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download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . I lost my job, my home, and almost everything I owned along with deep formative relationships, my identity, and my entire sense of self. When we began the divorce process, I moved my daughter and myself to my mom's for support. I knew I needed time and space to allow myself to grieve, and it was a slow and agonizing process. I'm still living at home with my mom and slowly rebuilding a life for my daughter and me.
Persons: Ayan Said, , Ehlers, affirmations, I'm, I've Organizations: LinkedIn, Service Locations: Somalia
Tesla is due to report earnings after the bell Tuesday, with Wall Street looking for any sign of a reprieve from this year's struggles. Here's the company's setup heading into the report, what analysts expect and which product updates analysts and investors are going to focus on. Big earnings drop expected For the first quarter, analysts polled by LSEG expect Tesla to report earnings of 51 cents per share, which represents a 39.8% year-over-year decline in earnings. Wells Fargo's Colin Langan maintained his underweight rating and cut his price target to $120 a share, citing poor fundamentals. Deutsche Bank's Emmanuel Rosner downgraded the stock to hold from buy and slashed his price target to $123 a share.
Persons: Tesla, Tom Narayan, Itay Michaeli, Wells Fargo's Colin Langan, Deutsche Bank's Emmanuel Rosner, Rosner, Morgan Stanley's Adam Jonas, Jonas, Elon Musk, Musk, America's John Murphy, Murphy, Deutsche Bank's Rosner, Levy Organizations: Management, RBC, LSEG, Citi, Deutsche, EV, Reuters, America's, Barclays, Tesla
Forget Tesla , the real competition in electric vehicles is low-cost Chinese automakers. Farley wants to be prepared even if the U.S. government were to step in to curtail Chinese automakers' access. Outlook Ford investors shouldn't be concerned in the short term since Chinese EV competitors won't enter the market overnight. To that end, a group of lawmakers has urged the White House to boost tariffs on Chinese vehicles and figure out a way to be "prepared to address the coming wave" of Chinese vehicles by way of U.S. other trading partners. The cost of production will become more efficient, resulting in a more competitive and hopefully profitable Ford EV product.
Persons: Forget Tesla, Jim Farley, BYD, Ford, Farley, , Warren, Berkshire Hathaway, Morgan Stanley, I've, Tom Narayan, Stellantis, Narayan, Tesla, Jim Cramer, Jim, It's, RBC's Narayan, Ford's Farley, Wolfe, Jeff Windau, Edward Jones, shouldn't, Biden, Windau, doesn't bode, Jim Cramer's, Charly Triballeau Organizations: Nikkei, Wolfe Research, Ford, RBC Capital Markets, U.S, EV, Detroit, General Motors, Chrysler, Ford Blue, Ford Pro, Ford Model, CNBC, ICE, Ferrari, North, Outlook, Bloomberg, Ford EV, American EV, AFP, Getty Locations: U.S, Mexico, China, Europe, Indonesia, Hungary, Thailand, Inwood , New York
Analysts are growing cautious on Rivian shares as its struggles are worsened by weak electric vehicle demand. RBC has a $15 per share price target, which is roughly 3% below Wednesday's close of $15.39. RIVN 1D mountain Rivian stock. Narayan said legacy automakers are in a better position to navigate the current slowdown in EV demand, and said he expects Rivian stock to "to come under pressure." Langan lowered his price target to $14 per share from $18.
Persons: Rivian, Tom Narayan, expected.It, Narayan, FactSet, Wells, Colin M, Langan, Goldman Sachs, Mark Delaney, Delaney, — CNBC's Michael Bloom Organizations: RBC Capital, RBC, Barclays Locations: Wednesday's
This article is part of "Business Travel Playbook," a series about making the most of work travel. Along with offering opportunities to brainstorm and collaborate, an annual company retreat can help combat loneliness, boost morale, and motivate employees. The importance of including employees in decision-makingTo run a successful retreat, employees need to be on board early and feel included in the process. Depending on your budget, a local hotel or lodge within driving distance of the office may be ideal for a first company retreat. The Knowledge HouseWith so many moving parts, it's also wise to consider hiring a third-party company to plan a retreat or to coordinate the retreat activities, Dolin said.
