Thursday, October 28, 2021
Tesla will start using cobalt-free batteries in certain Model 3s made in China, two unnamed sources told Reuters.  Cobalt is very expensive to mine and its production is linked to human-rights violations. In China, Tesla wants to use cobalt-free batteries in all standard-range Model 3s, the sources said. Visit Business Insider's homepage for more stories.…
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Rolls-Royce plans to bring an electric vehicle to market within the decade, Automotive News Europe reports.  There isn't much demand for an EV from the company's customers, but the brand is developing one because many cities plan to ban gas-powered cars in the not-too-distant future.  Bentley, one of Rolls-Royce's competitors, has advertised more ambitious plans…
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Steve Parsons-WPA Pool/Getty Images Inovio Pharmaceuticals tumbled as much as 39% on Monday after the biotech firm announced a temporary hold on its coronavirus vaccine's phase 2/3 trial.The study is on "partial clinical hold" until questions asked by the Food and Drug Administration are answered, Inovio said in a press release. The company plans to…
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Communities in Texas were warned not to use tap water for anything other than flushing toilets after a rare brain-eating amoeba was found in the public water supply.  The microbe, naegleria fowleri, is found in fresh water and soil, and if it gets up the nose can cause a potentially fatal brain illness.  The advisory…
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Ting Shen/Xinhua/Getty Images Wall Street is finally accepting diminished chances for a near-term stimulus deal, and firms' latest GDP forecasts reflect growing pessimism toward the economy's chances without fresh aid.Goldman Sachs halved its GDP growth forecast to 3% on Wednesday. JPMorgan followed suit one day after, cutting its estimate to 2.5% from 3.5%.Morgan Stanley and…
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