Tesla shares have surged eightfold this year and Musk’s net worth has soared by $132.2 billion to $159.7 billion, making him the world’s second-richest person.
Automakers are finding the cost of electric vehicle tough to digest, especially after Covid. Hybrids are one compliance solution, if not necessarily the technology transition.
China's renewed interest in hydrogen could put it further ahead of US in next-generation autos even as President-elect Joe Biden tries to promote clean-car development.
Tesla's Shanghai factory opened for local deliveries at the start of this year. It will start shipping cars to more than 10 countries, including Germany, France & Switzerland.
Musk, now one of four centibillionaires in the world, has seen his fortune grow by $73.6 billion this year, a jump still smaller than Bezos’s, who is up by $87.1 billion.
Nikola Corp., whose market worth is $10.5 billion currently, promises clean energy transport and has been touted as Elon Musk's biggest upcoming contender.
From Silicon Valley labs to Chinese manufacturers, optimism over the lithium-ion battery’s longer-term outlook is undimmed as companies say the battery will become more powerful, cheaper and ubiquitous.
Navy looking at about 26 multi-role deck-based fighters for its aircraft carrier. Visit by Super Hornets comes close on heels of similar trip by competitor Rafale M of Dassault Aviation.
That temples were destroyed and mosques built is undisputed history. The past can’t be changed, but we can’t deny the wrongs of the past either before we consider reconciliation.