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☆ Goldman Sachs favors Tesla and another big automaker even during an economic slowdown
▼ + stars: | 2022-10-13 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

Goldman Sachs raised its forecasts for electric car sales and believes Tesla and General Motors will benefit from the trend. The Inflation Reduction Act , signed by President Joe Biden in August, will benefit carmakers such as Tesla and GM with $7,500 worth of tax credits per car, according to Goldman. Goldman said it now expects Tesla to make 2.4 million cars worldwide in 2024, up from its previous forecast of 2.275 million. According to the report, the tax credits will also benefit GM and Ford , although only "slightly." Housing sales figures, which are also strongly correlated to vehicle sales, point toward a gloomy picture , according to Goldman.

☆ Kathie Lee Gifford doesn’t plan to read Kelly Ripa’s book
▼ + stars: | 2022-10-11 | by ( Lisa Respers France | ) edition.cnn.com time to read: +2 min

CNN —Kathie Lee Gifford says she’s going to pass on reading Kelly Ripa’s new book. Ripa became co-host of “Live With Regis and Kelly” in 2000, after Gifford left the longtime morning show. In her new book, “Live Wire: Long -Winded Short Stories, Ripa writes about her complicated relationship with her former co-host Regis Philbin, who died of natural causes at the age of 88 in 2020. I haven’t read it,” Gifford said during her “Good Day New York” appearance on Monday. But it was also not fair to me.”Gifford said she was “very sorry” to read the headlines about what Ripa had to say about Philbin.

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