NEW YORK (Reuters) – Short-sellers who had targeted Tesla Inc (TSLA.O) logged a $700 million paper profit on Thursday after the stock fell nearly 9 percent a day after Chief Executive Elon Musk stunned analysts by dodging “boring” questions about the electric car maker’s financial outlook. The windfall wiped out short-sellers’ 2018 losses on Tesla,… Continue reading UPDATE 1-Musk’s conduct, Tesla stock slide make $700 mln profit for short-sellers
Category: Aspiring OEMs
Brabham BT62: 700bhp track-only hypercar revealed
The new Brabham BT62, a McLaren Senna-rivalling 700bhp track-only hypercar, has been launched at Australia House in London, with its maker claiming the car will “reward like no other”. Priced at £1 million before taxes and options, the BT62 is the first car from Brabham Automotive, which is run by former Formula 1 racer and… Continue reading Brabham BT62: 700bhp track-only hypercar revealed
Overstock.com to Purchase Common Stock in Elio Motors
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Elio Motors Inc. Files Registration Statement for Proposed Public Offering
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Elio Motors signs agreement with AISIN Group
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Elio Motors Turns to Bosch for Safety, Powertrain Components
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BASF Chosen by Elio Motors as Supplier for Paints, Coatings and Finishes
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Elio Motors Continues to Secure Binding Commitments for its Ultra High-Mileage, Low Priced Vehicle
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Climate Control: Elio Motors Names RedDOT Corporation as Heating Ventilation and Air Conditioning Supplier
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UPDATE 3-T-Mobile agrees to acquire Sprint for $26 bln
(Reuters) – T-Mobile US Inc agreed on Sunday to acquire peer Sprint Corp, in a $26 billion all-stock deal that will combine the third and fourth largest U.S. wireless carriers and is expected to attract regulatory scrutiny over its impact on consumers. Smartphones with the logos of T-Mobile and Sprint are seen in this illustration… Continue reading UPDATE 3-T-Mobile agrees to acquire Sprint for $26 bln