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Lufthansa has cut losses to a million euros every two hours, says CEO
  + stars: | 2021-01-21 | by ( Reuters Staff | ) www.reuters.com sentiment -1.00   time to read: 1 min
FILE PHOTO: CEO of Lufthansa, Carsten Spohr, delivers a speech during the opening ceremony of the new Berlin-Brandenburg Airport (BER) "Willy Brandt" in Schoenefeld, near Berlin, Germany October 31, 2020. Tobias Schwarz/Pool via REUTERSFRANKFURT/PARIS (Reuters) - German airline Lufthansa is losing 1 million euros ($1.2 million) every two hours, which represents “a significant improvement” over the low point of the COVID-19 crisis, Chief Executive Carsten Spohr said on Thursday. Lufthansa, which was racking up losses at twice that rate at one point last year, has cut costs and pared flights to those generating positive cash flow thanks largely to buoyant cargo rates, Spohr said in a webcast interview hosted by Eurocontrol.
Persons: Carsten Spohr, Willy Brandt, Tobias Schwarz, Spohr Organizations: Lufthansa, Brandenburg, REUTERS, German, Eurocontrol Locations: Berlin, Schoenefeld, Germany, REUTERS FRANKFURT, PARIS
According to new court filings, Steven Brandenburg was charged with a Class A misdemeanor at his hearing at the Ozaukee County Circuit Court on Tuesday. Brandenburg had intentionally removed 550 doses of the Moderna vaccine from a clinic refrigerator where he worked in Wisconsin. Steven Bradenburg, the Wisconsin pharmacist accused of tampering with vials of the Moderna COVID-19 vaccine, has been charged with a misdemeanor, according to new court filings. In court Tuesday, Gerol said, "The best evidence at this point is that the vaccine remains viable." The Moderna vaccine vials can stay at room temperature for up to 12 hours and must be stored at 36 to 46 degrees Fahrenheit.
Persons: Steven Brandenburg, Brandenburg, Adam Gerol, Steven Bradenburg, Jeff Bahr, Gerol Organizations: Moderna, Grafton Police Department, Aurora Health, Aurora, Associated Press Locations: Ozaukee, Wisconsin, Ozaukee County, Brandenburg, Grafton, Moderna
ET Covid-19 Live Updates: Pressed by Pandemic, SAT Dropping Essay Section and Subject Tests President-elect Joseph R. Biden Jr. will attend a virus memorial event on the eve of his inauguration, and his team said he would revoke a Trump order loosening travel restrictions before it takes effect. The SAT is dropping its essay section and subject matter tests to streamline during the pandemic. Credit... Ruth Fremson/The New York Times Across the United States, state education and district officials say the pandemic has intensified a longstanding teacher shortage to crisis levels. Nearly a third of nursing home workers in New York State have declined to be vaccinated. Credit... Suzanne Plunkett for The New York Times Britain’s theaters have been in financial crisis since the coronavirus pandemic forced them to shut last March.
Persons: Joseph R, Biden, Hilary Swift, Ruth Fremson, “ It’s, , Laura Penman, , Emma Garcia, Yuki Iwamura, Andrew M, Cuomo, Martin Luther King’s, ” Mr, ” Bryan Pietsch, Stacey Williams, Williams, Jose H, Garcia, Beto, Nelson Prentice Bowsher, Sherri Rasmussen, Pedro Ramirez, Shawna Rodriguez, Ramirez, Amy Harmon, Audra D, Burch, Thomas Fuller, Janet Yellen’s, Timothy F, Geithner, Henry M, Paulson Jr, Win Mcnamee, Janet L, Yellen, Biden Jr, George P, Shultz, James A, Baker III, Robert E, Rubin, Lawrence H, Summers, John W, Snow, Paulson, Jr, Jacob J, Lew, Steven Mnuchin, Angela Merkel, Lena Mucha, Baden –, ” Sönke Schulz, Kieler, noncompliance, , Denny Tamaki, Matt Hancock, Hancock, Nicola Sturgeon, Sturgeon, Christopher F, Schuetze, Jennifer Jett, Suzanne Plunkett, Britain’s, theatermakers, Jay Crutchley, ” Young, “ I’ve, I’ve, Crutchley, Alex Marshall Organizations: Pandemic, High School, The New York Times The College Board, College Board, New York Times, Eminence Community Schools, Economic, Institute, Associated, New York State, Gov, Workers, Tuskegee, Mr, Roma Police Department, Washington , D.C, , New York Times, Senate Finance, Department of, Treasury, Federal Reserve, Department, Global, The New York Times, Die Welt, Baden, Baden – Württemberg, Office, National Statistics, Reuters, Okinawa, NHK, Mount, Kyodo, National Health Service, Theaters, Birmingham Repertory Locations: Hollow, United States, Indiana, Washington, New York, Harlem, Long, Oakland, Calif, Covid, Florida, South Texas, Washington ,, South Bend, Ind, Roma , Texas, ,, Lancaster , Ohio, Puerto Rican, Macon , Ga, Berlin, States, Schleswig, Holstein, Brandenburg, Britain, England, Hong Kong, Ireland, Brazil, South Africa, New Zealand, Australia, Antarctica, Japan, Okinawa, Shizuoka prefecture, Mount Fuji, Birmingham, Wales
