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Continue ReadingA strike by Tesla mechanics in Sweden, among the country's longest labour disputes, continues to disrupt operations, a union said on Wednesday, and is drawing scrutiny from investors despite Elon Musk saying the storm is over. For months Tesla has been under pressure in the Nordics, with sympathy actions since October backing Swedish IF Metall's mechanics' demand for a collective agreement. Postal workers, garbage collectors, repair centres, port workers, electricians, and cleaners are among those that have refused to handle Tesla business, forcing the company to find alternative ways of running its operations...
Continue ReadingFutuThe stock market awaits the CPI inflation report. Nvidia chipmaker Taiwan Semiconductor posted strong sales on AI demand...
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Continue ReadingTesla chief Elon Musk will visit India this month to meet Prime Minister Narendra Modi and is expected to make an announcement on plans to invest and open a new factory in the country, two sources with direct knowledge said. The billionaire will meet Modi in the week of April 22 in New Delhi, and will separately make an announcement about his India plans, said the two sources, who declined to be named as the trip details are confidential. Reuters is first to report details of Musk's planned India visit...
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Continue ReadingNEW DELHI (Reuters) -Tesla chief Elon Musk said he will visit India to meet Prime Minister Narendra Modi, and two sources told Reuters the billionaire entrepreneur is expected to make an announcement on investment and a factory in the country. "Looking forward to meeting with Prime Minister Narendra Modi in India!", he said in a post on X after Reuters first reported details of Musk's planned India visit this month. The billionaire will meet Modi in the week of April 22 in New Delhi, and will separately make an announcement about his India plans, said the two sources, who declined to be named as the trip details are confidential...
Continue ReadingRivian Automotive is facing challenges such as high production costs and undercapitalization. Click here to see why RIVN stock is a Sell...
Continue ReadingAlthough technology and AI remain a dominant part of the market narrative, benchmark performance has broadened significantly in the current rally...
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