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	<title>figures &#8211; USA NEWS LIVE</title>
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		<title>CIF Norcal Basketball Playoffs: Tuesday figures, updated schedule</title>
		<link>https://bloggingthree.soflytech.com/2025/03/cif-norcal-basketball-playoffs-tuesday-figures-updated-schedule/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Wed, 05 Mar 2025 06:26:31 +0000</pubDate>
				<category><![CDATA[Sports]]></category>
		<category><![CDATA[Basketball]]></category>
		<category><![CDATA[CIF]]></category>
		<category><![CDATA[figures]]></category>
		<category><![CDATA[Norcal]]></category>
		<category><![CDATA[playoffs]]></category>
		<category><![CDATA[schedule]]></category>
		<category><![CDATA[Tuesday]]></category>
		<category><![CDATA[updated]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=25674</guid>

					<description><![CDATA[Norcal Basketball Regional guys Open department Wednesday games No. 5 Modesto Christian (24-8) against No. 4 Salesian (26-3) in Albany, 7 p.m. Half -final on Saturday No. 5 Modesto Christian or No. 4 Salesians at No. 1 Archbishop Riordan (27-1), 7 p.m. No. 3 Folsom (28-3) in No. 2 by La Salle (27-4), 7 p.m. [&#8230;]]]></description>
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<div>
<h2><b>Norcal Basketball Regional</b></h2>
<h3><b>guys</b></h3>
<p><b>Open department</b></p>
<p><b>Wednesday games</b></p>
<p><span style="font-weight: 400">No. 5 Modesto Christian (24-8) against No. 4 Salesian (26-3) in Albany, 7 p.m.</span></p>
<p><b>Half -final on Saturday</b></p>
<p><span style="font-weight: 400">No. 5 Modesto Christian or No. 4 Salesians at No. 1 Archbishop Riordan (27-1), 7 p.m.</span></p>
<p><span style="font-weight: 400">No. 3 Folsom (28-3) in No. 2 by La Salle (27-4), 7 p.m.</span></p>
<p><b>Division I.</b></p>
<p><b>Tuesday games</b></p>
<p><span style="font-weight: 400">No. 1 Indderkum 69, No. 16 California 43</span></p>
<p><span style="font-weight: 400">No. 8 Oakland Tech 71, No. 9 Redwood 57</span></p>
<p><span style="font-weight: 400">No. 5 San Ramon Valley 61, No. 12 San Joaquin Memorial 56</span></p>
<p><span style="font-weight: 400">No. 13 Liberty 71, No. 4 Clovis North 67</span></p>
<p><span style="font-weight: 400">No. 3 Lincoln-Stockton 57, No. 14 Clovis West 46</span></p>
<p><span style="font-weight: 400">No. 11 Moreau Catholic 84, No. 6 Dougherty Valley 76, OT</span></p>
<p><span style="font-weight: 400">No. 10 St. Ignatius 65, No. 7 Dublin 62</span></p>
<p><span style="font-weight: 400">No. 2 Buchanan-Clovis 59, No. 15 Monterey Trail-Elk Grove 46</span></p>
<p><b>The quarter -finals on Thursday</b></p>
<p><span style="font-weight: 400">No. 8 Oakland Tech (24-5) at No. 1 Indderkum (29-2), 7 p.m.</span></p>
<p><span style="font-weight: 400">No. 13 Liberty (26-3) in San Ramon Valley No. 5 (22-9), 7 p.m.</span></p>
<p><span style="font-weight: 400">No. 11 Moreau Catholic (26-5) at No. 3 Lincoln-Stockton (28-4), 7 p.m.</span></p>
<p><span style="font-weight: 400">No. 10 St. Ignatius (21-8) at No. 2 Buchanan-Clovis (27-5), 7 p.m.</span></p>
<p><b>Division II</b></p>
<p><b>Tuesday games</b></p>
<p><span style="font-weight: 400">No. 1 Rocklin 70, No. 16 Bullard 61</span></p>
<p><span style="font-weight: 400">No. 8 Clayton Valley 59, No. 9 Serra 38</span></p>
<p><span style="font-weight: 400">No. 5 Destiny Christian 58, No. 12 Menlo Atheron 38</span></p>
<p><span style="font-weight: 400">No. 13 Oakland 59, No. 4 Valley Christian 45</span></p>
<p><span style="font-weight: 400">No. 3 Jesuit-Carmichael 64, No. 14 Bellarmine 50</span></p>
<p><span style="font-weight: 400">No. 6 Archbishop Mitty 59, No. 11 Branson 55</span></p>
<p><span style="font-weight: 400">No. 7 Clovis East 67, No. 10 Cardinal Newman 61</span></p>
<p><span style="font-weight: 400">No. 2 Millpites 68, No. 15 Woodcreek 67, OT</span></p>
<p><b>The quarter -finals on Thursday</b></p>
<p><span style="font-weight: 400">No. 8 Clayton Valley (22-12) in No. 1 Rocklin (25-8), 7 p.m.</span></p>
<p><span style="font-weight: 400">No. 13 Oakland (22-8) at No. 5 Destiny Christian (20-12), 7 p.m.</span></p>
<p><span style="font-weight: 400">No. 6 Archbishop Mitty (15-13) at No. 3 Jesuit-Carmichael (23-9), 7 p.m.</span></p>
<p><span style="font-weight: 400">No. 7 Clovis East (20-10) at No. 2 Milpitas (24-4), 7 p.m.</span></p>
<p><b>Division III</b></p>
<p><b>Tuesday games</b></p>
<p><span style="font-weight: 400">No. 1 The King&#39;s Academy 68, No. 16 Pleasant Valley 47</span></p>
