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Elon Musk

Musk says Tesla's self-driving software update 'not great'

The billionaire entrepreneur tweeted that the Full Self-Driving Beta version 9.2 is "actually not great imo (in my opinion)

Published 24 Aug, 2021 12:17pm

Technology

Bitcoin jumps above $50,000 for first time since May

The unit climbed around two percent to $50,249.15, its highest since mid-May, when it began tumbling on a range of issues including China's crackdown on cryptocurrencies

Published 23 Aug, 2021 10:38am

Technology

Musk says Tesla likely to launch humanoid robot prototype next year

The robot would have "profound implications for the economy," Musk said, addressing a labour shortage. He said it was important to make the machine not super-expensive

Published 20 Aug, 2021 10:10am

Opinion

EV startups hunt for low-cost roads to mass production

Electric car and van startups racing to become the next Tesla Inc all want to avoid Elon Musk’s journey through...

Published 18 Aug, 2021 04:00am

World

US opens probe of Tesla Autopilot after 11 crashes

NEW YORK: US safety officials opened a preliminary investigation into Tesla’s Autopilot after identifying 11...

Published 17 Aug, 2021 04:42am

Technology

Musk says Starship orbital stack to be ready for flight in few weeks

SpaceX in May successfully landed its Starship prototype, SN15, a reusable heavy-lift launch vehicle that could eventually carry astronauts and large cargo payloads to the moon and Mars

Published 15 Aug, 2021 12:11pm

Business & Finance

India considers sharp import tax cuts on EVs after Tesla lobbying

India discussing cutting import duties on EVs
India open to duty cut if it sees economic gain

Published 09 Aug, 2021 05:21pm

Business & Finance

Tesla posts record profits, offers muddy outlook for batteries, Cybertruck

Carmaker Stellantis expects to achieve its European carbon dioxide (CO2) emissions targets this year without environmental credits bought from Tesla

Published 27 Jul, 2021 11:06am

Markets

Bitcoin leaps 12% to test recent peaks, ether hits 3-week high

Bitcoin rose as far as 12.5% to hit $39,850, its highest since mid-June during the Asia session

Published 26 Jul, 2021 10:10am

Markets

Asian markets extend global rally as earnings trump virus worries

Observers said about 85 percent of US firms that have reported so far have beaten expectations

Published 22 Jul, 2021 10:43am

Business & Finance

Tesla launches subscription service for advanced driver assistance software

"FSD capability subscriptions are currently available to eligible vehicles in the United States. Check your Tesla app for updates on availability in other regions," Tesla said

Published 17 Jul, 2021 07:15pm

Markets

Tesla lifts Wall Street to close at record highs

The S&P 500 has rallied about 17% so far this year, with some investors questioning how long Wall Street's rally may last and concerned about a potential downturn.

Updated 13 Jul, 2021 01:12am

Business & Finance

Musk arrives at trial over Tesla's $2.6bn deal for SolarCity

The lawsuit by union pension funds and asset managers alleges the celebrity CEO strong-armed Tesla's board to buy SolarCity, just as it was about to run out of cash. Musk owned a 22% stake in SolarCity, which was founded by his cousins.

Published 12 Jul, 2021 06:46pm

Business & Finance

Old economy recharges lead market

LONDON: Tesla intends to replace the traditional lead-acid auxiliary batteries in its Model S and X electric ...

Published 10 Jul, 2021 03:42am

Business & Finance

Tesla reports record deliveries as chip crunch tests industry

NEW YORK: Tesla scored record car deliveries in the second quarter, while Ford reported higher US auto sales despite...

Published 05 Jul, 2021 04:57am

Business & Finance

Tesla quarterly deliveries hit 200,000 mark for the first time

Deliveries of Model S and X fell to 1,890 during the April to June period, from a meager 2,020 the preceding quarter, Tesla said. That was offset by strong sales of Model Y in China.

Updated 02 Jul, 2021 06:18pm

World

Russian rocket launches UK telecom satellites

MOSCOW: A Russian Soyuz rocket carrying 36 UK telecommunication and internet satellites blasted off from the...

