The auto industry, however, appears to be cutting past Fat Tuesday and Lunar New Year parades and bracing for a season of belt-tightening. The pandemic price bubble is deflating, huge EV investments aren’t paying off and China’s economy is going sideways. * Nissan falls hard Tesla and the new season of austerity Elon Musk signaled to Tesla staffers this week that he’s looking into why the electric vehicle company has 140,000 employees – 31% more workers per dollar of revenue than General Motors.
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