<p><span style="font-weight: 400">No. 9 Aptos 67, No. 8 San Domenico 54</span></p>
<p><span style="font-weight: 400">No. 5 Carlmont 58, No. 12 of the Capitan-Merced 49</span></p>
<p><span style="font-weight: 400">No. 4 Universityan Francisco 76, No. 13 Half Moon Bay 66</span></p>
<p><span style="font-weight: 400">No. 14 Enterprise-Redding 46, No. 3 Christopher 40</span></p>
<p><span style="font-weight: 400">No. 6 Palo Alto 61, No. 11 FOHILL-PALO CEDRO 51</span></p>
<p><span style="font-weight: 400">No. 7 Carmel 58, No. 10 Central-Fresno 49</span></p>
<p><span style="font-weight: 400">No. 2 Christian Brothers Sacramento 61, No. 15 Sacred Heart Prep 44</span></p>
<p><b>The quarter -finals on Thursday</b></p>
<p><span style="font-weight: 400">No. 9 Aptos (25-6) on the King&#39;s Academy (24-4), 7 p.m.</span></p>
<p><span style="font-weight: 400">No. 5 Carlmont (18-10) at No. 4 University-San Francisco (22-11), 7 p.m.</span></p>
<p><span style="font-weight: 400">No. 14 Enterprise-Redding (16-13) at No. 6 Palo Alto (23-5), 7 p.m.</span></p>
<p><span style="font-weight: 400">No. 7 Carmel (20-7) at No. 2 Christian Brothers Sacramento (26-7), 7 p.m.</span></p>
<p><b>Division IV</b></p>
<p><b>Tuesday games</b></p>
<p><span style="font-weight: 400">No. 1 Priorat 64, No. 16 Washington-San Francisco 53</span></p>
<p><span style="font-weight: 400">No. 8 NATOMAS 84, No. 9 Piedmont 71</span></p>
<p><span style="font-weight: 400">No. 5 Berkeley 64, No. 12 Ripon Christian 61</span></p>
<p><span style="font-weight: 400">No. 4 Palma 52, No. 13 San Mateo 47</span></p>
<p><span style="font-weight: 400">No. 3 Santa Cruz 68, No. 14 Venture Academy 56</span></p>
<p><span style="font-weight: 400">No. 6 St. Patrick-St. Vincent 78, No. 11 Burbank 57</span></p>
<p><span style="font-weight: 400">No. 7 House Roble 49, No. 10 Twelve Bridges 43</span></p>
<p><span style="font-weight: 400">No. 15 Lincoln-San Francisco 77, No. 2 Westmont 66</span></p>
<p><b>The quarter -finals on Thursday</b></p>
<p><span style="font-weight: 400">No. 8 NATOMAS (25-8) on Priorat No. 1 (22-6), 7 p.m.</span></p>
<p><span style="font-weight: 400">No. 5 Berkeley (16-15) at No. 4 Palma (21-7), 7 p.m.</span></p>
<p><span style="font-weight: 400">No. 6 St. Patrick-St. Vincent (16-13) at No. 3 Santa Cruz (20-11), 7 p.m.</span></p>
<p><span style="font-weight: 400">No. 15 Lincoln-San Francisco (22-9) at No. 7 Casa Rauble (29-4), 7 p.m.</span></p>
<p><b>Division V</b></p>
<p><b>Tuesday games</b></p>
<p><span style="font-weight: 400">No. 1 Prep-Redding 51 of the University, No. 16 Durham 49</span></p>
<p><span style="font-weight: 400">No. 8 Girdley 41, No. 9 Bret Harte 40</span></p>
<p><span style="font-weight: 400">No. 12 Unraut 70, No. 5 Middletown 63</span></p>
<p><span style="font-weight: 400">No. 4 Fortune Early College 80, No. 13 Portola 57</span></p>
<p><span style="font-weight: 400">No. 3 Argonaut 72, No. 14 Chowchilla 49</span></p>
<p><span style="font-weight: 400">No. 6 Alhambra 51, No. 11 West Valley 39</span></p>
<p><span style="font-weight: 400">No. 7 International-San Francisco 58, No. 10 Orland 46</span></p>
<p><span style="font-weight: 400">No. 15 Sonoma Valley 73, No. 2 Woodland Christian 61</span></p>
<p><b>The quarter -finals on Thursday</b></p>
<p><span style="font-weight: 400">No. 8 Girdley (25-5) at No. 1 University Prep-Redding (25-8), 7 p.m.</span></p>
<p><span style="font-weight: 400">No. 12 weeds (25-6) at Fortune Early College No. 4 (22-8), 7 p.m.</span></p>
<p><span style="font-weight: 400">No. 6 Alhambra (17-14) at No. 3 Argonaut (26-7), 7 p.m.</span></p>
<p><span style="font-weight: 400">No. 15 SONOMA Valley (18-15) at No. 7 International-San Francisco (21-12), 7 p.m.</span></p>
<p><b>Division VI</b></p>
<p><b>Wednesday games</b></p>
<p><span style="font-weight: 400">No. 8 Mendocino (18-8) at No. 1 Redding Christian (27-3), 7 p.m.</span></p>
<p><span style="font-weight: 400">No. 5 St. Vincent de Paul (19-11) in No. 4 Sacramento Waldorf (27-3), 7 p.m. </span></p>
<p><span style="font-weight: 400">No. 6 Biggs (18-9) in No. 3 St. Bernard&#39;s-Eureka (22-5), 7 p.m.</span></p>
<p><span style="font-weight: 400">No. 7 Point Arena (21-4) at No. 2 Stone Ridge Christian (23-8), 7 p.m. </span></p>
<h3><b>Girl</b><span style="font-weight: 400"> </span></h3>
<p><b>Open department</b></p>
<p><b>Wednesday games</b></p>
<p><span style="font-weight: 400">No. 5 McClatchy (24-6) at No. 4 Acalanes (27-2), 7 p.m.</span></p>
