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All nine board members back a radical strategy shift and criticize the company's approach in China and North America, according to an internal survey obtained by @FirstSquawk.
teslarati.comA leaked internal Volkswagen survey shows six of nine board members view the company as existentially threatened while three view it as strained. All nine board members back a radical strategy change. The same survey shows every board member criticizes VW's approach in China and in North America.
@FirstSquawk reported the findings from the unattributed internal document. The survey results reflect unanimous dissatisfaction with current regional strategies at the German automaker. The document does not detail specific proposals under consideration or timelines for any potential overhaul.
Los Angeles TimesSpaceX agreed to buy AI coding startup Cursor for $60 billion in stock. The deal follows SpaceX’s public listing last week and is expected to close in the third quarter of 2026.
SoFi shares have dropped sharply as investors question its accounting methods and growth prospects. A March report from Muddy Waters added to the pressure on the digital lender.
automotiveworld.comThe company will begin with a fleet of 100 vehicles and plans to expand to roughly 17,000 over five years. The service will operate on its Moovit platform.