When the UK government announced last week it would delay (again) a final decision on the nuclear power plant at Hinkley Point, many expressed their shock and surprise – including some of the directors on the board of energy giant EDF which narrowly voted less than 24 hours before to approve the plan.
But now it seems that the board’s chair and chief executive Jean-Bernard Lévy knew that the £18bn scheme in Somerset would be delayed and withheld the knowledge from the board.
Elon Musk’s electric car manufacturer posted its 13th consecutive quarterly loss on Wednesday, which was worse than expected as it invests billions in new vehicle and battery factories.
The firm said it is still on track to deliver 80,000 new vehicles by the end of 2016 and a new model aimed at the mass market.
It maintains that adjusted profitability can still be met after agreeing a $2.6 billion deal on Monday to buy out solar energy company Solar City, which Musk is also the chair of.
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