Ford reported a $900 million hit from unexpected tariffs last year, while Toyota unveiled its first three-row electric SUV, the 2027 Highlander. Elsewhere, French prosecutors are seeking witnesses in a mass abuse case involving a former teacher, and Israeli actions in the West Bank are raising concerns of annexation. In the tech world, Elon Musk discussed plans for a lunar manufacturing facility for his AI company, xAI.
Ford executives stated that the US carmaker's tariff costs were $900 million higher than anticipated last year, according to BBC Business. This increase was attributed to a last-minute change in the Trump administration's tariff relief program. The scheme was designed to help car companies offset tariffs, but a change in the effective date of the policy led to fewer benefits than expected, as reported by the source. Ford CEO Jim Farley said the company spent double what it had expected on tariffs.
In other news, French prosecutors appealed for witnesses in the case of 79-year-old former teacher Jacques Leveugle, who is accused of abusing 89 minors since the 1960s, as reported by Euronews. The man has also confessed to killing his terminally ill mother and aunt. Prosecutor Etienne Manteaux spoke to reporters in Grenoble to publicize the case, seeking additional testimony from potential victims.
Meanwhile, in the West Bank, Israeli government moves to change land registration rules are raising alarm among Palestinians, who fear these actions will lead to de facto Israeli annexation, according to Al Jazeera. The Israeli cabinet announced the decisions on Sunday, allowing Jews to buy property in the occupied territory.
In the automotive industry, Toyota unveiled the new 2027 Highlander, a fully redesigned midsize SUV that marks the brand's first three-row electric vehicle for the US market, as reported by The Verge. The new SUV is expected to have a range of 320 miles.
Finally, Elon Musk discussed his AI company xAI's future, including plans for a lunar manufacturing facility, during an all-hands meeting with employees, according to TechCrunch. Musk told employees that xAI needs a factory on the moon to build AI satellites and launch them into space. "You have to go to the moon," he said, according to The New York Times, which reported on the meeting. Musk explained that this move would help xAI harness more computing power than its rivals.
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