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electric carmaker

Tesla, Starlink entry on agenda when Musk heads to India

MUMBAI: Tech billionaire Elon Musk is set to visit India as his businesses seek new markets in the world’s most...

Published 18 Apr, 2024 01:41pm

Technology

Tesla under pressure to boost wages to attract workers to German plant

BERLIN: Electric carmaker Tesla is having to raise wages to attract employees to its new manufacturing plant outside...

Published 21 Jun, 2022 01:49pm

Business & Finance

Musk feels ‘super bad’ about economy, needs to cut 10pc of Tesla jobs

SAN FRANCISCO: Tesla CEO Elon Musk has a “super bad feeling” about the economy and needs to cut about 10% of ...

Published 04 Jun, 2022 04:18am

Business & Finance

Tesla reports record profit, sees more supply chain woes in 2022

NEW YORK: Tesla rode rising demand for electric vehicles to a record $5.5 billion profit in 2021, but Elon Musk's...

Published 27 Jan, 2022 10:47am

Markets

Tesla’s bumper delivery numbers charge up shares

BENGALURU: Tesla Inc’s shares started the year with stellar gains after the electric carmaker reported record...

Published 04 Jan, 2022 06:54am

Markets

Billionaire Musk sells more shares in whirlwind Tesla stock ride

NEW YORK: Tesla Inc top boss Elon Musk sold another block of company shares worth about $700 million, filings showed...

Published 13 Nov, 2021 04:08am

Business & Finance

Tesla beats quarterly revenue estimates

Tesla Inc on Wednesday beat Wall Street expectations for third-quarter revenue on the back of record deliveries as...

Published 21 Oct, 2021 01:40am

Business & Finance

Complaints grow in China against Tesla autos

The car company later issued a second, more conciliatory statement on Weibo.

Published 22 Apr, 2021 10:07am

Business & Finance

Tesla slams German bureaucracy, offers reform proposals

FRANKFURT: Electric carmaker Tesla said Thursday it was “irritated” by administrative delays to the construction...

Updated 12 Apr, 2021 09:15am

Business & Finance

Tesla reports higher 1Q auto deliveries

NEW YORK: Tesla reported a jump in first-quarter auto deliveries on Friday, topping leading estimates, as it cited...

Published 03 Apr, 2021 03:41am

Markets

Teslas can now be bought for bitcoin, Elon Musk says

Bitcoin, the world's biggest digital currency, rose more than 4pc after Musk's tweet and was last up 3.5pc at $56,178.

Published 25 Mar, 2021 12:03am

Business & Finance

Musk crowned 'Technoking' at Tesla

Musk announced on his Twitter account that he would be selling a video clip of techno music about NFTs, or Non-Fungible Tokens, as an NFT.

Published 16 Mar, 2021 10:18am

World

Musk crowned ‘Technoking’ at Tesla

NEW YORK: Electric carmaker Tesla has crowned its brash billionaire founder and CEO Elon Musk with a new title:...

Updated 16 Mar, 2021 09:38am

Business & Finance

Tesla in talks with India's Tata Power for EV charging infrastructure: report

Tesla will set up an electric-car manufacturing unit in the southern Indian state of Karnataka.
The talks between Tata Power and Tesla are in the initial stages and no arrangements have been finalised yet, the report said.

Published 12 Mar, 2021 05:56pm

Business & Finance

Tesla raises price of variants of Model Y, Model 3, Model S

Tesla, however, kept the price of its Performance Model Y at the same range, the website showed.

Published 11 Mar, 2021 12:45pm

Business & Finance

Tesla short-sellers sitting on $3.5bn weekly profits-Ortex

The electric carmaker's shares slumped 17% the week through Wednesday off record high levels, as Bitcoin, in which Tesla invested $1.5 billion, pulled back sharply.

Published 25 Feb, 2021 06:30pm

Markets

Bitcoin vaults above $50,000 for first time ever

Bitcoin hit a new high of $50,602, and was last up 5% at $50,300. It has risen around 72% so far this year, with most of the gains coming after electric carmaker Tesla said it had bought $1.5 billion in bitcoin.
It also said it would accept the currency as payment.

Published 16 Feb, 2021 06:49pm

Bitcoin hits record near $45,000 after Tesla investment

LONDON: Bitcoin hit a record-high near $45,000 on Monday after Elon Musk's electric carmaker Tesla invested $1.5...

Published 09 Feb, 2021 04:43am

Business & Finance

Electric carmaker Tesla invests $1.5bn in bitcoin

Tesla will also "begin accepting bitcoin as a form of payment for our products in the near future," the company added.

Published 08 Feb, 2021 07:22pm

Markets

Bitcoin jumps 10pc to record high on Tesla investment news

The news sent Bitcoin soaring as high as $43,625 as of 1300 GMT. The electric carmaker unveiled the investment ten days after its chief executive Elon Musk added a "#bitcoin" tag on his Twitter profile page, which drove bitcoin higher on the day.

Updated 08 Feb, 2021 06:40pm

Business & Finance

Tesla to start operations in India next year: report

The electric-car maker will start with sales and then might look at assembly and manufacturing based on the response.
The first model to be launched will be Model 3, the cheapest among Tesla vehicles, with prices starting at over $74,739 (5.5 million Indian rupees).

Published 28 Dec, 2020 06:21pm

Markets

Tesla tumbles 6.5% from record high in S&P 500 debut

The company's shares had opened down nearly 5%.

