Article first published in Forbes Monaco September/October 2020 issue. As Covid continues to disrupt air travel, Bentley makes a road trip a cool alternative. And the journey begins in Cheshire. With the U.S. imposing a 14-day quarantine from travelers from Europe, many local Americans had to cancel their annual stateside vacation, opting instead to stick close to home as the…
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Tesla’s stock jumped to a new record high on Wednesday, giving the electric vehicle maker a valuation of more than $208 billion, which means that it is now the most valuable car company on the planet. KEY FACTS - Tesla’s stock has surged 17% this week alone, on Monday closing above $1,000 per share for the first time ever and on Wednesday hitting a new record high price of $1,135 per share.…
Hertz, one of the largest car rental companies in the U.S., filed for bankruptcy Friday after the coronavirus devastated its business, making it another major company that has filed for bankruptcy amid the pandemic. KEY FACTS - Hertz will file for Chapter 11 bankruptcy, but will remain in business during the proceedings using its $1 billion cash on hand. - Hertz’s Europe, Australia and New Zealand…
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