In a fraud trial, Elon Musk was cleared of any liability for investors’ losses. He falsely claimed that he had obtained funding for a private Tesla buyout.
Tesla’s Elon Musk lost $140m to Bitcoin in 2022
According to filings, Tesla suffered a loss of $140m (£113.5m), on its Bitcoin investments in 2022.
Musk defends himself in Tesla tweet trial for three hours
Elon Musk spent three more hours in the witness box, defending himself against a class action lawsuit. The lawsuit alleges that he misled Tesla shareholders by tweeting that he had
Price of used Teslas drops £5,000 as EV’s interest wanes
The price of used Teslas has fallen £5,000 over the last three months due to falling petrol and diesel prices. This is due to a slowdown in electric vehicle demand.
Tesla reduces prices by a record £8k in battle against sales slowdown
As the largest electric car manufacturer in the world, Tesla has reduced prices by a record £8,000 to reverse a slowdown.
Tesla cars 40pc cheaper in China than USA
Tesla shares are in a slump as the automaker continues to reduce prices in China’s increasingly competitive electric car market.
Apple and Tesla: Shares tumble amid supply issues
Tesla and Apple stock prices have plummeted due to growing concerns over delays in China’s production lines.
France will deliver letters only three days, while Royal Mail appeals for an end to six-day delivery
As Europe’s postal services develop, Britain and Germany are now outliers as Europe’s postal services evolve
World Economy Is Headed for a Recession in 2023, Say Researchers
According to the Centre for Economics and Business Research, there is a global recession coming in 2023. Higher borrowing costs to combat inflation causes a variety of economies to contract.
Volkswagen orders factory workers in China to work longer hours following Covid illness
Volkswagen told workers in China that they need to work overtime to recover production losses from a wave of Covid illness.
Royal Mail: £219m loss due to strike action
Royal Mail suffered a loss of over £200m in its first half. This was due to ongoing strikes, a drop in parcel deliveries, and the inability to restructure while at