Persons: , Brittany Dolin, Audrey Ma, Alex Barrett, Cecilia Sanchez, Leanne Mair, " Mair, Leanne Mair Barrett, it's, Nicole Dayan, It's, Dayan, Mair, Barrett, Dolin Organizations: Service, Business, Pocketbook Agency, Benefactum Consulting, Employees Locations: Perceptyx, New York, Atlanta , Newark, Los Angeles
The logo of a Tesla electric vehicle is placed on a car outside a dealership in Drogenbos, Belgium November 25, 2023. REUTERS/Yves Herman/File Photo Acquire Licensing RightsDec 1 (Reuters) - Tesla shares (TSLA.O) fell about 2% on Friday after the highly anticipated launch of its Cybertruck left analysts concerned about the electric vehicle's steep price tag and a longer wait for significant financial payoff. Musk has said Tesla was likely to reach a production rate of roughly 250,000 Cybertrucks a year in 2025. At $235.45, Tesla was set to lose about $15 billion in market valuation on Friday. "Cybertruck is more of a 'halo' product, in our view, to attract consumers to the brand for the mainstream vehicles Model 3 and Model Y," RBC Capital Markets analyst Tom Narayan said.
Persons: Yves Herman, Elon Musk, Wedbush, Bernstein, Musk, Tesla, Tesla's, Rivian, R1T, Tom Narayan, Samrhitha Arunasalam, Chavi Mehta, Devika Organizations: REUTERS, General Motors, Hummer, RBC Capital, Thomson Locations: Drogenbos, Belgium, Bengaluru
India’s gamified equities are a wake-up call
  + stars: | 2023-11-08 | by ( Pranav Kiran | ) www.reuters.com   time to read: +4 min
The result is an acceleration of Indian savings away from gold and real estate into financial products. However, it is also leading to what Ashish Gupta, chief investment officer at Axis Bank’s mutual fund, dubs “the gamification of Indian equities”. A frenzy for index options has driven up volume in the derivatives market to the tune of $4.3 trillion a day. Retail traders made up a higher share of equity derivatives turnover than their institutional counterparts on the National Stock Exchange between 2017 and 2021. Whatever the fix, it’s a reminder that India’s digital leapfrog which other developing countries are urgently trying to replicate has a dark side too.
Persons: Francis Mascarenhas, Ashish Gupta, Gupta, weren’t, Ananth Narayan, SEBI, Nithin Kamath, Zerodha, Lalit Keshre, Una Galani, Thomas Shum Organizations: Bombay Stock Exchange, REUTERS, Rights, Reuters, National Stock Exchange, Tiger, Securities, Exchange Board of India, Thomson Locations: Mumbai, India, U.S
The country's leaders have been optimistic about its path to net zero, making bold claims that 50% of its power generation will come from renewables by 2030, and 100% by 2070. "This heightened power demand necessitates a reliable, cost-effective, and consistent power generation source, which coal currently fulfills," he highlighted. Nearly 10% of the country's electricity demand comes from space cooling and this will increase ninefold by 2050, the IEA said. Unreliable renewablesDespite being able to produce cheap wind and solar energy, only 22% of India's power generation is met by renewables. These complexities render it challenging to rely solely on renewables for consistent and dependable power generation," Narayan said.
Persons: Money Sharma, Anil Kumar Jha, Jha, Neshwin Rodrigues, Prakash Singh, Sooraj Narayan, Wood, Sooraj Narayan Wood Mackenzie, Narayan, Sumant Sinha, Sinha, CNBC's, Wood Mackenzie's Narayan Organizations: Afp, Getty, Coal, CNBC, National Thermal Power Corporation, International Energy Agency, Ministry of Coal, Jha, Bloomberg, Investment, Invest India, Nurphoto Locations: Uttar Pradesh, India, Coal India, Dadri, Asia, Uttarakhand, Kerala
People stand outside the Zamra International Convention and Exhibition Centre where multiple blasts occurred during a religious gathering of Jehovah's Witnesses, a Christian group, in Kochi, India, October 29, 2023. REUTERS/Sivaram V/File photo Acquire Licensing RightsTHIRUVANANTHAPURAM, India Oct 31 (Reuters) - Police in Kerala opened an investigation against India's deputy minister of Information Technology on Tuesday for allegedly stirring religious hatred on social media after bomb blasts at a Jehovah's Witnesses convention in the southern state. More than 2,000 people were attending the convention in the state, where the Jehovah's Witnesses have a strong presence. Police arrested a man after he posted a video claiming responsibility for the attack, accusing the religious group of being anti-national. Chandrashekhar's aide told Reuters the criminal case filed by the Kerala police would be addressed by the minister's lawyer.
