Tesla has fired its entire 40-person “growth content” ad team as part of its recent massive round of layoffs. The ad team had been part of Tesla’s push to increase traditional advertising. Since Tesla’s very beginning, the company has shied away from traditional advertising methods to sell its cars. Tesla still had marketing spend – events
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More automakers are offering steep discounts on electric vehicle models. Kia and Genesis are two of the latest to slash EV prices with generous deals. The Kia EV9 and several Genesis EVs are now $7,500 off with new discount offers. Kia and Genesis are offering significant EV discounts Genesis is rapidly expanding in the US,
The government’s Rwanda bill will finally become law after the Lords decided there would be no further amendments in a late-night session. For weeks, peers have been pushing back on the scheme – which seeks to deport asylum seekers arriving in the UK via small boats to the African nation – and trying to get
Tesla’s quarterly revenue has dropped for the first time in almost four years, according to financial result filings, demonstrating why the electric carmaker is cutting prices further along with its cost base. The company, founded and run by Elon Musk, reported revenues of $23.3bn over the first three months of the year, its first quarter.
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk speaks onstage during The New York Times Dealbook Summit 2023 at Jazz at Lincoln Center on November 29, 2023 in New York City. Slaven Vlasic | Getty Images Tesla shares fell for a seventh straight day, reaching their lowest since January 2023, as
Magic Eden coders gathered in an Airbnb in San Jose, California, to hack in preparation for the so-called bitcoin halving. Amil Husain In the East Foothills of San Jose, California, 17 coders working for the popular ordinals marketplace maker, Magic Eden, piled into a 4-bedroom, 3,875 square-foot house rented on Airbnb. Their goal was to
Elon Musk was described as a “pigeon CEO”: “he comes, shits all over us, and goes”, said a former Tesla employee. Now, the CEO is signaling a focus on Tesla. Musk has always been an interesting case of a CEO as he has been both CEO of Tesla and SpaceX, two major companies, for nearly
Indian Prime Minister Narendra Modi is facing a widespread backlash after referring to Muslims as “infiltrators” during a campaign speech over the weekend. Congress, the main opposition party to Mr Modi’s Bharatiya Janata Party (BJP), on Monday reported the prime minister’s “deeply objectionable” comments to the Election Commission, saying they violated electoral law. The comments
Tesla has the lowest maintenance and repair cost of any brand, according to a new study by Consumer Reports. For years, Tesla and a few other all-electric brands have been claiming that electric vehicles will have much lower repair and maintenance costs due to having much fewer moving parts than combustion engine vehicles. There are
The cheapest 2024 Ford F-150 Lightning trim is no longer available for orders, at least for retail customers. Ford cuts cheapest F-150 Lightning trim in 2024 After opening orders for the 2024 F-150 Lightning last week, Ford announced the electric pickup was shipping from its Rouge Electric Vehicle plant. Although Ford revealed lower prices on
The state of UK roads is “miserable”, a motoring services chief has said, as vehicle breakdowns rose by 9% in the last year due to potholes, new figures have suggested. The RAC reported some 27,205 callouts to breakdowns due to poor road surfaces received in the year to the end of March. That compares to
As the first of Donald Trump’s four criminal trials begins this week, will it have any effect on his chances of re-election in November? The former president faces 34 counts of falsifying business records in connection to $130,000 paid to porn star Stormy Daniels. He is accused of falsifying internal business records as part of
Travellers have been warned of possible delays after a power outage grounded all flights at Liverpool John Lennon Airport. The airport said engineers “have resolved the earlier Air Traffic Control power issue”, but there may still be delays to flights. Aircraft operations have now resumed at the airport in Liverpool. Follow Sky News on WhatsApp
Former US president Donald Trump has said it is a “very sad day in America” as he spoke before heading into court for his historic hush money trial. Trump said his trial is an example of “election interference”, describing it as “very unfair”. “People understand what’s going on,” he said, describing the trial as a
A dog who went missing in Australia for more than a fortnight has been reunited with his owners in the UK. Jason Whatnall and his partner Nick Rowlands recently visited Jason’s home state of Victoria, Australia, with their dog Milo. But when they were about to fly home to Swansea, the Jack Russell Terrier cross
Nicolas Economou | Nurphoto | Getty Images Bitcoin rose slightly to start the week after the network on Friday completed its fourth ever halving, which reduces the incentives paid to bitcoin miners. The price of the cryptocurrency was last higher by 1.8% at $65,891.28, according to Coin Metrics. Ether rose 1.5% to $3,198.06. Shares of
A Mercedes car has crashed through the wall of a primary school before stopping in a classroom. Police were called to The Beacon Primary School in Everton, Liverpool, at about 8.30am on Monday after reports of the crash. A spokesman for Merseyside Police said no children were present in the area at the time of
Pedestrians walking past a Tesla store in Shanghai, China, on March 14, 2024. CostFoto | Nurphoto | Getty Images Tesla shares sank in premarket trading on Monday, while China’s Li Auto plummeted to an 11-month low, after both companies slashed prices of their electric vehicles in various markets amid intense competition. U.S. EV giant Tesla
WASHINGTON, DC – JULY 25: U.S. Secretary of Commerce Gina Raimondo listens as U.S. President Joe Biden participates virtually in a meeting on the Creating Helpful Incentives to Produce Semiconductors (CHIPS) for America Act, in the South Court Auditorium at the White House on July 25, 2022 in Washington, DC. Anna Moneymaker | Getty Images
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT “There are a lot of people coming into the middle class, and I really feel that India is at a tipping point, and it’s great to be there,” Apple CEO Tim Cook said in May last year. His comments underscore one reason Apple has recently
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