<p><span style="font-weight: 400">No. 6 Pinewood (23-4) in San Ramon Valley No. 3 (27-3), 7 p.m.</span></p>
<p><b>Half -final on Saturday</b></p>
<p><span style="font-weight: 400">No. 5 McClatchy or No. 4 Acalanes at No. 1 Archbishop Mitty (25-3), 7 p.m.</span></p>
<p><span style="font-weight: 400">No. 6 Pinewood or No. 3 San Ramon Valley in No. 2 Clovis West (32-0), 7 p.m.</span></p>
<p><b>Division I.</b></p>
<p><b>Tuesday games</b></p>
<p><span style="font-weight: 400">No. 16 San Joaquin Memorial 84, No. 1 Folsom 74</span></p>
<p><span style="font-weight: 400">No. 9 Piedmont 60, No. 8 Oakland Tech 29</span></p>
<p><span style="font-weight: 400">No. 5 Priory 50, No. 12 Central-Fresno 45</span></p>
<p><span style="font-weight: 400">No. 4 St. Mary&#39;s-Stockton 67, No. 13 Pleasant Valley-Chico 43</span></p>
<p><span style="font-weight: 400">NO. 3 Carondelet 62, No. 14 St. Francis 57</span></p>
<p><span style="font-weight: 400">No. 11 Bishop O&#39;Dowd 45, No. 6 Archbishop Riordan 39</span></p>
<p><span style="font-weight: 400">No. 7 Cardinal Newman 68, No. 10 St. Ignatius 47</span></p>
<p><span style="font-weight: 400">No. 2 Clovis 63, No. 15 OAK Ridge 52</span></p>
<p><b>The quarter -finals on Thursday</b></p>
<p><span style="font-weight: 400">No. 16 San Joaquin Memorial (23-6) in No. 9 Piedmont (24-5), 7 p.m. </span></p>
<p><span style="font-weight: 400">No. 5 Priorat (23-5) at No. 4 St. Mary&#39;s-Stockton (18-13), 7 p.m.</span></p>
<p><span style="font-weight: 400">No. 11 Bishop O&#39;Dowd (20-8) at No. 3 Carondelet (26-6), 7 p.m.</span></p>
<p><span style="font-weight: 400">No. 7 Cardinal Newman (26-5) at No. 2 Clovis (25-5), 7 p.m. </span></p>
<p><b>Division II</b></p>
<p><b>Tuesday games</b></p>
<p><span style="font-weight: 400">No. 1 Caruthers (22-6), bye</span></p>
<p><span style="font-weight: 400">No. 8 Sacred Heart Cathedral 44, No. 9 Christian Brothers 40</span></p>
<p><span style="font-weight: 400">No. 5 California 58, No. 12 cats 40</span></p>
<p><span style="font-weight: 400">No. 13 Redwood 66, No. 4 Lincoln-Stockton 52</span></p>
<p><span style="font-weight: 400">No. 3 Colfax 64, No. 14 Clovis East 37</span></p>
<p><span style="font-weight: 400">No. 6 Salesian 48, No. 11 Whitney-Rocklin 41</span></p>
<p><span style="font-weight: 400">No. 7 Atwater 58, No. 10 Valley Christian 39</span></p>
<p><span style="font-weight: 400">No. 2 Sierra Pacific-Hanford 66, No. 15 Grant-Sacramento 61</span></p>
<p><b>The quarter -finals on Thursday</b></p>
<p><span style="font-weight: 400">No. 8 Sacred Heart Cathedral (15-13) at No. 1 Caruthers (23-6), 7 p.m. </span></p>
<p><span style="font-weight: 400">No. 13 Redwood (24-9) at No. 5 California (22-11), 7 p.m. </span></p>
<p><span style="font-weight: 400">No. 6 Salesian (21-10) at No. 3 Colfax (27-6), 7 p.m. </span></p>
<p><span style="font-weight: 400">No. 7 Atwater (28-5) at No. 2 Sierra Pacific-Hanford (24-8), 7 p.m. </span></p>
<p><b>Division III</b></p>
<p><b>Tuesday games</b></p>
<p><span style="font-weight: 400">No. 1 Immanuel-Reedley 66, No. 16 East Union-Manca 48</span></p>
<p><span style="font-weight: 400">No. 8 Chico 50, No. 9 Dougherty Valley 47</span></p>
<p><span style="font-weight: 400">No. 12 Menlo-Atherton 53, No. 5 Ponderosa-Shingle Springs 49</span></p>
<p><span style="font-weight: 400">No. 4 Justin-Siena 73, No. 13 Evergreen Valley 39</span></p>
<p><span style="font-weight: 400">No. 3 Marin Catholic 61, No. 14 Christopher 44</span></p>
<p><span style="font-weight: 400">No. 6 Menlo School 45, No. 11 St. Bernard&#39;s-Eureka 41</span></p>
<p><span style="font-weight: 400">No. 7 Moreau Catholic 45, No. 10 University Prep-Redding 39</span></p>
<p><span style="font-weight: 400">No. 2 Shasta-Redding 58, No. 15 Harker 48</span></p>
<p><b>The quarter -finals on Thursday</b></p>
<p><span style="font-weight: 400">No. 8 Chico (17-13) at No. 1 Immanuel-Reedley (28-5), 7 p.m. </span></p>
<p><span style="font-weight: 400">No. 12 Menlo-Atherton (20-8) at No. 4 Justin-Siena (28-3), 7 p.m.</span></p>
<p><span style="font-weight: 400">No. 6 Menlo School (19-8) at Marin Catholic (22-11) No. 3, 7 p.m., 7 p.m. </span></p>
<p><span style="font-weight: 400">No. 7 Moreau Catholic (23-8) at No. 2 Shasta-Redding (21-5), 7 p.m. </span></p>
<p><b>Division IV</b></p>
<p><b>Tuesday games</b></p>
<p><span style="font-weight: 400">No. 1 Liberty Ranch-Galt 41, No. 16 Colusa 37</span></p>
<p><span style="font-weight: 400">No. 9 Lowell-SF 47, No. 8 Notre Dame Belmont 37</span></p>
