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Tesla hands over first Model Ys as German gigafactory finally goes live

The first Model Y automobiles built at Tesla’s 5 billion euro ($5.5 billion) Gruenheide plant will be delivered to customers on Tuesday, marking the company’s first European manufacturing base and the largest investment in a German automotive factory in recent history. The ceremony, which will be attended by German Chancellor Olaf Scholz and Tesla CEO…

Miners lead gains, oil jumps as war and rate hikes ratt

As investors braced for aggressive U.S. rate hikes and war affecting oil supply, gains in banks, energy, and mining sectors boosted Asian shares a bit higher on Tuesday. In Asia, oil futures surged over 3% to a two-week high. After U.S. Federal Reserve Chairman Jerome Powell signaled a more aggressive tightening of monetary policy than…


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