Vazirani Shul – India’s first electric hypercar concept has been unveiled at the Goodwood Festival of Speed. This makes the parent company of Vazirani Shul – Vazirani Automotive the first one in India to present such a concept model.
Shares of Tesla were rallying overnight, up more than 2 per cent, after a report said the electric-car maker was planning to build a factory in China that could produce 500,000 vehicles a year. That would double Tesla’s production and likley bring new opportunities for ASX-listed battery metals producers.
Electric car maker Tesla Inc’s move last week to cut 9 percent of its workforce will sharply downsize the residential solar business it bought two years ago in a controversial $2.6 billion deal, according to three internal company documents and seven current and former Tesla solar employees.
Elon Musk’s multi-billion dollar compensation package should be rescinded and the board of Tesla Inc should be overhauled to better protect investors in the electronic car company, according to a law suit filed by a shareholder on Thursday.
The investment firm founded and chaired by billionaire George Soros took a stake in Tesla Inc bonds during the first three months of the year, giving the electric carmaker run by Elon Musk a prominent supporter.