<p><span style="font-weight: 400">No. 5 Mills 49, No. 12 Bret hard 30</span></p>
<p><span style="font-weight: 400">No. 13 Castilleja 44, No. 4 Riverbank 43</span></p>
<p><span style="font-weight: 400">No. 3 Rio Linda 47, No. 14 Fortuna 38</span></p>
<p><span style="font-weight: 400">No. 6 Marysville 55, No. 11 Prospect 40</span></p>
<p><span style="font-weight: 400">No. 7 West Campus-Sacramento 36, No. 10 Notre Dame San Jose 27</span></p>
<p><span style="font-weight: 400">No. 2 Half Moon Bay 52, No. 15 St. Patrick-St. Vincent 45</span></p>
<p><b>The quarter -finals on Thursday</b></p>
<p><span style="font-weight: 400">No. 9 Lowell-SF (19-7) at No. 1 Liberty Ranch-Galt (30-2), 7 p.m.</span></p>
<p><span style="font-weight: 400">NO. 13 Castilleja (22-3) at No. 5 million (18-10), 7 p.m. </span></p>
<p><span style="font-weight: 400">No. 6 Marysville (24-8) at No. 3 Rio Linda (28-4), 7 p.m. </span></p>
<p><span style="font-weight: 400">No. 7 West Campus-Sacramento (25-5) in No. 2 Half Moon Bay (8-7), 7 p.m. </span></p>
<p><b>Division V</b></p>
<p><b>Tuesday games</b></p>
<p><span style="font-weight: 400">No. 1 summit Shasta 64, No. 16 Skyline 55</span></p>
<p><span style="font-weight: 400">No. 9 Washington-San Francisco 51, No. 8 Modoc 45</span></p>
<p><span style="font-weight: 400">No. 5 Orland 65, No. 12 Cloverdale 61</span></p>
<p><span style="font-weight: 400">No. 4 Encinal 67, No. 13 Argonaut 36</span></p>
<aside class="related left"></aside>
<p><span style="font-weight: 400">No. 3 Head-Royce 59, No. 14 Fortune Early College 39</span></p>
<p><span style="font-weight: 400">No. 11 Durham 59, No. 6 West Valley-Cottonwood 42</span></p>
<p><span style="font-weight: 400">No. 7 Trinity-Weaverville 50, No. 10 Sonoma Valley 41</span></p>
<p><span style="font-weight: 400">No. 2 Woodland Christian 54, No. 15 Fort Bragg 40</span></p>
<p><b>The quarter -finals on Thursday</b></p>
<p><span style="font-weight: 400">No. 9 Washington-San Francisco (12-6) on No. 1 summit Shasta (18-6), 7 p.m. </span></p>
<p><span style="font-weight: 400">No. 5 Orland (23-8) at No. 4 Encinal (20-9), 7 p.m. </span></p>
<p><span style="font-weight: 400">No. 11 Durham (20-8) at No. 3 Head-Royce (8-4), 7 p.m. </span></p>
<p><span style="font-weight: 400">No. 7 Trinity-Weaverville (24-7) at No. 2 Woodland Christian (27-6), 7 p.m. </span></p>
<p><b>Division VI</b></p>
<p><b>Wednesday games</b></p>
<p><span style="font-weight: 400">No. 8 Fall River-McArthur (13-13) in No. 1 Ferndale (5-9), 7 p.m.</span></p>
<p><span style="font-weight: 400">No. 5 Cornerstone Christian (20-10) at No. 4 Sacramento Adventist (21-7), 7 p.m. </span></p>
<p><span style="font-weight: 400">No. 6 St. Vincent de Paul (17-12) at No. 3 Weed (25-6), 7 p.m.</span></p>
<p><span style="font-weight: 400">No. 7 Round Valley (17-5) at No. 2 Faith Christian-Yuba City (26-2), 7 p.m. </span></p>
<p>Originally published: <time datetime="2025-03-04 21:40:20">March 4, 2025 at 9:40 p.m. PST</time></p>
</div>
<p><em>image credit : www.mercurynews.com</em></p>
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		<item>
		<title>Tesla (TSLA) vehicle deliveries and production figures within the second quarter</title>
		<link>https://bloggingthree.soflytech.com/2024/07/tesla-tsla-vehicle-deliveries-and-production-figures-within-the-second-quarter/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Tue, 02 Jul 2024 14:52:46 +0000</pubDate>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[deliveries]]></category>
		<category><![CDATA[figures]]></category>
		<category><![CDATA[production]]></category>
		<category><![CDATA[quarter]]></category>
		<category><![CDATA[Tesla]]></category>
		<category><![CDATA[TSLA]]></category>
		<category><![CDATA[vehicle]]></category>
		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=7937</guid>

					<description><![CDATA[Tesla on Tuesday Posted Its vehicle production and delivery numbers for the second quarter of 2024 exceeded analysts&#39; expectations. Here are an important figures: Total deliveries Q2 2024: 443,956 vehicles Total production Q2 2024: 410,831 vehicles Tesla&#39;s numbers beat Wall Street estimates. Analysts expected Tesla deliveries to achieve 439,000 within the three months ended June [&#8230;]]]></description>
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<div class="group">
<p>Tesla on Tuesday <a href="https://ir.tesla.com/press-release/tesla-vehicle-production-deliveries-and-date-financial-results-webcast-second-quarter-2024" target="_blank" rel="noopener">Posted</a> Its vehicle production and delivery numbers for the second quarter of 2024 exceeded analysts&#39; expectations.</p>
