by Nenita M. Eller | Jul 30, 2020 | Car
(Bloomberg) — Renault SA’s alliance with Nissan Motor Co. is showing increasing strain, with the Japanese partner mostly to blame for the French carmaker’s record 7.29 billion euro ($8.58 billion) first-half loss. Nissan alone accounted for 4.8 billion euros of...
by Nenita M. Eller | Jul 30, 2020 | Car
(Bloomberg) — Chinese carmaker Li Auto Inc. raised $1.1 billion in an above-range U.S. initial public offering, adding to the market focus on electric-vehicle companies, according to terms of the deal reviewed by Bloomberg. Li Auto sold 95 million American...
by Nenita M. Eller | Jul 27, 2020 | Tech News
(Bloomberg Opinion) — It’s not a good look to sell a company less than two years after buying it. But SAP SE’s planned listing of its Qualtrics unit makes sense for the same reason the original acquisition by Europe’s largest technology company was flawed. SAP’s...
by Nenita M. Eller | Jul 23, 2020 | Car
Click here to read the full article. The economy may be in dire straits for most, but not so for Elon Musk. The Tesla CEO just received a major payday––and it happens to be the largest of its kind. Due to yet another in a long string of stock surges for his electric...
by Nenita M. Eller | Jul 23, 2020 | Car
(Bloomberg Opinion) — You know Tesla Inc. is maturing as a carmaker when it manages to be slightly dull. Wednesday evening’s earnings update was even more eagerly anticipated than usual after the recent surge in its share price. Elon Musk’s company has added an...
