jetcityimage/iStock Editorial via Getty Images Tesla ( TSLA ) is developing a smaller, lower-cost electric SUV, Reuters reported, citing four people familiar with the matter. The project is still in early stages, and it’s unclear whether Tesla has approved it for production. The company has recently approached suppliers to discuss details of the plan, the people said. The talks revolved around the...
jetcityimage/iStock Editorial via Getty Images Tesla ( TSLA ) is developing a smaller, lower-cost electric SUV, Reuters reported, citing four people familiar with the matter. The project is still in early stages, and it’s unclear whether Tesla has approved it for production. The company has recently approached suppliers to discuss details of the plan, the people said. The talks revolved around the manufacturing process and specifications for various components for the compact SUV, which would be a standalone model rather than a variant of the Model 3 or Model Y. Sources added the compact SUV is likely to be built in China initially, with potential expansion to the U.S. and Europe. The vehicle is expected to be shorter than the Model Y and priced substantially lower than its entry-level Model 3 sedan, which starts at $34,000 in China and about $37,000 in the U.S, two of the sources said. The effort follows a decision by CEO Elon Musk to scrap a planned low-cost EV in 2024 and shift focus toward robotaxis and humanoid robots. It’s unclear if this smaller SUV marks a return to mass-market, human-driven EVs or fits into Tesla’s longer-term push toward fully autonomous vehicles. According to a source and a Tesla employee with knowledge of its current product philosophy, the new model could serve both purposes. The Tesla employee declined to confirm or deny details of any specific vehicle but said, in general, the automaker now aims to build models that would be driverless but offer a human-driven option. TSLA shares were up +0.56% premarket at $345.17. Shares have fallen nearly -24% YTD. More on Tesla Tesla: Time To Dump Shares Tesla Won't Crash Anytime Soon Tesla Q1 2026 Deliveries Strengthen The Bearish Outlook What’s next for Tesla after a disappointing EV delivery report SA analyst upgrades/downgrades: TSLA, NVO, MSFT, AEO
jetcityimage/iStock Editorial via Getty Images Tesla ( TSLA ) is developing a smaller, lower-cost electric SUV, Reuters reported, citing four people familiar with the matter. The project is still in early stages, and it’s unclear whether Tesla has approved it for production. The company has recently approached suppliers to discuss details of the plan, the people said. The talks revolved around the...
jetcityimage/iStock Editorial via Getty Images Tesla ( TSLA ) is developing a smaller, lower-cost electric SUV, Reuters reported, citing four people familiar with the matter. The project is still in early stages, and it’s unclear whether Tesla has approved it for production. The company has recently approached suppliers to discuss details of the plan, the people said. The talks revolved around the manufacturing process and specifications for various components for the compact SUV, which would be a standalone model rather than a variant of the Model 3 or Model Y. Sources added the compact SUV is likely to be built in China initially, with potential expansion to the U.S. and Europe. The vehicle is expected to be shorter than the Model Y and priced substantially lower than its entry-level Model 3 sedan, which starts at $34,000 in China and about $37,000 in the U.S, two of the sources said. The effort follows a decision by CEO Elon Musk to scrap a planned low-cost EV in 2024 and shift focus toward robotaxis and humanoid robots. It’s unclear if this smaller SUV marks a return to mass-market, human-driven EVs or fits into Tesla’s longer-term push toward fully autonomous vehicles. According to a source and a Tesla employee with knowledge of its current product philosophy, the new model could serve both purposes. The Tesla employee declined to confirm or deny details of any specific vehicle but said, in general, the automaker now aims to build models that would be driverless but offer a human-driven option. TSLA shares were up +0.56% premarket at $345.17. Shares have fallen nearly -24% YTD. More on Tesla Tesla: Time To Dump Shares Tesla Won't Crash Anytime Soon Tesla Q1 2026 Deliveries Strengthen The Bearish Outlook What’s next for Tesla after a disappointing EV delivery report SA analyst upgrades/downgrades: TSLA, NVO, MSFT, AEO
watch now VIDEO 0:49 00:49 Lindsey Vonn says she's open to 2030 Olympics run if her body can handle it CNBC Sport Lindsey Vonn is recovering from a crash that nearly cost the decorated alpine skier her leg, but Vonn said this week she's not ruling out a return to the Olympics in 2030, when she'd be 45 years old. In an interview with CNBC Sport, the Olympic gold medalist said she would consider mak...
