Spanish oil giant Repsol pledges to cut emissions to zero by 2050 December 3, 2019 On Monday Spanish oil giant Repsol pledged that it would reduce net carbon emissions from its operations and products to zero, taking a €4.8bn (£4.1bn) value hit in the process. The company, which described the move as an industry first, announced the step on the first day of the UN climate change summit in Madrid. [...]
Tesla CEO Elon Musk set to testify at ‘pedo guy’ trial today December 3, 2019 Elon Musk is expected to testify today at a defamation case brought against him for calling a British cave diver a “pedo guy”. The Los Angeles Federal Court case begins today and will put Musk and his accuser Vernon Unsworth face-to-face for the first time. Read more: Tesla CEO Elon Musk will testify at his [...]
Tesla CEO Elon Musk claims his new Cybertruck already has 250,000 orders November 27, 2019 Elon Musk has suggested that his unorthodox new electric pickup truck has already received a quarter-of-a-million orders since its unveiling last week. The so called Cybertruck, made by Tesla, has caused a stir in the automotive industry since its launch on Thursday, with its unconventional shape and hefty $39,900 price tag making it a target [...]
Tesla CEO Elon Musk to testify at his ‘paedo guy’ defamation trial November 26, 2019 Elon Musk will testify in his own defence at a defamation case brought against him for calling a British cave diver a “paedo guy”. Vernon Unsworth was involved in the rescue of a trapped Thai boys football team in 2018, which led to an unlikely row between the cave diver and the Tesla founder. Read [...]
Electric dreams: How long until electric cars go mainstream in the UK? November 26, 2019 Visitors to the picturesque Whitby Bay beach in north Yorkshire were in for a shock earlier this month, when they encountered two giant footprints etched into the sand. The left was half the length of a football pitch, at 50 metres – the right was just 3.5 metres long. The reason? A publicity stunt by [...]
Tesla CEO Elon Musk unveils his Cybertruck, but it’s already the butt of jokes November 22, 2019 Tesla has lifted the curtain on its “Cybertruck” pickup vehicle, but Elon Musk was left red-faced when the truck’s windows were smashed during a demo meant to prove their toughness. The billionaire could be heard swearing on stage before telling his audience there was “room for improvement”. Read more: Brexit has cost Britain a Gigafactory, [...]
Elon Musk to face defamation trial over ‘pedo guy’ comments November 20, 2019 Tech billionaire Elon Musk will appear in court to face a defamation lawsuit after he referred to a British diver as “pedo guy” on Twitter. A Los Angeles judge today denied Musk’s request to throw out the case and ordered the trial to begin on 3 December. Read more: Brexit has cost Britain a Tesla [...]
Trading giant Robinhood makes its UK debut in Revolut challenge November 20, 2019 US fintech Robinhood, a commission-free trading startup valued at $7.6bn (£5.9bn), has today arrived in the UK. The firm’s stock trading service is making its international debut, in a direct challenge to established British rivals Freetrade and Revolut. Robinhood will today roll out the waiting list for its popular app to UK investors, with a [...]
Why passionate innovators make for better investors November 19, 2019 What does it take to succeed in business and investing? Differentiation is among the key ingredients. You need to offer a product that differs from the competition in a way that clients recognise as added value. If you want to beat the market as an investor, the first thing you need to do is something [...]
Brexit has cost Britain a Tesla gigafactory, according to Elon Musk November 13, 2019 Britain missed the opportunity to have Tesla’s first European factory because of Brexit, according to chief executive Elon Musk. Instead, the electric car maker plumped for a site near Berlin for the so called gigafactory, where it will make batteries, powertrains and vehicles. Read more: Tesla holds share gains after surprise third quarter profit The [...]