News Snapshot:
A figure of $800 billion (€734 billion) is a lot of money. To put it in context, with Ireland considering buying a job-lot of cutting-edge jet fighters, a Saab Gripen – regarded as one of the best and most capable current multirole military aircraft – costs about $85 million. You could buy 90 – yes, 90 – Gripens for the Defence Forces and still have change left for aviation fuel. So $800 billion is how much value Tesla has shed since December. Back then, the carmaking brand run by the increasingly controversial Elon Musk, hit a peak of $480 per...