insert_link Business / Economics Tesla starts hiring in India after Prime Minister Modi met Elon Musk in US Tesla is hiring in India as the US electric carmaker moves ahead with plans to enter the South Asian market. This comes after Indian prime minister Narendra Modi met Tesla CEO Elon Musk during his visit to Washington last week. Rebecca Bundhun reports from Mumbai. today18 February, 2025
insert_link Business / Economics Elon Musk’s Tesla pay package – now worth over $100b – blocked again by judge Elon Musk has lost his bid to get his record-breaking Tesla pay package reinstated. A Delaware judge blocked it in January saying Musk essentially controlled the board that approved it. At the time, the stock-option based package was worth $56billion - but now it would be worth over $100b. Toni Waterman has more. today4 December, 2024
insert_link Africa BMW bets big on Africa’s green hydrogen industry with SA fuel cell test vehicle By Seth Onyango, via bird story agency BMW has claimed its place as the breakout star in Africa's race for commercial hydrogen mobility with the unveiling of a hydrogen fuel cell vehicle in South Africa. In a shot in the arm for Africa's fledgling green hydrogen industry, the automaker chose Southern Africa for the test drive of its BMW iX5 Hydrogen. The continent has been seeking to […] today22 February, 2024
insert_link World Nvidia overtakes Tesla as Wall Street’s most traded stock Chipmaker Nvidia has overtaken car giant Tesla as the most traded stock on the US stock market. Demand for the chips, which are used by Artificial Intelligence developers, has soared in recent years. All eyes are on Nvidia's fourth quarter earnings, due out on Wednesday. Sally Patterson has more. today21 February, 2024
insert_link Business / Economics Tesla bypasses South Africa due to high import taxes Elon Musk has announced that Tesla will not sell electric cars in South Africa due to high import duties and taxes, due to a lack of incentives for local electric vehicle manufacturing. Importing a Tesla Cybertruck to South Africa can cost upwards of R1.3 million (incl. VAT). According to ‘My Broadband’, South Africa’s tax regime protects domestic car factories while failing to develop a policy to incentivise local EV manufacturing. today23 January, 2024
