Tesla ordered to pay over $130 million in racism case
05 October 2021 | 12:35 pm
A US court has ruled in favor of a Black former employee who was subjected to racial abuse by his colleagues, ordering he be paid an unprecedented $130 million in damages.
23 Feb 2020
A high court in Berlin has allowed Tesla to continue clearing a 92 hectare forest for its massive Gigafactory. The court rejected pleas from environment activists and said that its decision was final.
16 Apr 2020
Google has banned the popular videoconferencing software Zoom from its employees’ devices, citing ‘’ security vulnerabilities’’. However, Google isn’t the first company to ban employees from using Zoom. Earlier this month, SpaceX, a rocket company, also banned employees, citing “significant privacy and security concerns'.
4 May 2020
The share price of the US electric-car maker nosedived by around 10% at the end of the trading day after Tesla's CEO tweeted that the company's price was "too high." Elon Musk is also critical of the COVID-19 lockdown.
13 May 2020
CEO Elon Musk has threatened to move the company’s future car production out of California if its Fremont factory is not allowed to reopen. Coronavirus curbs currently forbid the electric car plant from operating.
2 Jul 2020
Tesla has become the world's most valuable carmaker, overtaking Japan's Toyota, after its stock hit a record high. Shares in the electric carmaker touched $1,134 on Wednesday morning before falling back, leaving it with a market value of $209.47bn (£165bn).
13 Jul 2020
Elon Musk's firm plans to have three shifts a day, each with 3,000 to 3,500 workers, industry insiders have said. The staff count is lower than promised when the firm applied for a permit to build in a protected area.
4 Sep 2020
The Tesla founder spent much of the week in Germany, hobnobbing with politicians and visiting sites of commercial interest. Between his ventures in mobility and vaccines, his stake in the country appears to be growing.
9 Sep 2020
Hundreds of billions of dollars have been wiped off the value of technology companies in recent days, after a major share sell-off. The electric carmaker Tesla was among the worst-hit companies, sliding 21 percent in trading on Tuesday. Investors are concerned that these firms' shares rose too quickly during the pandemic and are now overvalued. Despite the rout, most tech shares are still trading at much higher values than they were at the beginning of the year. Also today, we look at Uber's pledge to use more electric vehicles.
15 Nov 2020
The head of Berlin's Mercedes-Benz production facility has decided he'll be better off working for Tesla, which is building a Gigafactory just outside the city. Workers are not amused and are staging protests.
22 Nov 2020
Tesla's shares jumped by over 10% following the news that the electric car company will be added to the US leading S&P 500 stock index. The inclusion follows a snub in September.
9 Feb 2021
News that electric carmaker Tesla has bought $1.5 billion worth of Bitcoin, and that it will start accepting payments in the cryptocurrency, sent its price to record highs. Bitcoin was trading over $47,000 early on Tuesday, according to the website Coindesk.
20 Mar 2021
Tesla has revolutionized the auto industry, building cars for the future even as legacy carmakers could barely take their eyes off the rearview mirror. But now Tesla's days as the leader of the EV pack might be numbered.
4 hours ago
Find these stories and much more when you grab a copy of The Guardian on Thursday.
6 hours ago
After a White supremacist killed 10 Black residents of Buffalo, New York, various op-ed pieces in major American newspapers show that both Republicans and Democrats are accused of exploiting racial violence for political gain. We also take a look at Democratic candidate John Fetterman's landslide victory in a Senate primary election in Pennsylvania. We end with a public service announcement on the dangers of popping champagne (or prosecco) after shaking the bottle!
6 hours ago
Japan's GDP fell at an annualised rate of 1 percent in the first three months of this year as the Omicron variant of the coronavirus hampered consumer spending. Rising commodity prices also weighed on businesses in the world's third-largest economy. Plus, as unemployment remains stable in France at 7.3 percent, a steelworks factory in the northern city of Dunkirk is offering a cash bonus to employees to encourage them to recruit family members.
10 hours ago
A renounced Al Jazeera journalist was killed last week during an Israeli raid in the West Bank. Shireen Abu Akhleh was wearing a flak jacket with the word "press" clearly marked. Israelis and Palestinians have traded blame over who fired the fatal shot, while Israel has opened an investigation into heavy-handed police tactics used during Abu Akleh's funeral procession, which almost caused her coffin to fall to the ground. We get analysis with Sherif Mansour, Middle East and North Africa Program Coordinator at the Committee to Protect Journalists.
10 hours ago
In a UN Security Council briefing, Jeanine Hennis-Plasschaert said the streets in Iraq could "boil over" if political leaders were unable to end a political stalemate that has gripped the country for over seven months.
12 hours ago
As the 75th Cannes Film Festival gets underway, FRANCE 24's Olivia Salazar-Winspear brings us a glimpse of what its opening ceremony will involve, including a Palme d’Honneur for Forest Whitaker. We also take a look at the composition of this year’s jury, with French actor Vincent Lindon shepherding an artistic team who'll assess the features competing for the Palme d’Or. Plus we get a preview of the opening film "Final Cut", in which director Michel Hazanavicius declares his love for genre movies in a lighthearted French parody of a zombie horror slasher.