<p>Here are an important figures:</p>
<p>Total deliveries Q2 2024: 443,956 vehicles</p>
<p>Total production Q2 2024: 410,831 vehicles</p>
<p>Tesla&#39;s numbers beat Wall Street estimates. Analysts expected Tesla deliveries to achieve 439,000 within the three months ended June 30, based on a consensus of estimates compiled by FactSet StreetAccount. Total deliveries within the second quarter fell 4.8% from 466,140 a 12 months earlier, but were 14.8% higher than the primary quarter of 2024.</p>
<p>The electric automobile maker&#39;s shares rose greater than 8 percent in early trading on better-than-expected delivery reports.</p>
<p>Before the report, Tesla shares had fallen 16% for 2024, although they rose 6% on Monday.</p>
<p>Deliveries are probably the most accurate estimate of sales figures released by the electrical automobile maker. Tesla groups deliveries into two categories &#8211; Model 3 and Model Y and all other vehicles &#8211; but doesn&#8217;t disclose numbers for individual models or specific regions.</p>
<p>Tesla&#39;s current product range includes the favored Model Y crossover business vehicles, the Model 3 sedans and the brand new Cybertruck pickup, in addition to the Model X SUV and the Model S flagship sedan.</p>
<p>In April, Tesla reported an 8.5% drop in first-quarter deliveries to 386,810, the primary annual decline since 2020. Weeks later, the corporate reported a 13% year-over-year decline in revenue, &#8220;primarily due to the lower average selling price.&#8221;</p>
<p>Tesla said the sluggish sales were partly on account of temporary factory closures in response to a suspected arson attack on Tesla&#39;s factory in Germany and delivery delays because of this of the conflicts within the Red Sea.</p>
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<p>However, the decline in sales also correlated with Tesla’s aging vehicle range, increasing competition from other electric automobile manufacturers, especially in China, and brand erosion, which <a href="https://www.axios.com/2024/05/23/tesla-s-reputation-slumps-whats-next" target="_blank" rel="noopener">a recent survey</a> This is partly on account of the “escapades” and “political tirades” of CEO Elon Musk.</p>
<p>Tesla has offered quite a few discounts and other incentives this 12 months to spice up sales.</p>
<p>In China, Tesla currently offers a <a href="https://cnevpost.com/2024/07/01/tesla-extends-0-interest-loan-incentive-china/" target="_blank" rel="noopener">interest-free loan</a> as an incentive to get customers to purchase a Model 3 or Model Y by July 31. According to the 2023 Annual Report <a href="https://www.sec.gov/Archives/edgar/data/1318605/000162828024002390/tsla-20231231.htm" target="_blank" rel="noopener">submission</a>Tesla generated roughly $21.75 billion of its total revenue in China, representing 22.5% of total revenue.</p>
<p>Wells Fargo analyst Colin Langan issued a report on Monday saying the corporate fears &#8220;declining delivery growth due to lower demand and lower returns from price cuts.&#8221; He recommends selling Tesla shares.</p>
<p>Wells Fargo expects Tesla&#39;s automotive gross margins (excluding environmental credits) to say no later this 12 months given the &#8220;likelihood of further price cuts and lower sales.&#8221;</p>
<p>Investors&#39; focus now turns to Tesla&#39;s second-quarter earnings report later this month and a separate marketing event planned for August where the corporate plans to unveil the design of a special robotaxis, or &#8220;CyberCab.&#8221;</p>
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<p><em>image credit : www.cnbc.com</em></p>
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		<title>Tesla has cut at the least 14% of its workforce this 12 months, internal figures show</title>
		<link>https://bloggingthree.soflytech.com/2024/06/tesla-has-cut-at-the-least-14-of-its-workforce-this-12-months-internal-figures-show/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Sat, 22 Jun 2024 02:06:21 +0000</pubDate>
				<category><![CDATA[Technology]]></category>
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		<category><![CDATA[Tesla]]></category>
		<category><![CDATA[workforce]]></category>
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		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=7000</guid>