Persons: Sivaram, Rajeev Chandrashekhar, Narendra Modi's, Kerala's, Chandrashekhar, Hillary Clinton's, Khaled Mashal, Pinarayi Vijayan, Vijayan, Israel, Rupam Jain, Simon Cameron, Moore Organizations: Exhibition, REUTERS, Rights, Police, Information Technology, Communist, Reuters, Thomson Locations: Zamra, Kochi, India, Rights THIRUVANANTHAPURAM, Kerala, Gaza
People stand outside a convention centre where multiple blasts occurred during a religious gathering in Kochi, India, October 29, 2023. Preliminary investigation showed that an improvised explosive device was used, Kerala Director General of Police Shaik Darvesh Saheb told reporters earlier. Police were appointing a special investigations team, Saheb told reporters, adding that strict action would be taken against those involved. "The explosions occurred seconds after the end of a prayer as part of the day's event. Seconds later, two more explosions rocked simultaneously on either sides of the hall," TA Sreekumar, regional spokesperson for the Jehovah's Witnesses told mathrubhumi.com.
Persons: Umesh, Veena George, Police Shaik Darvesh Saheb, Saheb, Pinarayi Vijayan, mathrubhumi.com, Swati Bhat, Gerry Doyle, Bernadette Baum Organizations: REUTERS, Rights, Asianet News, Reuters, Police, Local, National Security Guard, TA, Thomson Locations: Kochi, India, Rights KOCHI, Kerala, Thrissur, Ernakulam, Kalamassery, United States
KOCHI, India, Oct 29 (Reuters) - At least one person was killed and several were injured in a series of explosions at a convention centre in the southern Indian state of Kerala on Sunday where a Christian group was holding a prayer meeting. The incident took place during a Jehovah's Witnesses convention at the centre in Kalamassery, about 10 kilometres (6.21 miles) northeast of Kochi. P. Rajeev, Kerala's industry minister, told reporters that he cause of the explosion could not be immediately determined. Local newspaper Mathrubhumi said at least three explosions occurred inside the convention hall, with more than 23 people injured. Seconds later, two more explosions rocked simultaneously on either sides of the hall," TA Sreekumar, regional spokesperson for the Jehovah's Witnesses told mathrubhumi.com.
Persons: Pinarayi Vijayan, Rajeev, Jehovah's, Mathrubhumi, Veena George, mathrubhumi.com, Swati Bhat, Gerry Doyle Organizations: TA, Thomson Locations: KOCHI, India, Kerala, Kalamassery, Kochi, United States
By Jose Devasia and Maria PonnezhathKOCHI, India (Reuters) -At least one person was killed and several were injured in a series of explosions at a convention centre in the southern Indian state of Kerala on Sunday where a Christian group was holding a prayer meeting. The incident took place during a Jehovah's Witnesses convention at the centre in Kalamassery, about 10 kilometres (6.21 miles) northeast of Kochi. P. Rajeev, Kerala's industry minister, told reporters that he cause of the explosion could not be immediately determined. Local newspaper Mathrubhumi said at least three explosions occurred inside the convention hall, with more than 23 people injured. Seconds later, two more explosions rocked simultaneously on either sides of the hall," TA Sreekumar, regional spokesperson for the Jehovah's Witnesses told mathrubhumi.com.
Persons: Jose Devasia, Maria Ponnezhath, Pinarayi Vijayan, Rajeev, Jehovah's, Mathrubhumi, Veena George, mathrubhumi.com, Swati Bhat, Gerry Doyle Organizations: TA Locations: Maria Ponnezhath KOCHI, India, Kerala, Kalamassery, Kochi, United States
Opinion | A Dispatch From the Muslim Girl Scouts of Astoria
  + stars: | 2023-10-28 | by ( Mara Gay | ) www.nytimes.com   time to read: +7 min
At a meeting of the Muslim Girl Scouts of Astoria last week, a young woman bounded into the room, asking whether her fellow scouts had secured tickets to an Olivia Rodrigo concert. “It’s no conflict at all,” Ms. Rayan told me of Islam and the Girl Scouts. “You want a strong Muslim American girl.”At the Girl Scouts meeting, Amira and her friends discussed their plans to protest the war in Gaza. In 1948, Ms. Rayan told me, her grandfather lost his home and land in Jaffa to the state of Israel. Ms. Rayan said those killed in her family included six cousins and their children, who were as young as 2.
