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Ed Ludlow
The decision to cut the nearly 500-person group, including its senior director, Rebecca Tinucci, was made by CEO Elon Musk in the last week, according to a person familiar with the matter.
BUSINESS / Companies
May 1, 2024
Tesla axes most of supercharger team in blow to other automakers
The decision to cut the nearly 500-person group, including its senior director, Rebecca Tinucci, was made by CEO Elon Musk in the last week.
Tesla remains the dominant EV maker in the U.S. market, but its earnings have been under pressure for several quarters.
BUSINESS / Companies
Apr 24, 2024
Tesla speeding up release of cheaper cars after sales miss
The maker of electric vehicles plans to release more affordable models by the end of this year or in early next year.
At the time ofElon Musk's takeover, Twitter was valued at $44 billion. Now called X, the company is now valued at $19 billion.
BUSINESS / Companies
Oct 31, 2023
Elon Musk’s X is worth less than half of price he paid for Twitter
In the past, Musk has hinted that he’d like to take X public, but the company’s steep drop in value could make that difficult.
Japan Times
BUSINESS / Tech
Nov 11, 2022
Elon Musk warns Twitter bankruptcy possible if cash burn lingers
The warning came amid a tumultuous start to Musk's reign at the social media company — a two-week period in which he has fired half of Twitter's staff.
Japan Times
BUSINESS
Mar 4, 2022
Rivian tumbles after admitting ‘mistake’ with price increases
Rivian Automotive Inc. dropped to a record low after the electric-vehicle maker was forced to perform an about-face and roll back price increases on its debut cars for existing customers, marking an embarrassing episode for the carmaker as it seeks to win over more buyers.
Japan Times
BUSINESS / Companies
Feb 18, 2022
Nissan to build two new EV models in Mississippi by 2025 in latest U.S. push
Nissan plans to invest u00a557.5 billion in technology needed for EV-specific assembly lines at the plant in Canton.
Japan Times
BUSINESS / Companies
Dec 7, 2021
Toyota chooses North Carolina for first U.S. battery plant
The company will break ground on its first battery factory in the U.S., joining an industrywide push as automakers accelerate efforts to electrify their fleets.
Japan Times
BUSINESS / Companies
Nov 19, 2021
Toyota eyes Panasonic as partner in North Carolina battery plant
The plant would be the latest in a string of announcements by major automakers preparing to pivot toward full electrification.
Japan Times
BUSINESS / Companies
Oct 6, 2020
Toyota adds to hydrogen bet with North American fuel cell truck
The automaker did not provide a timeline for beginning sales of the Class 8 truck but said it would debut a prototype in the first half of 2021.
Japan Times
LIFE / Food & Drink
Apr 17, 2020
Restaurant industry unlikely to look the same even after outbreak subsides
American restaurants, battling for survival amid the coronavirus, are starting to ask the question: Even when the lockdown lifts, how do we lure back skittish diners? Their margin for error is very small.

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?