Musk says Tesla now in ‘delivery logistics hell’
The focus on Tesla Inc’s battle to ramp up production swung to concerns over logistics and distribution on Monday, after Chief Executive Officer Elon Musk acknowledged there were delivery bottlenecks and promised to swiftly iron out the delays.
High U.S. stock valuations hinge on inflation, interest rates
Investors are banking on tame inflation and interest rates to support U.S. stock prices and help counter any concerns over an anticipated slowdown in corporate earnings growth next year.
Musk says Tesla has gone from ‘production hell’ to ‘delivery logistics hell’
Tesla Inc’s Chief Executive Officer Elon Musk on Sunday acknowledged that the company was facing more logistical problems now than production delays, in response to a customer complaint on delivery delay.
Asian shares tripped up by new U.S. tariff threat
Most Asian share markets slipped on Monday amid reports Washington was about to announce a new round of tariffs on Chinese imports, setting the stage for possible reprisals by Beijing.
JD.com CEO to no longer attend China AI forum after allegation of rape
JD.com CEO Richard Liu will no longer attend a high-profile state-run tech forum in Shanghai this week – an absence that comes after he was arrested on suspicion of rape in the United States last month.
As its trading debut looms, China’s Meituan locked in battle of super-apps
(This version of the story corrects $100 million to $100 billion in 13th paragraph)
Oil prices ease as trade row clouds demand outlook
Global oil prices eased in early Asian trading on Monday on concerns that the United States is poised to impose additional tariffs on China, outweighing supply fears from upcoming sanctions on Iran.
Asian shares hobbled by new tariff threat
Asian share markets slipped on Monday amid reports Washington was about to announce a new round of tariffs on Chinese imports, setting the stage for possible reprisals by Beijing.
Meredith Corp to sell Time media brand to Marc and Lynne Benioff
Meredith Corp said on Sunday it entered into a definitive agreement to sell the Time media brand to Marc and Lynne Benioff for $190 million in cash.
Tesla to bring most collision repairs in-house: Musk
Tesla Inc is bringing most collision repairs in-house, Chief Executive Officer Elon Musk said in a tweet on Sunday, saying owners of the vehicles were experiencing excessive wait times at body shops.
