Markets Tesla shares surge on hopes for self-driving rules relaxation Tesla may soon overcome a critical regulatory hurdle for its autonomous driving system, with Elon Musk's support for Donald Trump appearing to pay off. If the electric carmaker's Robotaxi services receive regulatory approval, it could usher in another phase of meteoric growth for the company. 19/11/2024
Business Volkswagen announces plans for electric tie-up with Rivian As car makers face problems with demand and slower sales in connection with electric vehicles, Volkswagen is teaming up with EV producer Rivian. 13/11/2024
Business Musk's backing of Trump sees Tesla's value pass trillion-dollar mark Tesla shares soared 29% last week as Donald Trump won the US presidential election, sparking optimism towards a regulatory tailwind from which the car maker could benefit. 11/11/2024
Business Tesla shares leap as Trump win sets stage for Musk's EV business Shares of Tesla have jumped following an election result that will send Donald Trump back to the White House, an outcome that has been strongly backed by CEO Elon Musk in the closing months of the race. 06/11/2024
Business Market winners and losers as Trump secures historic victory As Donald Trump returns as the 47th US president, several markets respond strongly to his policy shift. Here are five winners and losers as investors adjust to the new US administration. 06/11/2024
Business Tesla shares take off on strong earnings as Cybertruck makes a profit Tesla shares soar following better-than-expected third-quarter earnings as its electric car sales returned to growth, while the Cybertruck achieved profitability for the first time. 24/10/2024
Europe News Elon Musk accuses German magazine of encouraging his assassination In an article arguing the tech billionaire is a threat to democracy in the US, Der Spiegel drew a parallel between the X owner and Nazi-era media mogul Alfred Hugenberg. 22/10/2024
Business Tesla gets go-ahead for controversial factory expansion in Germany The US electric car maker has plans to build the biggest car plant in the country, manufacturing one million cars annually. 16/10/2024
Tech News Tesla's Cybercab reveal: Is this the 'ChatGPT moment for robotaxis'? What to know about Elon Musk's newly unveiled robotaxi and why Europe risks losing the autonomous vehicle race. 11/10/2024
Business Tesla unveils long-awaited Robotaxi - is it enough for investors? Tesla reveals its long-awaited Robotaxi, along with a new Robovan and an upgraded version of its humanoid robot "Optimus". However, the event may not significantly boost Tesla's share prices due to the lack of information exceeding investors' expectations. 11/10/2024
Business Time for the Robotaxi? Future trend in focus ahead of Tesla update Tesla is expected to report a record number of deliveries for the third quarter next week, fuelled by strong sales growth in China. The upcoming Robotaxi event is likely to be a key focus, shaping the future trend of its stock. 26/09/2024
Tech News What does the growing Musk-Meloni alliance mean for Italy and the EU? Italy has led the way for Musk's companies to invest in satellite internet and space. Will it in return be supported by the EU line on social media and issues dear to the right? An award the high-tech magnate presented to Meloni on Monday raises several questions. 25/09/2024
Business Why are European carmakers struggling in the electric vehicle market? European carmakers are struggling in the global electric vehicle market, with key brands like Stellantis, Mercedes and Volkswagen losing ground to competitors. High costs and limited new models are hindering growth, with BMW being a rare exception among European brands. 11/09/2024
Business EU scales down proposed tariffs on Teslas and other Chinese EVs Suggested rates have been trimmed because of new information from companies, although EU member states must still vote on the proposals. 10/09/2024
Mobility Could Telsa's self-driving cars hit Europe's roads next year? Tesla is also expected to reveal its robotaxi "Cybercab" in October in the US. 05/09/2024
Economy China holds off on EU brandy tariffs as subsidy spat drags on Beijing moves to de-escalate trade tensions after the EU imposed tariffs on Chinese electric vehicles. 29/08/2024
Business BMW overtakes rival Tesla to take the top spot in European EV sales Sales of fully electric BMWs rose by more than a third in July, although the German carmaker still trails behind Tesla in year-to-date sales. 23/08/2024
Business EU cuts tariff on China-made Tesla vehicles: What impact on prices? The European Commission has significantly reduced the import duty on Tesla vehicles manufactured in China, potentially paving the way for a surge in sales across the region. Chinese EV exports to the EU experienced a sharp decline in response to the proposed tariffs. 21/08/2024
Business Tesla recalls more than 1.6 million cars for remote software fix Tesla is recalling 1.68 million cars in China for a remote software upgrade to ensure that they warn the driver when the trunk is not locked shut, China's market regulator said. 07/08/2024
Mobility Tesla in fatal US car crash used self-driving system, authorities say A car crash in the US state of Washington involved Tesla's "Full Self-Driving" system. 31/07/2024