Porsche Slashes Profit Outlook Amid Tariff Hikes, China Slump, and EV Transition Delays
July 30, 2025 – On Wednesday, the German luxury carmaker Porsche slashed its full-year profit forecast, attributing the move to rising tariffs stemming from a trade deal between the European Union and the Trump administration in the United States. The company revealed it had already absorbed roughly €400 million in losses due to tariff-related pressures…
Unveiling the New Lexus LBX: A Game-Changing Entry-Level SUV
June 5, 2023 – Today in New York, Lexus has unveiled the highly-anticipated LBX, their latest entry-level SUV. Built on the TNGA-B platform, the LBX shares its foundation with the Toyota Yaris Cross, positioning itself below the Lexus UX in the lineup. Designed specifically for the European market, Lexus aims to commence pre-orders for the…
Elon Musk Predicts a 20% Chance of AI Leading to Human Destruction, Yet Sees a ‘Super Awesome’ Future
March 3, 2025 – In a recent episode of “The Joe Rogan Experience” podcast, Elon Musk, the founder of Tesla and SpaceX, once again shared his views on the development of artificial intelligence (AI). While he has consistently expressed concerns about the potential risks of AI, this time, he seemed to hold a relatively optimistic…
Apple’s Vision Pro Patent Unveiled: Tailor Screen Position & Angle for Ultimate Comfort
May 23 2025 – Yesterday, on May 22, the well-known tech media outlet patentlyapple unveiled a blog post revealing that Apple has secured a new patent related to the design of its Vision Pro headset. The primary objective of this patent is to enhance the wearing comfort of the device. According to the blog post,…
Tesla Gigafactory Expansion Hits Snag: Chemical Weapons Discovered, Cleanup Operation Planned
August 20, 2024 – The city of Grünheide, located in the German state of Brandenburg, has announced the discovery of chemical weapons in the expansion area planned for Tesla’s Berlin Gigafactory. The local government has scheduled a cleanup operation from August 19th to 22nd. According to the mayor of Grünheide, Arne Christiani, the chemical weapons…
Tesla Raises Wages by 4% for All Employees at German Gigafactory
November 06, 2024 – Tesla announced on Tuesday that it has increased the wages of all employees at its Gruenheide Gigafactory in Germany by 4% since the beginning of November. A month ago, the company stated that it would be offering permanent positions to 500 temporary workers at the factory starting November 1st. Tesla clarified…
Japan’s Affluent Embrace AI Pets as Their New Companions
December 29, 2024 – The companion robot LOVOT, created by the Japanese robotics company Groove X, is emerging as the new “pet” of wealthy individuals in Japan. According to the founder of LOVOT, the robot’s goal is to become a real-life Doraemon without the four-dimensional pocket. Unlike the famous cartoon character, LOVOT is not capable…
Tesla Claims Cybercab’s Wireless Charging Efficiency Surpasses 90%
October 21, 2024 – Tesla has recently responded to criticisms regarding the efficiency of its wireless charging system for the Cybercab, stating that its efficiency “far exceeds 90%”. This response comes after tech blogger Marques Brownlee (MKBHD) raised concerns on social media about the potential “huge waste of heat” in wireless charging, suggesting that the…
Alphabet Reports $263.01 Billion Net Income in Q3, Up 34% YoY
October 30, 2024 – Alphabet, the parent company of Google, today released its financial results for the third quarter of fiscal year 2024, ended September 30. The report revealed that the tech giant achieved a total revenue of 882.68billion,markinga15766.93 billion reported in the same period last year. When adjusted for currency fluctuations, the growth rate…
USB-C Takes Over Europe: Apple Joins the Standard, Simplifying Charging
December 31, 2024 – The European Commission has announced a new regulation effective immediately, mandating that all new mobile devices sold within the European Union must be equipped with a USB-C charging port. This measure aims to standardize charging methods, reduce electronic waste, and enhance consumer convenience. The new rule encompasses a wide range of…