6+ mon, 4+ day ago (398+ words) 'The country loving Elon Musk the most right now could be T'rkiye,' reads a report by a top Turkish daily on Monday. While sales of Tesla are falling in many markets such as the U... "The country loving Elon Musk the most right now could be T'rkiye," reads a report by a top Turkish daily on Monday. While sales of Tesla are falling in many markets such as the U.S., Europe and China, it is literally selling out in T'rkiye, said the report from H'rriyet. In Europe, Tesla sales fell by 49% in April, dropping to 7,000 units. Similarly, the EV maker saw a 6% decline in China, one of its largest markets, while its sales in the U.S. dropped by 13% in the first quarter of the year. At the same time, the company also suffered significant profitability losses in the first quarter. This was mainly…...

8+ hour, 16+ min ago (660+ words) A worker in white gloves checks out the propellers of a boxy two-seater aircraft just off the assembly line at a Chinese factory trialling the mass production of flying cars, a futuristic type of transport slowly gaining recognition. Globally, technical and regulatory challenges have prevented the much-hyped flying car sector from getting off the ground. But Chinese companies are building on the rapid development of drones and electric vehicles in the world's second-largest economy, while harnessing government support for the futuristic inventions. "China has the potential to establish a competitive edge" for flying cars, said Zhang Yangjun, a professor at Tsinghua University's School of Vehicle and Mobility. "Future competition will increasingly hinge upon cost control and supply-chain efficiency, and these are areas where China holds clear advantages," he told Agence France-Presse (AFP). At the brightly lit factory in Guangzhou's southern…...