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Tesla Q1 auto deliveries fall 8.5 pct, shares drop sharply
Tesla Q1 auto deliveries fall 8.5 pct, shares drop sharply
Business and Economy
by  AFP

Tesla reported an 8.5 percent drop in first-quarter auto deliveries, missing estimates from leading analysts and weighing on shares. Elon Musk's auto giant reported 386,810 deliveries over the period, reflecting in part a weak sales market in China, where it faces heavy competition from local electric vehicle (EV) makers.

Superdry shares plummet as CEO rules out takeover
Superdry shares plummet as CEO rules out takeover
Business and Economy
by  AFP

Shares in troubled British clothing brand Superdry dived Tuesday after its chief executive ruled out a takeover of the troubled company. However, shares tumbled more than 50 percent to 14.14 pence in London afternoon deals on Tuesday after Dunkerton indicated he had decided against such a move.