Tesla set to acquire German battery assembly company ATW Automation

Tesla Inc has agreed to acquire German ATW Automation, a supplier assembling battery modules and packs for the auto industry, a source familiar with the transaction said on Friday. ATW, a subsidiary of Canadian ATS Automation Tooling Systems Inc, was on the brink of liquidation due to a slump in orders, German media reported in… Read More Tesla set to acquire German battery assembly company ATW Automation

Fifteen dead, dozens injured following truck bomb blast in Afghanistan

Attackers set off a truck bomb in Afghanistan’s eastern Nangarhar province on Saturday, killing at least 15 people and wounding dozens, according to provincial officials, as violence continues in the war-torn nation despite peace talks taking place in Qatar. Attaullah Khugyani, a spokesman for the provincial government, said the number of casualties, most of whom… Read More Fifteen dead, dozens injured following truck bomb blast in Afghanistan