Tuesday, December 3

Tag: luxury cars

Ferrari Embraces Crypto: A Groundbreaking Move in Luxury Sports Car Industry
Automobile

Ferrari Embraces Crypto: A Groundbreaking Move in Luxury Sports Car Industry

NY, 15th Oct 2023: Ferrari, the esteemed Italian luxury sports car manufacturer, has recently made a revolutionary decision to accept cryptocurrency as a form of payment. Initially introduced in the United States and soon to be extended to Europe, this move was prompted by dealers and individual clients who have made significant investments in the world of crypto. Enrico Galliera, the Chief Marketing and Commercial Officer of Ferrari, expressed his enthusiasm for the company's initiative to facilitate the purchase of their luxury vehicles through digital currencies. With a strong customer base already booked for the coming years, Galliera is optimistic about this bold plan, stating, "Our aim is to connect with individuals who may not currently be our clients but have the means to afford...
Tesla Fired Hundreds of Employees in Past Week
USA

Tesla Fired Hundreds of Employees in Past Week

Luxury electric vehicle maker Tesla Inc fired about 400 employees this week, including associates, team leaders and supervisors, a former employee told Reuters on Friday. The dismissals were a result of a company-wide annual review, Tesla said in an emailed statement, without confirming the number of employees leaving the company. “It’s about 400 people ranging from associates to team leaders to supervisors. We don’t know how high up it went,” said the former employee, who worked on the assembly line and did not want to be identified. Though Tesla cited performance as the reason for the firings, the source told Reuters he was fired in spite of never having been given a bad review. RELATED Tesla To Raise $1.5 Bn Junk Bond To Fund Model 3 Production The Palo Alto, Californ...