Tesla releases fix to address recall of 40,000 US vehicles

Tesla releases fix to address recall of 40,000 US vehicles

Tesla is not aware of any injuries related to the recall issue, the National Highway Traffic Safety Administration says. Photo: David Zalubowski/Associated Press Updated November 8, 2022 at 12:56 p.m. ET Tesla Inc. TSLA -2.35% has released a firmware update to address the voluntary recall of approximately 40,000 2017-2021 Model S and Model X vehicles … Read more

Foxconn plans to invest $170 million in EV truck maker Lordstown Motors

Foxconn plans to invest $170 million in EV truck maker Lordstown Motors

The two companies said Monday that Taipei-based Foxconn plans to spend $170 million to buy common stock and newly created preferred stock, giving Lordstown Motors a fresh injection of capital as it works to ramp up production of its debut model, the Endurance. In addition, Foxconn and Lordstown Motors said they would jointly develop their … Read more

Twitter’s free speech problem is also Tesla’s

Twitter’s free speech problem is also Tesla’s

Tesla TSLA -3.64% already had a treacherous line between China and US CEO Elon Musk has made it worse by buying Twitter. The electric car pioneer is very dependent on China. The world’s largest electric market accounted for about 24% of Tesla’s revenue in the first three quarters of this year, but the company’s greater … Read more

Twitter’s free speech problem is also Tesla’s

Twitter’s free speech problem is also Tesla’s

Tesla TSLA -3.64% already had a treacherous line between China and US CEO Elon Musk has made it worse by buying Twitter. The electric car pioneer is very dependent on China. The world’s largest electric market accounted for about 24% of Tesla’s revenue in the first three quarters of this year, but the company’s greater … Read more

Apple warns iPhone production disrupted by China’s Covid-19 restrictions

Apple warns iPhone production disrupted by China’s Covid-19 restrictions

The Cupertino, California-based tech giant said on Sunday that the Zhengzhou assembly plant is currently operating but at reduced capacity. “We now expect lower iPhone 14 Pro and iPhone 14 Pro Max shipments than we previously expected, and customers will experience longer wait times to receive their new products,” the company said. Last week, Apple … Read more

Frackers say oil production is slowing in the shale patch

Frackers say oil production is slowing in the shale patch

Despite a long streak of strong profits, shale companies are slowing their oilfield activity, keeping U.S. oil output roughly flat and offering little relief for tight global markets. What was expected to be a banner year for U.S. oil production has not materialized as creeping inflation-related costs, supply chain snarls and disappointing well performance for … Read more

The Ukraine war gives Turkey’s Erdogan an opportunity to expand his influence

The Ukraine war gives Turkey’s Erdogan an opportunity to expand his influence

ISTANBUL – Turkish President Recep Tayyip Erdogan is deepening his country’s military support for Ukraine while keeping an open line of communication with his Russian counterpart Vladimir Putin – a relationship that helped keep Ukrainian grain exports afloat this week – as he tries to expand Turkey’s role as a regional electricity broker. In recent … Read more

Russian Shelling Forces Ukraine’s Nuclear Power Plant to Run on Backup Generators

Russian Shelling Forces Ukraine’s Nuclear Power Plant to Run on Backup Generators

Ukraine said its Zaporizhzhia nuclear power plant has been disconnected from the power grid after Russian shelling damaged transmission lines and left the plant dependent on diesel generators, while Russian officials renewed their calls for civilians to evacuate the southern city of Kherson. Two remaining high-voltage transmission lines connecting the power plant to the Ukrainian … Read more

YouTube launches Streaming Service Store as competition intensifies for viewers

YouTube launches Streaming Service Store as competition intensifies for viewers

YouTube on Tuesday launched an online marketplace for streaming services with more than 30 offerings, another step in the Google unit’s bid to become a one-stop shop for video entertainment. The new feature, called Primetime Channels, will allow viewers in the US to subscribe to individual streaming services including Showtime, Paramount+ and Starz directly through … Read more

YouTube launches Streaming Service Store as competition intensifies for viewers

YouTube launches Streaming Service Store as competition intensifies for viewers

YouTube on Tuesday launched an online marketplace for streaming services with more than 30 offerings, another step in the Google unit’s bid to become a one-stop shop for video entertainment. The new feature, called Primetime Channels, will allow viewers in the US to subscribe to individual streaming services including Showtime, Paramount+ and Starz directly through … Read more