Tesla (TSLA) crashes despite strong earnings; is the credibility going away?

Tesla’s stock (TSLA) crashed 7% today following earnings that actually met expectations. So what is the problem? Is Tesla losing its credibility? Yesterday, Tesla released its Q1 2023 financial results and met earnings expectations of $0.85 per share and even surprised many by maintaining an automotive gross margin over 19% despite significant price cuts during the… Continue reading Tesla (TSLA) crashes despite strong earnings; is the credibility going away?

Traffic deaths down slightly in 2022 but still a ‘crisis’

Detroit — The number of people killed on U.S. roadways decreased slightly last year, but government officials said the 42,795 people who died is still a national crisis. Estimates by the National Highway Traffic Safety Administration showed that the number of fatalities dropped 0.3% from the 42,939 killed in 2021. Traffic deaths declined slightly in… Continue reading Traffic deaths down slightly in 2022 but still a ‘crisis’

Michigan lawmakers sign off on $175 million for Gotion development

Lansing — A single vote made the difference Thursday and provided Michigan lawmakers’ final approval of $175 million in incentives for Gotion Inc.’s much-debated electric vehicle battery plant near Big Rapids. The Senate Appropriations Committee voted 10-9 to approve the transfer of state tax dollars, allowing state officials to move forward with spending the money… Continue reading Michigan lawmakers sign off on $175 million for Gotion development

Experts Puzzled by Bright Flash Over Ukraine

“The whole city is at a loss, what it was. UFO?” Flash of Light An incredibly bright flash of light lit up the skies over Kyiv, Ukraine, late Wednesday evening — and experts are still hunting for an exact explanation. A video shared by Ukraine’s ambassador to Austria Olexander Scherba on Twitter shows the bizarre… Continue reading Experts Puzzled by Bright Flash Over Ukraine

The People Who Still Love Renting DVDs From Netflix

For you, the start of an evening in front of Netflix might begin with the tudum jingle. But for some, it still starts with opening a small red envelope. Not for long. The end of Netflix’s DVD rental business might be long overdue, but for some it was Netflix—and for all of us, its demise is a… Continue reading The People Who Still Love Renting DVDs From Netflix

France’s Renault plans no big price cuts despite Tesla challenge

Renault brand CEO Fabrice Cambolive said earlier this week the brand would be reviewing prices worldwide, calling Tesla’s price cuts a warning and a challenge to the whole industry. Renault does not plan to drastically cut prices on its electric vehicles, including the recently launched Megane E-Tech, and follow U.S. rival Tesla in what the… Continue reading France’s Renault plans no big price cuts despite Tesla challenge

Summary of the Congress of National Remembrance in Warsaw

History as the teacher of life and death WARSAW, Poland, April 20, 2023 /PRNewswire/ — “History is a teacher of life and, for Poles, also a teacher of death” – this is how the President of the Institute of National Remembrance, Dr Karol Nawrocki, paraphrased the ancient proverb at one of the panels of the Congress… Continue reading Summary of the Congress of National Remembrance in Warsaw

Summary of the Congress of National Remembrance in Warsaw

History as the teacher of life and death WARSAW, Poland, April 20, 2023 /PRNewswire/ — “History is a teacher of life and, for Poles, also a teacher of death” – this is how the President of the Institute of National Remembrance, Dr Karol Nawrocki, paraphrased the ancient proverb at one of the panels of the Congress… Continue reading Summary of the Congress of National Remembrance in Warsaw

Global Aerospace Additive Manufacturing Strategic Analysis Report 2023 Featuring 3D Systems, Arconic, CRP Technology, EOS, ExOne, GE Additive, GKN Additive, Optomec, & Stratasys

DUBLIN, April 20, 2023 /PRNewswire/ — The “Aerospace Additive Manufacturing: Global Strategic Business Report” report has been added to  ResearchAndMarkets.com’s offering. Global Aerospace Additive Manufacturing Market to Reach $3.5 Billion by 2030 The global market for Aerospace Additive Manufacturing estimated at US$932.5 Million in the year 2022, is projected to reach a revised size of… Continue reading Global Aerospace Additive Manufacturing Strategic Analysis Report 2023 Featuring 3D Systems, Arconic, CRP Technology, EOS, ExOne, GE Additive, GKN Additive, Optomec, & Stratasys

Credit Suisse bankers maybe in for a culture clash at UBS

Credit Suisse Group AG’s dealmakers, hoping to secure jobs after UBS Group AG’s rescue takeover, are struggling to dispel fears about a culture clash and many will be disappointed, sources familiar with the talks told Reuters. UBS bankers over recent weeks have been meeting with their counterparts at Credit Suisse in the world’s biggest financial… Continue reading Credit Suisse bankers maybe in for a culture clash at UBS