Last week, Fiat Chrysler Automobiles and Renault announced a plan to merge. If it goes through, the combination would create the world’s third-largest automaker, behind Volkswagen and Toyota, and just ahead of General Motors. Other carmakers are partnering…
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Elon Musk loses $4.9 billion in Tesla’s worst-ever start to a year
Tesla Inc. shares have never had a worse start to a year than in 2019, and Elon Musk is paying the biggest price. The stock has tumbled 43% this year through Thursday, lopping $4.9 billion from the value of Musks stake, as Wall Street has grown increasingly …
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Man Who Lost $35 Billion In One Year Has Some Advice For Elon Musk
Brazilian entrepreneur Elke Batista lost a fortune in mining and oil and gas industries.Walking down a busy street in Rio de Janeiro one recent afternoon, we bumped into the Brazilian who is best known for losing $35 billion in a single year. After initially …
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Tesla is going it alone while other carmakers are partnering and merging — here’s why Elon Musk doesn’t have a choice
Partnerships and mergers are developing throughout the global auto industry. Tesla is the odd man out in this trend. At one time, a tie-up with Tesla might have made sense, but Tesla now wouldn’t bring much to a deal. It looks like Tesla is now going to ha…
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Russia hacked us: We made it far too easy — and still do
The RISKS Digest Forum on Risks to the Public in Computers and Related Systems ACM Committee on Computers and Public Policy, Peter G. Neumann, moderator Volume 31 Issue 27 Friday 31 May 2019 Contents Russia hacked us: We made it far too easy—and still …
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