Persons: Amira Ismail, Amira, ’ ” Amira, ‘ That’s, , , ” Amira, Eid, Dianne Morales, Abier Rayan, Olivia Rodrigo, Taylor Swift, Ms, Rayan, There’s, “ I’m, John Lewis, Amira waded Organizations: City Hall, Palestinian, United, New, Muslim Girl Scouts, Scout, Girl Scouts, Gaza Health Ministry, Hamas, Yorkers, Brooklyn Locations: New York, Queens, New York City, Palestinian American, United States, Israel, America’s, Astoria, Gaza, Egypt, Jaffa, Gaza City, Brooklyn
[1/4] Tesla China-made Model 3 vehicles are seen during a delivery event at its factory in Shanghai, China January 7, 2020. To prevent demand from waning, market leader Tesla, with industry-leading profit margins, has been the first and most aggressive in slashing prices, forcing others to follow suit and squeezing margins. "If interest rates remain high ... it's that much harder for people to buy the car. They simply can't afford it," Musk said, adding he would "accelerate" expansion of the Mexico factory if interest rates come down. That is not expected in the United States until June 2024, based on current market estimates , with recent robust economic data suggesting the central bank might leave interest rates higher for longer.
Persons: Aly, Elon Musk, Musk, Tesla, Ford, Tom Narayan, Narayan, Abhirup Roy, Ben Klayman, Jamie Freed Organizations: REUTERS, FRANCISCO, Wednesday, General Motors, Ford, EV, GM, Chevrolet Silverado, GMC, Air, RBC Capital Markets, Reuters, Thomson Locations: China, Shanghai, Mexico, Michigan, Detroit, U.S, United States, San Francisco
A bird flies past the new logo of the Securities and Exchange Board of India (SEBI) at its headquarters in Mumbai, India, April 19, 2023. REUTERS/Francis Mascarenhas/File Photo Acquire Licensing RightsOct 17 (Reuters) - India's markets regulator and its central bank are investigating about a dozen cases of alternate investment funds (AIFs) allegedly being used to circumvent regulations, including "evergreening" of stressed loans, according to three sources with direct knowledge of the matter. The central bank has initiated enquiries into these cases, according to the first and third sources. In other cases under investigation, AIFs have been used to evade caps on foreign investment in certain sectors, the first and third sources said. Priority payouts are when an investment is split into senior and junior tranches based on the risk and priority of payout.
Persons: Francis Mascarenhas, Ananth Narayan, AIFs, Jayshree, Jamie Freed Organizations: Securities and Exchange Board of India, REUTERS, Securities, Exchange Board of India, Reserve Bank of India, AIFs, Thomson Locations: Mumbai, India
REUTERS/Irakli Gedenidze/File Photo Acquire Licensing RightsMOSCOW, Sept 24 (Reuters) - The 120,000 ethnic Armenians of Nagorno-Karabakh will leave for Armenia as they do not want to live as part of Azerbaijan and fear ethnic cleansing, the leadership of the breakaway region told Reuters on Sunday. As the Soviet Union crumbled, what is known as the First Karabakh War erupted (1988-1994) between Armenians and their Azerbaijan. If 120,000 people go down the Lachin corridor to Armenia, the small South Caucasian country could face a humanitarian crisis. It was not immediately clear where 120,000 people could be housed in Armenia, whose population is just 2.8 million, ahead of winter. Many Armenians blame Pashinyan, who lost a 2020 war to Azerbaijan over Karabakh, for losing Karabakh.
Persons: Irakli, David Babayan, Samvel Shahramanyan, Babayan, Nikol Pashinyan, Pashinyan, Ilham Aliyev, Armenia's Pashinyan, Guy Faulconbridge, Bernadette Baum Organizations: REUTERS, Rights, Reuters, Russian, Armenian, International Committee, Karabakh, stoke, NATO, Thomson Locations: Armenia, Azerbaijan, Nagorno, Karabakh, Kornidzor, Republic of Artsakh, Soviet Union, AZERBAIJAN, South Caucasus, Russia, United States, Turkey, Iran, Moscow, Yerevan, Russian
The 120,000 ethnic Armenians of Nagorno-Karabakh will leave for Armenia as they do not want to live as part of Azerbaijan and fear ethnic cleansing, the leadership of the breakaway region told Reuters on Sunday. Azerbaijan says it will guarantee their rights and integrate the region but the leadership of the Armenians in Karabakh told Reuters that they would leave. He said it was unclear when the Karabakh Armenians would move down the Lachin corridor which links the territory to Armenia, where Prime Minister Nikol Pashinyan has faced calls to resign for failing to save Karabakh. The process of giving up the weapons of the ethnic Armenian fighters is underway, Babayan said. Azerbaijan, which is mainly Muslim, has said the Armenians, who are Christian, can leave if they want.
