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Continue ReadingApple to halt sales of some smartwatches before Christmas, Biden administration releases new guidelines for mergers, and other news to start your day...
Continue ReadingTesla and Meta Platforms could be set for another strong year in 2024...
Continue ReadingThe electric vehicle start-up is growing quickly, but losing a lot of money...
Continue ReadingThe market rally over the last month hasn't been driven by the Magnificent 7 tech stocks, a promising sign that it actually has legs...
Continue ReadingElectric-vehicle startups were flying high just a few years ago. Now many are focused on survival, a Journal analysis finds...
Continue ReadingThe electric vehicle company may be testing a new approach to wooing workers thinking of unionizing at a plant in Nevada...
Continue ReadingIn an interview aired over the weekend, Xiaomi founder Lei Jun said the company devoted $1.4 billion towards a single EV prototype...
Continue ReadingChinese electric vehicle (EV) maker Nio has secured $2.2 billion in investment from CYVN Holdings of Abu Dhabi, giving the Tesla challenger a longer financial runway as it seeks to make inroads in an increasingly competitive market...
Continue ReadingThe EV maker will bump the pay for hourly workers from $20 to $22 an hour on the low end, and up to $34.50 an hour from $30.65 on the high end, according to the report, citing internal materials, adding that the raise can add anywhere from $2 to $8.30 an hour to their pay. Tesla and did not immediately respond to a Reuters request for comment. The United Auto Workers (UAW) said last month it was launching a first-of-its-kind push to publicly organize the entire nonunion auto sector in the U.S. after winning new record contracts with the Detroit Three automakers...
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