Wednesday, October 19, 2022

Tesla doubles net income to $3.3 billion in third quarter

Elon Musk-run Tesla has reported $3.3 billion in net income for the third quarter (Q3), more than double from a year ago, and its automotive revenue jumped 55 per cent from the same period last year.

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Tata AutoComp Systems to acquire 80% stake in Artifex

Tata AutoComp Systems Ltd will acquire an 80% stake in Artifex Interior Systems Ltd, part of the Jaguar Land Rover group. This move expands ...