Persons: David Babayan, Samvel Shahramanyan, Nikol Pashinyan, Babayan, Pashinyan Organizations: Reuters, Sunday, Karabakh, Soviets, International Committee Locations: Stepanakert, Azerbaijan, Nagorno, Karabakh, Armenia, Soviet Union, Republic of Artsakh, Russians, Ottomans, South Caucasus, Russia, United States, Turkey, Iran
[1/5] A view shows a border-crossing point on the frontier between Armenia and Azerbaijan and a base of Russian peacekeepers deployed in Nagorno-Karabakh as seen from a road near the village of Kornidzor, Armenia, September 23, 2023. REUTERS/Irakli Gedenidze Acquire Licensing RightsSummary Ethnic Armenians to leave Karabakh - leadership120,000 people could move into ArmeniaProcess of giving up weapons is underwayNEAR KORNIDZOR, Armenia, Sept 24 (Reuters) - The 120,000 ethnic Armenians of Nagorno-Karabakh will leave for Armenia as they do not want to live as part of Azerbaijan and fear ethnic cleansing, the leadership of the breakaway region told Reuters on Sunday. Azerbaijan says it will guarantee their rights and integrate the region but the leadership of the Armenians in Karabakh told Reuters that they would leave. He said it was unclear when the Karabakh Armenians would move down the Lachin corridor which links the territory to Armenia, where Prime Minister Nikol Pashinyan has faced calls to resign for failing to save Karabakh. Azerbaijan, which is mainly Muslim, has said the Armenians, who are Christian, can leave if they want.
Persons: Irakli, David Babayan, Samvel Shahramanyan, Nikol Pashinyan, Babayan, Pashinyan, Felix Light, Guy Faulconbridge, Lidia Kelly, William Mallard, Peter Graff Organizations: REUTERS, Karabakh, Reuters, Sunday, Soviets, International Committee, Thomson Locations: Armenia, Azerbaijan, Nagorno, Karabakh, Kornidzor, KORNIDZOR, Soviet Union, Republic of Artsakh, Russians, Ottomans, South Caucasus, Russia, United States, Turkey, Iran, Moscow
CNN —Armenia’s prime minister has called his country’s security relationships “ineffective,” in a swipe at Russia after Azerbaijan claimed the breakaway province of Nagorno-Karabakh following a swift military campaign. But this week, Azerbaijan forced the surrender of ethnic Armenian fighters in Nagorno-Karabakh, seemingly bringing to an end a conflict that has simmered for decades and raising the question whether Armenia could rely on long-term ally Russia. Although internationally recognized as part of Azerbaijan, Nagorno-Karabakh is home to 120,000 ethnic Armenians, who make up the majority of the population, and have created their own de facto government, rejecting Azerbaijani rule. Pashinyan’s comments come as the first group of civilians arrived in Armenia from Nagorno-Karabakh. One local official in the disputed region, said that the bulk of Nagorno-Karabakh’s Armenian population would leave for Armenia.
Persons: CNN —, , Nikol Pashinyan, Pashinyan, Azerbaijan’s, ” Pashinyan, ” David Babayan, Samvel Shahramanyan, ” Babayan, Cross Organizations: CNN, Collective Security, Organisation, NATO, Armenia’s Public, Reuters, International Committee, Twitter, Armenian Locations: Russia, Azerbaijan, Nagorno, Karabakh, Armenia, Russian, “ Armenia, , Republic of Artsakh, Artsakh
Karabakh Armenian authorities accused Azerbaijan of violating a ceasefire agreed on Wednesday after a lightning Azerbaijani offensive forced the separatists to agree to disarm. When asked about giving up weapons, Babayan said his people could not be left to die, so would security guarantees first. Talks took place on Thursday in the Azerbaijani city of Yevlakh between Azerbaijan and representatives of the Republic of Artsakh, as the Karabakh Armenians call themselves. He said the region's ethnic Armenians would enjoy full educational, cultural and religious rights. An aide to Aliyev said Baku had given Yerevan a new draft peace agreement, Russia's RIA news agency reported.
