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Tesla undercuts average US car by $5,000 in EV shakeout

Bloomberg It’s never been this cheap to buy a Tesla. After a hopscotch of price cuts over the past month, Tesla’s Model 3 sedan now sells for $4,930 less than the average new vehicle sold in the US. That’s the cheapest price Tesla has ever had relative to the typical US vehicle, according to a new Bloomberg analysis. It’s a ...

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Putin halts nuke pact with US, vows to push war in Ukraine

Bloomberg President Vladimir Putin said Russia will suspend its observation of the New START treaty with the US, dealing a blow to the last accord limiting their nuclear arsenals, as he vowed to press on with his faltering invasion of Ukraine. Russia is fighting for its “historic lands” in Ukraine and “will fulfill the tasks set step-by-step, carefully and consistently,” ...

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Thai PM to dissolve parliament, paving way for next election

  Bloomberg Thai Prime Minister Prayuth Chan-Ocha said he will dissolve parliament in March, a move that paves the way for the next election. Prayuth told reporters he informed the cabinet in a meeting on Tuesday of his intention to dissolve the House of Representatives — the clearest sign he has given yet on the timeline for the vote, though ...

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