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Reuters
Dec 26, 2022, 5:38 PM
Analysts say investors are worried that Musk may need to sell shares further to fund Twitter and sentiment around the acquisition of the social media firm could hurt the EV maker's brand.
1 Min
Reuters | Dec 26, 2022Elon Musk's Vow To Not Sell More Tesla Stock Fails To Calm InvestorsTesla shares are down 64% for the year, in what could be their worst annual performance since going public in 2010 as investors worry that Twitter was consuming much of the billionaire's time.2 mins read
Reuters | Dec 26, 2022Israeli Startup Makes Inroads With Personal Flying VehicleThe test-phase voyage may not look out of the ordinary at first given the huge progress made in drone technology. Another propellered aircraft rising vertically off the ground and then thrusting forward high in the sky.1 min read
Reuters | Dec 25, 2022Investor In Musk's Twitter Buyout Expects To Make Up To Five Times Its MoneyOne of the biggest investors in Musk's acquisition of Twitter, Aliya Capital Partners LLC, said it expects to make up to five times its money despite the social media company's problems.2 mins read
Reuters | Dec 25, 2022TuSimple Plans To Layoff Half Its Workforce Next Week - ReportSelf driving trucking company TuSimple Holdings Inc plans to potentially cut half of its workforce next week.1 min read
Reuters | Dec 25, 2022Mahindra To Invest $1.2 Billion (Rs. 10,000 Crore) In New EV PlantMahindra Ltd said it would invest 100 billion rupees ($1.21 billion) to set up an electric vehicle (EV) manufacturing plant near the western city of Pune.1 min read
Reuters | Dec 25, 2022China's Li Auto Sees Higher Deliveries In Q4; Third-Quarter Loss WidensLi Auto Inc forecast higher delivery of vehicles and a rise in revenue in the fourth quarter, banking on a production ramp-up and better cost management.1 min read
Reuters | Dec 25, 2022China's CATL To Provide EV Batteries For Honda Starting In 2024CATL would supply batteries for seven years for Honda's electric vehicles in China.1 min read
Reuters | Dec 25, 2022Swedish Self-Driving Truck Start-Up Einride Raises More CashEinride had agreed to raise capital of $500 million from debt, equity and the conversion of earlier loans, speeding up the company's ability to pursue new markets and customers.1 min read
