Officers found hidden compartments in her luggage, prompting a thorough examination that revealed the illicit substance
crime3 hours ago
Tesla said on Monday it intends to raise about $1.5 billion in a bond offering as the US automaker seeks to ramp up production of its newest electric sedan, the Model 3.
The debt offering comes as Tesla receives thousands of advance reservations for the Model 3, which were averaging at about 1,800 per day since its launch in late July. Elon Musk-led Tesla is counting on the Model 3, its least pricey car, to become a profitable, mass market electric car maker.
At the launch event, Musk said the company would face "at least six months of manufacturing hell" as it increases production of the Model 3.
Tesla had over $3 billion in cash on hand at the end of the June quarter, compared with $4 billion at the end of the previous quarter and $3.25 billion a year earlier.
Tesla's cash burn, expected to top $2 billion this year, has prompted short-sellers like Greenlight Capital's David Einhorn to bet against the Palo Alto, California company. Shares of Tesla, which have risen 67 per cent this year, were up 0.5 per cent at $358.50 in premarket trading.
Officers found hidden compartments in her luggage, prompting a thorough examination that revealed the illicit substance
crime3 hours ago
In recognition of his honesty and integrity, Dubai police awarded Ali Jamal Al Balushi with a certificate of appreciation
uae3 hours ago
Strong demand is outpacing supply at a faster rate this year than estimated, especially after the UAE’s removal from FATF Grey List
uae4 hours ago
The initiative is expected to boost public transport usage
uae4 hours ago
Authorities urged people to wear face masks and glasses when doing outdoor activities
world4 hours ago
In 10 years, all operations of Dubai International Airport will be transferred to Al Maktoum International
aviation4 hours ago
The meeting saw the formation of four technical committees, one for roads and infrastructure, one for houses and properties, one for dams and water facilities, and one for energy and water
uae4 hours ago