Latest news with #A691
Yahoo
7 days ago
- Yahoo
Man arrested in attempted murder probe after shooting at County Durham car wash
A man has been arrested on suspicion of attempted murder after a shooting at a car wash. Police were called to reports of shots being fired at Lanchester Hand Car Wash, just before 7.30pm on Monday (August 11). It is believed a car pulled onto the forecourt of the business, where four men had arrived a short time earlier, police said.A passenger from the car then allegedly opened fire before the vehicle fled the scene. Police at the scene of Lanchester Hand Car Wash on the A691 (Image: STUART BOULTON) A man in his 50s suffered pellet injuries to his chest, face, forehead, and eye. He was treated by paramedics at the scene but declined hospital treatment. Firearms officers tracked down a man in his 20s who was arrested on suspicion of attempted murder. He remains in police custody at this time. Police at the hand car wash in Lanchester (Image: STUART BOULTON) The A691 remains closed in both directions between Consett and Lanchester, with a cordon in place opposite St Bede's Catholic School and Sixth Form College. Investigators were pictured at the scene on Tuesday (August 12) carrying out forensic work. Police and CSI on the A691 at Lanchester (Image: STUART BOULTON) A marked police car could be seen blocking the A691 into Lanchester, while officers stand guard at the car wash. Durham Police appealed for information from anyone who may have witnessed the incident or captured dashcam footage in the area around the time. 'Officers would like to hear from anyone who may have witnessed the incident or has dashcam footage from the area at the time,' a spokesperson said. Read more: Darlington Football Club breaks silence over difficulty of finding new stadium site Derelict industrial site being transformed into modern business hub Newton Aycliffe man who admitted having class B drug wants to change plea, court told 'If you have any information, call 101 quoting incident reference number 437 of August 11, or contact Crimestoppers anonymously on 0800 555 111.' The A691 is expected to remain shut until investigators complete their work. Motorists are advised to divert via Maiden Law and Howden Bank if travelling to or from Lanchester.
West Australian
06-06-2025
- Automotive
- West Australian
Investors dump Tesla as Trump-Musk clash escalates
Investors bought hundreds of billions of dollars of Tesla stock after Donald Trump was elected on a bet that politics were more important than profits. In three hours on Thursday, they learned yet again how dangerous that gamble could be. Shares of Elon Musk's electric vehicle maker plunged more than 14 per cent in a stunning wipeout as investors dumped holdings amid a bitter war of words between the president and the world's richest man. By the end of the trading day, $US150 billion ($A230 billion) of Tesla's value had been erased, more than what it would take to buy all the shares of Starbucks and hundreds of other big publicly traded US companies. The disagreement started over the president's budget bill, then quickly turned nasty. After Musk said that Trump wouldn't haven't gotten elected without his help, Trump implied that he may turn the federal government against his companies, including Tesla and SpaceX. "The easiest way to save money in our Budget, Billions and Billions of Dollars, is to terminate Elon's Governmental Subsidies and Contracts," Trump wrote on his social messaging service Truth Social. "I was always surprised that Biden didn't do it!" Trump's threat to cut government contracts seems targeted more to another of Musk's businesses, SpaceX, than his car company. The privately held rocket company has received billions of dollars for sending astronauts and cargo to the International Space Station, providing launches and doing other work for NASA. The company is currently racing to develop a mega rocket for the space agency to send astronauts to moon in 2026. After the presidential election in November, investors rushed into the stock, adding more than $US450 billion ($A691 billion) to its value in a few weeks. The belief was that the company would see big riches as Trump eased regulatory oversight of Tesla. They also were betting that the new administration would embrace Musk's plans for millions of cars on US roads without drivers behind the wheel. After hitting an all-time high on December 17, the shares retreated as Musk's time as head of a government cost-cutting group led to boycotts and a hit to Tesla's reputation. They've recently popped higher again after Musk vowed to focus more on Tesla and its upcoming driverless taxi launch. Now investors aren't so sure, a worry that has translated into big paper losses in Tesla stock held by Musk personally — down $US20 billion ($A31 billion) for the day.
Perth Now
06-06-2025
- Automotive
- Perth Now
Investors dump Tesla as Trump-Musk clash escalates
Investors bought hundreds of billions of dollars of Tesla stock after Donald Trump was elected on a bet that politics were more important than profits. In three hours on Thursday, they learned yet again how dangerous that gamble could be. Shares of Elon Musk's electric vehicle maker plunged more than 14 per cent in a stunning wipeout as investors dumped holdings amid a bitter war of words between the president and the world's richest man. By the end of the trading day, $US150 billion ($A230 billion) of Tesla's value had been erased, more than what it would take to buy all the shares of Starbucks and hundreds of other big publicly traded US companies. The disagreement started over the president's budget bill, then quickly turned nasty. After Musk said that Trump wouldn't haven't gotten elected without his help, Trump implied that he may turn the federal government against his companies, including Tesla and SpaceX. "The easiest way to save money in our Budget, Billions and Billions of Dollars, is to terminate Elon's Governmental Subsidies and Contracts," Trump wrote on his social messaging service Truth Social. "I was always surprised that Biden didn't do it!" Trump's threat to cut government contracts seems targeted more to another of Musk's businesses, SpaceX, than his car company. The privately held rocket company has received billions of dollars for sending astronauts and cargo to the International Space Station, providing launches and doing other work for NASA. The company is currently racing to develop a mega rocket for the space agency to send astronauts to moon in 2026. After the presidential election in November, investors rushed into the stock, adding more than $US450 billion ($A691 billion) to its value in a few weeks. The belief was that the company would see big riches as Trump eased regulatory oversight of Tesla. They also were betting that the new administration would embrace Musk's plans for millions of cars on US roads without drivers behind the wheel. After hitting an all-time high on December 17, the shares retreated as Musk's time as head of a government cost-cutting group led to boycotts and a hit to Tesla's reputation. They've recently popped higher again after Musk vowed to focus more on Tesla and its upcoming driverless taxi launch. Now investors aren't so sure, a worry that has translated into big paper losses in Tesla stock held by Musk personally — down $US20 billion ($A31 billion) for the day.
