Tesla increases revenue by 42%, but automotive margins drop
July 22, 2022: -Automotive gross margin came in at 27.9%, down from 32.9% last quarter and 28.4% a year ago, influenced …
Month: July 2022
Inflation in Sri Lanka will reach 70%, says the central banker
July 22, 2022: -Inflation in Sri Lanka will peak at about 70% more in the next two months before it starts to moderate in …
A nuclear power plant lowers output watching fish
July 21, 2022: -A nuclear energy plant in Switzerland is reducing its output to prevent the river that cools it from …
Mortgage demand declined to a 22-year down as increased interest rates and inflation pressured consumers
July 21, 2022: -The mortgage market pain only deepens as the increasing interest rates and inflation …
BHP is entering Rio to signal pain from labor crunch and inflation
July 20, 2022: -On Tuesday, BHP Group entered rival Rio Tinto in cautioning that a tight labor market, supply-chain snags …
Temperatures reach 104.4 Fahrenheit in the UK, the hottest ever
July 20, 2022: -On Tuesday, Britain recorded its hottest-ever day, with temperatures hitting a high of 40.2 degrees …
Ford discloses a unique F-150 Raptor R pickup with 700 hp
July 19, 2022: -As Ford Motor ramps its electric F-150 pickup production, it’s not giving up on delivering new, highly …
Delta purchased 100 Boeing Max planes, its important initial order
July 19, 2022: -Delta Air Lines is purchasing 100 Boeing 737 Max 10 planes, its preferably important order for current …
An upcoming copper shortage could derail the energy transition
July 18, 2022: -An all-electric hereafter depends heavily on copper, and threatening supply shortfalls could …
Hyundai reveals the latest Ioniq 6 EV, an ‘electrified streamliner’
July 18, 2022: -The most recent electric vehicle from Hyundai Motor is a sedan with a unique bubbly …