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For the past two years, we’ve reported that the post-recession upswing in new car buying in North America seems to have plateaued. Environmental factors have led to Millennials buying fewer cars than their parents’ generation, and wealthy folk have proven unable to pick up the slack — as no amount of money allows you to drive […]
Tesla Powerpacks in South Australia. (credit: Tesla) The new premier of South Australia, Steven Marshall, is unconvinced about a virtual power plant project that had been proposed by Tesla and accepted by Jay Weatherill, the Australian state’s previous premier, in February. The project aims to put thousands of solar panels and batteries on South Australian […]
REUTERS/Noah Berger Wells Fargo’s troubles keep getting worse. So far, the bank has agreed to pay a $ 190 million settlement, return $ 2.8 million to at least 1.4 million additional customers, and lost its CEO. Despite the cooperation with regulators and reparations payments, Swiss bank UBS says its analysis “suggests revenue headwinds could persist,” […]
