Tesla Makes It ‘Through the Valley of Death’

November 6, 2012

Although Tesla Motor’s third quarter losses widened, the company reports it is hitting production targets and chairman and chief executive Elon Musk contends they’re on their way toward becoming a “legitimate” car company.

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China’s Property Market Boost: Stocks Surge, Copper Hits Highs

The Chinese government unveiled a comprehensive support package that has sent ripples through financial markets. This initiative includes a slew of measures aimed at stimulating housing demand and addressing the excess inventory burdening developers. The immediate impact was a significant rally in Chinese stocks and a surge in commodity prices, notably copper, which hit record highs.