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Tesla’s production expansion, surging oil prices bring stock upgrade from Daiwa Securities

Teslarati

Tesla’s ( NASDAQ: TSLA ) plans to expand its production capacity, along with other factors like surging oil prices that could sway consumers to electric vehicles, have contributed to Daiwa Securities analysts upgrading their outlook on the automaker’s stock. The factory in Shanghai manufactured 51.7

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bp to exit its 19.75% shareholding in Rosneft

Green Car Congress

The bp board announced that bp will exit its shareholding in Rosneft, a Russian state-controlled oil and gas company. Russia’s attack on Ukraine is an act of aggression which is having tragic consequences across the region. bp has held a 19.75% shareholding in Rosneft since 2013. —bp chair Helge Lund.

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Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

Even a casual glance at the IMF’s World Economic Outlook statistics for Russia shows the tight correlation since 1992 between GDP growth on the one hand and oil and gas output, exports, and prices on the other (economic series available here ). percent of GDP in 2014. Natural gas data from Gazprom). billion respectively).

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