While this week’s episode of Tesla Inc has left us with several cliffhangers, it did show one thing: just how far the company has veered from Elon Musk’s secret “Master Plan” of 2006. Musk summarised it at the top of an updated version — ”Part Deux” — published in 2016: 1 Create a low volume car, which would necessarily be ...

Public corporations are an odd hybrid institution. They’re not really public in the sense of the government having a stake in them — they’re privately owned companies that follow government standards for financial reporting. In theory, this transparency makes them suitable for the public to invest in. Again in theory, this confers at least two benefits on a company. Financial ...

Go to any Indian airport, and it’ll appear that nearly all of the country’s billion-plus people have decided to fly. Yet talk to shareholders of India’s largest aviation businesses, and they’ll tell you how miserable they are. Oxygen masks have been down since last month’s 97 percent drop in quarterly profit for InterGlobe Aviation Ltd, which operates IndiGo, the budget ...