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Maersk signs deal with Starlink for its ocean fleet

WIL BALDWIN October 12, 2023

Copenhagen, Denmark, October 12, 2023 – A.P. Moller - Maersk (London: 0O77) is embarking on a collaboration with Starlink, the pioneering satellite internet constellation developed by Space Exploration Technologies Corp., commonly referred to as SpaceX. SpaceX…

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Tesla Wants to Become an Electricity Retailer

WIL BALDWIN August 30, 2021

Story By RAKESH SHARMA Last week, Tesla Energy Ventures, a new subsidiary of electric car maker Tesla Inc. (Nasdaq: TSLA), filed an application to become a retail electricity provider in the state of Texas. According to…

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Tesla to set up electric car manufacturing unit in southern India

WIL BALDWIN February 13, 2021

From Reuters News by By Bhargav Acharya and Aakriti Bhalla... BENGALURU, India, February 14 (Reuters) - Billionaire Elon Musk's Tesla, Inc. (Nasdaq: TSLA) will set up an electric-car manufacturing unit in the southern Indian state…

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Tesla Invests $1.5 Billion with Bitcoin

WIL BALDWIN February 8, 2021

On Monday morning, February 8th 2021, Tesla disclosed in a SEC filing that it had invested $1.5 Billion in Bitcoin, the most commonly known form of cryptocurrency. The company also noted that it is planning…

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Tesla to be Added to the S&P 500 Index

WIL BALDWIN November 16, 2020

Tesla (Nasdaq: TSLA) will be joining the S&P 500 index, expanding its investor base and putting the electric car maker in the same company as market behemoths such as Alphabet, Amazon.com, Apple, and Microsoft. The…

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Mercedes-Benz Berlin Plant Boss to Join Tesla

WIL BALDWIN November 11, 2020

FRANKFURT (Reuters) - The head of the Berlin engine plant run by Mercedes-Benz has defected to rival Tesla <TSLA>, German union IG Metall said on Wednesday, calling on employees to protest over his departure. IG…

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VW Not Seeking Deal With Tesla – CEO Diess

WIL BALDWIN September 7, 2020

FRANKFURT, Sept 7 (Reuters) - Volkswagen's Chief Executive Herbert Diess on Monday sought to quell speculation that the world's largest carmaker, which is on a mass production push for electric cars, has plans to develop…

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Tesla Announces a Five for One Stock Split

WIL BALDWIN August 12, 2020

PALO ALTO, Calif., Aug. 11, 2020 (GLOBE NEWSWIRE) -- Tesla, Inc. (“Tesla”) announced today that the Board of Directors has approved and declared a five-for-one split of Tesla’s common stock in the form of a stock dividend to make…

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Tesla Reports Q2 Profit, Announces Texas Gigafactory

WIL BALDWIN July 26, 2020

Tesla (TSLA) posted a surprise second-quarter profit last week on cost cutting and strong deliveries, offsetting the effects of its Covid-19 related factory shutdowns. The report may help the electric vehicle manufacturer gain inclusion into…

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Tesla Negotiating for Possible Texas Vehicle Assembly Plant

WIL BALDWIN June 15, 2020

(Reuters) - Electric carmaker Tesla Inc is negotiating possible incentives with a Texas county that could bring a new auto assembly plant to the area near Austin, the state capital, the Austin American-Statesman reported on…