Tesla margins in focus as EV price war kicks into high gear

By Akash Sriram (Reuters) -Tesla Inc’s first-quarter margins are anticipated to have hit a more than three-year low as the electric-vehicle maker slashed prices to lure more buyers in the face of rising competition and a weak economy. The world’s most valuable automaker, which commands over half of the U.S. EV market, cut sticker prices…

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Argentina battles major dengue outbreak with atomic radiation

By Horacio Soria and Juan Carlos Bustamante BUENOS AIRES (Reuters) – Argentine, fighting one of its worst outbreaks of dengue in recent years, is sterilizing mosquitoes using radiation that alters their DNA before releasing them into the wild. The South American country has this year recorded over 41,000 cases of the disease transmitted by mosquitoes,…

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China’s electric car drive, led by BYD, leaves global brands behind

SHANGHAI (Reuters) -China’s auto market, the world’s largest, is accelerating toward an electric future – leaving established global brands stuck in the slow lane. When auto executives convene in Shanghai for the auto show starting Tuesday, they will return to a sharply different market from the one they left in 2021 when the industry gathered…

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Adobe to add generative AI tools into its video editing software

By Stephen Nellis (Reuters) – Adobe Inc on Monday said it plans to introduce new artificial intelligence (AI) features into its video editing software used by the film and television industries. The tools will let video editors do things like change the lighting in a shot from midday to sunset or generate background music just…

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Malaysia plans to set up second 5G network from next year -sources

(This April 16 story has been corrected to say “setbacks”, not “delays”, in paragraph 2) By Rozanna Latiff and Yantoultra Ngui KUALA LUMPUR/SINGAPORE (Reuters) – Malaysia plans to introduce a second 5G network from next year, four sources told Reuters, in the latest policy shake-up aimed at dismantling monopolies and promoting competition by Prime Minister…

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Netflix back up after outage during ‘Love is Blind’ livestream

(Reuters) -Streaming platform Netflix Inc’s services were restored after a brief outage late on Sunday during a live stream of the dating reality show, “Love is Blind”. The platform, which is looking to break into live television, apologized for the slip-up on Sunday after thousands complained on social media about issues watching the show. “We’re…

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Factbox-Tesla’s Shanghai plant, targeted by worker protest, is key hub for EV maker

(Reuters) – Workers from Tesla’s Shanghai factory have taken the unusual step of posting on social media to appeal to Elon Musk and the Chinese public after being told over the weekend that a performance bonus had been cut. Here are key facts about Tesla’s operation in Shanghai: BACKGROUND Tesla’s Shanghai plant, which began operations…

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VinFast ships 2nd batch of longer-range electric SUVs to North America

HANOI (Reuters) – Vietnam’s electric vehicle maker VinFast said on Monday it had shipped a second batch of 1,879 longer-range VF 8 sport utility vehicles (SUVs), as it seeks to expand its foothold in overseas markets. VinFast, which is backed by Vietnam’s largest conglomerate Vingroup JSC, in November dispatched a shipment of 999 of its…

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