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Tesla shares received an upwards bump in after-hours trading Friday as investors reacted positively to Elon Musk’s move to terminate his $44 billion deal to buy Twitter. Tesla shares rose 14.51% to close at $752.29 on Friday. The share price continued to edge higher after regular trading hours by as much as 3.39%, before settling…
Rivian has hired a new chief operating officer to lead the restructuring and alignment of its operations, the automaker said Thursday. Frank Klein will join the company on June 1 as Rivian’s new COO to oversee the automaker’s production, manufacturing engineering and supply chain. The automaker also said its head of manufacturing, Charly Mwangi, is…
Bolt, the Estonian mobility tech company that recently closed a huge round, is planning to onboard an additional 200,000 drivers in Africa this year, as it kicks-off expansion to more cities within its existing markets while keeping up with the growing demand for e-hailing services across the continent. Bolt’s Africa regional director, Paddy Partridge, told…
