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European Car Sales Rise 10 Percent in September
Business News

European Car Sales Rise 10 Percent in September

Registrations of new cars in the EU increased by 10 percent in annual terms in September, to 888,672, according to statistics from the industry organization Acea. It is the third month in a row with an increasing trend
Tesla Chairman Urges Approval of Musk's $1,000 Billion Compensation
Business News

Tesla Chairman Urges Approval of Musk's $1,000 Billion Compensation

Vote yes to Elon Musk's compensation package of approximately 1,000 billion dollars. Otherwise, he might quit as CEO of the electric car giant, warns chairman of the board Robyn Denholm
Five Tech Giants Set to Influence Wall Street Trends
Business News

Five Tech Giants Set to Influence Wall Street Trends

This week, quarterly reports are expected from some of the world's most highly valued listed companies – when five of Wall Street's seven most index-heavy tech giants, called "the magnificent seven", release their figures. They are likely to affect the stock market mood for the rest of the year
Wall Street Rises Amid Trump's Sanction Threats on Russian Oil
Business News

Wall Street Rises Amid Trump's Sanction Threats on Russian Oil

Energy companies and technology giants were among the winners on the stock exchange in the USA since President Donald Trump announced harsh sanctions against the Russian oil industry.
Tesla Sales Rise 12 Percent in Q3 but Stock Drops 2 Percent
Business News

Tesla Sales Rise 12 Percent in Q3 but Stock Drops 2 Percent

Tesla increased its sales by 12 percent during the year's third quarter. The profit for the American electric car manufacturer was, however, worse than expected
Tesla Stock Soars After Elon Musk Parts Ways with Trump
Business News

Tesla Stock Soars After Elon Musk Parts Ways with Trump

Tesla has not had a record year in terms of sales. But on the stock exchange, the share has soared since this spring, not least since CEO Elon Musk left the White House
Norwegian Firm Reported to Police for Breaking Tesla Blockade in Kalmar
Business News

Norwegian Firm Reported to Police for Breaking Tesla Blockade in Kalmar

A Norwegian company has been hired by Tesla to break the union blockade in Kalmar. Now the union is reporting the company to the police
US Stock Market Rebounds with Gains in S&P 500 and Nasdaq
Business News

US Stock Market Rebounds with Gains in S&P 500 and Nasdaq

After a sharp decline on Friday, the New York stock exchange turned up again on Monday. The broad S&P 500 index rose 1
S&P 500 Dips After Seven-Day Rise as Ford and Tesla Shares Fall
Business News

S&P 500 Dips After Seven-Day Rise as Ford and Tesla Shares Fall

New York stock exchange's broad S&P 500 fell on Tuesday after seven days of rise. At the close, the index stood at minus 0
Tesla Unveils Affordable Model Y Variant Amid US Subsidy Cuts
Business News

Tesla Unveils Affordable Model Y Variant Amid US Subsidy Cuts

Tesla will launch a new cheaper variant of Model Y. Analysts see it as a way to tackle difficulties in the USA where important subsidies have been removed
Self-driving Teslas Fail to Stop at Train Crossings in the US
Business News

Self-driving Teslas Fail to Stop at Train Crossings in the US

Several Tesla drivers in the USA have recently alerted to problems with the cars' self-driving mode. The cars do not stop at railway crossings
Tesla Stock Surges 3.6 Percent Boosting Wall Street Indexes
Business News

Tesla Stock Surges 3.6 Percent Boosting Wall Street Indexes

Leading indexes on the stock exchange in the USA rose on Monday, partly thanks to a sharp increase in Tesla.
Elon Musk Buys $1 Billion in Tesla Shares, Boosting Stock by 7%
Business News

Elon Musk Buys $1 Billion in Tesla Shares, Boosting Stock by 7%

The electric car manufacturer Tesla's founder and CEO Elon Musk has bought Tesla shares for about one billion dollars (equivalent to 9. 3 billion kronor), according to documents submitted to the US financial supervision authority SEC
Warner Bros Discovery Surges on Wall Street Amid Paramount Bid Rumors
Business News

Warner Bros Discovery Surges on Wall Street Amid Paramount Bid Rumors

The leading indexes on Wall Street recorded new records on Thursday. Streaming giant Warner Bros Discovery surged 30 percent after reports of an impending bid from competitor Paramount
Tesla Board Proposes New Bonus Plan for Elon Musk
Business News

Tesla Board Proposes New Bonus Plan for Elon Musk

Tesla's board wants to give the electric car company's founder and CEO Elon Musk a new bonus plan, reports CNBC with reference to financial documents.
Mediation Institute Ends Efforts in Tesla-IF Metall Dispute
Business News

Mediation Institute Ends Efforts in Tesla-IF Metall Dispute

The conflict between the electric car manufacturer Tesla and IF Metall regarding collective agreements has been prolonged.
Tesla's Decline in Swedish Market Persists as Volvo Leads
Business News

Tesla's Decline in Swedish Market Persists as Volvo Leads

Tesla's collapse on the Swedish car market continues, while Volvo Cars consolidates its position as the first choice among Swedish car buyers, show August figures from Mobility Sweden. In total, the number of newly registered passenger cars increased to 20,168 during the month, an increase of 6 percent on an annual basis
Tesla Sales Decline in Europe for Seventh Consecutive Month
Business News

Tesla Sales Decline in Europe for Seventh Consecutive Month

Tesla's sales continue to decrease in Europe.
Tech Stocks Continue to Decline on Wall Street Amid Investor Concerns
Business News

Tech Stocks Continue to Decline on Wall Street Amid Investor Concerns

The negative trend on the New York stock exchange continued on Wednesday. Another heavy day was recorded for the major technology companies
Tech Giants Boost Wall Street as Nasdaq and S&P 500 Surge
Business News

Tech Giants Boost Wall Street as Nasdaq and S&P 500 Surge

The US stock market started the trading week on the plus side – after having closed on Friday with falling prices due to weak job figures and a concern about how the US tariffs will affect. Of the so-called "magnificent seven" companies, it was only Amazon that was traded downward
Tesla Board Approves 300 Billion Kronor Share Award for Elon Musk
Business NewsTop News

Tesla Board Approves 300 Billion Kronor Share Award for Elon Musk

Electric car manufacturer Tesla's board approves that CEO Elon Musk is awarded 96 million shares, valued at approximately 300 billion kronor.
Wall Street Hits Fifth Consecutive Record as Week Ends
Business News

Wall Street Hits Fifth Consecutive Record as Week Ends

New York stock exchange ended the week with a record – again. The broad S&P500 index closed at a new record level for the fifth day in a row and the technology-heavy Nasdaq's composite index for the fourth time this week
Wall Street Hits New Record Levels Amid Strong US Labor Market
Business News

Wall Street Hits New Record Levels Amid Strong US Labor Market

Again, the US labor market shows stubborn strength, which reduces the chances of a rate cut. At the same time, the New York stock exchange climbed to new record levels
Tesla Stock Drops Over 8 Percent Amid Global Challenges
Business News

Tesla Stock Drops Over 8 Percent Amid Global Challenges

Tesla stock fell by more than 8 percent on the New York stock exchange on Thursday. The decline in price means that Tesla's stock market value has decreased by almost a quarter so far this year
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