Tesla’s 5-Month Sales Slump in Europe Persists: New Model Y Fails to Reignite Demand as Chinese Rivals Dominate

June 26, 2025 – Recent figures from the European Automobile Manufacturers’ Association (ACEA) reveal a concerning trend for Tesla in the European market. In May, the company witnessed a significant 27.9% year-on-year decline in new vehicle sales across the region. This downturn comes despite a robust 27.2% growth in overall battery electric vehicle (BEV) sales…

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Samsung Faces Chip Production Disruption as Over 6,500 Workers Strike for Higher Wages and Bonus Adjustments

July 08, 2024 – Over 6,500 workers at Samsung Electronics have walked off their jobs today, demanding higher wages and adjustments to the performance-based bonus system. The strike, led by the Korean labor union, is intended to convey these demands to Samsung management through a three-day protest. Negotiations between the two parties regarding salary and…

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