Amazon founder Jeff Bezos criticizing President Biden over his policy seeking to bring down gas prices. What did Biden say? We look at a business in New York that sells products that are 100% made in the U.S. Even the packaging is produced in America. Electric carmaker Tesla delivers far fewer vehicles in the second quarter. What’s…
LIVE NOW: CEO: Made in USA Now More Important Than Ever; Biden Tells Gas Stations to Lower Prices | NTD Business
CEO: ‘Made in USA’ Now More Important Than Ever; Biden Tells Gas Stations to Lower Prices | NTD Business
Amazon founder Jeff Bezos is criticizing President Joe Biden over his policy seeking to bring down gas prices. What did Biden say? We look at a business in New York that sells products that are 100 percent made in the United States. Even the packaging is produced in America. Electric carmaker Tesla delivers far fewer vehicles in…
Tesla’s 2nd Quarter Sales Drop Amid Supply Chain, Pandemic Problems
DETROIT—Tesla’s sales from April through June fell to their lowest quarterly level since last fall as supply chain issues and pandemic restrictions in China hobbled production of its electric vehicles. The company on Saturday disclosed it sold more than 254,000 cars and SUVs from April through June, an 18 percent drop from the first three…
US Companies Adapt to Heavy-Handed Network Data Supervision in China
Many U.S. companies have been adjusting their digital services in China due to a tightening of data surveillance by the authorities. This has been ongoing since 2021 when the ruling Chinese Communist Party (CCP) announced policy curbs tightening data security, privacy, and internet content. More recently China’s Market Supervision and Cyberspace Administration co-issued a notice…
Ford Motor Follows Tesla Locking in Lithium Supply With Australian Miner Liontown
June 29, 2022
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U.S. auto giant Ford Motor Co. has followed in the footsteps of Tesla and Korea’s LG Energy Solution after striking a deal with Australia’s Liontown Resources for the lithium supply for the next five years. The move comes as automakers scramble to secure the supply of the valuable commodity as the global pursuit of net-zero…
FCC Commissioner Wants TikTok Gone; Tesla Cuts 200 Jobs, Closes a California Office | NTD Business
A Federal Communications Commission (FCC) commissioner is calling on Apple and Google to ban the TikTok app over concerns China is accessing Americans’ data. We talk with the commissioner himself. Electric carmaker Tesla is cutting costs, closing an office in Silicon Valley, and reportedly laying off workers after a warning from CEO Elon Musk. Why is it a…
LIVE NOW: FCC Commissioner Wants TikTok Gone; Tesla Cuts 200 Jobs, Closes a California Office | NTD Business
An FCC commissioner calling on Apple and Google to ban the TikTok app, over concerns China is accessing Americans’ data. We talk with the commissioner himself. Electric carmaker Tesla cutting costs, closing an office in Silicon Valley and reportedly laying off workers. It’s after a warning from CEO Elon Musk. Why is it a surprise? U.S. emergency…
Tesla Model S Spontaneously Bursts Into Flames at California Junkyard
A Tesla Model S spontaneously burst into flames at a California junkyard earlier this month and fire crews used thousands of gallons of water to put out the blaze, the Sacramento Metropolitan Fire District said. In a statement on Facebook, the fire department shared a video and pictures of the electric vehicle that was involved…
Tesla Tops the List of Most Made-in-America Cars: What You Need to Know
The annual cars.com “American-Made Index,” which lists the vehicles that are most made in the U.S., has been released and Tesla Inc. is dominating the chart. While Tesla’s Model 3 lost the top spot it had in 2021, it was overtaken this year by the Tesla Model Y, sending the Model 3 to No. 2, which used…
Tesla’s Austin and Berlin Plants ‘Losing Billions’ Amid Supply Chain Issues: Musk
Elon Musk said on Wednesday that Tesla’s new plants in Texas and Berlin are “losing billions of dollars” due to battery shortages and supply chain disruptions prompted by government mandated COVID-19 lockdowns in China. Tesla opened its Austin-based Gigafactory in April of this year, while its Berlin-Brandenburg plant officially opened in March. “Both Berlin and Austin factories are gigantic…
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