Elon Musk’s mathiness strays further from reality
Elon Musk says he is “pathologically optimistic,” a generous description of his routinely erroneous outlooks. Tesla’s (TSLA.O), boss has promised everything from armadas of autonomous taxis to rapidly overtaking Toyota Motor’s (7203.T), production levels. More prosaically, he has been too sunny about the timeline to produce cheap, long-range or bigger electric cars. Now he says, humanoid robots could make the company worth as […]
EU regulators propose shake-up of sustainable investment labels
European Union regulators proposed sweeping changes on Tuesday to the bloc’s rules on labelling sustainable investments, to give investors simpler and clearer information and to stop “greenwashing” risks. The proposals include marking financial products that are not yet sustainable as ‘transition’ products and introducing a sustainability indicator that would grade investment funds. The EU’s executive […]