Tesla

Global Economy

Briefs

SINGAPORE (Sept 2): “What Elon Musk wants to produce is a lifestyle. We are not interested in a lifestyle. We are interested in proper solutions that will address climate problems.” — Masagos Zulkifli, Singapore’s minister for environment and wate

Tech

Debate between Tesla's Musk and Alibaba's Ma leaves audience awestruck

SINGAPORE (Sept 2): Elon Musk and Jack Ma matched wits publicly for the first time. And boy, they did not disappoint. An onstage debate between China’s richest man and the Tesla boss left a largely Chinese audience both awestruck and dumbfounded as the

Sustainability

Tesla soars as Model 3 posts record quarter for deliveries

SINGAPORE (July 8): Tesla shares surged as a record quarter of deliveries alleviated the worst fears about demand for the Elon Musk-led company’s electric vehicles.

Tech

Tesla woes make it a 'restructuring story'

SINGAPORE (May 27): A Wall Street analyst who had a price target as high as US$379 on Tesla a little more than a year ago held a private call with investors on May 23 to elaborate on why he thinks the stock may now be headed for as low as US$10.

Tech

Forget Elon Musk, focus on 'Mobility as a Service'

SINGAPORE (Sept 3): For nearly three weeks in August, the drama of electric car and energy storage firm -Tesla going private had dominated the business headlines. Did maverick CEO Elon Musk really have the “funding secured” as he claimed in his twee

Tech

Musk says Tesla hit with 'extensive' sabotage by rogue employee

SAN FRANCISCO / WASHINGTON (June 19): A disgruntled Tesla Inc. employee broke into the company’s manufacturing operating system and sent highly sensitive data to unknown third parties, according to an email Elon Musk sent to staff.

Tech

Smartphones nearly killed Memtech. Elon Musk brought it back

SINGAPORE (Mar 6): The rise of the smartphone almost broke Tze-Mon Chuang’s company -- Elon Musk provided its salvation.

Tech

Is Tesla an investor’s sinkhole or the next Apple?

(Nov 13): On Nov 7, Alphabet’s autonomous car subsidiary, Waymo, pulled the “safety driver” from its self-driving vans in Phoenix, Arizona. It was a key milestone for the car industry and the advent of connected, electric, autonomous cars. For now,

Broker's Calls

Memtech kept at 'add' on robust fundamentals, sector rally

SINGAPORE (Nov 13): CIMB says Memtech has had a turbo-charged 3Q17 with core net profit of US$4.2 million ($5.7 million) coming in above its expectations. 9M17 core net profit also formed 81% of the research house's full-year forecast.

Broker's Calls

This stock could gain should Tesla make further inroads into China

SINGAPORE (July 6): OCBC says Memtech International stands as a direct beneficiary should electric vehicle manufacturer Tesla make further inroads into the China market.
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