business finance
Tesla Launches Website to Boost Elon Musk’s Wealth by $55 Billion | Giga Gears
Elon Musk is filthy, stinking rich. Despite Tesla’s current troubles resulting in his net worth tumbling a few billion, he’s still the third richest person on the planet. Apparently that wealth isn’t enough for him or Tesla. Now, the company actually created a website to convince shareholders that their part-time CEO…
Tesla Stock Plummets 40% in Past Year, Losing $312B in Market Value | Giga Gears
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.
“Car Buying Nightmares and Blameless Automakers: QOTD Roundup | Giga Gears”
Some cars are just total pains in the ass to own. They could break down all the time, be impractical for daily life or any number of other headaches, but sometimes it’s worth it. Sometimes a car is so good to drive or nice to look at or historically significant that owners will look past the fact they are a mess in…
“High Costs of EVs Despite Discounts | Giga Gears”
Electric vehicles are seeing huge discounts right now, but those new lower prices are still not enough to get folks to, y’know, buy them. Now, an ever-more-bloated EV inventory is pushing automakers and dealers to slash prices even further. Five-figure price discounts are no longer out of the question.
“Get 3 Shares of Vinfast for $10 – Giga Gears”
Considering how bad our first experience with the VinFast VF8 was, it didn’t seem like the best idea for VinFast to go public. Then again, no one at Jalopnik is an investment expert, so maybe someone smarter was giving better advice we just couldn’t understand. Right out of the gate, it looked like we couldn’t…