Elon Musk Leaves Beijing As Tesla Clears Key Regulatory Hurdles In China

Elon Musk arrived in Beijing on Sunday (File) Tech billionaire Tesla CEO Elon Musk boarded a plane departing Beijing on Monday, an AFP journalist said, after a whistlestop visit that saw his firm win a key data security clearance from Chinese authorities. Musk arrived in Beijing on Sunday for his second trip in less than … Read more

Tesla CEO Elon Musk to visit India in April; to meet Narendra Modi

As per the policy, the companies that would set up manufacturing facilities for EV passenger cars will be allowed to import a limited number of cars at lower customs /import duty of 15 per cent on vehicles costing $35,000 and above for a period of five years from the date of issuance of the approval … Read more

Elon Musk’s lawyers seek $6 billion fee in payout battle, he calls it ‘criminal’

The lawyers who voided Elon Musk’s $56 billion compensation as excessive on Friday sought a record a $6 billion legal fee, payable in the electric car maker’s stock. “We recognise that the requested fee is unprecedented in terms of absolute size,” the three law firms said in a filing with the Court of Chancery in … Read more

Stocks Snap Winning Streak After Powell Warns Inflation Victory Not Assured

The S&P 500’s shot at its longest winning streak since 2004 appeared within grasp for much of Thursday’s trading session. Then Federal Reserve Chair Jerome Powell and the Treasury market crashed the party. Major indexes fluttered between small gains and losses in quiet trading through the early afternoon. They turned firmly into the red after … Read more

Tesla Raises Wages for German Workers Amid Union Pressure

BERLIN—Tesla is boosting factory worker pay in Germany amid an aggressive unionization drive, a move that comes as Chief Executive Elon Musk may face similar organizing attempts in the U.S. Tesla’s management in Germany late last week unveiled a package of wage increases for workers during Musk’s visit to the so-called Gigafactory on the outskirts … Read more

Elon Musk After Tesla Wins Autopilot Trial Involving Fatal Crash

Tesla argued that human error caused the crash. Tesla on Tuesday was cleared by a court in the 2019 fatal Model 3 crash that took place in Los Angeles, US, involving its advanced driver-assistance system, Autopilot. The case was filed by two passengers who accused the company of knowing Autopilot was defective when it sold … Read more

‘Gujarat administration has kept communication channels open with Tesla’

How do you plan to achieve a 13% growth for Gujarat’s economy in nominal terms for 2023-24, which is faster than the 10.5% growth projected for India? Gujarat has consistently outperformed the national growth rate, rightfully earning the title of the ‘growth engine of India’. Despite comprising only 5% of the country’s population, Gujarat contributes … Read more

The Top Stock Funds Over the Past Year Had One Thing in Common: Nvidia

Shares of the chip maker were big holdings of the large-cap growth funds that led gainers over the past 12 months. Source link