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Tesla recently laid off around 500 employees, including senior leadership of its Supercharging team, raising concerns about the future of Tesla's EV charging network. Tesla's Supercharging network is one of the largest in the world with over 55,000 charging ports, and is seen as one of Tesla's most valuable assets. The abrupt cuts have created uncertainty about its expansion plans. Tesla's CEO Elon Musk said the company will still invest $500 million in Superchargers this year, but expand faster than before. The cuts come as Tesla faces more competition from other automakers expanding their EV options and charging networks.
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Tesla's plan to expand its Gigafactory near Berlin, Germany was approved by the local council, improving Tesla's chances of building more logistics space. Anti-Tesla protest groups oppose the expansion, claiming it threatens local water supplies. Protesters want to draw attention to the minerals needed for electric car batteries and their impacts on communities, as EVs require more minerals than gas cars. Some protesters have been living in treehouses near the factory for months to try to stop the expansion. A court rejected police attempts to remove them.
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Accidentally Married to the Secret BillionaireMovie
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Tesla is walking back some of the layoffs to its Supercharger team, having rehired Max de Zegher, the former Director of North American Charging who was let go in April. The Supercharger network is crucial to Tesla's success, and the EV giant expanded its network to other automakers this year, starting with Ford in March. The pause in Supercharger buildouts came at a poor time as more companies planned to use the infrastructure. Musk said Supercharger expansion would continue slower, focusing on uptime and existing locations.
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Protesters opposed to the expansion of Tesla's plant in Grunheide near Berlin clashed with police as some attempted to storm the facility. Vision courtesy: Reuters
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Edmonton Oilers Target High Scoring Rebound | NHL Prevuew from fico expansion score
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The Bulls' top priority this offseason is to trade guard Zach LaVine.
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Slovak Prime Minister Robert Fico suffered life-threatening injuries on Wednesday when he was shot and wounded in an attempted assassination that stunned his small Central European nation and drew a chorus of international condemnation. - REUTERS
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One in four female small business owners has taken a pay cut in the past year, according to new research.<br/><br/>The survey of 1,000 female small business owners examined how their experience has shifted in the past year and found that the down economy has forced a quarter of these business owners to cut their own pay to keep their businesses afloat.<br/><br/>For those small businesses that have been open for at least a year, many have also raised the price of their product or service (37%), and more than a quarter are actively seeking less expensive resources (27%).<br/><br/>Conducted by Talker Research for Office Depot, the survey found that 53% of female business owners said the past year has been the hardest for their business.<br/><br/>In 2023, respondents expressed challenges with funding (42%) and growing their business (30%), which continue to be the top struggles this year (39% and 30% respectively).<br/><br/>Experiencing fatigue was more of a pain point last year (23%), while marketing is proving to be a greater challenge this year (25%).<br/><br/>However, hard work has paid off for many female small business owners this year, allowing them to reach their 2023 goals: growing profit (goal of 59%, achieved by 26%), gaining more customers (goal of 53%, achieved by 41%) and expanding their business (goal of 28%, achieved by 12%).<br/><br/>And to keep the momentum going, respondents predict they’ll continue to uplevel and succeed through continued revenue growth (63%), gaining more customers (54%) and business expansion (27%). <br/><br/>But success is also about a lot more than dollars and cents. Twenty-one percent of respondents said success is all about making a positive impact in their community and a fifth (21%) included innovation as a success marker.<br/><br/>And while the next year looks to be more positive for female small business owners, there will still be challenges to overcome, with inflation (39%) and funding (25%) serving as the top concerns.<br/><br/>To overcome these challenges, female SBOs are throwing themselves into their work more often — but how much is too much?<br/><br/>Work-life balance improvements have slowed by 15% since last year, as only this year, 58% said their work-life balance has improved since becoming a business owner, compared to 73% who said the same last year.<br/><br/>Women surveyed feel they need to choose between their family and their profession multiple times every month, while one in eight feel this way every week.<br/><br/>And overall, 42% said being a business owner has made it more difficult to balance their outside work responsibilities.<br/><br/>To better balance their work and family life, those surveyed are committed to “cutting back on working hours,” “taking time for quiet reflection” and “being willing to take a day off as necessary.”<br/><br/>For respondents who set up their business in the last year, top reasons include wanting to be one’s own boss (59%), deciding to pursue a passion or hobby (46%) and drive to put an idea into action (41%).
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The Bears will play the Titans in Week 1 of the 2024 regular season, according to reports.
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Campbell calls for increased NATO commitment in response to Putin’s ‘undoubted expansionism’
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