Tesla edges past Wall Street revenue target, boosted by regulatory credits, China demand

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Tesla edges past Wall Street revenue target, boosted by regulatory credits, China demand

(Reuters) -Electric carmaker Tesla Inc marginally beat Wall Street expectations for first-quarter revenue on Monday boosted by a jump in environmental credit sales to other automakers and robust demand from China. The TESLA logo is seen outside a …
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Elon Musk props up carbon removal research with $100 million competition

Tesla and SpaceX CEO Elon Musk is putting up $100 million for a new XPrize competition aimed at spurring the creation of new carbon removal technologies and helping to ease the climate crisis. The prize will be the largest cash incentive in history, …
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Lyft Sells Self-Driving Project, Cutting a Big Expense: Live Updates

Apple will increase its spending in the United States by 20 percent. Airlines could benefit when the E.U. eases restrictions on travel. Another cryptocurrency platform collapses in Turkey …
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Reluctant Emerging Asia Could Delay Rate Hikes Until 2022

Emerging Asia’s central banks are expected to opt for supporting their economic recoveries rather than tackling volatile price swings this year. All eight emerging Asian economies, including India and Indonesia, are seen holding benchmark interest rates …
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Weekly Forbearance Volume Flattens

By investor type, the share of GSE loans (Fannie Mae and Freddie Mac) in forbearance remained the same over last week at 2.44%. Ginnie Mae loans in forbearance decreased seven basis points from 6.16% …
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