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Tesla production and supply chain hit by China lockdown
... Inc's nearly two-year long run of record quarterly deliveries. Elon Musk is pursuing the acquisition of Twitter Inc ., his crown jewel , Tesla, which has struggled with production glitches in China and slow output growth at new factories in Texas and Berlin. According to Refinitiv, analysts expect Tesla to report deliveries of 295,078 vehicles for the second quarter as early as Friday. Due to China's prolonged lockdown, analysts have slashed their estimates further to 250,000. This would be down from ...
Updated: 07/01/2022
New orders fall in German manufacturing darkening outlook - survey
A fall in new orders weighed on German manufacturing activity in June, darkening the outlook for Europe's largest economy, a survey showed on Friday. BERLIN Reuters - A fall in new orders weighed on German manufacturing activity in June, darkening the outlook for Europe's largest economy, a survey showed on Friday. S&P Global's final Purchasing Managers' Index PMI for manufacturing, which accounts ...
Updated: 07/01/2022
Belarus, Russia blame West for putting up Iron Curtain
... descended over the continent, in reference to the establishment of socialist governments in territories liberated by the Red Army in eastern Europe. Western historiography believes that the original Iron Curtain was destroyed in 1989, the fall of the Berlin Wall and the reunification of Germany in 1989, and the collapse of the USSR two years later.
Updated: 06/30/2022
ICLEI Action Fund 2.0 announces new round of grants made by Google
A 7 million euros fund made possible by Google.org is available for projects in Barcelona Spain Berlin Germany Glasgow United Kingdom Helsinki Finland Malm Sweden Rome Italy Rotterdam A 7 million EUR fund made possible by Google.org is available for projects in Barcelona Spain Berlin Germany Glasgow United Kingdom Helsinki Finland Malm Sweden ...
Updated: 06/30/2022
Russian Space agency publishes coordinates of Western decision-making centers
... a post on social media. We are providing coordinates for the sites. The coordinates were the not-secret locations of the White House and Pentagon in the US, No. The 10 Downing Street in London, the Lys e Palace in Paris, the German Chancellery in Berlin and NATO 's own headquarters in Brussels are some of the most important buildings in the city. During the NATO summit in Madrid this week, members of the organization will adopt a new Strategic Concept of the Alliance, which is expected to identify ...
Updated: 06/30/2022
Wall Street analysts still taking down Tesla’s second quarter delivery estimates
... higher exposure to the Shanghai China region, according to Goldman Sachs analyst Mark Delaney. Delaney notes that the bank had lowered its Q 2 delivery estimates back at the end of May due to the Shanghai shutdown and Tesla's start-up costs for Giga Berlin and Giga Austin . Delaney believes that there is downside risk to Goldman 's 261 K delivery assumption for 2 Q, given recent company comments on challenges ramping in Texas and Berlin, and deliveries could be about the same as per buy-side consensus ...
Updated: 06/30/2022
Tesla expected to end record quarterly deliveries as China lockdown hits production
... of its reliance on China. While Tesla Chief Executive Elon Musk has been pursuing the acquisition of Twitter Inc ., his crown jewel , Tesla, has struggled with production glitches in China and slow production growth at new factories in Texas and Berlin. According to Refinitiv data, analysts expect Tesla to report deliveries of 295,078 vehicles for the second quarter as early as Friday. Several analysts have slashed their estimates further to 260,000 due to China's prolonged lockdown. This would ...
Updated: 06/30/2022
Germany to hire foreign workers to relieve airport shortages
Berlin, Germany - A German Interior Ministry spokeswoman said the country is trying to hire foreign workers as quickly as possible, in order to relieve airports overwhelmed by staff shortages during the busy summer travel season. BERLIN, Germany - A ...
Updated: 06/30/2022
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