Tag: loses

  • Tesla loses market share in US despite price cuts

    The electric vehicle (EV) market is evolving at breakneck speed, and one name that has long been synonymous with EV innovation, Tesla, is no longer enjoying the undisputed dominance it once did. Recent data reveals that, while Tesla maintains its status as the leading EV manufacturer in the American market, its market share is gradually…

  • Byju’s Loses One Of Its Units To Lenders After $1.2 Billion Loan Default

    In a recent legal development, Byju’s, once hailed as one of India’s hottest tech startups in the education technology sector, is facing a significant challenge as lenders, including Redwood Investments LLC and Silver Point Capital LP, have seized control of a unit of the company due to a reported default on a $1.2 billion loan.…