watch now VIDEO 0:49 00:49 Lindsey Vonn says she's open to 2030 Olympics run if her body can handle it CNBC Sport Lindsey Vonn is recovering from a crash that nearly cost the decorated alpine skier her leg, but Vonn said this week she's not ruling out a return to the Olympics in 2030, when she'd be 45 years old. In an interview with CNBC Sport, the Olympic gold medalist said she would consider making one final run at the 2030 Winter Olympics — if she can be competitive. "It's been done," Vonn said. "If I were to do it, I would only do it if I could be fast. But, I don't know, that's a long ways off. I would be 45 [during] the next Olympics. That might be a little bit too much, but we'll see." Vonn said she's still using crutches following the crash during her first downhill run at the Milano Cortina Olympics in February. She said she expects to be walking unassisted by the end of April. But she still needs one more surgery later this year, she said, to take metal out of her leg from previous surgeries during the last two months — she's now had five — and to repair her ACL, which she tore in January, nine days before her Olympic run. USA's Lindsey Vonn takes part in the second official training for the women's downhill event ahead of the Milano Cortina 2026 Winter Olympic Games at the Tofane Alpine Skiing Centre in Cortina d'Ampezzo on Feb. 6, 2026. Francois-Xavier Marit | AFP | Getty Images If Vonn were to compete again in 2030, she would be one of the oldest Olympic skiers in history. Forty-six-year-old alpine skier Sarah Schleper finished 26th in the women's Olympic Super-G in February, competing for Mexico. Vonn last year returned from a first retirement that lasted more than five years to become the top-ranked downhill skier in the world entering the 2026 Olympics. A winning effort at Cortina d'Ampezzo would have made Vonn the oldest female downhill gold medalist, at the age of 41. Instead, she crashed just 13 seconds into her run. "I don't want that to be the l...
The Josh Bersin Company, the world's leading HR advisory firm, today announced the final confirmed line-up and agenda for its milestone fifth Irresistible annual conference. Taking place on June 8-10 at, and hosted in partnership with, USC Marshall School of Executive Education in Los Angeles, the three-day event is designed to help HR leaders develop a clear, practical understanding of what is po...
The Josh Bersin Company, the world's leading HR advisory firm, today announced the final confirmed line-up and agenda for its milestone fifth Irresistible annual conference. Taking place on June 8-10 at, and hosted in partnership with, USC Marshall School of Executive Education in Los Angeles, the three-day event is designed to help HR leaders develop a clear, practical understanding of what is possible in the world of AI in business, while offering valuable time with Josh Bersin Company analyst
Is The Dollar Collapsing? 8 Key Indicators You Can't Ignore Authored by Nick Giambruno via InternationalMan.com, There are eight key indicators to watch as the US government falls deeper into the self-perpetuating debt spiral . Indicator #1: Federal Budget Deficits The chart below shows the actual and projected federal budget deficits. It’s important to note that these projections rest on the ridi...
Is The Dollar Collapsing? 8 Key Indicators You Can't Ignore Authored by Nick Giambruno via InternationalMan.com, There are eight key indicators to watch as the US government falls deeper into the self-perpetuating debt spiral . Indicator #1: Federal Budget Deficits The chart below shows the actual and projected federal budget deficits. It’s important to note that these projections rest on the ridiculous assumption that there will be no wars, recessions, or other events that drive additional federal spending. That assumption is already out the window with the Iran war: the Pentagon has requested an additional $200 billion, for starters. Even with this rosy and unrealistic forecast, the US government is projected to run a cumulative deficit of over $22 trillion over the next ten years—deficits that will have to be financed by issuing more debt, a significant share of which will likely be bought by the Federal Reserve with “money” it creates out of thin air. Indicator #2: The Federal Debt The federal debt has exceeded $39 trillion, representing more than 124% of GDP. It’s important to remember that GDP is a flawed statistic. For example, it counts government spending as a positive. A more honest measure would count government spending as a big negative, as it compounds the debt spiral. In the US, government spending accounts for at least 37% of GDP. In other words, the amount of debt relative to the productive economy is much more than the official numbers suggest. Indicator #3: The Federal Interest Expense Annualized interest on the federal debt exceeds $1.2 trillion and is surging higher. That means more than 23% of federal tax revenue is going just to service interest on the existing debt. The interest cost on the federal debt is already the US government’s second-largest outlay. It’s set to exceed Social Security and become the biggest federal expenditure in a matter of months. Indicator #4: The Federal Funds Rate and the 10-Year Treasury Yield Whenever discussing ...
Kevin Brine/iStock Editorial via Getty Images It's difficult to make a fundamental case for Bed Bath & Beyond ( BBBY ) stock at the moment. That's not to say there's no reason to buy the stock at all, but rather that the numbers, for now, don't provide much basis to do so. To be fair, that's in large part because the numbers are somewhat fuzzy, particularly in the wake of recent deals to bring new...