ET Covid-19 Live Updates: U.S. Surpasses 400,000 Deaths President-elect Joseph R. Biden Jr. will attend a virus memorial event on the eve of his inauguration, and his team said he would revoke a Trump order loosening travel restrictions before it takes effect. and its widespread availability for low-income students and students of color” made the subject tests no longer necessary. Rwanda has reported 11,259 coronavirus cases and 146 deaths so far, and the rate of positive test results has risen sharply since mid-November, reaching 7.7 percent on Tuesday. Credit... Suzanne Plunkett for The New York Times Britain’s theaters have been in financial crisis since the coronavirus pandemic forced them to shut last March. People wait in line to receive the Sputnik V coronavirus vaccine at the State Department Store GUM in Moscow.
Persons: Joseph R, Biden, Hilary Swift, ” Jon Boeckenstedt, ” Mr, Boeckenstedt, , , David Coleman, Ruth Fremson, “ It’s, Laura Penman, Emma Garcia, Yuki Iwamura, Andrew M, Cuomo, Gareth Rhodes, Martin Luther King’s, ” Bryan Pietsch, Stacey Williams, Williams, Jose H, Garcia, Beto, Nelson Prentice Bowsher, Sherri Rasmussen, Pedro Ramirez, Shawna Rodriguez, Ramirez, Amy Harmon, Audra D, Burch, Thomas Fuller, Janet Yellen’s, Timothy F, Geithner, Henry M, Paulson Jr, Win Mcnamee, Janet L, Yellen, Biden Jr, George P, Shultz, James A, Baker III, Robert E, Rubin, Lawrence H, Summers, John W, Snow, Paulson, Jr, Jacob J, Lew, Steven Mnuchin, Angela Merkel, Lena Mucha, Baden –, ” Sönke Schulz, Kieler, noncompliance, , Denny Tamaki, Matt Hancock, Hancock, Nicola Sturgeon, Sturgeon, Christopher F, Schuetze, Jennifer Jett, Anna Schaverien, Suzanne Plunkett, Britain’s, theatermakers, Jay Crutchley, ” Young, “ I’ve, I’ve, Crutchley, Alex Marshall, , , Sergey Ponomarev, Dmitri Morozov, Morozov, Radi Khabirov, Vladimir V, Dmitri S, Peskov, James T, Suchat Pederson, ’ ”, Domingo Ramirez, Andres Azner, I’m, Lauren Brinkley, Rubinstein, Brant Addison, Addison, Skylar Mack, Mack, Vanjae Ramgeet, Ramgeet, Mack’s Organizations: High School, The New York Times The College Board, College Board, ACT, Oregon State University, Board, , New York Times, Eminence Community Schools, Economic, Institute, Associated, New York State, Gov, Workers, Tuskegee, Mr, Roma Police Department, Washington , D.C, , New York Times, Senate Finance, Department of, Treasury, Federal Reserve, Department, Global, The New York Times, Die Welt, Baden, Baden – Württemberg, Office, National Statistics, Reuters, Okinawa, NHK, Mount, Kyodo, National Health Service, Birmingham Repertory, State Department, European Union, Vaughn Correctional, Associated Press, Prisons, University of North Carolina School of Medicine, Wake Correctional Center, ABC, Mercer University, Jet Locations: Hollow, United States, A.P, Indiana, Washington, New York, Harlem, Long, Oakland, Calif, Covid, Florida, South Texas, Washington ,, South Bend, Ind, Roma , Texas, ,, Lancaster , Ohio, Puerto Rican, Macon , Ga, Berlin, States, Schleswig, Holstein, Brandenburg, Rwanda, Kigali, Britain, England, Hong Kong, Ireland, Brazil, South Africa, New Zealand, Australia, Antarctica, Japan, Okinawa, Shizuoka prefecture, Mount Fuji, Birmingham, Wales, Russia, Moscow, Russian, Soviet, Delaware, Smyrna, Del . Credit, Billerica , Mass, Pennsylvania, North Carolina, Kansas, American, Georgia, Cayman Islands, British
Russia's Federal Penitentiary Service released a statement to state-run media agency TASS confirming Navalny was being detained, allegedly for "repeated violations of the probationary period." Inside and outside the airport, hundreds defied a warning from the Moscow Prosecutor’s office to welcome Navalny when he touched down. Asked if he was concerned about going back to Russia, Navalny countered, "Why would I be scared of Russia? In an online video message, he said it had never crossed his mind not to return to Russia. Moscow has also insisted that Navalny was free to return home like any Russian citizen.
