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Tesla reported record quarterly results

According to Tesla announcement on the 20th (local time), the company has posted profits for the third consecutive quarter. Tesla has avoided the semiconductor debt crisis by developing its own semiconductors and software, while automakers around the world are experiencing severe production disruptions due to a semiconductor shortage. Tesla announced on the 9th that it
Economy News

Italy: Automobile production fell by 37.4%

According to figures released by the National Statistics Institute (Istat) on Monday, the decline in automobile production has accelerated sharply from July’s 7.4% drop. Italian automobile production dropped 37.4% in August. This decrease is mostly due to the global shortage of semiconductors, according to data released Monday by the Institute. According to figures