
S&P 500 futures are changed as Wall Street tries to regain footing
June 30, 2022: -Stock futures were mixed on Wednesday morning after the major averages failed at a bounce …
March 17, 2022: -Tesla has hiked the prices of its electric vehicles in the U.S. and China after CEO Elon Musk warned of inflation pressure on the business.
The company increased the prices of all its models in the U.S. A version of the Model 3 and the Model Y saw price hikes in China. It is the second increase within the previous week.
But Musk tweeted earlier this week saying that Tesla and his space exploration company SpaceX have experienced “significant recent inflation pressure in raw materials & logistics.”
Materials like nickel, a key component of electric vehicle batteries, are rising.
Meanwhile, a flare-up of Covid cases in China and lockdowns in a few cities have added a further challenge to already-stretched supply chains. Critical components such as semiconductors also remain in short supply.
On Tuesday, Tesla’s China website listed the starting price of the Model 3 Performance at 367,900 yuan. The South China Morning Post reported on March 10 the price was 349,900 yuan after an increase that day.
The Model Y Long Range in China now costs 375,900 yuan, up from the previous price of 357,900 yuan. The Model Y Performance is priced at 417,900 yuan, up from 397,900 yuan previously.
We provide the insights on leaders who are responsible for taking their organization to new heights, all the while bringing together a group of talented individuals.
June 30, 2022: -Stock futures were mixed on Wednesday morning after the major averages failed at a bounce …
June 30, 2022: -The Philippines’ incoming finance minister wants to get his county back on a growth path and tackle …
June 29, 2022: -One analyst alerted that the Group of 7 countries needs to brace for a total shutdown of Russian gas pipelines …
June 29, 2022: -On Tuesday, China cut the quarantine period for international travelers, a big step toward reducing Covid …
June 28, 2022: -On Sunday, some Taiwanese holders of Russian Eurobonds have not received interest which is meant to be …
June 28, 2022: -On Sunday, Russia joined its starting major foreign debt default for over a century after a grace time on …