Tesla shares tumble as Musk says company’s stock is overvalued
04 May 2020 |
11:00 am
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.
Related
3 days ago
The European Commission is outlining a set of measures that would allow EU member states to keep fuel and electricity prices low.
2 hours ago
Waves hit the beach and workers place wood across the windows of restaurants to prevent damage as tropical storm Pamela bears down on Mexico's Pacific coast.
2 hours ago
Europe will need to negotiate new contracts with Russian oil giant Gazprom if it wants to receive more natural gas deliveries, the Kremlin said.
1 day ago
Nigeria's dependence on crude oil makes its economy vulnerable. But the transition to an economy not based on oil won't be easy.
3 days ago
India invested heavily in Afghanistan's development projects after the 2001 US invasion of the country. It is unclear what impact the Taliban's return to power will have on these projects.
3 days ago
Officials are scrambling to help clear supply chain backlogs, with two of the US's largest ports operating 24 hours per day as traffic jams of container ships wait offshore. Also, the IMF unveils a new mechanism for rich countries to lend or donate to poor nations, and Hollywood braces for the biggest crew strike since the 1940s.
2 days ago
Turkish President Recep Tayyip Erdogan had fired three central bankers via decree. Turkey's currency has lost a fifth of its value against the US dollar this year.
2 days ago
Migrants and asylum-seekers in eastern Poland say they have been illegally pushed back to neighboring Belarus multiple times without due asylum process. DW reports on the humanitarian crisis from the border region.
1 day ago
Hundreds of truck drivers wait for dozens of ships to unload their containers in California as the White House announces that it will now work 24 hours a day in an attempt clear the backlog.
4 hours ago
US real estate scion Robert Durst was sentenced Thursday to life in prison with no possibility of parole for the killing of his best friend.
2 days ago
The family of former South African President Nelson Mandela is putting roughly 100 of his belongings up for auction to help fund a memorial garden in his honor, including some of his iconic shirts. It's the trademark clothing of an iconic leader and now Nelson Mandela's exuberant shirts are among around 100 of his possessions being put up for auction.
2 days ago
Taiwanese residents voice anguish and outrage after 46 people perished in an inferno that tore through a dilapidated housing block, as investigators searched for what sparked the island's deadliest fire in decades.
Latest
3 mins ago
Queen Elizabeth II takes aim at world leaders who "talk" but "don't do" enough about climate change, in an apparent jibe at those not attending the upcoming COP26 summit. The 95-year-old monarch is overheard making the remarks as she opened the Welsh Assembly in Cardiff.
51 mins ago
We head to northern Mali, where French forces are preparing to close a base used by the Barkhane force as France decides to reduce its presence in the country. Also, Botswana's court of appeal starts hearing a government attempt to overturn a landmark ruling that decriminalised homosexuality in 2019. And Cape Verde gears up for elections, with the revival of the tourism industry a key campaign issue.
51 mins ago
The team of 26 scientists is set to revive the stalled investigation into the origins of the virus. Meanwhile, Brazilian President Jair Bolsonaro confirmed that he will not be vaccinated. Follow DW for the latest.
51 mins ago
The global population of California Sea Lions has declined dramatically in recent years, mainly due to an increase in water temperatures, but at one sanctuary in northwestern Mexico, the species is bucking the trend.
52 mins ago
Alan Camsell may be 88 years old, but that hasn't stopped him from showing up every Friday as a goalkeeper for local walking football team Penrhyn Bay Strollers FC, based in Llandudno, North Wales. He was seen stopping shots and feeding his outfield teammates the ball during a match on Friday. Camsell started to play football in his forties, but decided to move to a team set up for those of retirement age, after he found that he was playing with the grandsons of previous players.
