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Tesla share price down 5% after unveiling Model Y SUV

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Tesla has also featured a cabin pre-conditioning system through a remote in their all-new SUV for customer facilitation. He apparently wanted to go with the Model E name instead of Model 3 but Ford (who also applied to trademark the Model E name) didn't like that idea. Read More »

Trump 2020 budget projects big deficits despite spending cuts

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While conservatives usually detest the use of this budget gimmick because it allows Congress to spend even more, he is suggesting we use it to assuage the fears of military spending hawks so it frees us up to fight to cut spending across the board without fear of collateral damage to the military. Read More »

Elon Musk Tweets Cause Tesla Investors To Sue, SEC Get Angry

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Cost savings from store closures will now be only about half the expected amount, Tesla said , as the company will shut half the number of stores it had originally planned. In order to support those retail locations, Tesla will raise prices by about 3 percent across the board. Overall, it will only be shuttering half as many stores as it was going to. Read More »

U.S. trade deficits hit record high following Trump tariff wars

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US President Donald Trump , the self-proclaimed Tariff Man, is set to become the $100 Billion Man. He owns it. So how's the trade deficit going? Apart from that, the Trump administration launched a full-scale trade war against China. In sum, his entire trade policy has failed and in fact been counterproductive. He has picked trade wars the world over, with friends and foes alike. Read More »

Ex-Boyfriend Of Dentist Preethi Reddy Died In 'Deliberate' Car Crash

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Dr Reddy's body was discovered inside a suitcase on Tuesday, days after she was reported missing. She was captured on CCTV inside a city McDonald's about 2.15am on Sunday and appeared to leave alone. The Sydney Morning Herald reported Preethi's friends as saying that she was firm on her decision to break-up with Harsh several years ago, but the latter did not accept it. Read More »

Huawei sues U.S. government over ban on its products

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Vodafone UK decided against using Chinese technology in the higher risk parts of its network more than five years ago, he added. At a global industry conference last month, executives like rotating chairman Guo Ping scolded the United States for politicizing global technology standards while touting the bevy of non-Western telecom operators that have signed up to buy Huawei. Read More »

New Tesla Superchargers Promise 50 Percent Faster Charging

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It's called the V3 Supercharger, and it can support up to 250kW per auto, from a cabinet that's rated at 1MW. Once operational, it allows an electric vehicle to recharge at up to 250kW, which translates to 1,000 miles per hour, or 75 miles of charge in just five minutes. Read More »

U.S. intends to end preferential trade treatment for Turkey

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In 2017, India's duty-free exports to the United States under the GSP were around $US5.6 billion (8 billion), or just over 11 per cent of the approximately $US48 billion of goods it exported to the USA that year. He added that India's concerns were regarding the affordability of medical devices and fair pricing. In April 2018, the U.S. initiated a review of GSP benefits on account of representations by dairy and medical industries. Read More »

China closing in on deal that may end most United States tariffs

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Asked during a congressional hearing last week whether a deal would see a lifting of USA tariffs, Robert Lighthizer, the China hawk now leading the talks with Beijing, would say only that was China's desire. U.S. and Chinese officials "have conducted fruitful and intensive consultations and made important progress on many issues of common concern", Zhang Yesui, a spokesman for the National People's Congress said in Beijing. Read More »

Lyft losses grow ahead of $25bn flotation

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At the same time, a letter from co-founders Logan Green and John Zimmer stressed that Lyft's mission was to "redesign our cities around people, not cars", by drawing riders into its ride-sharing vehicles where they can be "comforted by their driver's kind words", or find common ground on opposing political views. Read More »

Musk Changes Twitter Name After Row With SEC

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In addition to the announcement of the new low-priced Model 3 , the company also stated that it would be dropping costs of Models S and X as well. However, you'll now be able to return your new Tesla within seven days (or 1000 miles, whichever comes first) for a full refund if you're not happy with it. Read More »

SEC wants Elon Musk held in contempt of court over tweets

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The love, hate relationship between Tesla CEO Elon Musk and the SEC reached a new level Monday. The SEC's suit in September followed Musk's ill-fated bid to take Tesla private. The SEC and Tesla settled the lawsuit a month later in an agreement that left Tesla free from charges of fraud but which required Musk to step aside as the company's chairman and for him and Tesla to each pay a a $20 million fine. Read More »

Microsoft Employees Protest HoloLens Contract With US Army

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Now, dozens of the firm's employees have got together to send a letter to Satya Nadella and Brad Smith (President and Chief Legal Officer) to contest the US$480-million agreement. Later that year, Google suspended its plan to launch a censored search service in China under the project known as Gragonfly, after hundreds of employees openly called it out. Read More »

China customs testing Australian coal imports, reports of ban

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The Australian dollar recovered after falling more than 1 percent on Thursday, when Reuters reported the Chinese port of Dalian had banned imports of Australian coal indefinitely. They represented just 1.8 per cent of Australia's total global coal exports. Seeking to ease fears of a further rift in ties with China, Australia's Prime Minister Scott Morrison said on Friday there was nothing to suggest the move was out of the ordinary. Read More »

Tesla Model 3 loses Consumer Reports recommendation

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Despite reliability issues, Model 3 owners are still happy with the vehicle, placing the sedan among the top mpdels Consumer Reports' recent owner satisfaction survey. The sedan's fall from grace contributed to Tesla dropping to No. 19 in Consumer Reports' brand rankings, down 11 spots from a year ago and its lowest ever. Read More »