Showing 1 - 10 of 904
China floods the world with gasoline cars it can't sell at home
Reuters, Published on 02/12/2025
» WARSAW — China's electric vehicle (EV) industry captured half its domestic market in just a few years, crushing sales of gasoline-powered vehicles from once-dominant global automakers.
SCB WEALTH Navigates the “Storm Shift” at Year-End Forum
Published on 28/11/2025
» SCB WEALTH under Siam Commercial Bank (SCB) recently hosted the SCB WEALTH Holistic Wealth Forum 2025 under the theme “Storm Shift”, bringing together top-tier local and global experts to provide clients with a strategic “investment compass” to weather global economic storms. Looking ahead to 2026, the forum identified it as a pivotal year marked by major disruptions—from geopolitical tensions and AI-driven technological shifts to evolving global economic structures. Despite these challenges, Thailand is seen as entering a “golden opportunity” phase, supported by surging foreign investment figures from the Board of Investment (BOI). Foreign investment and capital markets are accelerating efforts to transition Thailand into the New Economy, driven by the Third Wave of innovation in AI, semiconductors, and data centres. BlackRock highlighted AI infrastructure as a major force poised to reshape the global economy. Meanwhile, Hua Seng Heng projected that gold prices will remain on an upward trajectory in 2026, with potential to reach USD 4,700. SCB Fund Management (SCBFM) forecasted Thai baht volatility within a range of THB 31–33 per USD. The forum concluded with insights on family office strategy and the importance of establishing a family constitution to ensure long-term wealth preservation. Experts emphasised the need for neutral mediation mechanisms to protect family wealth from internal disruptions and promote sustainable legacy planning.
Fire ravages supercar warehouse in Nonthaburi, damaging 50 cars worth B190m
Online Reporters, Published on 28/11/2025
» A fierce fire gutted a warehouse storing luxury vehicles in Pak Kret district of Nonthaburi on Friday morning, destroying five supercars and 45 Tesla electric cars, with estimated losses of more than 190 million baht.
Tesla tells suppliers to avoid China-made parts for US cars
Published on 15/11/2025
» Tesla is now requiring its suppliers to exclude China-made components in the manufacturing of its cars in the United States, the Wall Street Journal reported on Friday.
Tesla shareholders voting on Musk’s $1-trillion pay package
AFP, Published on 06/11/2025
» NEW YORK - Tesla shareholders will determine on Thursday the fate of a massive pay package meant to retain Elon Musk long enough to achieve technological breakthroughs he vows will change the world.
Tesla profits tumble on higher costs, tariff drag
AFP, Published on 23/10/2025
» NEW YORK - Tesla reported a hefty drop in profits Wednesday, citing a drag from tariffs and other expenses that more than offset a lift from increased auto sales.
Tesla crashes into power pole, shop in Pattaya
Published on 12/10/2025
» CHON BURI: A white Tesla sedan crashed into a power pole, another parked car and a roadside burger shop in Pattaya’s Nong Prue area early Sunday morning, causing extensive damage but no immediate injuries. Locals were left puzzled after police hurriedly took the driver away from the scene moments after the crash.
Ferrari gears up to launch first EV
Published on 09/10/2025
» Ferrari has showcased the technology behind its first electric vehicle but said on Thursday that petrol and hybrid vehicles would remain at the heart of its supercar lineup until 2030.
Sabine has the science you're after
Life, James Hein, Published on 08/10/2025
» Sabine Hossenfelder is one of the people I regularly watch on the YouTube platform. She is a physicist but also veers into other areas such as artificial intelligence and quantum computing. For her latest video -- In Which I Lose Faith In Quantum Computing -- she makes a number of interesting observations. In short, apart from some very specific applications, quantum computing, even if it is scalable from current technology, has limited application. It also has the potential of bringing down a number of current companies highly focused on this technology, or at least some of their divisions. Artificial intelligence takes up a lot of the space that quantum computing could do well in, but for the present at least, AI does it better. The next 10 years, or less, will be important to see how both of these directions develop, or not. If you are interested at all in physics, maths and occasionally quantum computing, then Sabine Hossenfelder provides some interesting perspectives.
Musk joins 'cancel Netflix' campaign
AFP, Published on 03/10/2025
» SAN FRANCISCO — Elon Musk has urged his 227 million social media followers to cancel their Netflix subscriptions, accusing the streaming platform of promoting what he describes as transgender propaganda.