Lex Tesla News Today

In today’s edition of Moneycontrol Pro Panorama: Ipcas acquisition of Unichem, branch banking makes a comeback, AI not a threat to traders, Congresss do-or-die battle in Karnataka, and more

The Technoking’s sway has always depended more on his personality than his stake in the electric-car maker

Photo by Sebastian Willnow/picture alliance via Getty Images A German court on Friday ruled that Tesla would not be able to clear as much forest as it intended to in order to build its new Gigafactory outside Berlin. The court ruled the deforestation would endanger the local population of hibernating sand lizards. Tesla already tried to relocate all the lizards from its site, but many of the lizards would already have been in their winter dens, the court found. The...

lizards. Tesla already tried to relocate all the lizards from its site, but many of the lizards would already have been in their winter dens, the court found. Therefore, Teslas relocation wont have been enough to save the population. As Tesla races to finish its new German Gigafactory by July 2021, a local species of lizard could pose a real problem. A German court on Friday issued an order forbidding Tesla from chopping down trees that are home to hibernating sand lizards who would not survive...