Persons: Pashinyan, GORIS, David Babayan, Samvel Shahramanyan, Babayan, Ilham Aliyev, Melkumyan, Stringer, Aliyev, Nikol Pashinyan, Khankendi, Gayane Sargsyan, Felix Light, Guy Faulconbridge, Nailia Bagirova, Mark Trevelyan Organizations: Azerbaijan reclaims, Protesters, Reuters, National Assembly of, REUTERS, Karabakh, Authorities, Thomson Locations: Azerbaijan, Karabakh, Armenia, Nagorno, Karabakh's, Azerbaijani, Yevlakh, Republic of Artsakh, Artsakh, Soviet Union, AZERBAIJAN, ARMENIA, Caucasus, Baku, Yerevan, Russia, Moscow, Stepanakert, Goris
Two people have died from the virus, he said in a statement Wednesday, the state’s fourth outbreak since 2018. Residents fix a sign reading, "Nipah containment zone," in the Kozhikode district of Kerala, India, on September 13. Multiple outbreaks in KeralaKerala experienced a deadly outbreak of the Nipah virus in 2018, killing 17 people and causing widespread panic in the state. Nipah virus was first identified during a 1998-1999 outbreak in Malaysia, where nearly 300 people were infected and more than 100 died, according to the CDC. Human-to-human transmission of the Nipah virus has also been reported.
Persons: Pinarayi Vijayan, , ” Vijayan, Stringer, Veena George, Organizations: CNN, World Health Organization, WHO, US Centers for Disease Control, Reuters, CDC Locations: India, state’s Kozhikode, Kozhikode, Kerala, Kerala Kerala, Malaysia, Kampung Sungai Nipah, Bangladesh
Michael Wayland / CNBCDETROIT – Many on Wall Street view potential strikes by United Auto Workers against the Detroit automakers as largely manageable – even seeing investment opportunities. Using Ford, which has the most UAW employees at 57,000, as an example, RBC estimated margin impacts for 10% and 20% raises for union workers would be 0.39% and 0.79%, respectively. watch nowWhat "matters most" is the duration of a potential strike, Jefferies analyst Philippe Houchois said. Simultaneous national strikes against the Detroit automakers, which the UAW has alluded to doing, would be unprecedented. He estimates labor costs only account for around 4% of the global revenues for the Detroit automakers.
Persons: Michael Wayland, Tom Narayan, Jefferies, Philippe Houchois, Morgan Stanley, Adam Jonas, Jonas Organizations: United Auto Workers, General Motors, Hamtramck Assembly, CNBC DETROIT –, Detroit automakers, Motors, Ford Motor, RBC Capital, Ford, UAW, RBC, GM Locations: Detroit, Hamtramck, U.S
TSLA GM,F 1M line General Motors also struck a similar deal with Tesla earlier this month. "By opening the charging infrastructure, that alleviates the main concern in the U.S., which is range anxiety. The de facto plug standard Narayan also said that such collaborations with Tesla could set a new standard in the automobile industry. Analysts have also suggested that any costs incurred by the carmakers for transitioning to Tesla's North American Charging Standard (NACS) plug standard will likely be immaterial, given the stakes. Since Nov. 2021, Tesla has opened its supercharger network in Europe, Australia, and China to non-Tesla vehicles.
Persons: Tesla, Tom Narayan, Ford, they're, Narayan, it's, Alex Vrabel, Mercedes Organizations: Chrysler, Peugeot, Maserati, RBC, Ford, General Motors, Detroit, GM, Motors, Tesla, CNBC, Toyota, Honda Civic, of, Global, BMW, Volkswagen Locations: U.S, United States, Europe, Australia, China
And while electric cars get all the hype, a game-changing solution to getting around without warming the planet has flourished right under our noses. Electric cars are important, too, but they're expensive and far off for a lot of drivers, MacArthur said. The most popular electric vehicles in the US don't have a Tesla logoWhile electric cars get all the attention, e-bikes have for years been the best-selling electric vehicles in the US. Last year, Americans bought just over 800,000 electric cars, according to Kelley Blue Book, a record. Since e-bikes are much cheaper than electric cars, "you can get them into the hands of consumers faster," she said.
Tesla shares sink as Musk signals more price cuts ahead
  + stars: | 2023-04-20 | by ( ) www.reuters.com   time to read: +2 min
Tesla shares were trading at $168 before the bell, with at least 15 analysts lowering their price targets on the stock. "Facing a volatile macroeconomic backdrop and weakening demand, Tesla continues to prioritize units over near-term profits," said analysts at Canaccord Genuity. Musk suggested more cuts ahead, saying the company that has cut slashed prices six times so far this year will put sales growth ahead of profit in a weak economy. "Long-term we believe this (Tesla's price cuts) is the right strategy and leverages their cost leadership position. U.S. automakers ranging from Ford Motor Co (F.N) to startups such as Lucid Group Inc (LCID.O) fell between 0.7% and 2.8%.
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