Published 22 Dec, 2020 10:23am

Markets

Tesla to see unprecedented trade ahead of S&P 500 debut

Tesla’s meteoric rise has made it the most valuable auto company in the world despite production that is a fraction of rivals such as Toyota Motor, Volkswagen and General Motors.

Published 18 Dec, 2020 05:25pm

Business & Finance

Tesla says Black people hold just 4pc of its U.S. leadership roles

Women comprise 17pc of the company's U.S. leadership roles - directors and vice presidents - and 21pc of the overall workforce, according to the report.

Published 05 Dec, 2020 03:32pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 28	281.85
USD PKR Interbank Buying / Mar 28	279.71
USD to Japanese Yen / Mar 28	149.88
USD to Swiss Franc / Mar 28	0.88
Pound Sterling to USD / Mar 28	1.29
Euro to USD / Mar 28	1.08
UK LIBOR % / Mar 27	4.96

Stock	Volume
S&P 500 / Mar 28	5,580.94
India Sensex / Mar 28	77,414.92
Tokyo Nikkei / Mar 28	37,120.33
Nasdaq / Mar 28	17,322.99
Hang Seng / Mar 28	23,426.60
FTSE 100 / Mar 28	8,658.85
Dow Jones / Mar 28	41,583.90
Germany DAX 30 / Mar 28	22,461.52
France CAC40 / Mar 28	7,916.08

Item	Value
Gold 10 Grams PKR / Mar 27	275,205
Crude Oil USD/Barrel / Mar 28	69.10
Karachi Cotton PKR/37.32 KG / Mar 28	17,085
Gold Spot USD/Ounce / Mar 28	3,117.20
Cotton US¢/pound / Mar 28	66.90
Petrol/Litre / Mar 29	255.63
Diesel/Litre / Mar 29	258.64

Gainers
Losers
Leaders

Stock	Price
Mughal Iron & Steel (R) / Mar 27 Mughal Iron & Steel Industries Limited (R)(MUGHALR2)	4.01 ▲ 1 (33.22%)
Parmount Sp. / Mar 27 Paramount Spinning Mills Limited(PASM)	4.10 ▲ 0.59 (16.81%)
Shaheen Ins. / Mar 27 Shaheen Insurance Company Limited(SHNI)	7.50 ▲ 0.97 (14.85%)
Popular Islamic / Mar 27 Popular Islamic Modaraba(PIM)	15.02 ▲ 1.37 (10.04%)
Diamond Ind. / Mar 27 Diamond Industries Limited(DIIL)	33.83 ▲ 3.08 (10.02%)
Sardar Chemical / Mar 27 Sardar Chemical Industries Limited(SARC)	35.95 ▲ 3.27 (10.01%)
J.K.Spinning / Mar 27 J.K. Spinning Mills Limited(JKSM)	69.58 ▲ 6.33 (10.01%)
Data Agro / Mar 27 Data Agro Limited(DAAG)	106.28 ▲ 9.66 (10%)
Leiner Pak Gelat / Mar 27 Leiner Pak Gelatine Limited(LPGL)	121.88 ▲ 11.08 (10%)
Allawasaya Tex / Mar 27 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	1,429.95 ▲ 130 (10%)

Stock	Price
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	11.60 ▼ -98.09 (-89.42%)
Elahi Cot. / Mar 27 Elahi Cotton Mills Limited(ELCM)	135.93 ▼ -15.1 (-10%)
Khalid Siraj / Mar 27 Khalid Siraj Textile Mills Limited(KSTM)	8.03 ▼ -0.87 (-9.78%)
PIA Holding Co.B / Mar 27 PIA Holding Company Limited B(PIAHCLB)	874.01 ▼ -93.68 (-9.68%)
Saritow Spinning / Mar 27 Saritow Spinning Mills Limited(SSML)	18.90 ▼ -1.75 (-8.47%)
Cordoba Logistics / Mar 27 Cordoba Logistics & Ventures Limited(CLVL)	12.61 ▼ -1.15 (-8.36%)
Sally Textile / Mar 27 Sally Textile Mills Limited(SLYT)	11.01 ▼ -0.99 (-8.25%)
Masood Textile / Mar 27 Masood Textile Mills Limited(MSOT)	49.06 ▼ -4.27 (-8.01%)
Universal Ins. / Mar 27 The Universal Insurance Company Limited(UVIC)	9.57 ▼ -0.73 (-7.09%)
Al-Khair Gadoon / Mar 27 Al-Khair Gadoon Limited(AKGL)	42 ▼ -3.1 (-6.87%)

Stock	Volume
Cnergyico PK / Mar 27 Cnergyico PK Limited(CNERGY)	45,325,056 ▲ 0.31
Pak Elektron / Mar 27 Pak Elektron Limited(PAEL)	29,179,304 ▲ 0.67
P.S.O. / Mar 27 Pakistan State Oil Company Limited(PSO)	26,879,128 ▲ 1.58
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	20,499,919 ▼ -98.09
WorldCall Telecom / Mar 27 Worldcall Telecom Limited(WTL)	16,191,931 ▼ -0.03
B.O.Punjab / Mar 27 The Bank of Punjab(BOP)	16,148,304 ▼ -0.2
Pak Petroleum / Mar 27 Pakistan Petroleum Limited(PPL)	15,934,134 ▼ -1.85
Engro Fert. / Mar 27 Engro Fertilizers Limited(EFERT)	14,419,464 ▲ 0.5
Fauji Cement / Mar 27 Fauji Cement Company Limited(FCCL)	14,194,696 ▲ 0.53
Maple Leaf Cement / Mar 27 Maple Leaf Cement Factory Limited(MLCF)	11,282,647 ▲ 0.09

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