Business

Tesla shifts gears with plans to issue more shares

Tesla shifted gears Thursday and said it would issue new shares to raise fresh cash, as the electric carmaker responded to the coronavirus epidemic impact on its Shanghai factory and the China car market.

Business

Iconoclastic Musk basks as Tesla shares soar

Elon Musk is some way away from his goal of sending millions of people to Mars, but Tesla's shares are heading into orbit on Wall Street, leaving conventional automakers in the dust.

Business

UK approves restricted 5G role for China's Huawei

Britain on Tuesday gave the green light to a limited role for Chinese telecoms giant Huawei in the country's 5G network, in a decision that left the United States "disappointed" after it called for a total ban.

Business

New Delhi to sell full stake in debt-ridden Air India

New Delhi intends to sell its entire stake in the debt-crippled national carrier Air India, the government announced Monday, after failing previously to secure any bids for a majority share.

Business

New CEO stands by 737 MAX, eyeing reset at troubled Boeing

Boeing Chief Executive David Calhoun sought to pivot from a bruising period of crisis and scandal on Wednesday, pledging a renewed commitment to safety and transparency and endorsing the long-term viability of the 737 MAX ...

Business

Payout for Musk as Tesla value tops $100 bn

Tesla's market value hit $100 billion for the first time Wednesday, triggering a payout plan that could be worth billions for Elon Musk, founder and chief of the electric carmaker.

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