Persons: Alexei Navalny, Kira Yarmysh, Yarmysh, Navalny, Lyubov Sobol, Kirill Kudryavtsev, Vladimir Putin, Putin Organizations: Sunday, Kremlin, Moscow's Vnukovo, Russia's Federal Penitentiary Service, Berlin Brandenburg Airport, Getty, NBC, Federal, Service, European Court, Human Rights, Associated Press Locations: Moscow, Berlin, Germany, Siberia, Sheremetyevo, Russia's, Russian, Russia, Schoenefeld, AFP, Tomsk, Omsk, Soviet
MILWAUKEE — A state board on Wednesday suspended the license of a Wisconsin pharmacist accused of ruining more than 500 doses of Covid-19 vaccine because he thought it was unsafe. Aurora Medical Center in Grafton, Wis. Google MapsThe Wisconsin Pharmacy Examining Board said in its order that Brandenburg cannot practice pharmacy while the suspension is in place. Advocate Aurora Health Care Chief Medical Group Officer Jeff Bahr has said Brandenburg admitted that he deliberately removed the vials from refrigeration at the Grafton medical center. Misinformation around the Covid-19 vaccines has surged online with false claims circulating on the vaccines’ ingredients and possible side effects. Experts have said there is no truth to the claims that the vaccines can genetically modify humans.
Persons: Steven Brandenburg, Brandenburg, Jason Baltz, Jeff Bahr Organizations: MILWAUKEE, Aurora Health, Moderna, Aurora Medical, Google, Associated Press, Pfizer Locations: Wisconsin, Grafton, Milwaukee, Grafton , Wis, Brandenburg
But it would be difficult to convict Trump in a conventional criminal trial for his speech, even if the Senate convicts him. Speech is not "incitement" unless (1) there is proof the speaker intended the speech to produce imminent lawlessness and (2) the speech is likely to produce that lawlessness. Even the mere tendency of speech to encourage unlawful acts is not enough to punish it, according to the Supreme Court. Some, including senators in Trump's trial, will point out that the rioters stormed the Capitol after hearing Trump's speech. There was no reported violence at Trump's speech, which was at the Ellipse.
Persons: Donald Trump, Trump, There's Organizations: Trump, Senate, Supreme, Capitol Locations: Brandenburg
Mr. Trump’s claim earlier this week that his remarks outside the White House were “totally appropriate” is preposterous: He deceived his supporters, disgraced his office and ordered the subversion of democracy. But as they hastily grapple with Mr. Trump’s unprecedented pillage of constitutional norms, Congress should take care not to inadvertently lower the First Amendment guardrails for speech more generally. There is a very strong case that Mr. Trump’s efforts to thwart the Constitution, subvert the election results, encourage insurrection and intimidate officials into obstructing the democratic process meet the impeachment standard. It is up to Congress to decide whether Mr. Trump’s behavior violated his oath to preserve, protect and defend the Constitution. It is up to courts to decide when incendiary language meets the legal standard of incitement, consistent with the First Amendment.
