Dow Jones Industrial Average Ends Week Lower, Rising Rates Penalize Tech Stocks, Tesla Crashes By

© Reuters. — The Dow Jones Industrial Average closed lower on Friday, led by a tumble in tech stocks following a jump in Treasury yields, after data indicating rising expectations for higher inflation in the longer term fueled further investor fears of Federal Reserve rate hikes. The index lost 1.3%, or 403 points, the … Read more

Playing video games while driving? Tesla’s feature under investigation

Tesla cars allow you to play video games while driving. This feature, normally reserved for passengers, is now under investigation by US authorities. US authorities have once again launched an investigation into Tesla. As Polygon reports in an article published on December 22, the Department of Transportation, attached to the federal agency responsible for road … Read more

Tesla faces ‘challenges’ to launch in India

Tesla’s hopes of selling its vehicles in one of the world’s biggest markets have been stymied by attempts to negotiate lower import duties, which can be as high as 100%. Tesla’s multi-billionaire boss, Elon Musk, said on Thursday that his company was “looking to overcome” the many challenges faced with the Indian government to launch … Read more