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Showing posts from December, 2022

Tesla stock marks lowest close in years as investors worry about Musk’s focus

Experts blame Elon Musk’s management style at Twitter for the electric carmaker’s financial problems Tesla shares fell on Tuesday to their lowest in more than two years, marking the company’s worst day in eight months, as Elon Musk’s electric carmaker confronts a rocky financial period. The company’s stock has lost more than half its value since the start of October. Investors worry that Twitter is taking much Musk’s time, now that he is the social network’s owner and CEO. Continue reading...

Sale of hybrid cars double that of EVs in Australia with experts blaming lack of electric incentives

Hybrid vehicles so popular they account for one in every three cars sold by Toyota Follow our Australia news live blog for the latest updates Get our morning and afternoon news emails , free app or daily news podcast Hybrid vehicles that combine battery and fuel technology are proving increasingly popular in Australia with sales double that of more expensive electric-only cars. Sales figures released this week show that low-emissions cars are soaring in popularity. Continue reading...