Cars
Reuters
Nov 21, 2021, 10:33 PM
According to the complaint, Tesla in 2014 sold warrants to JPMorgan that would pay off if their "strike" price was below Tesla's share price when the warrants expired in June and July 2021.
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Reuters | Nov 21, 2021Ferrari Unveils Limited-Run Daytona SP3The Daytona SP3 will be produced in 599 units, with a not-for-everyone price of 2 million euros ($2.26 million) in Italy. Deliveries will start at the end of next year and are expected to be completed in 2024.1 min read
Reuters | Nov 21, 2021Uber Introduces Revamped Shared Rides Offer In The U.SPassengers booking a shared ride can now earn additional discounts in Uber credit, not cash, if another rider joins their trip.1 min read
Reuters | Nov 21, 2021Tesla Climbs As Other EV Makers Hit Brakes After RallyInvestors exchanged $33.8 billion worth of Tesla shares on Wednesday, more than any other company on Wall Street and more than double the turnover of Apple, the second most traded company, according to Refinitiv.1 min read
Reuters | Nov 21, 2021Fisker Unveils Electric SUVs To Beat Tesla Over Driving RangeFisker said the base Ocean Sport model will be priced at $37,499 and achieve a driving range of 250 miles per charge.1 min read
Reuters | Nov 21, 2021Canada's Power Chip Maker GaN Systems Raises $150 Million, Pushes On Electric Car MarketBMW and Toyota Motor Corp have been investors in GaN Systems for several years, and Witham said GaN recently signed its first "capacity agreement" with BMW to guarantee delivery of power chips worth over a quarter of a billion dollars.1 min read
Charanpreet Singh | Nov 21, 2021Delhi Government Urges Vehicle Owners To Get Colour-Coded Stickers For Fuel IdentificationThese chromium-based hologram colour-coded stickers help enforcement personnel visibly identify the fuel type of vehicle during checks on the roads.1 min read
Sameer Contractor | Nov 21, 2021Maruti Suzuki Ciaz-Based Toyota Belta Sedan Revealed For The Middle EastThe Toyota Belta only gets a slightly tweaked grille to accommodate the new logo and is only offered with an automatic transmission in the Middle East. It's likely to go on sale in India next year.1 min read
Charanpreet Singh | Nov 21, 2021MG Astor Batch 1 Deliveries Could Be Delayed Due To Semiconductor ShortageIn a recent development, the Chinese-owned British automaker has said that Astor's batch one deliveries could be delayed because of the semiconductor shortage.1 min read
