Recall comes after Chinese authorities said it would ban hidden car door handles commonly seen on Tesla models Tesla and other carmakers are making a major recall of more than 4m vehicles in China over safety concerns mostly related to their door handles, according to Chinese authorities on Friday. The US carmaker is recalling about 2.98m China-made and imported EVs including Model 3, Model Y, Model X and Model S over door-handle safety risks, according to China’s state administration for market regulation. Continue reading... from The Guardian https://ift.tt/opPv5NI via IFTTT
The rush into AI has given the flagging technology industry a share price lift, but some investors still remain cautious
US tech companies started the year in the doldrums, beset by a cost overhang from excessively zealous pandemic hiring sprees and fears about the impact of rising interest rates. Things were looking grim – then along came artificial intelligence (AI).
Tech stocks and the blue-chip S&P 500 index have since been buoyed by breakthroughs in generative AI – led by the ChatGPT chatbot – and the promise of a new era of growth for the sector. The S&P 500 is up 18.6% so far in 2023 while the tech-heavy Nasdaq composite is up 35.7%. Six months is a long time in a fast-moving industry.
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