Author name: fwadmin

Elon Musk’s carmaker predicts ‘slight growth’ in 2024 deliveries despite sluggish start to the year

The electric vehicle maker CEO urged patience, as Tesla focuses on both saving the world and building cars.

Companies stand to shed to talent after strict mandates.

The market downturn in Europe was caused by customers’ weaker purchasing power due to high interest rates and uncertainties over the pace of the transition to electric vehicles, Michelin said.

The French luxury group posted third-quarter revenue below analysts’ estimates and said it expects operating profit to nearly halve this year.

The toy company’s profit, however, is holding up due to stronger margins, helped by factors such as cost cuts, supply-chain improvements and lower input costs.