On Wednesday afternoon, Tesla held its fourth-quarter earnings call and offered a road map for the year ahead. On Thursday, the market capitalization of Elon Musk’s electric car company lost over $100 billion . So what catastrophe did Musk disclose on that call? On the contrary, the Tesla CEO had some of the best news about the company, at least from a financial standpoint, in its entire lifetime. The EV maker delivered close to a million vehicles last year, an 87% increase from 2020, despite supply chain issues that walloped other automakers . But more than that, Musk noted , “[Tesla’s] accumulated profitability since the inception of the company became positive, which I think makes us a real company.” Shouldn’t investors be happy that Tesla isn’t simply bleeding money anymore? Well, there was also some bad news. The billionaire also said that four of Tesla’s in-development electric vehicles — the Cybertruck, Roadster, Semi and an unnamed economy EV that will supposedly … [Read more...] about In Elon Musk’s Crystal Ball, Tesla’s Future Lies in Self-Driving Cars, Not Cybertrucks
American airlines posts 169m profit on 1b taxpayer help
Ather Energy, India's top electric scooter maker by revenue, is raising funds to ramp up annual production to one million scooters over the next three years amid a surge in demand, the startup's co-founder and chief executive told Reuters. Ather, which counts Tiger Global and Indian bikemaker Hero MotoCorp as investors, has raised about 12 billion rupees ($160 million) since its inception in 2013 and is in the process of raising more, Tarun Mehta said in an interview. "Our plan was to not raise more capital and focus on growing the brand, but the rate of transition to electric and the pace at which the supply chain and capacities need to ramp is way faster than what we thought a year back," Mehta said. He declined to comment on the amount the company plans to raise. A source with knowledge of the plans said Ather was looking for about $133 million. Of this, it has already raised $56 million from Hero. Sales of electric scooters surged more than five-fold in India last year, as … [Read more...] about Ather Energy Targets 1 Million Electric Scooters A Year As Demand Soars
Click here to read the full article. The Jan. 6 committee has subpoenaed 14 of the fake Republican “electors” who schemed to overturn their states’ 2020 election results by signing forged documents submitted to the government. “The Select Committee is seeking information about attempts in multiple states to overturn the results of the 2020 election, including the planning and coordination of efforts to send false slates of electors to the National Archives,” Chairman Bennie Thompson (D-Miss.) wrote in a statement. “We believe the individuals we have subpoenaed today have information about how these so-called alternate electors met and who was behind that scheme. We encourage them to cooperate with the Select Committee’s investigation to get answers about January 6th for the American people and help ensure nothing like that day ever happens again.” More from Rolling Stone GOP Lawmaker Pushes Bill to Let Him and His Pals Overturn Elections The Criminal Investigation … [Read more...] about Jan. 6 Committee Slaps Subpoenas on Trump Supporters Involved in Bogus Elector Scheme
Mong Kok branch of Morning Star Travel Service in Hong Kong. (South China Morning Post photo) HONG KONG: One of Hong Kong's best-known tour operators has decided to wind up after 50 years of business and amid the worsening Omicron outbreak, with an industry leader expecting the travel sector's woes to continue for the rest of 2022 at least. Morning Star Travel Services said on its website on Thursday that the board of directors had passed a resolution to voluntarily liquidate the tour operator according to the Companies (Winding Up and Miscellaneous Provisions) Ordinance. It added that the first meeting of creditors would be held on Feb 16. Apart from the statement on its homepage, the agency's website was no longer accessible on Thursday. Established in 1972, Morning Star was one of the leading travel agencies in Hong Kong, with more than 10 outlets across the city and Macau. In addition to tour groups, ticket and hotel packages, and chartered tours, it had also developed … [Read more...] about Hong Kong’s best-known travel agency folds after 50 years
