Tesla hits roadblocks amid oil rout, growing scepticism
Financial markets doubt the carmaker's ability to move smoothly into the popular auto market
New York
TESLA Motors has been the darling of Wall Street. A-list stars including Hollywood's leading men Leonardo DiCaprio, Brad Pitt and George Clooney are all also fans.
It lured them with the luxury electric Model S and is now going after the middle class with its Model 3, a compact electric sedan set to debut in 2017 for a starting price of US$35,000-US$40,000.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
EV automakers get reprieve in US tax credit rules
Abu Dhabi hub carrier Etihad adds banks to US$1 billion IPO
Luminar to cut nearly 20% jobs as part of restructuring
Chinese share of French EV market slumps after incentives curbed
Ferrari unveils US$423,000 sports car with 1960s bloodline
Airbus called for compensation to take on money-losing Spirit operations: sources