The stock has lost 17% since the start of the year. (©AFP) The world’s largest auto cap erased $280 billion in value in a month. And it may not be over. Bad times for Tesla on the stock market. For the first time since 2016, the automaker, world number one in electric cars, profitable since … Read more
(AOF) – Elon Musk sold about four billion dollars worth of Tesla shares on Tuesday and Wednesday. This sale follows the agreement reached on the takeover of Twitter for more than 40 billion dollars, for which Elon Musk must contribute nearly half by personal contribution. The iconic entrepreneur indicated on his Twitter account that he … Read more
INDIA DOESN’T WANT TESLA TO SELL CHINESE-MADE CARS IN ITS TERRITORY NEW DELHI (Reuters) – U.S. automaker Tesla is welcome to set up shop in India and manufacture cars there, but must not import vehicles from China, India’s transport minister said on Tuesday. “Making in China and selling here is not a good proposition,” Minister … Read more
(CercleFinance.com) – Google announced on Wednesday that it plans to invest no less than 9.5 billion dollars in the United States in 2022, an envelope which should allow the creation of at least 12,000 new jobs in the country. by the end of the year. The Internet giant, a subsidiary of the Alphabet group, recalls … Read more
DIDI: SHAREHOLDERS WILL VOTE ON MAY 23 ON DELISTING IN THE UNITED STATES (Reuters) – Chinese ride-hailing giant Didi Global said on Saturday it would hold an extraordinary general meeting on May 23 to vote on plans to delist its shares in the United States. The group also indicated that it would not file a … Read more
Photo provided by the Syrian Democratic Forces (SDF) of Islamic State (IS) fighter El Shafee el-Sheikh, February 10, 2018 arrest by the SDF, together with that of fellow Briton El Shafee el-Sheikh ( Syrian Democratic Forces / Handout ) El Shafee el-Sheikh, a member of the sinister “Beatles” cell within the Islamic State (IS) jihadist … Read more
April 17 (Reuters) – A shooting at a house party in Pittsburgh, United States, has left two people dead and at least eight injured and police are still searching for the shooters, authorities said on Sunday. The two victims were under 18 and eight other people were shot and injured early Sunday morning at a … Read more
Elon Musk in Washington on April 14, 2022 (AFP / Olivier DOULIERY) The tweet in which Elon Musk claimed in 2018 to have sufficient funding to take Tesla out of the stock market was considered “false and misleading” by a judge, according to a document filed by investors who filed a complaint against the group. … Read more
by Andrea Shalal WASHINGTON, April 15 (Reuters) – U.S. President Joe Biden announced on Friday that he will appoint Michael Barr, a former Treasury Department official, as vice chairman of the Federal Reserve (Fed), overseeing bank, after the withdrawal last month of Sarah Bloom Raskin, for lack of support from the Senate. Michael Barr, a … Read more
WASHINGTON, April 14 (Reuters) – U.S. jobless claims rose more than expected last week to 185,000 from a revised 167,000 the previous week, the Labor Department said on Thursday. Economists expected an average of 171,000 jobless claims during the week to April 9. The previous week’s registrations were revised up slightly from an initial estimate … Read more