![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
. | ![]() |
. |
![]() by AFP Staff Writers Washington (AFP) Aug 5, 2021
Tesla, the global leader in electric cars, was excluded from the White House event Thursday where US President Joe Biden unveiled a big push for zero-emissions vehicles. "Yeah, seems odd that Tesla wasn't invited," Elon Musk tweeted about the event that featured legacy American carmakers General Motors, Ford and Chrysler's parent company Stellantis. The irascible entrepreneur has been a pacesetter in the industry, and Tesla last month reported its first-ever quarterly profit above $1 billion on record deliveries. But he also has a rocky record in relations with workers at his factories, including firing a union organizer and tweeting anti-union comments, which lead to a lawsuit by the United Auto Workers labor group. Asked whether the snub was related to Tesla's non-union status, White House spokeswoman Jen Psaki told reporters the invited companies "are the three largest key players of the United Auto Workers. So I'll let you draw your own conclusion." But she said the Biden administration welcomes the efforts of all manufacturers working on electric vehicles, including Tesla. "I would not expect this is the last time we talked about clean cars, the move for electric vehicles, and we look forward to having a range of partners in that effort," Psaki said. Interviewed on CNBC, Transportation Secretary Pete Buttigieg said he did not know why Tesla was excluded. Musk responded by sharing a meme that read: "I'm not saying it's sabotage. But it's sabotage." hs/to
![]() ![]() Uber posts profit on one-time gains San Francisco (AFP) Aug 4, 2021 Uber on Wednesday reported a profit in second quarter on one-time gains and said its pandemic-stalled ride-hailing business was showing signs of recovering. The San Francisco-based company reported a profit of $1.1 billion. Revenue rose to $3.9 billion in the recently ended quarter, more than double what it took in during the same period last year. The net income for the quarter included gains of $1.4 billion from the revaluation of its investment in Chinese ride-share firm Didi and another $272 ... read more
![]() |
|
The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us. |