(Bloomberg) Elon Musk has taken a 9.2% stake in Twitter Inc., a week after hinting about plans to shake up the social media platform.
Twitter shares rose about 26% in pre-market trading, after a regulatory statement Monday on Musk buying the stake.
(Bloomberg) The invasion of Ukraine has added to agita among electric-vehicle makers over the supply of nickel, a critical ingredient in EV batteries, since Russia is one of the world’s biggest producers.
But Tesla Inc.
(Bloomberg) China’s Contemporary Amperex Technology Co. Ltd., the world’s biggest maker of batteries for electric vehicles, is considering sites across North America for a massive $5 billion plant to supply customers including Tesla Inc.
(Bloomberg) Lockdowns in China are spreading with the city of Langfang, located just 55 kilometers from Beijing, joining Shenzhen in imposing restrictions as the number of new Covid-19 cases in the mainland more than doubled.
(Bloomberg) Lockdowns in China are spreading with the city of Langfang, located just 55 kilometers from Beijing, joining Shenzhen in imposing restrictions as the number of new Covid-19 cases in the mainland more than doubled.