The Elon Musk Twitter drama escalates with a lawsuit. Former shareholders sue over delay in disclosing stake. There’s possible improvement with the supply chain snarls; some in the trucking industry say demand is slowing down. Solar and wind energy prices are rising, along with everything else. We talk to a windmill maker to see what’s happening. Racing…
Delta: Hiking Fares Helps With Fuel Costs; China Lockdown May Impact iPhone Production | NTD Business
Tesla Sues Chinese Social Media Influencer for Defamation
American electric carmaker Tesla, Inc. is involved in another high profile lawsuit in mainland China. The company is suing a Chinese social media influencer for defamation. Mainland Chinese media Securities Times reported on Jan. 26 that Tesla would sue a Chinese social media influencer with the account named of Xiaogang Senior for reputation damage. The…
High Prices, Steady Supply Chain Protect BMW From Industry Woes
November 6, 2021
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BERLIN—BMW beat analysts’ forecasts on Wednesday with a 42.4 percent increase in third quarter net profits to 2.58 billion euros ($2.99 billion) as higher prices and strong electric vehicle (EV) sales offset lower deliveries due to scarce chips. In an earnings call, finance chief Nicolas Peter said the company was confident of topping its target…
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