Politicians and pundits say the world’s largest economies are bound for a seismic “decoupling”. Yet, with businesses harbouring long-term ambitions for these two giant markets, breaking up may be hard to do.
Browsing: Tesla
The surge in Tesla’s shares so far this month moved Elon Musk’s company even closer to displacing Toyota as the world’s most valuable car maker.
Volkswagen will narrowly meet a deadline to start deliveries of its flagship ID.3 electric car, but early buyers will have to wait months for all the features to work.
Tesla’s stock jumped above $1 000/share on Wednesday after CEO Elon Musk told his staff it was time to bring the Tesla Semi commercial truck to “volume production”.
The Telsa CEO has called for Amazon.com to be broken up, after an author complained on social media about being unable to self-publish a book via the world’s largest online retailer.
Stocks were supposed to be mired in a bear market after they plunged in March as the coronavirus pandemic shut business and sent unemployment to its highest rate since the Great Depression. Except they aren’t.
Electric car maker Tesla plans to introduce a new low-cost, long-life battery in its Model 3 sedan later this year or early next that it expects will bring the cost of electric vehicles in line with petrol models.
Elon Musk restarted production at Tesla’s only US car plant, flouting county officials who ordered the company to stay closed and openly acknowledging he was risking arrest for himself and his employees.
Elon Musk elaborated on his pledge to sell his homes and most of his possessions, telling comedian Joe Rogan that people are increasingly and wrongly taking a dim view on the existence of billionaires.
BMW is facing pressure from Tesla and its Model 3. The German brand’s answer to the electric threat is a sleek battery-powered car called the i4.