Persons: Trump’s, Trump, flouting, Claiborne, DeRay Mckesson, Mckesson, , Mr, Suzanne Nossel, Organizations: Mr, NAACP, Claiborne, South Dakota Legislature, Pen America, New York, Facebook, Twitter Locations: Brandenburg, Louisiana, United States
FILE PHOTO: U.S. President Donald Trump boards Air Force One at Valley International Airport after visiting the U.S.-Mexico border wall, in Harlingen, Texas, U.S., January 12, 2021. At one point in the speech, Trump told the crowd they should “peacefully and patriotically make your voices heard.”Trump returned to the White House after the remarks and reportedly watched the attack on television. Trump would have a strong argument that he engaged in free speech protected by the First Amendment of the U.S. Constitution, legal experts said. Trump can argue that his rhetoric was sufficiently ambiguous, and that when he said “fight” he did not mean attack the Capitol, they said. A top prosecutor in the District of Columbia, Ken Kohl, on Jan. 8 told reporters that he did not expect to see a criminal case against Trump for inciting violence.
Persons: Donald Trump, Carlos Barria, Trump, Joe Biden’s, Republican Trump, ” Trump, , , TRUMP, Clarence Brandenburg, Ilya Somin, Paul Smith, Smith, Alexander Tsesis, Biden, Justice Department’s, Ken Kohl Organizations: Reuters, U.S, Capitol, Air Force, International Airport, REUTERS, Republican, White, TRUMP BE, of Columbia, Trump, Constitution, Ohio Ku Klux Klan, George Mason University, Supreme, FBI, Washington Post, Loyola University School of Law, Chicago Prosecutors, Justice, District of Columbia Locations: Mexico, Harlingen , Texas, U.S, Ohio, Washington, Brandenburg, Virginia, Chicago, United States, District
EasyJet secures new five-year $1.87 billion loan with UK guarantee
  + stars: | 2021-01-11 | by ( Reuters Staff | ) www.reuters.com sentiment -0.99   time to read: +2 min
REUTERS/Hannibal Hanschke/PoolLONDON (Reuters) - British airline easyJet EZJ.L boosted its liquidity through a new five-year loan facility of $1.87 billion, backed by a partial guarantee from Britain, helping to ease concerns about its finances as the pandemic continues to stop travel. EasyJet said the new loan facility improved its debt maturity profile and it planned to repay and cancel the full drawn revolving credit facility of $500 million and term loans of about 400 million pounds ($540 million) in the first quarter. The new $1.87 billion loan was underwritten by a syndicate of banks and backed by guarantees provided by a scheme from Britain’s UK Export Finance, which includes some restrictions around future dividend payments. Other companies hit by COVID-19 travel restrictions, including Britain’s Rolls-Royce and British Airways, owned by IAG, have also used UK Export Finance guarantees. EasyJet said repaying its shorter term debt would “free up” a number of aircraft assets further strengthening its balance sheet.
Persons: Willy Brandt, Hannibal Hanschke, easyJet, EasyJet, “ easyJet Organizations: Brandenburg, REUTERS, Britain’s UK Export Finance, Royce, British Airways, IAG, Export Finance Locations: Berlin, Schoenefeld, Germany, Britain
Joe Biden has a unique chance to reform police departments and emphasize de-escalation tactics. Protest policing, simply put, is the collection of strategies and tactics that police and federal agents use to control crowds of people who gather to protest. The erosion of negotiated management underwent glacial changes that can best be seen only in hindsight. Those advocating for this earlier timing maintain that the terrorist attacks of September 11, 2001 merely extended and institutionalized protest policing patterns established in 1999. In some ways, we may be closer to a turn back to negotiated management than we think, but we caution that the road back is not assured.
Persons: Joe Biden, Sarah A, Soule, Christian Davenport, Law, preemptively, Harris Organizations: Graduate School of Business, Stanford, Political Science, Institute for Social Research, University of Michigan, US, Watts, Kerner Commission, Police, Greenpeace, Seattle police, Seattle Police Department, Biden, Peace Research Institute, American Association for, Arts and Sciences Locations: Brandenburg, . Ohio, United States, Portland, Kenosha , WI, Iraq, Seattle, Peace Research Institute Oslo
Arrest Trump. He directly incited violence.
