Business Standard brings you the top headlines on Wednesday
Companies in Shanghai are only allowed to reopen if they can operate under such an arrangement, which requires workers to be isolated
Indonesia for years has been trying to secure a deal with Tesla on battery investment and potentially for Musk's SpaceX aerospace company.
He tweeted: "To find out, my team will do a random sample of 100 followers of @twitter. I invite others to repeat the same process and see what they discover"
Agrawal said that regardless of the company's future ownership, Twitter will be improved as a product and business for customers, partners, shareholders, and all of the users
Most of the vapourisation is coming from investors abandoning Tesla. Their carp is that legal issues at Twitter might distract the maverick suitor
Shares of Tesla and Twitter have tumbled this week as investors deal with the fallout and potential legal issues surrounding Tesla CEO Elon Musk and his $44 billion bid to buy the social media platform. Of the two, Musk's electric vehicle company has fared worse, with its stock down almost 16% so far this week to $728. Twitter shares fell 9.5% for the week, closing Thursday at $45.08. Both stocks have taken a bigger hit than the S&P 500, which is down 4.7% for the week. Along with malaise in the broader markets, investors have had to weigh legal troubles for Musk, as well as the possibility that his acquisition of Twitter could be a distraction from running the world's most valuable automaker. The Wall Street Journal reported Wednesday that U.S. securities regulators are investigating Musk's tardy disclosure that he had bought more than 5% of Twitter shares. Musk now owns more than 9% of the San Francisco company. The SEC wouldn't comment, and a message was left for Musk's ...
Ford scrapped its EV plans in India. Tesla is also exploring options in Indonesia after haggling with India over duties and tariffs. Let's find out if India's EV policies require some tweaking
To meet ambitious electric vehicle targets, Indonesia has drawn in several battery and car manufacturers in recent months with a variety of incentives
Tesla's production in the country also slid 81 per cent to 10,757 vehicles in April, compared with 55,462 in March
Pre-trial decision represented a major victory for investors in a lawsuit accusing the world's richest person of inflating stock prices.
Electric car-maker Tesla has recalled 130,000 cars to fix touchscreen issues caused by an overheating central processing unit (CPU)
Vijay Shekhar Sharma, however, warned Musk about the challenges of building full-self driven cars on Indian roads because of running into the risk of 'most unruly road users'
His Twitter remark led several Indian Twitter users to respond to Musk's tweet, asking, "Any plans to visit India soon?"
The post came a few days after the Tesla CEO announced acquisition of Twitter for $44 billion.
Serum Institute of India (SII) CEO Adar Poonawalla on Sunday wooed Elon Musk to invest in India to manufacture Tesla electric cars, saying it will be the best investment he would have ever made.
Tesla CEO Elon Musk has revealed that Twitter will focus deeply on hardcore software engineering, design, and more, following the completion of the acquisition of the micro-blogging site.
Twitter has acknowledged for the first time that its core advertising business could be at risk amid the $44 billion takeover by Elon Musk
Union road transport and highways minister Nitin Gadkari on Monday said that if the US-based EV maker Tesla manufactures its electric vehicles in India then the company will also get benefits. Addressing an event here, Gadkari said days are not very far when the prices of all electric vehicles will be less than the cost of petrol vehicles in the country. "Agar Tesla India me electric car manufacture karega toh unka bhi fayda hoga (If Tesla manufactures its electric vehicles in India then they will also get benefits)," he said. Earlier on April 26, Gadkari had said, if Tesla is ready to manufacture its EVs in India then there is 'no problem', but the company must not import cars from China. "If Elon Musk (Tesla CEO) is ready to manufacture in India then there is no problem ... Come to India, start manufacturing, India is a large market, they can export from India," he had said at an interactive session at the Raisina Dialogue. Last year, the heavy industries ministry had also asked
He sold about 9.6 million shares this week