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Moment of truth for Musk as made-in-China Teslas roll out

Bloomberg Elon Musk’s decision to assemble Tesla Inc cars in China required years of planning and billions of dollars in spending. Now comes the challenging part. The electric Model 3 sedans rolling off the assembly line at Tesla’s Shanghai plant — its first outside the US — face a market where total vehicle sales are expected to fall for a ...

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Cellnex starts 2020 acquiring towers from Morgan Stanley

Bloomberg Cellnex Telecom SA, the Spanish tower operator that has announced about 7 billion euros ($7.8 billion) of acquisitions since going public in 2015, is making its first deal of the year with the purchase of assets in Portugal. Cellnex, based in Barcelona, will acquire all of the towers held in a joint venture between Altice Europe NV, Morgan Stanley ...

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Manhattan home sales see smallest drop in two years

Bloomberg Manhattan home sales slipped 1.2% in the fourth quarter — and that’s the best news for the market in two years. It was the smallest year-over-year decline in deals since buyers started retreating in 2017, according to a report by appraiser Miller Samuel Inc and brokerage Douglas Elliman Real Estate. While home-shoppers are still wary of overpaying in a ...

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