Tesla’s factory shutdown has stretched out to at least 12 days, much-needed semiconductors are piling up at manufacturers amid a shortage of truck drivers, and bankers are camping in their offices as Shanghai’s COVID-19 lockdown disrupts businesses in China’s financial hub.
Wr
By:
Wire reports
April 06, 2022 11:57 AM
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Ford says Trump tariffs to cost $1.5 billion as Q1 net income dives 65%
The expected tariff cost is significantly lower than the $4 billion to $5 billion crosstown rival General Motors estimates, which Ford attributes to its higher mix of U.S.-built vehicles.
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