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Added on the 16/03/2022 06:37:40 - Copyright : Auto Moto EN
Leuven (Belgium), Aug 2 (EFE).- (Camera: Leo Rodríguez) Some 20 engineering students make up Agoria Solar Team, which creates new iterations of a solar-powered car every two years, seeking more innovation and efficiency, as they tailor their newest model for a race across the Moroccan desert.FOOTAGE OF THE BELGIAN STUDENTS WORKING IN THE SOLAR CAR.SOUNDBITES IN ENGLISH OF REMI DE COSTER, GROUP SPOKESMAN AND GILLES DE BAETS, PILOT.
Tesla short-sellers saw $38 billion in mark-to-market losses throughout 2020, Bloomberg reported Thursday, citing S3 Partners data. Short interest in the company's shares plunged to less than 6% of Tesla's float from nearly 20% at the start of last year. The losses trounce the $2.9 billion total seen in 2019 and come on the back of Tesla's 740% surge over the past 12 months. Investors betting against Tesla lost billions last year, as the automaker's shares leaped above nearly all estimates.
Odd Andersen/AFP via Getty Images Tesla had set a goal of 500,000 deliveries for 2020. On Saturday, it announced it missed the target by 450 vehicles. Some analysts had said the ambitious target could be tough to reach because of a slump in auto sales during the coronavirus pandemic. The company reached its production goal for the year, making a total of 509,737 vehicles. It also said production of its mid-size SUV, the Model Y, has begun in Shanghai. Consumers cut back spending on cars during the pandemic and Tesla's sales in the first half of 2020 dropped 15% from the second half of 2019.
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