Tesla cuts China prices up to 9% as analysts warn of ‘price war’

SHANGHAI (Reuters) — Tesla has cut starter prices for its Model 3 and Model Y cars by as much as 9% in China, reversing a trend of increases across the industry amid signs of softening demand in the world’s largest auto market. The price cuts, posted in listings on the electric vehicle (EV) giant’s China website… Continue reading Tesla cuts China prices up to 9% as analysts warn of ‘price war’

World NM: Russian troops down three UAVs, eliminate 21 HIMARS, Olkha rockets in Ukraine operation001818

MOSCOW, October 24. /TASS-DEFENSE/. Russian troops have hit four command posts of the Ukrainian army, shot down three unmanned aerial vehicles (UAVs), eliminated 21 rockets of the HIMARS and Olkha multiple launch rocket systems during the special military operation in Ukraine, Defense Ministry Spokesman Lieutenant General Igor Konashenkov said. In the Kupyansk direction, up to… Continue reading World NM: Russian troops down three UAVs, eliminate 21 HIMARS, Olkha rockets in Ukraine operation001818

Tesla cuts prices in China on concern over softening demand

In a reversal following a series of hikes his year, Tesla (TSLA) is now cutting prices in China. The automaker cut prices across the board for its offerings in China, with the entry-level Model 3 sedan dropping by nearly 5% to 279,000 yuan, and the entry level Model Y SUV’s price coming down by 9%… Continue reading Tesla cuts prices in China on concern over softening demand

Tesla cuts prices in China on concern over softening demand

In a reversal following a series of hikes his year, Tesla (TSLA) is now cutting prices in China. The automaker cut prices across the board for its offerings in China, with the entry-level Model 3 sedan dropping by nearly 5% to 279,000 yuan, and the entry level Model Y SUV’s price coming down by 9%… Continue reading Tesla cuts prices in China on concern over softening demand

Mensura Advises Advanced Marine Preservation, LLC in its Sale to Armada Parent, Inc.

ATLANTA, Oct. 24, 2022 /PRNewswire/ — Mensura Capital, LLC (“Mensura”) today announced that it advised Advanced Marine Preservation, LLC (“AMP or the “Company”) in its sale to Armada Parent, Inc. (“Armada”), a portfolio company of global investment firm Carlyle (NASDAQ: CG) and Stellex Capital Management. Terms of the transaction were not disclosed. AMP provides critical… Continue reading Mensura Advises Advanced Marine Preservation, LLC in its Sale to Armada Parent, Inc.

German Handelsblatt: Volkswagen subsidiary: Almost the entire Porsche board of directors buys its own shares005457

Porsche-Börsenstart in Frankfurt Der komplette Porsche-Vorstand beim Börsenstart in Frankfurt: Die meisten Topmanager aus der obersten Führungsriege trauen der eigenen Aktie und kaufen sie. (Foto: Bloomberg) Der Porsche-Vorstand bekennt sich zum eigenen Unternehmen: Fast alle Vorstandsmitglieder haben in den vergangenen Wochen Vorzugsaktien des Stuttgarter Sportwagenherstellers erworben. Der oberste Führungszirkel hat dafür zusammen eine knappe Million Euro… Continue reading German Handelsblatt: Volkswagen subsidiary: Almost the entire Porsche board of directors buys its own shares005457

German Handelsblatt: Volkswagen subsidiary: Almost the entire Porsche board of directors buys its own shares005457

Porsche-Börsenstart in Frankfurt Der komplette Porsche-Vorstand beim Börsenstart in Frankfurt: Die meisten Topmanager aus der obersten Führungsriege trauen der eigenen Aktie und kaufen sie. (Foto: Bloomberg) Der Porsche-Vorstand bekennt sich zum eigenen Unternehmen: Fast alle Vorstandsmitglieder haben in den vergangenen Wochen Vorzugsaktien des Stuttgarter Sportwagenherstellers erworben. Der oberste Führungszirkel hat dafür zusammen eine knappe Million Euro… Continue reading German Handelsblatt: Volkswagen subsidiary: Almost the entire Porsche board of directors buys its own shares005457

German Handelsblatt: Volkswagen subsidiary: Almost the entire Porsche board of directors buys its own shares005457

Porsche-Börsenstart in Frankfurt Der komplette Porsche-Vorstand beim Börsenstart in Frankfurt: Die meisten Topmanager aus der obersten Führungsriege trauen der eigenen Aktie und kaufen sie. (Foto: Bloomberg) Der Porsche-Vorstand bekennt sich zum eigenen Unternehmen: Fast alle Vorstandsmitglieder haben in den vergangenen Wochen Vorzugsaktien des Stuttgarter Sportwagenherstellers erworben. Der oberste Führungszirkel hat dafür zusammen eine knappe Million Euro… Continue reading German Handelsblatt: Volkswagen subsidiary: Almost the entire Porsche board of directors buys its own shares005457

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Oct 24 (Reuters) – Toyota (7203.T) is considering a reboot of its electric-car strategy to better compete in a booming market it has been slow to enter, and has halted some work on existing EV projects, four people with knowledge of the still-developing plans said. The proposals under review, if adopted, would amount to a… Continue reading Untitled