Kevin Brine/iStock Editorial via Getty Images It's difficult to make a fundamental case for Bed Bath & Beyond ( BBBY ) stock at the moment. That's not to say there's no reason to buy the stock at all, but rather that the numbers, for now, don't provide much basis to do so. To be fair, that's in large part because the numbers are somewhat fuzzy, particularly in the wake of recent deals to bring new brands (and new revenue) into the company. But at the same time, even pro forma for those deals, BB&B appears to be unprofitable on an adjusted EBITDA basis. There is some hope for improvement going forward, certainly, and enterprise value to revenue multiples are somewhat favorable. But those fundamentals in turn are based on the business actually performing better from here. In other words, the investment case for BBBY centers not on the numbers right now, but rather on how strategy and execution set the company up for the future. And while that strategy, in particular, is intriguing (and innovative), neither seems like nearly enough to bet on the company or the stock at the moment. The Numbers First With BB&B bringing on both The Container Store and F9 Brands (including Lumber Liquidators), the current revenue base appears to be near $3 billion annually. In the fourth quarter shareholder letter, chief executive officer Marcus Lemonis said the revenue base, including the legacy Overstock business, Bed Bath & Beyond, buybuy BABY, and Kirkland's, was $1.5 billion . The announced acquisition this week of F9 Brands, whose portfolio is headlined by the formerly public Lumber Liquidators, brings in a little over $500 million in revenue. The Container Store's bankruptcy filing projected 2024 and 2025 revenue in the range of $800 million. That gets the total to $2.9 billion or so. On a consolidated basis, the business still appears to be unprofitable, even on an adjusted EBITDA basis. BB&B lost $31 million in full-year fiscal 2025. And while Lemonis has said he sees upward of $4...
旧金山其实毫不复杂，走路就是打开它的节奏，山上山下权做它的分野，所有耐心则体现在排队之中。无论是为一片穹顶还是为一只牛角包，人都愿意站在城市某处，就着阳光舒展一阵 绝没想到我会接连两周，就像一个忙碌的通勤者周末回家那样，重复地从洛杉矶来到旧金山。 这两次，我都住在旧金山当年老钱财、老政治的最大权力中心诺布山（Nob Hill），遗憾举目所见掩饰不住的古老与疲惫。 诺布山在19世纪末发展成为百万富翁聚居地，铁路大亨们在此建造了众多豪宅，鳞次栉比地耸立于山脊之上。 1906年的地震引发大火，夷平了这里的大部分建筑，随后又在废墟上重拾或者新建了许多豪华酒店，包括深受历任美国总统极度青睐的费尔蒙（Fairmont San Francisco）和马克·霍普金斯酒店（InterContinental Mark Hopkins San Francisco），还有与二者重量相似、坐落于山下平地之上的皇宫酒店（Palace Hotel San Francisco）。
The Strait of Hormuz remains closed with Iran still restricting access and preventing energy flows to global markets, the head of the biggest oil producer in the United Arab Emirates said. Tehran says transits must be under its supervision. “Conditional passage is not passage. It is control by another name,” Sultan Al Jaber , chief executive office of Abu Dhabi National Oil Co., said in comments o...
The Strait of Hormuz remains closed with Iran still restricting access and preventing energy flows to global markets, the head of the biggest oil producer in the United Arab Emirates said. Tehran says transits must be under its supervision. “Conditional passage is not passage. It is control by another name,” Sultan Al Jaber , chief executive office of Abu Dhabi National Oil Co., said in comments on LinkedIn. “The Strait must be open — fully, unconditionally and without restriction.” His comments demonstrate how complicated it is to move oil, gas and other vital commodities through the world’s most important waterway, which has been all but shut since the Iran war started at the end of February. The strait needs to be re-opened to allow unrestricted navigation for hundreds of loaded oil tankers to move out of the Persian Gulf and producers in the region to raise output, Al Jaber said. He had last month called Iran’s blockage of the waterway economic terrorism. Iran’s Ports and Maritime Organization has announced two designated safe routes for vessels entering and exiting Hormuz, state-run Nour News said earlier Thursday. It added the routes were established to avoid the potential presence of sea mines in the area. An estimated 230 vessels in total filled with oil and ready to sail, he said. Adnoc itself has loaded cargoes, and will expand production within the constraints of the damage it has suffered to its infrastructure during the war, Al Jaber said, adding the company has a responsibility to its customers once the safety of its employees and crews is assured. Read more: US Asks Allies for Quick Plans to Secure Hormuz After Ceasefire The UAE and other Gulf producers have been forced to shut in production of oil, gas and refined products because of the Hormuz blockage. Oil prices have surged above $100 a barrel and are still hovering near that level after a tentative ceasefire that was meant to include an opening of the Strait. Read more: China Tankers Join Line to...
Wildlife film pioneer has died aged 74 ‘immersed in nature and surrounded by friends’, his representatives have said An award-winning wildlife cameraman renowned for his work with David Attenborough has died aged 74 while trekking in Nepal. Doug Allan, described as a “true pioneer” of wildlife film-making, won several Bafta and Emmy awards and was principal camera operator on a number of BBC serie...
Wildlife film pioneer has died aged 74 ‘immersed in nature and surrounded by friends’, his representatives have said An award-winning wildlife cameraman renowned for his work with David Attenborough has died aged 74 while trekking in Nepal. Doug Allan, described as a “true pioneer” of wildlife film-making, won several Bafta and Emmy awards and was principal camera operator on a number of BBC series including Planet Earth, Frozen Planet and The Blue Planet. Continue reading...