It is a daily ritual for millions of Australians, but if you have noticed the price of your morning flat white or soy latte increase, brace yourself — it is likely to get worse.
By the end of the year,...
It is a daily ritual for millions of Australians, but if you have noticed the price of your morning flat white or soy latte increase, brace yourself — it is likely to get worse.
By the end of the year,...
Tesla, led by Elon Musk, has faced its largest revenue drop in over a decade due to skepticism from investors. The recall of Cybertrucks and layoffs at the Texas factory have contributed to a decline in stock prices. Despite this downturn, competition from other electric vehicle manufacturers and political shifts have also played a role. However, investors remain optimistic about Tesla's Robotaxi announcement and the company's reputation for innovation.
Tesla, once the electric vehicle giant, is facing difficulties. Its stock has fallen significantly due to slower sales growth, increased competition, and production issues. The company's aggressive price cuts and workforce reduction show financial pressure. Despite promises of future innovations, analysts remain skeptical, and over 60% now recommend caution or selling Tesla shares.
Alibaba regains market dominance as China's e-commerce expands, predicts co-founder Joe Tsai. Chinese companies like Temu, Shein, and TikTok's U.S. success raises concerns for Alibaba, who opts for caution and observes their strategy. Despite recent internal adjustments and competition, Alibaba maintains its leadership in China with a strengthened management team. Tsai highlights the company's AI advancements, cloud monetization, and the need for cooperation amidst U.S.-China tensions.
