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Despite price cars, Tesla is making more cars than it can sell

You need to wait for more than a year to buy a Toyota, but Tesla vehicles have become abundant.

https://observer.com/2023/04/tesla-q1-delivery-price-cuts/

Do latest Tesla sales numbers suggest more price cuts?

Gokhan Apr 3, 2023 Read More Replies: 55

Oil Embargo II or more

Source: Saudis, other oil giants announce surprise production cuts | AP News

DUBAI, United Arab Emirates (AP) — Saudi Arabia and other major oil producers on Sunday announced ... cuts totaling up to 1.15 million barrels per day from May until the end of the year, a move that could raise prices worldwide.

Higher oil prices would help fill Russian President Vladimir Putin’s coffers as his country wages war on Ukraine and force Americans and others to pay even more at the pump amid worldwide inflation.

It was also likely to further strain ties with the United States, which has called on Saudi Arabia and other allies to increase production as it tries to bring prices down and squeeze Russia’s finances.

The production cuts alone could push U.S. gasoline prices up by roughly 26 cents per gallon, in addition to the usual increase that comes when refineries change the gasoline...

bwilson4web Apr 3, 2023 Read More Replies: 15