Focus on Business
Musk donated $108 million in Tesla shares to unnamed charities, filing shows
Elon Musk donated 268,000 Tesla shares worth $108.2M to unnamed charities as part of year-end tax planning, filings reveal.
Pembina completes acquisition of stake in Whitecap assets
Pembina Gas Infrastructure completes a $420M acquisition of a 50 per cent stake in Whitecap’s Kaybob gas processing facility.
Constellation inks $1 billion deal to supply US government with nuclear power
Constellation Energy wins a record $1B contract to supply nuclear power to 13 U.S. federal agencies, starting in 2025.
Tesla annual deliveries fall for first time as incentives fail to drum up demand
Shares of the company fell 3.5% before the bell.
Equinor secures $3 billion financing for U.S. Empire Wind 1 project
The company expects the total capital investments to be around $5 billion.
Cobalt miner Jervois in rescue deal to better compete with China
The price of cobalt has tumbled 72% since hitting a peak in April 2022.
Chinese electric vehicles gain market share in Norway
Wealthy Norway is far ahead of most countries in the switch to electric vehicles, and has not imposed tariffs on Chinese EVs.
Sales surge in 2024 for Chinese EV giant BYD
BYD's quarterly revenue surpassed global rival Tesla's for the first time during the third quarter last year.
Chinese EV makers extend buying incentives as price war enters third year
The incentives are intended to encourage purchases before the government subsidy schemes for the new year start.
