As Wall Street analysts & Tesla investors had suspected, Musk offloaded 4.4 million shares on 26 April & 27 April to cover the $21 billion equity portion that he’s personally guaranteed.
Musk’s greater involvement in Twitter is worrisome due to his track record as a self-proclaimed 'free-speech absolutist' who hasn’t always acted as a free speech advocate.
The govt has said it is keen for Tesla to make cars in the country, but appears to be using their interest to try and gain benefits for the nascent local electric car industry.
Telangana, Maharashtra, Bengal ministers & Punjab Congress chief Navjot Sidhu responded to Musk's tweet, which said Tesla 'still working through a lot of challenges with govt'.
Tesla CEO and Modi’s administration have been in talks for years, but disagreements over a local factory and the country’s import duties of as much as 100% have led to an impasse.
The world’s two biggest automakers — each sold roughly 10 or 11 cars for every one Tesla did last year — realize the age of EV is here and are gaming out how to stay on top.
Report looks at imbalance between equity & corporate bond markets amid India’s growth ambitions and diverse capital needs, while outlining strategy to unlock full potential.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.
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