Tesla’s Shanghai factory workers welcome bonus increase after record deliveries

[1/2]A truck transports new Tesla cars at its factory in Shanghai, China May 13, 2021. REUTERS/Aly Song/File Photo SHANGHAI, July 14 (Reuters) – Several workers at Tesla’s (TSLA.O) Shanghai plant, its biggest manufacturing hub globally by output, said they had been awarded a large increase in their latest quarterly performance bonuses. The workers said they… Continue reading Tesla’s Shanghai factory workers welcome bonus increase after record deliveries

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[1/2]Members of the press and the general public check out the Atto 3 electric SUV made by Chinese carmaker BYD, at the Fully Charged Live electric vehicle trade show in Farnborough, Britain, April 28, 2023. REUTERS/Nick Carey/File Photo NEW DELHI, July 14 (Reuters) – China’s BYD Co (002594.SZ) has submitted a $1 billion investment proposal… Continue reading article with gallery

Tesla begins sale of cheaper Model Y vehicle in South Korea

SEOUL, July 14 (Reuters) – Tesla (TSLA.O) began selling its Model Y rear-wheel drive car on Friday in South Korea at a price of 56.99 million won ($45,139), the automaker’ s website said, making the vehicles eligible for the maximum rate of government subsidies. The car, which boasts a driving range of 350 kilometres (217.48… Continue reading Tesla begins sale of cheaper Model Y vehicle in South Korea

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Summary Companies Ripple decision seen setting precedent for crypto regulation Bitcoin hits 1 year high; altcoins surge Coinbase stock doubles in a month SINGAPORE, July 14 (Reuters) – Cryptocurrencies were testing year highs on Friday as a run of favourable regulatory and investment moves have started to shift momentum in markets that had been stuck… Continue reading Untitled

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WASHINGTON, July 13 (Reuters) – A U.S. federal court rejected the Federal Trade Commission’s request that it order Microsoft (MSFT.O) to temporarily hold off on closing its $69 billion purchase of “Call of Duty” maker Activision Blizzard (ATVI.O), according to a court filing. Reporting by Kanishka Singh in Washington; Editing by Sandra Maler Our Standards:… Continue reading Untitled

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–  Allen & Overy’s global managing partner Gareth Price resigned from the London-founded law firm which is in talks to merge with Shearman & Sterling. –  More lawyers, including name partner Joseph Lordan, left two-month-old California law firm Daugherty Lordan, which has been grappling with the disclosure of brazenly bigoted emails written by its since-departed… Continue reading Legalcategory

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WASHINGTON, July 13 (Reuters) – In late June, one of cybersecurity expert Steven Adair’s clients got an alert from Microsoft: one of the client’s employees working on human rights issues had their email account compromised. The client wanted to know if Adair could get to the bottom of it. Adair, who used to work in… Continue reading Untitled

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EV brand Smart plans funding led by Tianqi Lithium EV brand Smart said on Thursday it planned to raise $250-300 million via series-A funding which it hoped would enhance its long-term sustainable development strategy and accelerate its global development. Go to Source

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–  Allen & Overy’s global managing partner Gareth Price resigned from the London-founded law firm which is in talks to merge with Shearman & Sterling. –  More lawyers, including name partner Joseph Lordan, left two-month-old California law firm Daugherty Lordan, which has been grappling with the disclosure of brazenly bigoted emails written by its since-departed… Continue reading Legalcategory