business finance
Southwest Airlines Ends Open Seating Policy | Giga Gears
Southwest Airlines is about to start assigning seats on flights and sell some with extra legroom. The changes are being made in an effort to appeal to more passengers who skip it for other airlines like Delta, United and American. Additionally, the plan will serve as a way to fend off an activist investor who is…
Elon Musk’s Plan to Use Tesla Funds for xAI Bailout | Giga Gears
Elon Musk loves pressing his luck when it comes to what he can get his Tesla shareholders to do. Just a few weeks after he got them to approve a $56 billion pay package, he’s apparently asking them to indirectly bail out the investors of his social media company, X (Twitter, baby).
Stellantis Faces Major Challenges After Disastrous First Half of 2024
Good morning! It’s Friday, July 26, 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.
“Top Sports Cars, Automakers, and Outdated Laws: QOTD Roundup | Giga Gears”
There are very few automakers out there that have been all killer, no filler throughout their history. Whether it’s a near miss like the Ferrari Mondial or a massive let down like the Alfa Romeo Arna, the world’s greatest car companies have all made a bad car at least once, right? - Owen Bellwood Read More
“Tesla’s Q2 Profit Boosted by Taxpayer Contributions | Giga Gears”
Tesla did not have a good second quarter for 2024, and it could have been a whole lot worse had it not been for the U.S. government. Sure, profits fell 45 percent during the time period, but Tesla benefitted from one very important weapon for improving an income statement: regulatory credits.