But it has not been enough for Ishtiaq Ahmed, 42, who works for Uber and Lyft and lives with his wife and four children in Brooklyn. Mr. Ahmed said that, more than a decade ago, he used to earn $700 to $800 a day with the app services. Now, he is lucky to make $140.… Continue reading Uber Drivers Say They Are Struggling: ‘This Is Not Sustainable’
Author: New York Times Online News
Mercedes-Benz Plans to Build U.S. Electric Car Charging Network
Mercedes-Benz said Thursday that it would install a network of 2,500 high-powered chargers in the United States by 2027, a sign the German carmaker is expanding its commitment to electric vehicles by borrowing a page from Tesla’s playbook. The fast chargers, distributed among 400 stations, will operate under the Mercedes brand. Owners of the company’s… Continue reading Mercedes-Benz Plans to Build U.S. Electric Car Charging Network
Tesla Sales in China Slump as Competition Intensifies
Tesla sales in China, the world’s largest car market and a crucial element of the company’s fortunes, slumped at the end of 2022 as domestic manufacturers like BYD gained ground with lower-priced electric vehicles, according to data published Thursday. Tesla sold around 56,000 cars in China last month, a decline of 21 percent from a… Continue reading Tesla Sales in China Slump as Competition Intensifies
Tesla Car Sales Grow Slower Than Expected, Amplifying Concerns
Tesla said Monday that deliveries in the last three months of the year rose 18 percent from the previous quarter, disappointing Wall Street analysts and adding to pressure on Elon Musk, the company’s chief executive, to focus on making cars rather than overhauling Twitter. Tesla said it delivered 405,000 electric cars from October through December.… Continue reading Tesla Car Sales Grow Slower Than Expected, Amplifying Concerns
Investor Lawsuit Against Elon Musk and Tesla Goes to a Jury
The case centers on whether investors lost money because they believed Mr. Musk’s social media posts about taking Tesla private in 2018. Go to Source
Elon Musk Says He Could Have Raised Funds to Take Tesla Private
Mr. Musk testified in a lawsuit filed by investors who claim his 2018 statements about a plan to buy up the carmaker’s stock cost them billions. Go to Source
Elon Musk Testifies That His Tweets Did Not Drive Tesla’s Stock Price
The chief executive of Tesla testified in a federal civil trial about a 2018 plan to take the automaker private that fizzled out. Go to Source
Elon Musk Goes to Trial Over His 2018 Plan to Take Tesla Private
Investors are seeking billions of dollars in damages for their losses after Mr. Musk posted a proposal on Twitter that never materialized. Go to Source
Uber Drivers Say They Are Struggling: ‘This Is Not Sustainable’
Drivers’ hourly earnings have increased since 2018, but the company sued to block their raise last year and inflation has taken a toll. Go to Source
Mercedes-Benz Plans to Build U.S. Electric Car Charging Network
The network could help increase the low number of charging stations, encouraging more people to buy electric vehicles. Go to Source