					<description><![CDATA[Tesla&#39;s Massive job cuts since 2023 have reduced the group&#39;s global workforce to simply over 121,000 jobs, including temporary staff, internal records show. The automaker has thus cut greater than 14% of its workforce to this point this 12 months. The latest figure isn&#8217;t based on precise salary data, but on the number of individuals [&#8230;]]]></description>
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<div id="RegularArticle-ArticleBody-5" data-module="ArticleBody" data-test="articleBody-2" data-analytics="RegularArticle-articleBody-5-2"><span class="HighlightShare-hidden" style="top:0;left:0"></span></p>
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<p><span class="QuoteInBody-quoteNameContainer" data-test="QuoteInBody" id="RegularArticle-QuoteInBody-1">Tesla&#39;s<span class="QuoteInBody-inlineButton"><span class="AddToWatchlistButton-watchlistContainer" id="-WatchlistDropdown" data-analytics-id="-WatchlistDropdown"><button class="AddToWatchlistButton-watchlistButton" aria-label="Add To Watchlist" data-testid="dropdown-btn"><span class="AddToWatchlistButton-addWatchListFromTag"></span></button></span></span></span>    Massive job cuts since 2023 have reduced the group&#39;s global workforce to simply over 121,000 jobs, including temporary staff, internal records show. The automaker has thus cut greater than 14% of its workforce to this point this 12 months.</p>
<p>The latest figure isn&#8217;t based on precise salary data, but on the number of individuals on Tesla&#39;s email distribution list for everybody as of June 17, a count obtained by CNBC.</p>
<p>Tesla CEO Elon Musk sent an email to &#8220;everyone&#8221; that day, telling employees, &#8220;Over the next few weeks, Tesla will conduct a comprehensive review to grant stock options for exceptional performance.&#8221; He added that options can even be awarded to &#8220;anyone who does something exceptional for the company.&#8221; Tesla&#39;s plan to reinstate options after previously suspending performance-based stock awards was first reported by <a href="https://www.reuters.com/business/autos-transportation/musk-plans-stock-option-grants-teslas-high-performers-sources-say-2024-06-18/" target="_blank" rel="noopener">Reuters</a>.</p>
<p>Tesla&#39;s layoff announcement got here in April, when Musk sent a company-wide email informing employees that the automaker would cut greater than 10% of its workforce. By then, layoffs were already underway.</p>
<p>Bloomberg <a href="https://www.bloomberg.com/news/articles/2024-04-30/elon-musk-plans-more-job-cuts-at-tesla-as-two-senior-executives-leave" target="_blank" rel="noopener">reported</a> that Musk was targeting a 20% workforce reduction. Musk hinted that the number might be even higher. On the corporate&#39;s first-quarter earnings call in late April, he said Tesla had reached a 25% to 30% inefficiency level after &#8220;a long period of prosperity&#8221; that began in 2019.</p>
<p>&#8220;We&#39;ve made some corrections over time,&#8221; Musk said in the decision. &#8220;But it&#39;s time to reorganize the company for the next phase of growth.&#8221;</p>
<p>In a <a href="https://www.sec.gov/Archives/edgar/data/1318605/000162828024002390/tsla-20231231.htm" target="_blank" rel="noopener">submission</a> For the fourth quarter, Tesla reported that its global headcount was 140,473 at the tip of December, a figure that features salaried and hourly staff. The Everyone email list also includes temporary staff. At around 121,000, that means Tesla has reduced its total workforce by at the least 14% for the reason that end of 2023.</p>
<p>Tesla didn&#8217;t immediately reply to a request for comment.</p>
<p>In at the least one case, Musk&#39;s downsizing went too far. Tesla disbanded its Supercharging team, which consisted of lots of of employees, including its leader, Rebecca Tinucci. The company later rehired a few of those people, based on posts on LinkedIn.</p>
<p>The wider cuts coincide with a decline in sales at Tesla as the corporate faces an ageing range of electrical vehicles and increasing competition in China, in addition to a deterioration of the brand that has <a href="https://www.axios.com/2024/05/23/tesla-s-reputation-slumps-whats-next" target="_blank" rel="noopener">current survey</a> This is partly as a result of Musk&#39;s &#8220;antics&#8221; and &#8220;political tirades.&#8221; For the primary quarter, Tesla reported a 9% decline in annual revenue, the most important drop since 2012.</p>
