Musk says Tesla will be out of money in 10 months without 'hardcore' changes

Musk says Tesla will be out of money in 10 months without 'hardcore' changes

Elon Musk told Tesla employees the company will run out of cash in about 10 months unless “hardcore” cost-cutting efforts are made, according to an all-staff email obtained by Reuters and Electrek. The cost-cutting measures are necessary despite the fact …
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Physical Oil Traders Are Desperate for Crude

From Colombia to the North Sea, the Middle East to Texas, the global market for crude cargoes is becoming tighter by the week as supplies grow more constrained and risks to production spiral. Prices for actual barrels from the North Sea, Asia, and the …
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Endowed scholarship will honor the legacy of beloved Rider accounting professor

After more than four decades of setting the bar high for students and inspiring them to reach it, Associate Professor Alan Sumutka '72 will retire from
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Well, That Was Fast… Bitcoin Drops $1000 in 24 Hours

At noon on Thursday, Bitcoin was worth more than $8,000. At roughly the same time Friday, it was down to $6,900. The volatility that has scared off so many cybercurrency investors over the past few years roared back this week, emphasizing once again that …
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Amazon wants to build a new facility in Lakeland, and it could bring nearly a thousand jobs with it

LAKELAND, Fla. — Amazon wants to build a new 225,000-square foot cargo handling facility in Lakeland, and it could bring an estimated 1,000 jobs with it, according to the city. Gene Conrad, the director of the Lakeland Linder International Airport, says …
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