Alastair Stewart should take comfort in the reaction of his friends and fans February 6, 2020 Last week this column made way for my interview with Sadiq Khan, so I didn’t have the chance to write about the outrageous treatment of broadcaster Alastair Stewart. In the week since, the veteran journalist has maintained a dignified silence, but the chorus of support from friends, colleagues and strangers has grown ever louder. To recap, [...]
DEBATE: Is 2035 too soon to ban petrol and diesel new car sales? February 6, 2020 Is 2035 too soon to ban petrol and diesel new car sales? Alex Buttle, director of car selling comparison website Motorway.co.uk, says YES. The government already had its work cut out to meet its previous 2040 deadline, and endless confusion over Brexit and the car industry’s future haven’t helped consumer confidence to make the switch [...]
Relief for shortsellers as Tesla stock slumps 14 per cent February 5, 2020 Investors betting against electronic carmaker Tesla may breathe a sigh of relief after its stock slumped more than 14 per cent. Tesla is the largest short in the domestic market with short interest of $14.28bn, but short sellers have been dealt a blow in the last week as Tesla’s stock climbed above $900 (£692.7). Tesla’s [...]
Fresh blow for Tesla short-sellers as shares fly past $900 February 4, 2020 Investors betting against Tesla were dealt a further blow this afternoon as the firm’s share price jumped more than 17 per cent in early trading. The electric car maker’s stock was up as high as $921 shortly after markets opened, before dipping to just above the $900 mark. It is the latest spike amid a [...]
Tesla short-sellers extend their losses following share price surge February 2, 2020 Investors betting against Tesla suffered losses of $1.5bn in mark-to-market losses after Tesla beat analyst estimates in its fourth quarter results last week. Thursday’s losses bring Tesla shorts down $5.6bn in 2020 in mark-to-market losses, according to data provider S3 Partners. Tesla is the largest short in the domestic market with short interest of $14.28bn. [...]
Elon Musk just released an EDM track on Soundcloud January 31, 2020 Elon Musk has never been afraid of exploring new territory and has today released his first electronic dance music (EDM) track The Tesla boss has titled the song “Don’t Doubt Ur Vibe” and changed his Twitter handle to E “D” M. Musk shared a teaser of himself in the studio before releasing the track shortly [...]
Tesla shares hit record high after beating revenue and profit estimates January 29, 2020 Tesla shares soared after reporting fourth quarter revenue and profit which beat analysts’ estimates. The company said its Model 3 and Model Y electric sport utility vehicle capacity should reach 500,000 units per year in the Fremont factory, sending it shares up 13 per cent in after hours trading above $655. Tesla’s stock has more [...]
Tesla becomes world’s second most valuable car maker at $100bn January 22, 2020 Tesla’s market capitalisation soared past the $100bn mark today as shares rallied, making it the world’s second most valuable car maker and putting chief executive Elon Musk in line for a big payday. Tesla shares have risen more than eight per cent today to hit an intra-day high of $594.48, pushing its market capitalisation up [...]
Porsche enjoys record sales despite industry struggles January 13, 2020 Porsche has powered ahead of an industry-wide sales slowdown for car makers, reporting record deliveries for 2019. The German luxury manufacturer said global deliveries rose 10 per cent to 280,000 cars in 2019, driven by demand for the Macan and Cayenne SUV models. Read more: Carmaker Porsche facing German tax investigation Meanwhile, it predicted that [...]
Founders need the stamina to run a marathon, not a sprint January 13, 2020 Who’d have thought it? Turns out that marathons are good for you. New research last week revealed that one of the best ways to reduce your cardiovascular age is to get your jogging shoes on and complete the mammoth test of endurance. This comes despite years of expert warnings that this type of exercise was [...]