Business

Elon Musk loss of $182 billion in net worth sets a new world record

A new position can be added to Elon Musk’s resume: holder of a Guinness World Record. In a release that cited data from Forbes, the organization announced on Friday that Tesla’s “Technoking” made it into the record books thanks to a disastrous 2022 in which his fortune decreased by $182 billion. Although “the exact figure…

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Tesla makes China boss ‘Tom Zhu’ its highest-profile executive after Elon Musk

An internal posting of reporting lines reviewed by Reuters indicates that Tesla Inc.’s China chief Tom Zhu has been promoted to take charge of the electric carmaker’s US assembly plants and sales operations in North America and Europe. According to the Tesla (TSLA) posting, Zhu continued to hold the position of vice president for Greater…

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Tesla launches Steam game support for its newest car models

Steam-powered technology now powers Tesla’s most recent electric vehicle models. Naturally, what we mean by that is that the central consoles of the vehicles can now access and play thousands of games from Valve’s well-known Steam gaming platform. The new expansion, part of Tesla’s 2022.44.25.1 “occasion update,” is as of now just accessible on the…

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China Eastern receives the world’s first C919 jet made in China

On Friday, China Eastern Airlines received the world’s first C919, a narrow-body jet made in China, and the aircraft took off for a 15-minute flight to commemorate the historic event. According to the state-owned Xinhua News Agency, the plane, which competes with the single-aisle jet families of the Airbus A320neo and Boeing 737 MAX, is…

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GM and LG are spending $275 million to develop an EV battery factory in Tennessee

In order to boost production by more than forty percent, LG Energy Solution and General Motors will invest an additional $275 million in their Tennessee joint venture battery plant. Friday, the joint venture, which is called Ultium Cells LLC, said that the new investment comes on top of the $2.3 billion that was announced in…

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On December 23rd, Ferrari’s Vision hybrid race car debuts in “Gran Turismo 7”

Since 2013, the Gran Turismo Vision project has allowed some of the biggest automakers in the world, such as Mercedes-Benz and Jaguar, to envision what their vehicles may look like if there were no restrictions from the actual world. Gran Turismo 7 will release on December 23rd, according to an announcement made over the weekend…

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