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Apr 11, 2026
Tesla's Bold Price Hike Moves in Korea Greeted with Mixed Reactions
Tesla's recent price hikes on select models in South Korea are raising eyebrows as the company faces a significant stock drop globally. Despite global headwinds, Tesla leverages high demand in Korea, boosted by EV subsidies, to justify the increases. However, this strategy has not sat well with everyone, drawing ire from consumers and investors alike, who are concerned about priorities. The Korean market seems promising for Tesla with 11,130 units sold last month, but how sustainable is this growth?
Apr 8, 2026
Tesla Shocks South Korean Market: March Sales Surge by 330% with Strategic Price Cuts!
Tesla has redefined the South Korean EV landscape, witnessing a staggering 330% increase in sales in March. With strategic price cuts on the Model 3 and Model Y, Tesla sold 11,896 vehicles, claiming the top spot among imported car brands. This positions Tesla as a leading choice for price-sensitive Korean consumers in the competitive EV market.
Apr 7, 2026
Oracle Announces Monumental Layoffs, Slashing 30,000 Jobs Globally
Oracle has announced its largest wave of layoffs, cutting 30,000 jobs worldwide, with 12,000 affected in India alone. Severance packages are causing a stir due to regional disparities and perceived lack of generosity when compared to industry standards. In the US, employees may receive up to 26 weeks of pay, while Indian staff face more conditional offers. The tech giant's abrupt move has sparked widespread criticism from employees and the public alike.