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Ford raises 2023 profit outlook but sees bigger EV loss
Ford raises 2023 profit outlook but sees bigger EV loss
by  AFP

Ford lifted its full-year forecast Thursday after quarterly earnings nearly tripled on strong vehicle pricing in conventional autos that offset losses in electric vehicles (EV). Ford also announced price cuts of as much as $10,000 on the vehicle, following several similar pricing actions at Tesla.

Former Twitter exec says a mercurial Musk rules by 'gut'
Former Twitter exec says a mercurial Musk rules by 'gut'
by  AFP

A fired Twitter product manager said Elon Musk ran the company newly renamed X by instinct not data, surrounded by sycophants with his mood changing unpredictably. Since Musk bought Twitter last October, the platform's advertising business has collapsed as marketers soured on Musk's management style and mass firings at the company that gutted content moderation.

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