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.
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.
24 Apr 2021
Consumer Reports' investigation comes after a Tesla crashed into a tree in Texas, killing both men in the car. Authorities say neither of the victims were in the driver's seat at the time of the accident.
13 May 2021
The price of Bitcoin took a tumble after Elon Musk said Tesla would no longer be accepting the cryptocurrency as a payment method. Musk raised concerns about the climate impact of Bitcoin mining.
17 Aug 2021
The US government is investigating Tesla's partially automated driving system after crashes that left one person dead and 17 people injured.
1 Oct 2021
Fresh accusations of racism have landed US carmaker Tesla in court. The electric car manufacturer has faced similar allegations in the past.
1 day ago
Italian astronaut Samantha Cristoforetti is the fifth European to take command of the ISS. She says the space station gives her hope for peace on Earth.
1 day ago
France is marking the bicentenary of the deciphering of the Rosetta Stone hieroglyphs by linguist Jean-François Champollion. In Perspective, we spoke to Vanessa Desclaux, who looks after the ancient Egyptian manuscripts at France's Bibliothèque Nationale, the National Library in Paris.
1 day ago
The Kremlin says it has not yet made any decision on closing Russia's borders although an ongoing exodus of military-age men looking to evade the Ukraine war call-up is happening. One of the countries they are fleeing to, is neighboring Georgia.
1 day ago
Guineans hope the wait for justice will soon come to an end 13 years after a massacre that killed at least 157 people. Ex-junta leader Moussa Camara and his former lieutenants are expected to face the judge.
1 day ago
Rampant inflation and soaring energy costs have caused German consumer sentiment to drop according to new market research, with no indication just yet that inflation will improve soon.