Auto Industry

Reuters

Oct 27, 2022, 1:29 PM

Kremlin Welcomes Elon Musk Proposal For Ukraine Settlement Denounced By Kyiv

The Kremlin praised Tesla boss Elon Musk for suggesting a possible peace deal to end the war in Ukraine.

1 Min

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  Reuters | Oct 27, 2022

  Tesla's Logistical Challenges Overshadow Record Deliveries

  Tesla Inc on Sunday announced lower-than-expected electric vehicle deliveries in the third quarter, as logistical challenges overshadowed its record deliveries.

  4 mins read
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  Reuters | Oct 27, 2022

  Tesla's Robot Waves But Can't Walk, Yet; Musk Plans To Make Millions Of Them

  Musk showed off a prototype of its humanoid robot 'Optimus', predicting the electric vehicle maker would be able to produce millions.

  5 mins read
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  Reuters | Oct 27, 2022

  Biden Says U.S. Willing To Continue Talks With S.Korea On EV Subsidy

  President Joe Biden has expressed willingness to continue talks with South Korea over recent U.S. legislation that denies subsidies to most foreign makers of electric vehicles.

  1 min read
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  Reuters | Oct 27, 2022

  Indian Refiners Scout For Oil Deals Ahead Of EU Ban On Russian Crude

  Indian state refiners plan to lock-in more of their crude supplies in term deals, worried that tighter Western sanctions on Russia.

  3 mins read
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  Reuters | Oct 27, 2022

  Foxconn Shares Rise After Offering Cautiously Optimistic Q4 Outlook

  Foxconn's shares rose 3% after the company said it was "cautiously optimistic" about its fourth-quarter revenue outlook.

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  Reuters | Oct 27, 2022

  Stellantis Boss Expects Chip Supply To Remain 'Complicated' Until End 2023

  Tavares expects the semiconductor supply chain to remain tight until the end of next year.

  1 min read
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  Reuters | Oct 27, 2022

  Oil Prices Inch Lower Ahead Of OPEC+ Talks On Supply Cut

  Oil prices moderated very slightly after gaining more than 3% in the previous session ahead of a meeting of OPEC+ producers to discuss a big cut in crude output.

  2 mins read
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  Reuters | Oct 27, 2022

  Intel's Mobileye files for listing in first sign of thawing tech IPO market

  Mobileye, which confidentially filed for its IPO earlier this year, reported first-half revenue of $854 million, a 21% jump from the year-ago period, according to its IPO filing. In 2021, Mobileye posted $1.4 billion of revenue.

  2 mins read