Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

Money

Tesla restores operations at Shanghai plant following crippling lockdowns

Published

on

After weeks of lockdown, Tesla has begun restoring the output of cars at its massive Shanghai factory.

The plant is now operating at 70 per cent of the level it was at before the city was thrown into a strict Covid-19 lockdown.

It’s expected output will only continue to increase, with the carmaker adding a second shift of workers in the middle of last week.

Tesla has been struggling for quite some time to bring overall production back to pre-pandemic levels.

Dubbed the Gigafactory 3, China’s lockdown of its economic hub meant Tesla was forced to shut for 22 days.

Shanghai’s government has played a big role in helping the E-V maker re-open, but the company is also being plagued by obstacles including staff shortages and supply chain problems.

Shanghai authorities have begun cancelling many conditions for businesses… so as they can resume normal work.

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

Continue Reading

Money

Warner Brothers & Discovery considers splitting up to boost stock value

Published

on

Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

Continue Reading

Money

Investors worldwide grow increasingly optimistic about Trump winning the election

Published

on

Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

Continue Reading

Money

Netflix expands use of ads despite slow subscriber growth

Published

on

Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

Continue Reading

Trending Now