Tesla Model 3 Performance Eligible for $7,500 Tax Credit, Launches at $53K
Apr 25, 2024 04:17 am UTC| Technology Business
Tesla Inc. has unveiled a new $52,990 Performance model of its Model 3, eligible for full $7,500 federal EV tax credits. This introduces a more cost-effective option amidst Teslas current lineup. Teslas New $53K Model 3...
Chipotle Scraps Farmesa Fresh Eatery spinoff, Ghost Kitchen Cease Operations
Apr 25, 2024 04:12 am UTC| Business
Chipotle Mexican Grill will no longer pursue its Farmesa Fresh Eatery spinoff business as its partner, Kitchen United, shut down its ghost kitchens. The menu on the spinoff eatery mainly consists of customizable bowls....
Tesla Nears FSD Licensing Deal with Major Automaker, Hits 1.3 Billion Milestone
Apr 24, 2024 15:21 pm UTC| Technology Business
In Teslas latest quarterly update, CEO Elon Musk disclosed ongoing Full Self-Driving (FSD) licensing negotiations with a major automaker, noting the significant engagement from FSD users who have now surpassed 1.3 billion...
Mercedes Launches 2025 G-Class Electric with Four Motors and Revolutionary Tank Turns
Apr 24, 2024 14:25 pm UTC| Technology Business
Mercedes-Benz revealed the 2025 G-Class electric model, the G580 with EQ technology, in Beverly Hills. It boasts four motors and an innovative tank turn capability, setting a new benchmark in luxury electric...
Asahi Kasei to Build EV Battery Plant in Canada to Supply Key Parts to Honda Motor
Apr 24, 2024 10:03 am UTC| Business Technology
Asahi Kasei Corporation, a chemical company based in Japan, announced it will build a new production plant in Canada where it will make parts for electric vehicle batteries. The company will then supply critical materials...
SK Networks Sets Up AI Research Lab in Silicon Valley
Apr 24, 2024 09:42 am UTC| Business Technology
SK Networks established its own AI research center in the United States. The lab was inaugurated in Silicon Valley, California, on Tuesday, April 23. The site will become SK Networks AI base outside of South Korea. The...
Visa's Q2 Earnings Surpass Expectations, Fueled by Consumer Spending
Apr 24, 2024 09:39 am UTC| Business
Visas second-quarter results outpaced Wall Street forecasts on Tuesday, as robust consumer spending on travel and dining helped its shares climb 2.7% in after-hours trading. Despite fears over a slowing economy, US...
‘We have thousands of Modis’: the secret behind the BJP’s enduring success in India