Tesla has opened a new sales and service center in the Xinjiang region of China, home to a Muslim population known as the Uyghurs whom the United Nations and rights organizations have identified as a repressed ethnic group. In 2021, the United States, United Kingdom and Canada said China engages in “forced labour, mass detention in internment camps, … Read more
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, on Monday, Jan. 3, 2022. Michael Nagle | Bloomberg | Getty Images U.S. stock futures were steady in overnight trading on Monday after the Dow Jones Industrial Average and S&P 500 notched new record closes on the first trading day … Read more
Visitors looking at a China-made Tesla Model Y electric vehicle at the Auto Shanghai 2021 show in Shanghai, China, on April 27, 2021. Qilai Shen | Bloomberg | Getty Images Tesla on Sunday said it delivered 308,600 electric vehicles in the fourth quarter of 2021, beating its previous single-quarter record as well as analysts’ expectations. The … Read more
Tesla is still the world’s most dominant electric vehicle force, but competition is coming. The world’s most valuable car company, with a market value north of $930 billion, outpaced all other automakers in electric vehicle sales through the first three quarters of 2021. But Tesla is from alone in a market that becomes more packed … Read more
RBC has identified five themes investors should understand for the years ahead. Source link
Northvolt’s battery factory in the north of Sweden in June. Northvolt Swedish battery maker Northvolt announced Wednesday that it has produced its first lithium-ion battery cell at its factory in Västerås, meeting its deadline to start production at the plant before the end of 2021. Northvolt, which competes with Tesla‘s battery-making division and was … Read more
Elon Musk, Founder and Chief Engineer of SpaceX, speaks during the Satellite 2020 Conference in Washington, DC, United States on March 9, 2020. Yasin Ozturk | Anadolu Agency | Getty Images BEIJING — Chinese citizens lashed out online against billionaire Tesla and SpaceX CEO Elon Musk on Monday after China complained that its space station was … Read more
Sundar Pichai, CEO of Alphabet, in Brussels, Belgium, on Jan. 20, 2020. Geert Vanden Wijngaert | Bloomberg | Getty Images Alphabet is on the verge of wrapping up its best year from an investment perspective since 2009, and has proven to be by far the top-performing Big Tech stock of 2021. As of Thursday’s close … Read more
SpaceX founder and Tesla CEO Elon Musk looks on as he visits the construction site of Tesla’s gigafactory in Gruenheide, near Berlin, Germany, May 17, 2021. Michele Tantussi | Reuters Electric carmaker Tesla is clearing the final hurdles to get its massive German “Gigafactory” up and running in the new year. The Berlin-Brandenburg plant has … Read more
In 2021, Jordan Myers bought his dream car: A Tesla Model 3. CNBC Make It Tesla is issuing a software update that will keep drivers from being able to play video games on the car’s entertainment system while the automobile is moving, according to a statement on Thursday from the National Highway Traffic Safety Administration. … Read more