Tesla Motors was once cruising comfortably in the fast lane as the world’s biggest electric vehicle manufacturer. But the road ahead is starting to look bumpy as CEO Elon Musk grapples with intensifying competition and operational challenges in China, the world’s largest EV market. Just a year ago, Tesla’s remarkable […]
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In a dramatic shift of fortunes, the collective net worth of the world’s billionaires has seen a significant drop of $500 billion (US), declining from a staggering $12.7 trillion (US) in March 2022 to its current value of $12.2 trillion (US), according to Forbes. This financial downturn has impacted nearly […]