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Tesla

4 Results / Page 1 of 1

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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 […]

todayFebruary 22, 2024

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.  

todayFebruary 21, 2024 1

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.

todayJanuary 23, 2024 12

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