First-quarter profits for Elon Musk’s company have more than halved,with the EV market awash with excess capacity and production.
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For large investors such as pension and superannuation funds,a vote against what climate activists and experts and some shareholders believe is a vague and feeble plan to reduce emissions in line with the Paris Agreement is a no-brainer.
Former CEO Robbie Cooke thought he had all the experience needed to rescue Star Entertainment,but his career gamble has led to a spectacular bust.
Business columnist
Senior Business Reporter
Senior business columnist
Two former Fortescue executives want to reduce the enormous carbon footprint of iron ore,Australia’s most lucrative export industry. It’ll cost at least $3 billion.
Cettire has dazzled both well-heeled shoppers and investors with its bargains and extraordinary growth,but it has also become the most polarising success story on the ASX.