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US tech giants Tesla, Apple and Amazon saw billions wiped off of their combined valuations as the tech-heavy Nasdaq stock market fell 4 per cent on Tuesday.
It marks the…
Read MoreElon Musk calls for Amazon to be “broken up” in Twitter spat
Elon Musk has called for Amazon to be “broken up” in a tweet directed at Jeff Bezos after the retailer refused to sell a book about COVID-19.
The Tesla founder…
Read MoreAmazon, Apple, Tesla and Walmart to take hit from coronavirus shutdown as $420bn wiped off economy
Retailers including Amazon, Apple and Walmart are set to see a hit to revenues as they shutter operations in China while the coronavirus wipes $420 billion (£320 billion) from its…
Read MoreElon Musk faces calls to resign over Walmart solar fires
Elon Musk is facing calls from short sellers to resign as Tesla chief executive over allegations that its solar panels caused numerous fires at Walmart stores. Tesla has come under…
Read MoreWalmart sues Tesla after 7 of its stores catch fire
Walmart is suing Tesla over accusations that seven of its solar systems installed on top of stores have caught fire.
Tesla’s stock dipped more than one per cent after Walmart…
Read MoreTesla set to raise $2bn through stock offerings to keep its head above water
Tesla has announced plans to raise about $2 billion in capital through debt and stock offerings, as the car makers struggles to keep its head above water. Earlier this week…
Read MoreTesla expected to embark on fresh funding round as debt pressure grows
Tesla is beggining to feel the pressure of a growing debt pile and may soon need to embark on a further funding round to stay afloat. The electric car maker…
Read MoreTesla reports $702m loss in “one of the most complicated quarters” in its history
Tesla has reported a dramatic drop in profits for the first quarter of 2019, adding that it doesn’t expect to return to profit until the third quarter. For the first…
Read MoreAmazon to launch thousands of satellites to provide high-speed internet anywhere on earth
Amazon is planning to launch thousands of satellites into orbit in an effort to provide high-speed internet to any place on earth. According to CNBC, the retailer is working on…
Read MoreTesla reports largest sales drop in its history as shares plummet
Tesla shares have dive-bombed as much as nine per cent this morning as the electric car maker revealed the largest decline in deliveries in its history. In the three months…
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