Good morning! It’s Friday, April 19, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. 1st Gear: Tesla’s Stock Is In Freefall It has been an absolutely dismal year for Tesla’s stock price … Read more
Elon Musk is good at two things: having a lot of kids and pissing people off. Now, the Tesla CEO is angering his investors after he sent out an extremely vague social media post following a report from Reuters that the planned $25,000 Tesla is dead. He basically accused the outlet of “lying” on his social … Read more
And some legal experts worry that if the judge goes out of his way to punish the former president with that worst-case scenario, it could make it easier for courts to wipe out companies in the future. Former US President Donald Trump at New York State Supreme Court in Manhattan on January 11. Photo: AP … Read more
With Zara-owner Inditex and H&M set to disclose their most recent sales results, investors will be focused on one major question: how are the two fast-fashion pioneers responding to the current market leader, Shein? Shein has a huge valuation and is primed for an IPO. With sales almost entirely online, the retailer generated about $23 … Read more
