Elon Musk is walking on eggshells in China.
The billionaire chief executive of Tesla (TSLA) defines himself as one of the most ardent defenders of free speech. He'd said that protecting free speech was one reason he bid $44 billion for microblogging website Twitter (TWTR) .
(He has withdrawn the proposal, but the platform is fighting him, and a trial is scheduled for mid-October.)
At the same time, Beijing is regularly criticized for its censorship and […] Elon Musk Walks a Fine Line With Ties to China – TheStreet
The Department of Telecommunications (DoT) has commenced an exercise to unlock and sell an additional 5,500 MHz of 5G spectrum, worth over ₹35,000 crore. This comes close on the heels of the government netting a record ₹1.5 lakh crore from the recently concluded auctions.
A move is on to scrutinise whether large and actively traded companies are falling in line with the rules to curb insider trading, one of the scourges of the Indian stock market.
High raw material prices hurt the […] Tesla surpasses 3 million car production mark: Elon Musk – The Economic Times
We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info
At a shareholder conference last week, Mr Musk announced that Tesla is looking to build an additional 10-12 large-scale electric vehicle manufacturing facilities, known as gigafactories. The world’s richest man noted that each of these gigaplants would aim for an […] Musk primed to hand UK huge Brexit boost with new Tesla gigafactory: 'Open for business!
George Soros seems to have picked his winners in the race for electric vehicles.
In any case, the emblematic investor is placing his pawns while car manufacturers are fighting with thunderous announcements to occupy this market considered to be the future of the automobile in the medium term at least.
Soros, who had so far been content to invest in young startups like Lucid (LCID) and Rivian (RIVN) , has just adjusted his strategy. He has just chosen Tesla […] Billionaire George Soros Invites Himself to Elon Musk and Ford – TheStreet