NEW YORK (Reuters) – Options investors are raising the stakes on some of this year’s biggest winners, including Amazon.com Inc (AMZN.O), Netflix Inc (NFLX.O) and Tesla Inc (TSLA.O), even as they become cautious on the general market amid a coronavirus outbreak in the United States. The Netflix, Tesla and Amazon …
Read More »German court bans Tesla ad statements related to autonomous driving
FRANKFURT (Reuters) – Germany has banned Tesla from repeating what a court says are misleading advertising statements related to the capabilities of the company’s driver assistance systems and autonomous driving, a Munich judge ruled Tuesday. FILE PHOTO: Tesla Super Chargers Show in Mojave, California, USA, July 10, 2019. REUTERS / …
Read More »Free pizza and a 75-foot musk statue: the battle for the next Tesla plant
(Reuters) – Tulsa, Oklahoma, is an oil industry city with a 75-foot (23m) statue called “The Golden Driller.” FILE PHOTO: Tesla Inc CEO Elon Musk speaks at an opening ceremony for Tesla’s Model Y show, made in China, in Shanghai, China on January 7, 2020. REUTERS / Aly Song / …
Read More »Electric car maker Fisker will go public through a SPAC deal with a valuation of $ 2.9 billion.
(Reuters) – Electric car maker Fisker will publish a merger with a blank checking company backed by private equity firm Apollo Global Management Inc to a valuation of $ 2.9 billion, the companies said Monday. FILE PHOTO: The Fisker logo is seen on a Fisker Karma car at the “Auto …
Read More »Ford’s Bronco SUV takes on the FCA Jeep
DETROIT (Reuters) – Ford Motor Co (FN) On Monday launched the product and marketing strategy for its new Bronco SUV family, designed to take a bite out of Fiat Chrysler cars (FCHA.MI) (FCAU.N) Profitable Jeep franchise. In this computer-generated image, taken on July 2, 2020, a line of Ford Broncos …
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