  + stars: | 2021-01-08 | by ( Anthony L. Fisher | ) www.businessinsider.com + 0.00   time to read: +4 min
The First Amendment protects the right to express even the most repugnant, hateful speech so long as it is not a direct incitement to violence. The president directly incited deadly violence. Contrary to popular misunderstanding, shouting "fire" in a crowded theater is not the established legal threshold separating protected speech from criminally inciting speech. As a staunch free speech advocate, I don't say the following lightly: President Donald Trump should be arrested and prosecuted for inciting violence. For the sake of justice and the future of American democracy: Arrest him.
Persons: Trump, Oliver Wendel Holmes, Schenck, SCOTUS, Brandenburg, Donald Trump, Trump's, Organizations: Supreme, . Ohio, Capitol, Capitol Police, Electoral, The New York Times, Trump Locations: Schenck v, United States, ., Brandenburg, The
Electric vehicle maker Tesla surpassed Facebook by market capitalization after markets opened Friday. ET to give it a market cap of $802.6 billion, while Facebook stock dipped. Facebook now has a market cap of about $755.8 billion. Just 10 months later, the company surpassed a $500 billion market cap. Led by Musk, Tesla has turned in five consecutive profitable quarters.
Persons: Elon Musk, Axel Springer, Tesla Organizations: SpaceX, Tesla Inc, Facebook, Elon, Microsoft, carmaker Locations: Berlin, Germany, Austin , Texas, Brandenburg
Prosecutors identified the Advocate Aurora Health Care pharmacist who is accused of purposely removing Moderna vaccines as Steven Brandenburg, 46, in a hearing on Monday. There is no proof that the Moderna vaccine can alter DNA. According to court documents, the man believed conspiracy theories about the vaccine and believed that the world was "crashing down." Advocate Aurora Health initially claimed the pharmacist's actions were "human error" but moved to fire the employee and alert authorities, saying the act was intentional. The claims that the Moderna vaccine could alter DNA are false according to experts and are part of a wave of COVID-19 misinformation circulating around the pandemic and vaccine.
Persons: Steven Brandenburg, Brandenburg, He'd, Adam Gerol, Gerol, Jeff Bahr, Bahr, Bradenburg, Judge Paul Malloy, Brandenburg's Organizations: Aurora Health, Grafton Police Department, Moderna, AP, Aurora, Health, Police, Bradenburg Locations: Ozaukee County, Wisconsin, Grafton, Port Washington , Wisconsin
A pharmacist accused of trying to destroy hundreds of doses of coronavirus vaccine is a conspiracy theorist who believed the medication wasn't safe, Wisconsin authorities alleged Monday. Police in Grafton, about 20 miles north of Milwaukee, arrested Brandenburg, a pharmacist with Advocate Aurora Health, on Thursday after 57 vials of the Moderna vaccine appeared to have been spoiled. Police said Brandenburg took the vaccine doses from a refrigerator and left them out for 12 hours, possibly rendering them useless. While the judge and the prosecutor were in court, Brandenburg appeared from jail and his lawyer appeared from another locale. Brandenburg's lawyer acknowledged his presence on behalf of Brandenburg but did not appear to make any other substantive comments.
Persons: Steven Brandenburg, Paul Malloy, Brandenburg, Eric Sutherland ., Sutherland, wasn't, Adam Gerol, Gerol Organizations: Police, Aurora Health, Moderna, Grafton Locations: Wisconsin, Grafton, Milwaukee, Eric Sutherland . Brandenburg, Ozaukee County, Brandenburg
EasyJet suspends some voting rights to meet post-Brexit rules
  + stars: | 2021-01-04 | by ( Reuters Staff | ) www.reuters.com sentiment -0.99   time to read: +2 min
REUTERS/Hannibal Hanschke/Pool/File PhotoLONDON (Reuters) - EasyJet has begun moves to suspend the voting rights of some non-EU shareholders to comply with post-Brexit airline ownership rules, the UK airline said on Monday. EasyJet has held an Austrian operating licence since 2017 to retain its EU flying rights despite Britain leaving the EU. But the airline is currently 52.65% owned by non-EU shareholders, meaning it must make changes to meet EU rules following the end of the Brexit transition period on Dec. 31. By restricting voting rights, easyJet and competitors such as British Airways owner IAG, Wizz Air and Ryanair all hope to overcome the Brexit ownership headache. “The voting rights suspension is being applied on a ‘last in, first out’ basis such that the shares most recently acquired by relevant persons will have voting rights suspended first,” easyJet said in a statement.
