Profits Down News Today

Tesla began reducing its workforce last month, initially targeting around 10 per cent of its 140,000 employees globally. This included high-profile positions such as Rebecca Tinucci, the head of EV charging, and her entire team of 500.

Last week, Antero Resources, which is 100% focused on the Marcellus/Utica with over 500,000 net acres under lease (and the largest M-U driller in West Virginia), issued its fourth quarter and full-year 2023 update, which we covered (see Antero 4Q – Production Up 6%, Profits Down 87%, 21 New Wells). While we picked up and