Tesla set to reduce Shanghai output in sign of sluggish demand
Tesla Inc. plans to lower production at its Shanghai factory, according to people familiar with the matter, in the latest sign demand in China isn't living up to expectations......»»

Congress reintroduces bill to stop surge of catalytic converter thefts
The legislation aims to reduce catalytic converter thefts by requiring new vehicles to have the VIN stamped onto the converter, allowing law enforcement officers to link stolen parts to the originating vehicles......»»
GM hires former Tesla exec to head mergers and acquisitions
The automaker's newest vice president, Zach Kirkman, spent six years at Tesla and six years at Apple prior to that......»»
U.S. seeks Tesla driver-assist documents
NHTSA is seeking Tesla driver-assist documents as the automaker is under criminal investigation over claims its EVs could drive themselves......»»
Sling is now 50% off — stream live sports without cable
Sign up to Sling today and save 50% off the usual price. We've got all the insight into which plan will work for you......»»
Tesla tells investors it’s being investigated by the Justice Department
The carmaker's 10-K confirms reports from 2022 that the feds are unhappy. Enlarge (credit: Aurich Lawson | Tesla | Airplane!) Tesla filed its annual 10-K report with the Securities and Exchange Commission on Monday nigh.....»»
Best SSD and RAM deals to boost your PC’s performance
Get more PC power without having to buy a new PC One of the easiest and cheapest ways to get more life out of your existing laptop or desktop is by upgrading your system’s memory and storage. If your PC is sluggish, adding more RA.....»»
VW will not match Tesla price cuts for its EVs, CEO Blume says
VW aims to become a global leader in EVs through profitable growth, not discounting, CEO Oliver Blume tolda German newspaper......»»
Samsung profits sink to 8-year low as smartphone and PC demand drops
Samsung's quarterly profits have plunged to their lowest level in eight years as customers snapped up fewer cell phones and laptops......»»
China CIS suppliers stepping up deployment in automotive sector
In the face of still-sluggish demand for consumer electronics, China-based CMOS image sensor (CIS) manufacturers are turning their attention to the automotive sector, according to industry sources......»»
Samsung"s operating profit drops 70%, sales for foundry service breaks record
Due to a weak economy that leads to low demand for electronics, Samsung Electronics posted a sharp fall in its operating profit and expects the business environment to improve in the second half of 2023......»»
Nissan, Renault reach consensus on alliance restructuring
After a long negotiation, Nissan Motor is finally on an equal footing with Renault in their alliance. The latter has agreed to significantly reduce its stake in the Japanese automaker. In return, Nissan will invest in Renault's new EV business, Amper.....»»
China LiDAR startup plans US listing
Shanghai-based LiDAR startup Hesai Technology is looking to raise an estimated US$150 million via a US IPO, according to industry sources......»»
Auto chips retain importance in global IC market in 2023
In 2023, automotive chips will continue to play an important role in global semiconductor trade, but both mainstream automakers and EV startups are making a strategic turnaround due to their different demand scales, yet with a common goal to consolid.....»»
GMC Hummer SUV, Canyon pickup output begins
Deliveries of both trucks will start by the end of March, GMC officials said Monday......»»
U.S. lender Citizens stepping back from auto loans
Citizens cut back on auto lending last year and plans to reduce its auto loans further this year......»»
Battle of the Blocks: Here’s how the new Mac mini stacks up against the Mac Studio
Apple’s next-generation Mac mini with the M2 or new M2 Pro chip is here. It’s got more powerful CPUs and GPUs, up to 32GB RAM, up to 3 external displays, 8K output via HDMI, WiFi 6E, and the base models are even more affordable. The new deskto.....»»
If you want a second-gen HomePod on launch day, you’re running out of options
The second-generation HomePod was announced just under two weeks ago, and there’s seemingly some pent-up demand for the product. According to the Apple Store Online, if you order a second-generation HomePod today, it might not arrive until the fir.....»»
Nokia, Samsung Sign Agreement for 5G Patents
The Finnish company recently announced that it has signed a cross-license patent agreement with Samsung. The post Nokia, Samsung Sign Agreement for 5G Patents first appeared on Phandroid. Besides smartphones, Nokia is probably better known.....»»
More layoffs in the tech industry as Spotify announces restructuring
Businesses have been announcing significant redundancies left and right as an indication that the economy is still struggling. Spotify is the most recent company to reduce its employment; it stated that it intends to do so by about 6%.In a message po.....»»
The Auckland floods are a sign of things to come: The city needs stormwater systems fit for climate change
The extraordinary flood event Auckland experienced on the night of January 27, the eve of the city's anniversary weekend, was caused by rainfall that was literally off the chart......»»