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Added on the 08/03/2019 10:26:06 - Copyright : Wochit
Odd Andersen/AFP via Getty Images Tesla had set a goal of 500,000 deliveries for 2020. On Saturday, it announced it missed the target by 450 vehicles. Some analysts had said the ambitious target could be tough to reach because of a slump in auto sales during the coronavirus pandemic. The company reached its production goal for the year, making a total of 509,737 vehicles. It also said production of its mid-size SUV, the Model Y, has begun in Shanghai. Consumers cut back spending on cars during the pandemic and Tesla's sales in the first half of 2020 dropped 15% from the second half of 2019.
On Tuesday, global stocks jumped after Donald Trump authorized President-elect Joe Biden's presidential transition process to begin. On Monday, Trump took a significant step toward acknowledging the election result. However, Business Insider reports, he is still convinced he and his allies can continue to contest the outcome. Another key factor driving the boost is Biden's planned nomination for former Federal Reserve chair Janet Yellen as Treasury Secretary. AstraZeneca's vaccine is helping drive oil prices to their highest levels since March.
Tobias Schwarz/Pool via REUTERS Elon Musk sent an email to his employees laying out an ambitious goal: building 500,000 vehicles in 2020. Tesla needs to produce 170,000 vehicles in the fourth quarter — a 17% increase over Q3 — to reach that mark. Musk's email comes after Tesla topped analyst expectations for third-quarter vehicle deliveries. "It will be tough but super exciting if we can exceed 500,000 cars made in a single year for the first time in Tesla history," Musk told his staff in an email reported by Electrek.
Beijing/Shanghai, Sep 2 (EFE/EPA).- Before TikTok - the application United States President Donald Trump wants to veto in his country - was a global phenomenon, it was already popular in China by its original name, Douyin, with more than 500 million users.Like TikTok, the Chinese platform allows you to create and upload short 15-second videos by adding music and endless details but, unlike its international version, Douyin is much more advanced in the integration of electronic commerce. (Camera: ROMAN PILIPEY/ALEXANDER PLAVEVSKI/JAVIER GARCÍA).SHOT LIST: DOUYIN AND TIKTOK USERS IN BEIJING AND SHANGHAI, CHINA. SOUND BITES: YUAN MING, A 37-YEAR-OLD ADVERTISING AGENT; ZU TIEIXONG, AN ACTOR AND USER WHO HAS 4 MILLION FOLLOWERS ON THE CHINESE PLATFORM; YOU BI, PRODUCER AND ACTRESS; AND FANG ZHENJIE, INFLUENCER. (IN CHINESE).TRANSLATION: YUAN MING - Banning is not a good thing. TikTok and Douyin are fun, they are not political. In Douyin you can see many different personalities, and none are related to politics. People like it because it is short and fun. (02:12-02:22).ZU TIEIXONG - Douyin is very interesting. At the beginning, it was only for young people. But since a few years ago, it has become very popular for everyone. It is very diverse. (02:22-02:44).YOU BI - The US is afraid of Chinese culture spreading in the country and of its influence. Chinese students are everywhere. In Southeast Asia they have many things in common and they accept it but the US has afraid of losing their own culture. (02:44-03:16). FANG ZHENJIE - In China we have a saying: we must concentrate on one thing, what we do, if you do many things at the same time it is not professional. It is like a factory. (05:01-05:14).
Elon Musk attended the launch of his firm's new Shanghai factory and started selling the first China-made Model 3 sedans.
Argentina's President Javier Milei visits the Tesla factory in Austin, United States, with Tesla CEO Elon Musk. IMAGES
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