Tesla’s Musk says open to supplying batteries to other automakers

Tesla Inc (TSLA.O) Chief Executive Officer Elon Musk said on Tuesday that the company is open to licensing software and supplying powertrains and batteries. Tesla has previously supplied batteries to Mercedes and Toyota Motor (7203.T) under separate partnership deals. Battery manufacturing is an area that analysts and industry officials say the U.S. electric car maker […]

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Puma forecasts unpredictable 2020 after drop in quarterly sales and profit

German sportswear brand Puma (PUMG.DE) on Wednesday said that uncertainty around the coronavirus made forecasts for the full-year impossible after the pandemic hit second quarter sales and profitability. “The uncertainty surrounding the virus and the fact that the number of infected people globally is still increasing makes it impossible to determine an accurate financial outlook […]

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