Latest news with #DishaMishra
Reuters
08-05-2025
- Business
- Reuters
OpenAI in talks to hire senior executive for major leadership role, The Information reports
The OpenAI logo, a keyboard, and robot hands are seen in this illustration taken January 27, 2025. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing Rights , opens new tab May 8 (Reuters) - OpenAI is in talks with a senior technology executive to oversee some of the company's divisions in a major leadership restructuring at the artificial intelligence firm, The Information reported on Thursday, citing people familiar with the plans. OpenAI CEO Sam Altman is likely to continue overseeing research and infrastructure teams that are core to AI development, while leaving much of the rest of the company to this executive, the report added, citing one of the people. The Reuters Tariff Watch newsletter is your daily guide to the latest global trade and tariff news. Sign up here. Reporting by Disha Mishra in Bengaluru Our Standards: The Thomson Reuters Trust Principles. , opens new tab Share X Facebook Linkedin Email Link Purchase Licensing Rights
Yahoo
07-05-2025
- Automotive
- Yahoo
Tesla launches cheaper Model Y vehicle in the US
(Reuters) - Tesla launched a cheaper version of its Model Y vehicle in the United States on Tuesday. The new long range rear-wheel drive version costs about $44,990, before a $7,500 federal tax credit, the electric vehicle maker's website showed. Including the tax credit, the new vehicle will cost $37,490. Reuters previously reported that Tesla's plans for an affordable car included a stripped-down version of its best-selling electric SUV, but the production launch had been delayed. Tesla's Model Y long range all-wheel drive version in the U.S. did not see any cost adjustment and is priced at $48,990. Tesla's quarterly sales plunged 13% to the weakest in nearly three years, hurt by a backlash against CEO Elon Musk's politics and rising global competition. The company is scheduled to report second-quarter earnings in July. (This story has been corrected to say that Tesla will report second-quarter earnings, not third-quarter, and in July, not on July 23, in paragraph 6) (Reporting by Disha Mishra in Bengaluru; Editing by Alan Barona)
Yahoo
07-05-2025
- Automotive
- Yahoo
Tesla launches cheaper Model Y vehicle in the US
(Reuters) -Tesla launched a cheaper version of its Model Y vehicle in the United States on Tuesday. The new long range rear-wheel drive version costs about $44,990, before a $7,500 federal tax credit, the electric vehicle makers' website showed. Including the tax credit, the new vehicle will cost $37,490. Reuters previously reported that Tesla's plans for an affordable car included a stripped-down version of its best-selling electric SUV, but the production launch had been delayed. Tesla's Model Y long range all-wheel drive version in the U.S. did not see any cost adjustment and is priced at $48,990. Tesla's quarterly sales plunged 13% to the weakest in nearly three years, hurt by a backlash against CEO Elon Musk's politics and rising global competition. The company is scheduled to report third-quarter earnings on July 23. (Reporting by Disha Mishra in Bengaluru; Editing by Alan Barona)
Reuters
07-05-2025
- Automotive
- Reuters
Tesla launches Model Y Long Range Rear-Wheel Drive in the US
Tesla Model Y on display at the Everything Electric exhibition at the ExCeL London international exhibition and convention centre in London, Britain, March 28, 2024. REUTERS/Peter Cziborra/File Photo Purchase Licensing Rights , opens new tab Companies Tesla Inc Follow May 6 (Reuters) - Tesla (TSLA.O) , opens new tab has launched its Model Y Long Range Rear-Wheel drive in the U.S., pricing it at $44,990, its website showed on Tuesday. Stay up to date with the latest news, trends and innovations that are driving the global automotive industry with the Reuters Auto File newsletter. Sign up here. Reporting by Disha Mishra in Bengaluru; Editing by Alan Barona Our Standards: The Thomson Reuters Trust Principles. , opens new tab Share X Facebook Linkedin Email Link Purchase Licensing Rights
Zawya
25-02-2025
- Business
- Zawya
Saudi tech firm Alat buys 15% stake in Germany's TK Elevator
Saudi Arabia's new advanced industries firm Alat has bought a 15% stake in Germany's TK Elevator and unveiled a $160 million joint venture for elevators and escalator solutions, the companies said on Monday. Alat was launched by Saudi crown prince Mohammed bin Salman earlier in the month and is aimed at helping make the kingdom a global centre for electronics and advanced industries. It will become a direct shareholder of TK Elevator and a member of the current investment consortium, the companies said in a statement, adding that the deal is expected to close by the third quarter. The joint venture will be headquartered in Saudi Arabia and aims to manufacture elevators, escalators and moving walks locally. In 2020, Germany's Thyssenkrupp closed a 17.2 billion euro ($18.01 billion) sale of its elevator division, later renamed TK Elevator, to private equity firms. ($1 = 0.9551 euros) (Reporting by Disha Mishra in Bengaluru; Editing by Devika Syamnath)
