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Markets

Tesla shares rally as investors anticipate growth after Trump victory

Tesla's stock regains popularity as investors expect its Robotaxi and FSD technology to drive another phase of growth acceleration. The stunning performance drove Tesla's Price-to-Earnings(P/E) ratio to 103, the highest among the big seven stocks.

The Big Question

The Big Question: What is the secret to being the world’s best brand?

The world’s biggest brands have missed out on $200bn (€192bn) of revenue in the past year. What could they have done better?

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.

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.

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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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.