Tesla rakes in record $5.5 billion profit in 2021

Elon Musk’s group managed to boost its shipments by 87% last year despite the shortage of semiconductors and supply problems. Tesla, benefiting from the craze for its electric vehicles, made a record $5.5 billion profit in 2021, but warned that problems with its supply chain could linger throughout the year. Read alsoThe irresistible rise of … Read more

Lawsuit claims 258 billion USD from Elon Musk for his support of dogecoin

Complaints from investors who feel cheated by the promises of virtual currencies are currently increasing in the United States. An investor who lost money betting on dogecoin, a cryptocurrency originally parody inflated in particular by the interest of Elon Musk, filed a lawsuit on Thursday claiming $ 258 billion from the multi-billionaire and his companies … Read more

Teslas involved in 273 accidents in the United States

In total, Tesla models were the subject of nearly 70% of the reports of the 392 accidents listed, for almost all between July 2021 and mid-May 2022, according to the NHTSA. Tesla-branded vehicles equipped with self-driving software have been involved in 273 crashes in the United States, according to a report released Wednesday by the … Read more

Oil weakens on inflation and fears of recession in the United States

Oil prices slid on Monday, weighed down by fears of economic recession and galloping inflation in major crude-consuming countries like the United States, when in China, the possibility of new confinements in the largest cities worries. Around 9:20 a.m., a barrel of Brent from the North Sea for delivery in August lost 1.11% to 120.66 … Read more

Inflation rises in the United States, so do Fed rates

Faced with inflation that continues to climb in the United States, even becoming Joe Biden’s economic priority, the American central bank is preparing to raise its key rates for the third time on Wednesday, and could accelerate the movement. The monetary policy committee, the decision-making body of the Fed, meets on Tuesday and Wednesday. A … Read more

Tesla wants to divide its share by three to attract employees and small shareholders

Other stock market giants, such as Amazon, whose stock has exploded recently, have carried out similar operations. The electric vehicle manufacturer Tesla will split its share on Wall Street by three to make the title more accessible to its employees and small shareholders, thus imitating several big names in tech. The company led by Elon … Read more

regulator expands probe into Tesla collisions with emergency vehicles

The US Highway Traffic Safety Agency (NHTSA) has expanded the investigation it opened last summer into Tesla’s driver assistance system being responsible for a series of crashes with emergency vehicles, according to released documents. Thursday, June 9. The investigation has moved from the preliminary evaluation stage to that of engineering analysis, the last stage before … Read more

the stock market regulator proposes measures for more transparency and competition

Gary Gensler, the chairman of the American stock exchange authority, the SEC, unveiled on Wednesday June 8 a series of reform projects intended to make the stock market “more transparent and competitive┬╗, especially for small investors. Read alsoIn the face of inflation, the Indian central bank raises its rate a second time The aim of … Read more

US announces $100 million for medical training in Latin America

The United States announced a $100 million plan on Wednesday to train half a million health professionals in Latin America, at the Summit of the Americas in Los Angeles. The new Health Corps of the Americas will aim, over five years, to improve the skills of 500,000 employees in the sector, particularly in the fields … Read more

Tesla Generates Record Q3 Profits on Strong Sales

The company had already announced that it had delivered a record number of 241,300 vehicles over the period. Electric vehicle maker Tesla posted record profits for the third straight quarter as Elon Musk’s group managed to ramp up production despite logistical challenges plaguing the auto sector. Read alsoTesla’s brilliance benefits a myriad of start-ups The … Read more