<p>Across the auto industry, growth in electric vehicle sales slowed this 12 months after two years of rapid growth. The decline was particularly sharp at Tesla, whose Model Y was the world&#39;s best-selling automobile in 2023.</p>
<p>A Tesla worker, who asked to not be identified to debate sensitive internal matters, told CNBC that some factory staff feared there might be more layoffs in July, depending on second-quarter results.</p>
<p>Tesla is predicted to release a second-quarter production and delivery report in the primary week of July.</p>
<p>Musk has promised investors that the corporate will soon release a brand new &#8220;master plan,&#8221; its fourth, and that Tesla will unveil its design for a &#8220;special robotaxi&#8221; on August 8.</p>
<p>Tesla shares were little modified at $181.71 on Friday. The stock has fallen 27 percent this 12 months, while the Nasdaq has risen 18 percent.</p>
<p><strong>REGARD:</strong> Tesla shareholder vote a positive sign for the share</p>
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<p><em>image credit : www.cnbc.com</em></p>
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		<title>The current inflation figures are excellent news &#8211; even when they offer many individuals heartburn</title>
		<link>https://bloggingthree.soflytech.com/2024/05/the-current-inflation-figures-are-excellent-news-even-when-they-offer-many-individuals-heartburn/</link>
		
		<dc:creator><![CDATA[chandankumarsoft]]></dc:creator>
		<pubDate>Thu, 16 May 2024 00:44:50 +0000</pubDate>
				<category><![CDATA[News]]></category>
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		<category><![CDATA[give]]></category>
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		<category><![CDATA[heartburn]]></category>
		<category><![CDATA[inflation]]></category>
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		<guid isPermaLink="false">https://bloggingthree.soflytech.com/?p=3583</guid>

					<description><![CDATA[The US economy is slowing, but not crashing. In the dark sciencethat&#39;s excellent news. That&#39;s the message I took away from it current inflation datapublished on May 15, 2024, that showed US consumer prices rise 3.4% within the 12 months ending April 2024. This is a slight decrease from the three.5% year-on-year increase reported in [&#8230;]]]></description>
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<p>The US economy is slowing, but not crashing.  In <a href="https://www.investopedia.com/terms/d/dismalscience.asp">the dark science</a>that&#39;s excellent news. </p>
<p>That&#39;s the message I took away from it <a href="https://www.bls.gov/news.release/cpi.nr0.htm">current inflation data</a>published on May 15, 2024, that showed <a href="https://www.reuters.com/markets/us/us-consumer-prices-rise-less-than-expected-april-core-cpi-slows-2024-05-15/">US consumer prices rise 3.4% </a> within the 12 months ending April 2024. This is a slight decrease from the three.5% year-on-year increase reported in March 2024.</p>
<p>In other words, prices are rising, but not as much as they used to.  That&#39;s excellent news for buyers.  The US economy is much from that <a href="https://www.cnbc.com/2023/10/12/heres-the-inflation-breakdown-for-september-2023-in-one-chart.html">9.1% annual inflation</a> seen in June 2022.</p>
<p>While energy and housing prices rose in April, these increases were relatively modest.  Meanwhile, food prices remained stable in comparison with last 12 months and even fell by 0.2% in comparison with March.  In addition, automotive buyers were lucky: prices for brand spanking new and used cars fell 0.4% and 6.9%, respectively, in April.</p>
<p>The “core” consumer price index – <a href="https://www.clevelandfed.org/center-for-inflation-research/consumer-price-data">This doesn&#8217;t take volatile food and energy prices under consideration</a> and is usually considered to be higher at predicting future inflation than the so-called “overall” CPI numbers – has also fallen barely.  After recording a year-on-year increase of three.9% in January and three.8% in February and March, it slowed to three.6% in April. </p>
<p>So the general report is comparatively positive: it didn&#8217;t show the rise in inflation that many consumers feared, and the reported inflation rates were actually barely below market expectations.</p>
