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TOKYO: Softbank Group Corp fell as much as 10% after a satellite operator it invested in filed for bankruptcy, ceding some gains from an unprecedented plan to sell assets and buy back shares.
SOFTBANK Group Corp. fell as much as 10% after a satellite operator it invested in filed for bankruptcy, ceding some gains from an unprecedented plan to sell assets and buy back shares.
HONG KONG: After the coronavirus outbreak caused a nationwide shortage of face masks in January, Chinese officials were quick to ensure that Tesla Inc wouldn’t be left without.
DETROIT: For all of Elon Musk’s domination of the burgeoning electric-vehicle business, Tesla Inc is struggling to get traction in Japan, a market he put on a pedestal early in the automaker’s early days
WHEN life gives you a chance, take it – and that is exactly what Tesla did.
NEW YORK: For a few tumultuous years, Tesla Inc gave the bulls reason to believe and bears reason to doubt. Sure, Elon Musk was pulling off what legacy automakers tried and failed to do - make electric cars cool - but he was presiding over an inexperienced enterprise, and the old guard would catch up.
SAN FRANCISCO: Tesla Inc delivered a second straight quarter of blowout earnings and speedy execution, extending an unprecedented surge for its heavily shorted stock.
NEW YORK: Elon Musk said concern that a Tesla assembly site in a rural area near Berlin would cause water shortages is exaggerated, pushing back against critics of the plant.
FRANKFURT: Tesla Chief Executive Elon Musk sought to allay environmental concerns about the electric carmaker's planned factory in Germany, saying the plant would use less water than was estimated originally.
SAN FRANCISCO: For the first time, Tesla Inc's stock market value has eclipsed the combined values of General Motors Co and Ford Motor Co.