Persons: Willy Brandt, Hannibal Hanschke, EasyJet, IAG, ” easyJet, easyJet Organizations: Brandenburg, REUTERS, ., Union, EU, Britain, British Airways, Wizz Air, Ryanair Locations: Berlin, Schoenefeld, Germany, Austrian
Tesla stock set to start 2021 at record high
  + stars: | 2021-01-04 | by ( Reuters Staff | ) www.reuters.com sentiment -0.99   time to read: +2 min
FILE PHOTO: The Tesla logo is seen on a car in Los Angeles, California, U.S., July 9, 2020. The brokerage also raised its bearish price target on Tesla to $105 from $90. Street’s median target on the stock is $424.5, nearly $300 below its current trading price, according to Refinitiv data. Tesla still faces an uphill task of ramping up production. “... Ramping production is difficult and will be one of the most important Tesla topics in 2021, along with the status of FSD (Full Self-Driving)”.
Persons: Lucy Nicholson, Elon, J.P, Morgan, Tesla, , Gene Munster Organizations: REUTERS, Tesla Inc, Loup Ventures Locations: Los Angeles , California, U.S, China, Shanghai, California, Austin , Texas, Brandenburg, Germany
Tesla hits record high in first trading session of 2021
  + stars: | 2021-01-04 | by ( Reuters Staff | ) www.reuters.com sentiment -0.98   time to read: +2 min
FILE PHOTO: The Tesla logo is seen on a car in Los Angeles, California, U.S., July 9, 2020. REUTERS/Lucy Nicholson/File Photo(Reuters) -Tesla Inc shares rose to a record high in the first trading session of 2021, extending last year’s more than eight-fold surge that helped it become the world’s most valuable carmaker. The brokerage also raised its price target on Tesla to $105 from $90. Street’s median target on the stock is $424.5, $319 below its current trading price, according to Refinitiv data. “... Ramping production is difficult and will be one of the most important Tesla topics in 2021, along with the status of FSD (Full Self-Driving)”.
Persons: Lucy Nicholson, Elon, J.P, Morgan, , Gene Munster Organizations: REUTERS, Tesla Inc, Saturday, Wall, Loup Ventures Locations: Los Angeles , California, U.S, China, Shanghai, California, Austin , Texas, Brandenburg, Germany
Tesla delivered just under 500,000 cars in 2020, exceeding what Wall Street analysts had expected. The numbers show just how important Tesla's new factories are to its continued success, one industry expert said. With an abundance of competition set to hit the market this year, Tesla's lead in the industry could be at stake. Tesla can't open its under construction factories quickly enough to keep up with demand. "The bad news is to keep up with this demand, the company needs to quickly build new factories in Austin, Texas, and Brandenburg, Germany.
Persons: Tesla, Tesla's, Gene Munster, Nikola, Elon Musk, Dan Ives Organizations: Loup Ventures, JPMorgan, Tesla's, eventual, Tesla Locations: Austin , Texas, Brandenburg, Germany, Shanghai, China, Tesla's Berlin, Texas, Austin
The attempt to destroy precious doses of the vaccine came over the holidays as the state worked to administer vaccines quickly to frontline health care workers. As of Saturday, the state had received 159,800 doses of vaccines and had administered 64,657, according to the Centers for Disease Control and Prevention. Although the Moderna product is sometimes described as a “genetic” vaccine, it does not alter a person’s genes in any way. The prosecutor, Adam Gerol, said that Mr. Brandenburg was “pretty cooperative and admitted to everything he’d done,” and that “he expressed that he was under great stress because of marital problems.” He said that according to co-workers, Mr. Brandenburg had brought a gun to work on two prior occasions. In her motion, Gretchen Brandenburg said that on Dec. 6, her husband picked up the children and dropped off a water purifier, a large bucket of powdered milk and two 30-day emergency buckets of food.
Persons: Steven Brandenburg, Brandenburg, Adam Gerol, he’d, , , Gretchen Brandenburg Organizations: Centers for Disease Control, Moderna, Police, Associated, Mr Locations: Ozaukee County
For the year, Tesla delivered 499,550 vehicles in 2020, largely in line with its guidance of around 500,000 vehicles. Tesla also combines delivery numbers for its older Model S and Model X electric cars, and newer, more popular Model 3 and Model Y vehicles. In the fourth quarter, Tesla delivered 161,650 Model 3 and Model Y cars and produced 163,660 such vehicles. For the year, Tesla delivered 442,511 Model 3 and Model Y cars, while producing 454,932 of the vehicles. Tesla said Model Y production has begun in Shanghai with deliveries expected to begin shortly.
