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Finance & Markets

Elon Musk Promised "Over a Million Robotaxis" by 2020. None Materialized, and a Dedicated Robotaxi Fleet Isn't Expected Until at Least 2027. Here's What That Track Record Means for Tesla's Valuation.

Key PointsElon Musk made big promises about Tesla's robotaxi business that still aren't even close six years later.

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ASSA ABLOY Acquires Pacific Lock

(RTTNews) - ASSA ABLOY AB (ASSA-B.ST, ASSB.F), a security solutions provider, on Wednesday announced that it acquired Pacific Lock Company, a U.S. manufacturer of padlocks and security hardware.

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