Netflix ad level has 40 million users

Rafael Enrique | Light rocket | fake images Netflix The cheapest, ad-supported tier has amassed 40 million monthly active users…

Tesla cuts 601 jobs in Bay Area, sign of more trouble

In the fourth straight week of layoff announcements, Tesla said it is now focusing on reducing staff at its Bay…

Nio's Onvo brand undercuts Tesla Model Y

Chinese electric car company Nio launched its lower-cost brand Onvo on Wednesday, May 15, 2024 in Shanghai, China. CNBC |…