Tupperware, a well-known kitchenware company that has been a staple in food storage for decades, has officially filed for bankruptcy. Despite numerous efforts to sustain […]
Tag: Competition
Stellantis Expands Engineering Team in Brazil and India to Counter Cost Pressures
Stellantis, in response to competition from lower-cost Chinese electric vehicles and reduced demand, is strategically recruiting engineers in Brazil and India. The company aims to […]
Tesla Shifts Away from One-Piece Gigacasting: Cost-Cutting Measures Amidst Self-Driving Focus
Tesla has decided against pursuing its plan for one-piece gigacasting, choosing instead to maintain its current method of casting vehicle underbodies in three separate parts: […]
Tesla’s Strategic Move: Partnering with Baidu for Self-Driving Approval in China
Tesla is set to collaborate with Baidu to secure approval for its self-driving technology in China. Sources indicate that Tesla is set to collaborate with […]
Apple’s Market Share Declines in China Amidst Intense Smartphone Competition
In the first quarter of 2024, Apple experienced a decline in its market share in China, with its shipments dropping by 6.6%. Revenue from iPhone […]
Turbulence at Tesla: Job Cuts, Executive Departures, and Strategic Shifts Shake EV Giant
Tesla’s premarket shares dropped by 2.35% after confirming substantial job cuts and the departure of key executives. The electric vehicle (EV) giant disclosed plans to […]
Tesla Cancels Highly Anticipated Affordable Car, Disappointing Investors’ Mass-Market Expectations: Reuters
Tesla has reportedly scrapped its long-awaited affordable car, a vehicle investors had anticipated to propel its expansion into the mass-market automotive sector, as per information […]
Tesla Cuts Production at China Factory Amidst Competition and Potential Next-Gen EV Preparations
Tesla, has scaled back its vehicle manufacturing at its Chinese plant due to sluggish electric vehicle sales and intense competition. At the beginning of this […]
DOJ Prepares Antitrust Lawsuit Against Apple Over iPhone Feature Access Restrictions
U.S. Department of Justice is reportedly preparing to sue Apple for alleged antitrust violations, with the announcement expected as early as tomorrow, Thursday. This action […]
Apple’s iPhone Sales Plummet by 24% in China: Navigating Challenges in the World’s Second-Largest Economy
Apple’s iPhone sales in China witness a 24% decline in the first six weeks of 2024, causing a drop to the fourth position in the […]
Tesla’s Strategic Incentives in China: Up to CNY 34,600 Savings, Discounts on Insurance, Paint Changes, and Special Financing for Model Y Purchases
Tesla has rolled out a series of incentives in China to bolster its competitiveness in the electric vehicle (EV) market. These incentives aim to entice […]