Published 02 Jul, 2021 04:20am

Business & Finance

Musk ready to invest as much as $30 billion in Starlink

The Tesla Inc CEO and founder of SpaceX, a rocket ship venture that seeks to colonize Mars, said up-front investment costs before Starlink achieves substantial positive cash flow would be $5-$10 billion.

Updated 29 Jun, 2021 09:33pm

Technology

Musk set to tout Starlink progress as cost, demand hurdles linger

But the beta test customer said he experiences dropouts during calls on Microsoft Teams and Zoom.

Published 29 Jun, 2021 10:53am

World

Bezos' 2021 Space Odyssey a risk too far for insurers

LONDON: Launching one of the richest individuals on earth into orbit has proved a leap too far for insurers, who are...

Published 28 Jun, 2021 04:38am

Business & Finance

Tesla to 'recall' over 285,000 cars in China due to faulty software

BEIJING: Electric car giant Tesla will "recall" over 285,000 cars from the Chinese market after an investigation...

Published 27 Jun, 2021 03:56am

Business & Finance

Panasonic sells Tesla stake for $3.6b

Panasonic said earlier this year it would buy the shares of US supply-chain software company Blue Yonder that it does not already own, in a $7.1 billion deal.

Published 25 Jun, 2021 10:24am

Markets

Thursday's early trade: Nasdaq, S&P scale new peak

NEW YORK: The Nasdaq and the S&P 500 indexes hit all-time highs on Thursday, boosted by shares of Tesla and ...

Published 25 Jun, 2021 04:20am

Technology

SpaceX's Starlink expects it can provide global coverage around September

Starlink, which has said it plans to deploy 12,000 satellites in total at a cost of roughly $10 billion, currently offers beta services in 11 countries, Shotwel said.

Published 22 Jun, 2021 09:32am

Any sort of action inside Afghanistan: PM says Pakistan will ‘absolutely not’ allow any bases

ISLAMABAD: Prime Minister Imran Khan has categorically said that Pakistan would “absolutely not” allow any bases...

Published 20 Jun, 2021 03:39am

Markets

Bitcoin tops $40,000

LONDON/SINGAPORE: Bitcoin climbed above $40,000 on Monday, after yet another weekend of price swings following ...

Published 15 Jun, 2021 03:30am

Markets

Bitcoin climbs near $40,000 after Musk says Tesla could use it again

Musk flags Tesla may resume BTC transactions
Musk says Tesla sold about 10% of BTC holdings as liquidity test
BTC price jumps close to $40k

Published 14 Jun, 2021 05:51pm

Markets

Tesla to accept bitcoin again when greener

"This is inaccurate," he said. "Tesla only sold ~10% of holdings to confirm BTC could be liquidated easily without moving market.

Updated 14 Jun, 2021 11:41am

Business & Finance

Tesla to launch high-end Model S 'Plaid' to fend off Mercedes, Porsche

Musk has called the Model S Plaid "the fastest accelerating car ever."

Published 10 Jun, 2021 11:30am

Business & Finance

Tesla veteran and trucking chief leaves company

Tesla shares fell 0.7% in after market trading.

Published 08 Jun, 2021 12:36pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 29	278.53
USD PKR Interbank Buying / Apr 29	278.03
USD to Japanese Yen / Apr 29	156.41
USD to Swiss Franc / Apr 29	0.91
Pound Sterling to USD / Apr 29	1.25
Euro to USD / Apr 29	1.07

Stock	Volume
S&P 500 / Apr 26	5099.96
Tokyo Nikkei / Apr 26	37934.76
Nasdaq / Apr 26	15927.90
FTSE 100 / Apr 26	8139.83
Dow Jones / Apr 26	38239.66
Germany DAX 30 / Apr 26	18161.01
France CAC40 / Apr 26	8088.24
India Sensex / Apr 29	74257.68

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Gold 10 Grams PKR / Apr 26	210048
Petrol/Litre / Apr 29	293.94
Crude Oil USD/Barrel / Apr 29	83.16
Gold Spot USD/Ounce / Apr 29	2332.70
Diesel/Litre / Apr 29	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 29 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 29 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 29 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 29 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 29 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 29 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 29 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 29 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 29 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 29 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 29 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 29 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 29 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 29 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 29 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 29 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 29 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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