Walmart's 4,600 US stores are supported by a network of 42 regional distribution centers.Of those 42, there's "some level of automation" at 15 of them, CFO John David Rainey said.When a DC is automated, Rainey said it sees as much as a 4X leap in efficiency. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address ...

Ford is ending a controversial program that required dealers to invest between $500,000 and $1 million to sell EVs.EV sales are now open to all Ford dealers without certification requirements.The change comes after Ford over-estimated EV sales growth. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By clic ...

Europe is cracking down on EVs coming from China, imposing new tariffs on imports.  Tesla is reportedly lobbying for a lower rate of tariffs.  The European Commission has confirmed it is exploring Tesla's request. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By clicking “Sign Up”, you accept our Terms o ...

The final results of Tesla's shareholder vote aren't out yet but Elon Musk is celebrating already.Musk said the proposals on his pay deal and to reincorporate in Texas are "passing by wide margins."Winning the vote would be a huge boost for Musk, who was hit with fresh scandals this week. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on ...

By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewNetflix owns streaming. Video games is another story. The company launched a games division in 2021, but so ...

Tesla says Optimus is working on its factory floor.The company said in an X post that two of the humanoid robots had been deployed in a factory.Elon Musk has called Optimus Tesla's most valuable product, but it's still got a long way to go. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By clicking “Sign ...

By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewTesla kicks off its annual shareholder meeting tomorrow — and Elon Musk's $55 billion pay package is hangin ...

By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewTesla appears to be ramping up hiring again, nearly two months after Elon Musk kicked off mass layoffs.The ...

By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewAnother major Tesla shareholder is publicly opposing Elon Musk's multibillion-dollar pay package just days ...

Walmart is enjoying the results of a flywheel effect between three major trends.As inflation attracts more customers to the retailer, its relative costs come down.Lower costs translate to lower prices, bringing in still more customers and repeating the cycle. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address ...