Tesla’s stock hits record high following report of Chinese loan
24 December 2019 | 10:33 am
Tesla's stock price has continued a strong finish to a turbulent 2019 on the back of a Reuters report suggesting the company secured major financing from China for its first overseas plant in Shanghai.
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.
1 day ago
An Alabama ban on the provision of gender-affirming medication for minors has been blocked by a federal judge. Transgender rights have become a bone of contention for right-wing Republicans.
1 day ago
The war in Ukraine is having a drastic impact on Africa. Prices for wheat, gas and gasoline are at record highs. Crisis regions could see things get worse than they already are.
1 day ago
The Ukrainian resistance in Irpin played a key role in holding off the Russian advance on the capital Kyiv during the first few weeks of the war. But the middle-class commuter town paid a heavy price. More than 300 civilians were killed and tens of thousands fled. Now, more than a month after the Russian withdrawal, residents are beginning to return to try to rebuild their lives. Reconstruction is slowly getting under way, but an estimated €800 million is needed to build new homes. FRANCE 24's Nadia Massih, Bastien Renouil and Raïd Abu Zaideh report from Irpin.
1 day ago
Known as the burial place of Achilles, the barren Black Sea rock has become the site of fierce combat between Ukraine and Russia. Snake Island has strategic and symbolic importance dating to the Soviet era.
1 day ago
Mali's military junta has announced it will be exiting a multi-national military force tackling an insurgency in West Africa's Sahel region.
1 day ago
People in Germany consume an average eleven kilos of chocolate each per year. But few think about the conditions under which cocoa beans are farmed. Child labor has been a problem for decades. But why? And what can be done about it?