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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 / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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