Elon Musk Unveils Tesla Cybertruck at Austin Deliveries Event

Tesla CEO Elon Musk stole the show when he unveiled details about the company’s innovative Cybertruck in Austin, Texas, just a day after his eccentric appearance at the DealBook Summit in New York where he claimed, “It will be the biggest product launch of anything by far on Earth this year.” In a dimly lit …

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Ford’s Michigan EV Battery Plant: Why the Company is Scaling Back Operations

Ford Motor Company is scaling back its $3.5 billion battery plant plans in Michigan as the shift to electric vehicles is slower than expected. This is partly due to rising labor costs and efforts to cut expenses. The decision comes after initial announcements in February to partner with Chinese battery manufacturer Contemporary Amperex Technology Co., …

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Real-Time Stock Market Updates: Stay Informed on Today’s Market Trends

A trader works on the floor of the New York Stock Exchange. NYSE Stocks rally as Federal Reserve keeps interest rates unchanged, providing optimism for the rest of the year After a challenging few months, the stock market made a comeback on Wednesday following the Federal Reserve’s decision to maintain its current interest rate. Investors …

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Breaking News: Canadian Auto Union Launches Nationwide Strike at Stellantis

After reaching a tentative agreement on Saturday with the United Auto Workers union, Stellantis, the parent company of Chrysler, is now facing a national labor strike in Canada. The new strikes in the Canadian province of Ontario are impacting two assembly plants that produce the Chrysler 300 sedan, Pacifica minivan, Dodge Challenger, and Charger muscle …

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UAW-Ford Agreement Reveals $8.1B Investment and Exciting $5,000 Ratification Bonus!

Local United Auto Workers union leaders approved a tentative agreement with Ford that includes $8.1 billion in new plant investments and $5,000 ratification bonuses. The 4 ½-year tentative agreement will now be presented to 57,000 UAW-Ford members for regional informational meetings and voting. The agreement was reached after targeted strikes against Ford, General Motors, and …

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DOJ Files Lawsuit Against eBay Over ‘Rolling Coal’ Devices, Potential $2 Billion Fines at Stake

F-450 coal rolling Courtesy: Salvatore Arnone | Wikipedia CC Ebay could potentially face fines of up to $2 billion for allegedly enabling the sale of “rolling coal” pollution devices and other products that violate environmental laws on its platform. Rolling coal refers to the modification of a vehicle’s engine to emit excessive amounts of soot …

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Musk Pressured to Invest in Ads as Tesla Price Reductions Cost Billions

A Tesla Model X with its doors open is showcased in a showroom. Gary Black, a fund manager from Chicago, has been a strong supporter of electric-vehicle giant Tesla for some time now. However, he believes that Tesla is wasting money on price cuts in order to maintain high growth rates. Black argues that Elon …

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