns over consumers’ appetite for EVs....
...The International Energy Agency countered some of the gloom in the industry (see Monday’s DT) by arguing EV sales would “grow strongly” this year, with battery and hybrid models accounting for one in five...
...Global EV sales grew by about a third last year and are expected to increase by more than a fifth in 2024, the International Energy Agency said last week....
...“We sabotaged Tesla today,” the group said, according to German news agency DPA. Police said they had been informed of the fire, in the district of Gosen Neu Zittau, at 05:15 local time....
...In Hefei, west of Shanghai, a factory owned by Nio demonstrates this challenge....
...Since August, eight European solar companies have either filed for bankruptcy, paused production, warned of factory closures or restructured debts....
...Of Tesla’s total quarterly sales of $21.3bn, 82 per cent were indeed “automotive revenues” while the rest were energy and services....
...A version of this article was first published by Nikkei Asia on March 6. ©2024 Nikkei Inc. All rights reserved....
...Tesla blames supply problems, pointing to conflict in the Middle East and an arson attack at its Berlin factory. But a gap between production and delivery numbers suggests issues with demand....
...Airbus’s desire to bring down costs on its A220 programme — on which Sash Tusa, analyst at Agency Partners, said it was losing “several hundred million euros a year” — clashes with Spirit’s desire to see...
...State media also reported that Musk said Tesla wanted to deepen its co-operation with China and praised its Shanghai facility as its best-performing factory....
...He had previously said the Model 2 would require a new “revolutionary manufacturing system” at factories in Austin, Texas, as well as in Mexico....
...Hwang’s sensibility for fusing east and west — another attraction for a global business like H&M, says Johansson — stems from his own diverse background....
...BYD, the world’s biggest electric-vehicle manufacturer and key Tesla rival, has announced plans to build a factory in Hungary and is looking at production sites in Mexico, as it eyes sales in Europe and...
...Meanwhile, a campaign to rid state agencies of Apple phones which kicked into high gear last summer, has picked up speed....
...The company established bus factories in Lancaster, southern California, in 2013, and in Komárom, north-west Hungary in 2017....
...Lululemon’s sales in mainland China were up 60 per cent year on year in the latest quarter on a constant currency basis, and now make up nearly a tenth of total sales....
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