People look at a Tesla car in Shanghai, China. Agence France-Presse
Panasonic Corporation and Tesla will continue to make new investment in the US electric carmaker’s Gigafactory as needed, but believe they can squeeze more out of existing resources than previously planned, Tesla said. Separately, Panasonic said it was watching the demand situation in the electric car market before making any further investments in expanding the capacity of the Nevada plant.
Carrying on with what seems to be his 'wild Tweet week', multi-billionaire entrepreneur Elon Musk has replaced his profile picture on Twitter with that of an alcoholic monkey.
Tesla CEO Elon Musk's grim forecast of humanity suggests that a "population bomb" would lead to a worldwide collapse in humans in the coming decades and everybody would start to see the evident effects by 2050.
Just as SpaceX CEO Elon Musk prepared for the "most difficult launch" of his rocket company with Falcon Heavy rocket, the space-enthusiast changed his display picture on Twitter from an alcoholic monkey to that of an astronaut sipping hot coffee on Mars.
Asian shares held near a 20-month top on Monday even as investors took some money off the table following a strong run recently, while oil jumped to more than a one-week high after two large crude production bases in Libya began shutting down.
The growth pace of the regional logistics industry is set to intensify in the year 2020 on the back of boosted UAE growth expectations. The UAE is hosting the region’s first EXPO, in 2020,
World stocks traded just below record highs on Monday, pausing ahead of this week’s central bank meetings, economic data and earnings, while oil prices rose to their highest in over a week after blockades began shutting down two Libyan oilfields.