Persons: Tesla, Elon Musk, Musk, hasn't Organizations: Tesla, FactSet, Panasonic Locations: Shanghai, China, United States, Fremont, California, Austin , Texas, Brandenburg, Germany
Tesla had to stop construction at its Berlin Gigafactory after failing to pay a 100 million euro security deposit in time, German outlet Der Tagesspiegel reported. The Brandenburg environmental authority required the deposit by Thursday as part of conditional work permits it issued to Tesla, the report said. According to the report, Tesla filed for an extension and now has until January 4 to make the payment. Tesla has run into lots of roadblocks and butted heads with German environmentalist groups since it announced plans to build a massive plant outside Berlin. Tesla plans to start production at the factory in July 2021, and aims to ramp up production to 500,000 vehicles per year.
Persons: Tesla, it's, Der Tagesspiegel, Read, Bill Gates, , Elon Musk Organizations: Berlin, Green League, Biodiversity Conservation Locations: Brandenburg, Berlin, Germany
German Chancellor Angela Merkel (CDU) recently called for a renewed tightening of the corona rules: Stores, schools and daycare centers are to be closed in Germany until January 10 if possible. While the CDU-led states are in favor of a nationwide uniform tightening of the rules, the SPD-led states and Thuringia are against it. On Wednesday evening, both sides agreed to decide on new corona rules in a circular resolution or a telephone conference on Sunday. This will then be adopted in a so-called circular resolution or a telephone conference on Sunday. From 27 December there will be a hard lockdown until 10 January.
Persons: Angela Merkel, Chancellor Angela Merkel, Württemberg Organizations: CDU, SPD Locations: Germany, Thuringia, Baden, Saxony, Anhalt, Schleswig, Holstein, Mecklenburg, Pomerania, Lower Saxony, Brandenburg
Tesla progress on German factory slowed by sleeping snakes
  + stars: | 2020-12-08 | by ( Lora Kolodny | ) www.cnbc.com + 0.00   time to read: +3 min
25 January 2020, Brandenburg, Grünheide: Tesla electric vehicles stand on a road on the edge of a forest where the construction of a Tesla factory is planned. Tesla has been clearing a pine forest to build its first European factory in Brandenburg, Germany. Now, a German environmental authority has ordered the electric car company to suspend that activity until it can prove the action won't harm hibernating snakes and lizards in the area. The company was aiming to produce its electric vehicles locally in Germany by July 2021. In November 2019, when CEO Elon Musk announced plans to build a car plant in Germany, he lauded German engineering.
Persons: Tesla, Tagesspiegel, Elon Musk, Musk, Zachary Kirkhorn Organizations: Volkswagen AG, Audi, VW, Metall Locations: Brandenburg, Germany, Europe, Shanghai, Berlin
France to keep supporting Air France-KLM if needed: government
  + stars: | 2020-11-18 | by ( Reuters Staff | ) www.reuters.com sentiment -0.89   time to read: +1 min
The Air France flight AF 1235 destined for Paris-Charles de Gaulle is seen before taking off as the last flight from Berlin's Tegel airport, which closes permanently following the recent opening of the new Berlin-Brandenburg (BER) airport in Berlin, Germany, November 8, 2020. REUTERS/Michele TantussiPARIS (Reuters) - The French government will continue to support airline company Air France-KLM if necessary, government spokesman Gabriel Attal said on Wednesday. Attal, holding a news conference after a cabinet meeting, was asked about a report that Air France-KLM was discussing plans to raise another 6 billion euros ($7.1 billion) from its two government shareholders and other investors. The company received 10.4 billion euros in state-backed bailouts from France and the Netherlands earlier this year to help it cope with the impact of the coronavirus pandemic. “The state has always strongly supported Air France since the beginning of the crisis”, Attal said, adding the company had ongoing talks with France’s finance ministry.
Persons: Charles de Gaulle, Michele Tantussi PARIS, Gabriel Attal, Attal Organizations: Air France, REUTERS, KLM Locations: Paris, Berlin's Tegel, Berlin, Brandenburg, BER, Germany, France, Netherlands
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