Looming environmental report on SpaceX’s Starship could be a ‘pain point’ June 9, 2022 Elon Musk’s Starship dreams could be extinguished before the mega-rocket has even left the ground, as US regulators assess its potential environmental damage. The Federal Aviation Administration (FAA) is expected to publish its assessment on Monday. The report, a year in the making, has been pushed back several times since December, with delays bleeding into [...]
Trafigura funds development of UK’s first lithium refinery May 9, 2022 Trafigura said it will fund the development of the UK’s first lithium factory for an undisclosed sum. The group explained that the refinery, operated by domestic start-up Green Lithium, will produce battery-grade lithium chemicals for the EU electric vehicle and battery industries. Under the agreement, the commodities giant will supply lithium feedstock an invest equity [...]
Nasa to test planet’s defences against asteroids with spacecraft collision November 23, 2021 Nasa is set to test the planet’s defences against near Earth objects (NEOs) by slamming a spacecraft into an asteroid – in a bid to knock it from its path. The mission, known as a double asteroid redirection test, will test defence technologies and strategies in preventing dangerous asteroids and meteors impacting Earth. If all [...]
Elon Musk tweets that Tesla stock price is ‘too high’ as he rails against lockdown again May 1, 2020 Outspoken Tesla chief executive Elon Musk has said Tesla stock is “too high” and called once again for the end of lockdown measures. The Tesla boss has come under fire for tweeting about the company’s stock in the past. In 2018, he was sued by the SEC after it argued Musk had made false statements [...]
Klarna float inevitable says boss – but don’t worry about the financials December 2, 2021 Klarna’s boss confirmed yesterday that the buy now pay later giant will eventually head for public markets – but that he hopes investors don’t pay too much attention to financial updates. Boss Sebastian Siemiatkowski said that he wanted the firm to have “a strong enough reputation… as you have been able to see with (Tesla [...]
The tech tumble strikes again: Social media firms set to lose £112bn following Snap warning May 24, 2022 Snapchat's parent company's shares tumbled nearly 40 per cent in early morning trading, after the company warned against dwindling revenues and slowing recruitment.
How can Elon Musk keep Tesla on the straight and narrow? February 11, 2020 After a rough start to the year, Tesla ended 2019 by delivering on a promise to Wall Street. The pledge made in the summer of 2019 by Tesla chief executive Elon Musk was to return to profit after months of losses, a string of negative headlines — including his forced resignation as chairman in 2018 [...]
Tesla shares go up following Musk’s latest offloading November 17, 2021 Tesla shares have gone up to $1,063.51 at market opening time after Elon Musk sold a further $973m worth of stocks to pay taxes. According to SEC filings, Musk bought 2.1 million shares worth $2.2bn at yesterday’s closing price of $1,054.73, offloading around 934,000 of his holdings on the same day. Since abiding by a [...]
Bitcoin and Ethereum virtually unmoved since yesterday, but the bruises are starting to show August 21, 2023 Although holding steady for 24 hours, Bitcoin is down 11% over seven days while Ethereum has dropped by 9% over the same period.
The Notebook: Giles Kenningham on improving Rugby’s fortunes, banning the bots and the renewable investment boom February 28, 2023 The Notebook is a place for interesting people to say interesting things. Today, it’s Giles Kenningham, founder of Trafalgar Strategy.