Tesla chief executive Elon Musk on Tuesday said he has no problem balancing his planned acquisition of Twitter with his business dealings in China. When attending the Qatar Economic Forum via video link, Musk was asked if he could balance his stance on free speech in the Twitter bid and his Tesla’s interests in China…
Musk Says His China Interests Won’t Affect His Free Speech Stance on Twitter
TikTok Accesses American Data: Casey Fleming Breaks Down the Threat
TikTok secretly accesses American data, despite denying it to the public, according to audio obtained by Buzzfeed. Now, questions arise over data safety and China’s subversion of U.S. society, as well as the national security threat of TikTok and other intrusive apps from China. Where do we go from here? I have Casey Fleming, CEO…
Tesla Cutting Salaried Workforce by 10 Percent Over Next 3 Months After ‘Growing Very Fast’: Musk
Electric vehicle maker Tesla Inc. will cut down its salaried workforce by 10 percent over the next three months, amounting to a roughly 3.5 percent reduction in total headcount at the company, CEO Elon Musk said on June 21. “We grew very fast on the salaried side,” Musk said in an interview with Bloomberg News Editor-in-Chief…
Research: Tesla Could Be Overtaken by Volkswagen as Top EV Maker by 2024
Germany’s Volkswagen Group could grab the top electric vehicle (EV) maker crown from Tesla Inc., according to a research report by Bloomberg Intelligence. Volkswagen’s battery electric vehicle share already tops that of Tesla in Europe and the legacy automaker needs to replicate that success in other regions, particularly China where it is currently struggling to…
Tesla Investor Sues Musk, Board Over Accusation of Workplace Discrimination
A Tesla Inc. shareholder sued the electric car maker, Chief Executive Elon Musk, and its board, accusing them of neglecting to tackle complaints about workplace discrimination and harassment, and engendering a “toxic workplace culture.” Thursday’s lawsuit is the latest against Tesla, which has been accused of racial discrimination and sexual harassment in its factories. “Tesla…
BlackRock and ESG Controlling America but Benefiting China—With Will Hild
How does Blackrock utilize the environmental, social, and governance (ESG) score system to control domestic policies, while benefiting from their special treatment in China? And does the United States suffer while China benefits from this vampiric relationship? We discuss this with Will Hild from Consumers’ Research. I then discuss the just-concluded Shangri-La security summit, where…
Newly-Launched Tesla Model Y Sees Huge Demand in Australia
High demand for Tesla’s Model Y SUV after its launch in Australia has caused the automaker to push back delivery dates for the vehicle by six months. The Austin-based automaker introduced on June 10 the Model Y to Australians, priced from AUD$68,900 plus on-road costs for its entry-level rear-wheel-drive variant, about $5,000 more than the…
Tesla Hiring 500–600 Staff a Month at German Plant: Regional Economy Minister
BERLIN—Tesla is hiring 500 to 600 people a month at its Gruenheide plant and is working with the national employment agency to recruit workers no longer needed at German carmakers, the regional economy minister of Brandenburg said on Monday. A total of 4,100 to 4,500 staff have been recruited so far, minister Joerg Steinbach said…
Tesla Cancels Three Online Hiring Events in China: Can CCP Revive Confidence Among Foreign Companies?
On June 9, 2022, Tesla Inc. (TSLA) canceled three live job hiring events for China, which were originally scheduled for this month, after the Shanghai government had already held two video roundtable talks for foreign companies in Early June; the second of which included executives from six foreign auto enterprises, including Tesla. Telsa did not…
The Electric Car Is Biden’s ‘Golden Calf’
Commentary President Joe Biden, a man who frequently touts “the science”—but, it’s rather evident, would be unlikely to do better than a “D” on a high school chemistry or physics test—has placed a civilizational-level bet on the electric car. (Pop Quiz, Joe Biden: What’s the second law of thermodynamics? Biden: Thermodynamics? I love that company!…
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