It’s a remarkable turnaround from the dark days of 2018, when Tesla struggled to ramp up production of the Model 3 sedan, scores of executives quit and Musk was sued by the U.S. Securities and Exchange Commission over his infamous “go private” tweet.
This year’s share rally has made the California company the world’s most valuable automaker, with a market value of roughly $267 billion as of Friday’s close.

And then there’s Musk himself. The 49-year-old South African immigrant, who is a Los Angeles-based celebrity as much as a Silicon Valley CEO, is now the 10th richest person in the world, according to the Bloomberg Billionaires Index.

Anxious WHO implores world to ‘do it all’ in long war on COVID-19

Aug 3, 2020

WHO Director-General Tedros Adhanom Ghebreyesus and WHO emergencies head Mike Ryan exhorted nations to rigorously enforce health measures such as mask-wearing, social distancing, hand-washing and testing.
“There are concerns that we may not have a vaccine that may work, or its protection could be for just a few months, not more. But until we finish the clinical trials, we will not know,” he said

AstraZeneca to be exempt from coronavirus vaccine liability claims in most countries

Aug 3, 2020

With 25 companies testing their vaccine candidates on humans and getting ready to immunize hundred millions of people once the products are shown to work, the question of who pays for any claims for damages in case of side effects has been a tricky point in supply negotiations.“This is a unique situation where we as a company simply cannot take the risk if in … four years the vaccine is showing side effects,” Ruud Dobber, a member of Astra’s senior executive team, told Reuters.

“In the contracts we have in place, we are asking for indemnification. For most countries it is acceptable to take that risk on their shoulders because it is in their national interest,” he said, adding that Astra and regulators were making safety and tolerability a top priority.

Australia’s Victoria declares disaster, sets curfew to curb COVID-19

Aug 2, 2020

“The current rules have avoided thousands and thousands of cases each day, and then thousands of people in hospital and many more tragedies than we have seen. But it is not working fast enough,” Victoria Premier Daniel Andrews told a televised briefing.

A curfew from 8 p.m. to 5 a.m. every day will be implemented from Sunday evening in Melbourne, barring the nearly five million people in the city from leaving their houses except for work or to receive or give care.

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