The investment represents a 7.7% interest in the Reliance Industries subsidiary, and the two companies expect to cooperatively develop a new smartphone.
Despite tepid trading last week, the world’s richest made collective gains of over $61 billion, and the ranks of the 10 wealthiest humans have shifted.
83 of the world’s richest individuals have urged national governments to permanently increase taxes on the super-rich to lessen the impact of the COVID-19 pandemic.
Wednesday trading saw Tesla’s market cap rise to $209 billion, gaining an appreciable lead over rival Toyota and cementing Tesla as the most valuable automaker in the world.
Business Roundtable, which represents the CEOs of 193 large companies, has urged Congress to work towards a bipartisan bill to overhaul policing in America.
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