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New Toyota CEO touts three-step plan to EV profits and productivity
TOKYO – For Toyota Motor Corp. raking in large earnings from electrical autos is as uncomplicated as 1, 2, 3. That’s the vision from new CEO Koji Sato, who outlined a three-stage tactic to “considerably improved” efficiency and profitability by 2030 as a result of Toyota’s coming line of electrical motor vehicles. “It will be a distinctive concept from what we’ve had until finally now,” Sato, 53, claimed all through a media roundtable Friday. “In the Stage 3 timing, productivity should be substantially improved.” Sato, who took workplace April 1 with the task of rushing up the Japanese carmaker’s sluggish begin in the world wide EV race, claimed the world’s…
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Tesla’s largest-ever decline has short sellers sitting on $15 billion in profits: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, December 23, 2022 Today’s newsletter is by Myles Udland, senior markets editor at Yahoo Finance. Follow him on Twitter @MylesUdland and on LinkedIn. Read this and more market news on the go with the Yahoo Finance App.Yahoo Finance App. Tesla stock fell another 8.8{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} on Thursday, bringing its year-to-date losses to 64{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}. With this decline, more than $800 billion in market capitalization has been erased from the electric carmaker. The current 69.7{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} drawdown from its most recent high reached in late 2021 is…
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Hospitals often reap profits in places where many patients carry medical debt : Shots
Aerial view of downtown Fort Worth, Texas. Some hospitals in Texas and around the U.S. are seeing high profits, even as their bills force patients into debt. Of the nation’s 20 most populous counties, none has a higher concentration of medical debt than Tarrant County, home to Fort Worth. Jupiterimages/Getty Images hide caption toggle caption Jupiterimages/Getty Images Aerial view of downtown Fort Worth, Texas. Some hospitals in Texas and around the U.S. are seeing high profits, even as their bills force patients into debt. Of the nation’s 20 most populous counties, none has a higher concentration of medical debt than Tarrant County, home to Fort Worth. Jupiterimages/Getty Images PROSPER, Texas…
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