<p><a href="https://scholar.google.com/citations?user=rRWXpyYAAAAJ&#038;hl=en">As an economist</a>I see this data report as further evidence that economic growth is slowing &#8211; in a superb way.  The economy grew by a <a href="https://www.bea.gov/data/gdp/gross-domestic-product">lower than expected rate of 1.6%</a> in the primary quarter of 2024, in accordance with the most recent gross domestic product data from the Bureau of Economic Analysis.  The <a href="https://www.bls.gov/news.release/empsit.nr0.htm">latest job report</a> also showed a <a href="https://www.cnbc.com/2024/05/03/jobs-report-april-2024-us-job-growth-totaled-175000-in-april.html">Slowdown in hiring</a>and the most recent data on vacancies <a href="https://www.bls.gov/opub/ted/2024/job-openings-decreased-1-1-million-over-the-year-ended-march-2024.htm">also showed a slowdown within the labor market</a>. </p>
<h2>Why the Fed is watching closely</h2>
<p>The predominant goal of the Federal Reserve is that this <a href="https://www.federalreserve.gov/monetarypolicy/monetary-policy-what-are-its-goals-how-does-it-work.htm">discover a balance between two goals</a>: Maintaining stable employment and ensuring price stability.  This is finished by controlling and influencing rates of interest. </p>
<p>Lowering rates of interest stimulates the economy, which promotes economic growth and job creation &#8211; but that may fuel inflation.  An rate of interest increase has the alternative effect: economic growth slows, which curbs inflation but additionally hinders employment.</p>
<p>When inflation began to rise dramatically within the wake of the COVID-19 pandemic, the Federal Reserve responded with a two-year campaign of rate of interest hikes &#8211; currently at a 23-year high.  Because this raises the price of borrowing, investors and potential homebuyers are fascinated about seeing the Fed lower rates of interest.</p>
<p>After the May report, I don&#39;t think the Federal Reserve shall be in a rush to chop rates of interest from their current high levels.  There is a slowdown, however the slowdown is so regular that it shouldn&#8217;t be dragging prices down at a rapid rate.</p>
<p>This is undoubtedly frustrating for the Fed – the one&#8230; <a href="https://www.federalreserve.gov/faqs/economy_14400.htm">Inflation goal of two%</a> – in addition to for potential home buyers.  But it&#8217;s evidence that the economy is currently stable.  Inflation shouldn&#8217;t be rising and consumer spending remains to be rising, in accordance with the Bureau of Economic Analysis.  March, <a href="https://www.bea.gov/data/income-saving/personal-income">Consumer spending increased 5.8% 12 months over 12 months</a>a rise from the February rate of 4.9%. </p>
<h2>All eyes are on the American buyer</h2>
<p>For the longer term we hope for a “<a href="https://www.imf.org/en/Blogs/Articles/2024/01/30/global-economy-approaches-soft-landing-but-risks-remain">soft landing</a>“ — in economist jargon, if the Fed slows inflation without triggering a recession — will depend largely on U.S. buyers.  Consumer spending balances out <a href="https://fred.stlouisfed.org/series/DPCERE1Q156NBEA">about two thirds</a> of US gross domestic product. </p>
<p>If American shoppers suddenly stop spending, inflation will slow significantly, job opportunities will disappear and the gross domestic product could shrink.  At that time, the Fed will turn its attention from inflation to stimulus and rates of interest will fall.</p>
<p>I mention this because a recent report from the Federal Reserve Bank of St. Louis showed that&#8230; <a href="https://www.stlouisfed.org/on-the-economy/2024/may/broad-continuing-rise-us-credit-card-debt-delinquency">Worrying rise in consumer bank card default rates</a>.  If much of the recent increase in consumer spending is on account of Americans relying more heavily on bank cards, then the economy could also be on shakier ground than it seems.</p>
<p>The excellent news is that crime rates are still well below where they were last 12 months <a href="https://www.federalreservehistory.org/essays/great-recession-of-200709">Great Recession that lasted from December 2007 to June 2009</a>.  While this data could also be worrying, there isn&#8217;t any must panic just yet.</p>
<p>In short: Even if inflation rates are still not within the Fed&#39;s favor, the economy appears to be on a stable path &#8211; for now.</p>
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<p><em>image credit : theconversation.com</em></p>
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