Tesla stock split three-fold approved by shareholders

Tesla’s general meeting of shareholders on Thursday approved a three-fold stock split in the Wall Street-listed electric vehicle maker. Its leader Elon Musk did not specify when this split will be effective. The group had already divided its share by five in 2020 to make the title more accessible to its employees and small shareholders, … Read more

Hertz orders 100,000 Tesla electric cars

The American car rental company Hertz announced on Monday that it wants to offer a large fleet of electric vehicles to its customers and will start by ordering 100,000 units from Tesla by the end of 2022. Customers will be able to rent Tesla Model 3s from early November at major Hertz locations in the … Read more

Complaint against Tesla, accused of lying about its self-driving features

The California authority claims that Tesla cars “cannot operate as autonomous vehicles“. The California Motor Vehicle Agency (DMV) is accusing Tesla of lying to consumers about its self-driving technologies, and has filed suit in a state administrative court, according to the Los Angeles Times. You’re here “has made or disseminated statements that are false or … Read more

Complaint against Tesla, accused of lying about its self-driving features

The California authority claims that Tesla cars “cannot operate as autonomous vehicles“. The California Motor Vehicle Agency (DMV) is accusing Tesla of lying to consumers about its self-driving technologies, and has filed suit in a state administrative court, according to the Los Angeles Times. You’re here “has made or disseminated statements that are false or … Read more

Elon Musk presses the brakes hard at Tesla

By Jean-Yves Guérin Posted on 06/03/2022 at 6:25 p.m., Update on 06/03/2022 at 6:25 p.m. Elon Musk (right) at the inauguration of the Tesla Gigafactory in Grünheide on March 22, Germany. POOL/via REUTERS DECRYPTION – The entrepreneur, who believes in the recession, asks the leaders of the manufacturer to reduce the workforce by 10%. Elon … Read more

Tesla rakes in record $5.5 billion profit in 2021

Elon Musk’s group managed to boost its shipments by 87% last year despite the shortage of semiconductors and supply problems. Tesla, benefiting from the craze for its electric vehicles, made a record $5.5 billion profit in 2021, but warned that problems with its supply chain could linger throughout the year. Read alsoThe irresistible rise of … Read more

producers accused of “francization” of fruits and vegetables purchased abroad

Fruits and vegetables presented asMade in France» by producers unable to justify their origin: following a check on a Marseille market, seven legal proceedings must be opened for misleading practices, the Bouches-du-Rhône prefecture said on Tuesday. During an unexpected check by competition and fraud prevention officers on a market between producers in Marseilles, sellers, “undoubtedly … Read more

A taxi driver files a complaint against Tesla France

A Parisian taxi driver, in a Tesla, caused a fatal accident in December. He filed a complaint against the car brand for “endangering the lives of others.” The driver at the wheel of a Tesla electric taxi which caused a fatal accident in December in Paris filed a complaint against the manufacturer Tesla France on … Read more

Eutelsat challenges Elon Musk’s space ambitions

DECRYPTION – The French satellite operator merges with OneWeb and aims to participate in the future European constellation. Europe is taking a giant step towards becoming a world leader in space internet. And do not give up in the face of the irresistible rise in power of Starlink, the high-speed internet constellation of the American … Read more

McDonald’s continues to attract customers despite menu price hikes

Although sales increased by 9.7% in the second quarter, turnover fell by 3%, in particular due to store closures in Russia and Ukraine. Fast food chain McDonald’s continues to attract customers despite price hikes for its products. Its profits, however, were dented by the closure of its stores in Russia and Ukraine and higher costs. … Read more