Business
In the middle of last year, Tesla's losses were piling up, sales weren't enough to cover expenses and big debt payments loomed. The situation was so bad that one influential Wall Street analyst raised the possibility that ...
Dec 21, 2020
0
13
Business
CEO Elon Musk says he won't sell any more shares in Tesla for 18 months or more, likely an attempt to comfort shareholders of the electric vehicle company who have watched the stock lose nearly half of its value since Musk's ...
Dec 23, 2022
0
40
Automotive
Foxconn Technology Group, the world's largest electronics maker, has a deal to buy a huge auto assembly plant in Ohio from startup electric truck maker Lordstown Motors, the companies announced Thursday.
Oct 1, 2021
0
9
Business
Taiwanese tech giant and key Apple supplier Foxconn predicts three-digit growth for its artificial intelligence server business due to robust demand for AI products such as ChatGPT, its chairman said Wednesday.
May 31, 2023
0
18
Electronics & Semiconductors
US chip-maker Onsemi will invest up to $2 billion to expand its plant in the Czech Republic, the biggest investment in the country's modern history, the industry minister said Wednesday.
Jun 19, 2024
0
21
Automotive
The electric vehicle market is rapidly changing. Two recently released models are blazing the trail for a brand-new segment: the electric luxury sedan class. Those two cars are the 2022 Mercedes-Benz EQS and the 2022 Audi ...
Jun 29, 2022
0
35
Automotive
For the first time in eight months, the global shortage of computer chips won't force General Motors to close any North American factories.
Oct 22, 2021
0
7
Automotive
Tesla says it delivered more electric vehicles worldwide in the second quarter than it did in the first. The increase came even though coronavirus restrictions forced it to shut down its only U.S. factory for much of the ...
Jul 2, 2020
0
5
Automotive
Tesla founder and CEO Elon Musk met with a top government leader in the Chinese capital Sunday, just as the nation's carmakers are showing off their latest electric vehicle models at the Beijing auto show.
Apr 29, 2024
0
51
Hardware
Taiwanese tech giant Foxconn said Friday its global market for artificial intelligence servers is expected to increase to 40 percent this year, with AI products being the main driver for growth.
May 31, 2024
0
4