The incoming leader of a Georgetown Law research institute has apologized after facing backlash for a series of now-deleted tweets about President Joe Biden's promise to nominate a Black woman for the Supreme Court that the school's dean has called "appalling." Ilya Shapiro, the vice president and director of the Robert A. Levy Center for Constitutional Studies at the Cato Institute, is set to begin his new role as executive director of the Georgetown Center for the Constitution on Tuesday. Less than a week before Shapiro arrives on campus, his comments on Biden's potential pick for the high court have drawn frustration from many in the community. "Objectively best pick for Biden is Sri Srinivasan, who is solid prog & v smart. Even has identify politics benefit of being first Asian (Indian) American," Shapiro wrote on Wednesday, following news that Supreme Court Justice Stephen G. Breyer will retire at the end of the current term. Srinivasan made history in 2020 when he became … [Read more...] about Incoming Georgetown Law administrator apologizes after tweets dean called ‘appalling’
5 In a move that has prompted surprise, confusion and perhaps even a little revulsion, Oscar Mayer recently branched out from its vast selection of packaged deli meats and wieners with its new product: a hydrating facial mask inspired by b-o-l-o-g-n-a. The fleshy pink mask has the moist appearance of sliced sandwich meat and is sealed in the company's classic red-and-yellow packaging. Labeling on the package makes it clear, however, that the product is not food. It's a sheet mask designed to evoke the childhood memory of biting eye and mouth holes into a slice of luncheon meat and then wearing it on your face. Nostalgia factor and clever marketing aside, the hydrogel masks are genuine skin-care products and shouldn't be evaluated at, well, face value. So several of my colleagues and I tried them, and I spoke with some skin-care experts who were game to discuss the relative merits of a bologna-inspired face mask. Here are the answers to … [Read more...] about Oscar Mayer wants you to put ‘bologna’ on your face. We had to investigate.
Hearst Connecticut Media Group is the state’s No. 1 source for local news and the go-to media company offering local businesses in the tri-state area an unparalleled opportunity to a full suite of digital and print marketing strategies. HCMG has just over 300 employees locally with a newsroom of about 160 journalists, the organization serves readers and businesses across Connecticut with more than 20 newspapers and websites, two magazines, an app and multiple other products. See our job opportunities . Meet (some of) the team “I love working at Hearst Connecticut Media Group because the people that make up this organization are the best! This is a great place to not only cultivate your skills but excel at your career. Hearst really knows how to take care of their people and that motivates me every day to perform.” - Divya Johnson, Director of Client Experience and Diversity, Equity and Inclusion Council Leader “When Hearst Connecticut Media acquired the chain of weeklies … [Read more...] about Hearst Connecticut Media Group careers: Join us for your next job!
At the start of the new year, few documentaries were as widely anticipated as "Janet Jackson," the two-night, four-hour docuseries about the famously private pop star. In recent years, a cultural zeal to correct the record on the scandals of yore and redistribute blame accordingly has refocused the spotlight on the 55-year-old singer and her storied family. Last year, FX and Hulu revisited the 2004 Super Bowl debacle that derailed her career in the New York Times Presents documentary "Malfunction: The Dressing Down of Janet Jackson," which offered little new insight. And in 2019, HBO offered a platform to two of her brother Michael's alleged molestation victims with "Leaving Neverland," which led to a lawsuit from the King of Pop's estate. Janet Jackson, who spent her late adolescence fighting for autonomy over her life and career - a struggle chronicled in her 1986 album "Control," which launched her into the musical stratosphere - is understandably vexed that her public image has … [Read more...] about In ‘Janet Jackson,’ a star famous for her privacy lives up to her reputation
Nestled between the rolling dunes of the Moroccan Sahara Desert in a valley that once held a river, about a 10-minute drive from the popular desert hub of Merzouga, is the village of Khamlia . The one-lane town appears almost as if a mirage with a singular mosque and minaret burrowed into the sand. Look a bit closer and you’ll find that Khamlia is home to 450 townspeople, all of whom come from the Oujeaa family. Khamlia is the leader of sustainable tourism in Erg Chebbi and remains one of my favorite ethical travel experiences. I was meant to stay for two nights and ended up there for two weeks. There was always another desert adventure waiting to be had the next day, so I couldn’t pull myself away. My host family took me to a massive date market and to climb the highest dune in the Sahara. But was really the simple moments of daily life that enchanted me, such as playing card games, preparing veggies for couscous and learning about weaving while a local woman created hearts on a … [Read more...] about In the Moroccan Sahara Desert, Community-Based Tourism Keeps a Village Alive