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Continue ReadingUnder the agreement, customers will be able to apply for personal loans through the bank directly from Tesla's website, CBA said, adding that the loans carry an interest rate of 5.49% per annum. The lender said the low interest rate will be available to customers who choose to finance purchases including electric and hybrid vehicles that meet certain criteria and use their vehicle as security. CBA, Australia's biggest lender, said it aims to accelerate sustainable purchases by providing affordable financing...
Continue ReadingCommonwealth Bank of Australia on Wednesday said it has partnered with Tesla to allow the automaker's customers to avail financing for electric vehicle (EV) purchases. Under the agreement, customers will be able to apply for personal loans through the bank directly from Tesla's website, CBA said, adding that the loans carry an interest rate of 5.49% per annum. The lender said the low interest rate will be available to customers who choose to finance purchases including electric and hybrid vehicles that meet certain criteria and use their vehicle as security...
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Continue ReadingCathie Wood seemingly slashed expectations for her ARKK ETF and now predicts a 15% annual growth rate for the next 5 years. See why I rate the fund a hold...
Continue ReadingA senior Republican in Congress asked Tesla Tuesday to detail its relationship with Chinese battery manufacturer CATL amid concerns electric vehicle subsidies are flowing to foreign entities raising security concerns. The chair of the House Ways and Means Committee, Representative Jason Smith, asked Tesla CEO Elon Musk in a letter if the EV maker has contracts with CATL or is considering contracts...
Continue ReadingThe Wall Street Journal reported that the Justice Department was looking at whether Tesla properly disclosed benefits that it may have paid to the CEO...
Continue ReadingIn the latest trading session, Tesla (TSLA) closed at $266.50, marking a +0.46% move from the previous day...
Continue ReadingInstacart (CART) shares close over 12% higher on its first day of trading via an IPO. President Biden calls upon the United Nations to support Ukraine in its war against Russia in a speech at the UN's General Assembly today. Lastly, the Department of Justice is reportedly leading a probe into Tesla's (TSLA) executive spending as per SEC guidelines, according to the Wall Street Journal. Yahoo Finance anchor Akiko Fujita reports several of the day's biggest headlines. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live...
Continue ReadingThe chair of the House Ways and Means Committee asked Tesla Tuesday to detail its relationship with Chinese battery manufacturer CATL. Republicans in Congress have been probing Ford Motor's planned $3.5 billion investment to build a battery plant in Michigan using technology from CATL, the world's largest battery maker. The panel's chair, Representative Jason Smith, asked Tesla CEO Elon Musk in a letter if the EV maker has contracts with CATL or is considering contracts...
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