 |
|
|
|||||
Tesla is getting into the rental car market. Drivers can now rent a Tesla in two Southern California locationsSan Diego and Costa Mesafor three to seven days, starting at $60 daily, according to Electrek. Tesla will be renting, not leasing its EVs, and plans to continue rolling out additional U.S. locations starting this month. Fast Company has reached out to Tesla for comment. The news comes as the electric vehicle (EV) maker looks for new ways to head off further declines in U.S. sales following the expiration of its federal tax credits, and comes amid continued backlash against the company for CEO Elon Musks role in the U.S. government, coupled with growing competition in the EV market. Those federal EV tax credits of up to $7,500 expired on October 1, after President Donald Trump signed his One Big Beautiful Bill Act (OBBBA) into law. Each Tesla rental will include the option for supervised Full Self-Driving and Supercharging, at no extra cost, and as incentive to buy, customers will a receive a $250 credit if they purchase a model within a week, Electrek reported. Shares of Tesla, Inc. (Nasdaq: TSLA) were trading up over 4% in midday trading on Monday. Shares of rental car company Hertz Global Holdings, Inc. (HTZ) were down nearly 3% at the time of this writing in the aftermath of its recent quarterly earnings report. The car rental giant had purchased a fleet of Teslas to increase its EV offerings, but has been selling them as demand decreased, along with resale value. The news comes just days after shareholders approved a controversial pay package for CEO Elon Musk worth up to nearly $1 trillion in compensation, and as a head of Tesla’s ailing Cybertruck business announced he was leaving Tesla following the company’s recall of some 63,000 Cybertrucks due to their bright front lights, per the Associated Press. A look at the numbers shows Tesla’s third quarter earnings missed analyst expectations, even while it reported $28.1 billion in revenue, up 12% from the previous year. Earnings per share (EPS) came in at 50 cents versus an expected 54 cents. The company has reported year-over-year revenue declines the two previous quarters.
Category:
E-Commerce
Think. Create. Change. These three verbs are the driving force behind the World Changing Ideas Summit, a first-of-its-kind event created in partnership with Fast Company and Johns Hopkins University (JHU). This November 19 at the Johns Hopkins University Bloomberg Center in Washington, D.C., the World Changing Ideas Summit will convene academics and senior business leaders for a day of immersive, thought-provoking experiences designed to advance Americas innovation ecosystem. From dynamic panels to interactive innovation showcases to hands-on breakout sessions, the World Changing Ideas Summit aims to go beyond dialogue and inspire action. “The World Changing Ideas Summit is a wholly new kind of event: a partnership between two very different organizations, both known for their commitment to innovation, coming together to explore the near future through the ideas they’re most excited about, says Brendan Vaughan, editor-in-chief of Fast Company. The World Changing Ideas Summit is modeled after Fast Companys annual World Changing Ideas list, which celebrates the businesses and organizations developing creative solutions to the most pressing issues of our time. Paired with Johns Hopkins University’s renowned history of scientific discoveries, the World Changing Ideas Summit stands as a dynamic partnership between two of the most innovative forces in media and academic research, focusing on transformative advancements in healthcare, space exploration, and physical AI.As we celebrate our 150-year anniversary, Johns Hopkins is doubling down on our commitment to improving lives by bringing the benefits of research to the world, said Cybele Bjorklund executive director of the Johns Hopkins University Bloomberg Center. This summit provides a fresh vision and venue to bolster America’s powerful innovation ecosystem, rooted in our drive to forge stronger connections between government, universities and the private sector.” The World Changing Ideas Summit features a mix of JHU faculty and World Changing Ideas honorees including Akhila Kosaraju, cofounder and CEO of Phare Bio; Jordan Shuff, research engineer at the Johns Hopkins Wilmer Eye Institute; Hongquan Li, cofounder and CEO of Cephla; Dennis Woodfork, mission area executive for National Security Space at the Johns Hopkins Applied Physics Laboratory; and more who will unpack key topics from how to use star-mapping technology to analyze cancerous tumors to examining national security implications in space to how AI-powered predictive models are evolving professional sports, and much more. With spotlights on how these innovations can strengthen the health, well-being, and flourishing of the world (and beyond), the World Changing Ideas Summit will highlight the full extent of what is possible when government, academia, and business industries join forces. Visit the World Changing Ideas Summit event page to register for the event and stay up-to-date with the agenda and list of speakers.
Category:
E-Commerce
Last week, four Condé Nast staffers were abruptly fired after participating in a union protest at the publishers 1 World Trade Center headquarters. The journalists had confronted chief people officer Stan Duncan outside his office, demanding answers on a fresh wave of layoffs that had just hit the company. The incident followed Condé Nasts announcement that Teen Vogue would be folded into Vogue.com, resulting in multiple layoffs, including Teen Vogues editor-in-chief. Footage obtained by The Wrap shows Duncan declining to engage with employees, instead repeating that they should go back to the workplace. In the clip, one of the journalists asks, What counts as congregating? Whats your definition of congregating? while another presses: Is there a place youd be able to speak to us? Do you think were not worth speaking to, Stan? Duncan eventually retreats into an office. Hours later, Condé Nast fired four union members involved in the incident citing gross misconduct and policy violations. The company also filed a complaint with the National Labor Relations Board, accusing the NewsGuild of repeated and egregious disregard of our collective bargaining agreement. The clip, which The Wrap described as the most brutally awkward thing youll see today, has since garnered over 4 million views on Xwith many weighing in on the state of workplace politics. And reactions have been fairly mixed. Critics of the firings accused Condé Nast of union-busting: Just outrageous, shameful behavior from Condé’s head of HR Stan Duncan. You’ve just laid off some of your most respected, beloved, unionized staffand the union reps come to ask questions. You have a professional duty to sit with them. That is literally your job, one X user wrote. Others defended the companys decision. Easy decision to fire these folks, another wrote. These folks have a union, so they can simply let their representatives handle their concerns! Bringing a mob of folks to confront HR with cameras rolling?! So entitled, so dumb. On Reddits r/Layoffs forum, users were similarly divided. Im in HR and people like this give HR a bad reputation. Why would you be scared to talk to employees? one commented. Another wrote: HR doesnt make layoff business decisions. Curious what their goal was here and why they thought ambushing and filming someone in the workplace was the right thing to do lol. One simply put: corporate drama at its finest. bet hr had a great day. In a statement, Condé Nast said: Extreme misconduct is unacceptable in any professional setting. We have a responsibility to provide a workplace where every employee feels respected and able to do their job without harassment or intimidation. We also cannot ignore behavior that crosses the line into targeted harassment and disruption of business operations. However, union leaders disputed the companys claims, arguing the footage tells a different story. Managements attempt at union-busting, using intimidation and grossly illegal tactics to try to suppress protected union activity, will not stand, said Susan DeCarava, president of The NewsGuild of New York, in a statement. The NewsGuild of New York has zero tolerance for bad bosses who harass, target and disrespect our fellow Guild members. We represent nearly 6,000 media workers across the tri-state area and we stand firmly in solidarity, ready to fight for the rights of our members illegally fired from their jobs at Condé. As the workforce continues to be roiled by layoffs and employer-employee relations more fraught than ever, its unlikely controversies like these will dissipateespecially when someone nearby is filming it with their phone.
Category:
E-Commerce
All news |
||||||||||||||||||
|
||||||||||||||||||