Tag: X social media

Tesla Prices Now Rival Average US Cars After Billions in Cuts
Technology

Tesla Prices Now Rival Average US Cars After Billions in Cuts

[ad_1] Tesla Inc.'s top-selling electric vehicles now compete directly with gasoline cars on price after the latest round of price reductions. The lower prices could cost the company $1.2 billion a year, according to at least one investor.At $38,990, the base Model 3 sedan now costs $8,700 less than the average amount paid for a car or truck in the US. The starting price for a Model Y SUV is $3,700 below the average auto price of roughly $48,000, according to an analysis by Bloomberg Green. Tesla started cutting prices at the start of the year, twisting the screws on legacy automakers that were already struggling to make electric vehicles profitably. We are now on WhatsApp. Click to join “Now the fun part of cost declines ... life after price parity,” said Sam Korus, an analyst at Ark I...
X social media’s India, South Asia policy head Gupta resigns-sources
Technology

X social media’s India, South Asia policy head Gupta resigns-sources

[ad_1] Social media platform X's head of policy for India and South Asia, Samiran Gupta, has resigned, two sources said, a top departure that comes ahead of India elections and as the company fights a court battle with New Delhi over content removal.Gupta was the most senior India employee for X, formerly known as Twitter, and responsible for "key content-related policy issues" and "defending Twitter's position with new policy developments and support in-country sales organization," according to his LinkedIn profile. Gupta, who was designated as X's Head of Global Government Affairs for India and South Asia, declined to comment to Reuters. X did not immediately respond to a request for comment. Gupta's tenure at X ended in September, according to Gupta's LinkedIn profile, which said he ...