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CNN Early Start With Christine Romans June 4, 2024 10:52:00 - Vimarsana News

CNN Early Start With Christine Romans June 4, 2024 10:52:00

This hour moving a little bit higher here. stocks finishing flat. ibm is the latest tech giant to slash jobs set to eliminate 3900 jobs. key gdp data due out later this morning. the u.s. economy expected to have expanded by a little more than 2 1/2 percent. weekly jobless claims set to be released at the same time. on inflation watch, gas prices pennies. >> let's bring in dan ives from wedbush. big report from the ev maker. bouncing back. you were on the earnings call yesterday. what stood out to you? >> look, this is tesla's super bowl in terms of what's been a dark few months for musk as w...

Tesla reports $24.3 bn Q4 revenue, expects to boost EV deliveries by 37 % - Vimarsana News

Tesla reports $24.3 bn Q4 revenue, expects to boost EV deliveries by 37 %

The electric car maker, Tesla reported $24.32 billion revenue earned during October-December quarter in 2022. Now, the company is expected to increase vehicle deliveries by 37% this year to 1.8 million vehicles

Chinese EV maker BYD to build Vietnam component plant; investment to exceed US$250 million - Vimarsana News

Chinese EV maker BYD to build Vietnam component plant; investment to exceed US$250 million

Chinese electric vehicle (EV) maker BYD Auto Co plans to build a plant in Vietnam to produce car parts, three people with knowledge of the plan told Reuters, in a move that would reduce the company's reliance on China.

Tesla to produce simpler car model in Shanghai - Vimarsana News

Tesla to produce simpler car model in Shanghai

Tesla is developing a revamped version of Model 3 as the top EV maker aims to cut production costs and boost the appeal of the five-year-old electric sedan, Reuters reported Tuesday.

Vehicle Maker Electric Last Mile Files For Bankruptcy - Vimarsana News

Vehicle Maker Electric Last Mile Files For Bankruptcy

Electric Last Mile Solutions (ELMS), a commercial electric vehicle (EV) company, has announced that it plans on filing for Chapter 7 bankruptcy less than a year after it went public through a merger with a special purpose acquisition company (SPAC).