Dernières nouvelles pour Cannara Biotech (OTC:LOVFF) Stock

Cannara Biotech Inc is a vertically integrated producer of premium-grade cannabis and cannabis-derivative products for Canadian markets. The company owns two mega Quebec-based facilities. The company operates in in two segments; Indoor cannabis operations segment which includes the cultivation, processing and sale of dried cannabis and cannabis derivatives for the Canadian market and the Real estate operations segment related to the Farnham and Valleyfield building. Majority of the revenue for the company is generated from its Cannabis operations segment. .

CANNARA BIOTECH INC by Cannara Biotech Inc.

Cannara Biotech Inc

News

AMZN

TDOC

Reported Earlier, Teladoc Health Expands Chronic Condition Program Enrollment Through Partnership With Amazon

Macro Economic Events

Econ #s

Economics

China New Loans For December 990.0B	Vs. 890.0B Est.; 580.0B Prior

Online retailer Amazon.com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) said on Tuesday that it has ordered more than 200 new eActros 600 vehicles from Mercedes-Benz Trucks to deploy in Europe&nbsp;in a bid to <a href="https://www.benzinga.com/trading-ideas/24/12/42599673/amazon-has-20000-rivian-electric-delivery-vans-in-fleet-heres-what-could-be-next-for-both-companies">electrify its fleet.</a>
What Happened: The trucks will join Amazon&#8217;s transportation network later this year, the company said, while adding that they will be deployed across high-mileage routes in the UK and Germany. 
The trucks, it said, will transport trailers to and from Amazon&#8217;s fulfillment centers, sort centers, and delivery stations. They are expected to transport over 350 million packages every year once fully operational. 
&#8220;It is the biggest electric heavy truck order by Amazon to date anywhere in the world, and is an important step as we work to achieve our Climate Pledge commitment to reach net-zero carbon emissions across our operations by 2040,&#8221;&nbsp;Andreas Marschner, Vice President of Amazon Worldwide Operations Sustainability, said in a statement. 
Mercedes Benz Trucks is part of the Daimler Trucks division (OTC:<a class="ticker" href="https://www.benzinga.com/stock/DTGHF#OTC">DTGHF</a>).
Why It Matters: The eActros 600 is a long-haul electric truck from Mercedes Benz Trucks manufactured at its plant in Wörth, Germany. It offers an installed battery capacity of over 600 kilowatt hours and a range of 500 kilometers. 
Amazon said on Tuesday that it will install 360 kW electric charging points at key sites to ensure there are no hurdles to charging these trucks while also working with stakeholders to support the installation of external charging points in suitable locations. 
Amazon is investing more than a billion euros in the coming years to electrify its transportation network across Europe. In May, the company deployed <a href="https://www.benzinga.com/news/24/05/38707668/amazon-advances-towards-zero-emissions-with-new-electric-trucks">50 electric heavy trucks in California</a> as well. 
<em style="color: rgb(45, 45, 45); font-family: &quot;Helvetica Neue&quot;, Helvetica, OpenSans, Arial, sans-serif; font-size: 17.6px; white-space-collapse: collapse; box-sizing: border-box; border: 0px solid rgb(229, 231, 235); --tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; --tw-rotate: 0; --tw-skew-x: 0; --tw-skew-y: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-pan-x: ; --tw-pan-y: ; --tw-pinch-zoom: ; --tw-scroll-snap-strictness: proximity; --tw-gradient-from-position: ; --tw-gradient-via-position: ; --tw-gradient-to-position: ; --tw-ordinal: ; --tw-slashed-zero: ; --tw-numeric-figure: ; --tw-numeric-spacing: ; --tw-numeric-fraction: ; --tw-ring-inset: ; --tw-ring-offset-width: 0px; --tw-ring-offset-color: #fff; --tw-ring-color: rgba(59,130,246,.5); --tw-ring-offset-shadow: 0 0 #0000; --tw-ring-shadow: 0 0 #0000; --tw-shadow: 0 0 #0000; --tw-shadow-colored: 0 0 #0000; --tw-blur: ; --tw-brightness: ; --tw-contrast: ; --tw-grayscale: ; --tw-hue-rotate: ; --tw-invert: ; --tw-saturate: ; --tw-sepia: ; --tw-drop-shadow: ; --tw-backdrop-blur: ; --tw-backdrop-brightness: ; --tw-backdrop-contrast: ; --tw-backdrop-grayscale: ; --tw-backdrop-hue-rotate: ; --tw-backdrop-invert: ; --tw-backdrop-opacity: ; --tw-backdrop-saturate: ; --tw-backdrop-sepia: ; --tw-contain-size: ; --tw-contain-layout: ; --tw-contain-paint: ; --tw-contain-style: ;">Check out more of Benzinga's Future Of Mobility coverage by&nbsp;<a style="box-sizing: border-box; border: 0px solid rgb(229, 231, 235); --tw-border-spacing-x: 0; --tw-border-spacing-y: 0; --tw-translate-x: 0; --tw-translate-y: 0; --tw-rotate: 0; --tw-skew-x: 0; --tw-skew-y: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-pan-x: ; --tw-pan-y: ; --tw-pinch-zoom: ; --tw-scroll-snap-strictness: proximity; --tw-gradient-from-position: ; --tw-gradient-via-position: ; --tw-gradient-to-position: ; --tw-ordinal: ; --tw-slashed-zero: ; --tw-numeric-figure: ; --tw-numeric-spacing: ; --tw-numeric-fraction: ; --tw-ring-inset: ; --tw-ring-offset-width: 0px; --tw-ring-offset-color: #fff; --tw-ring-color: rgba(59,130,246,.5); --tw-ring-offset-shadow: 0 0 #0000; --tw-ring-shadow: 0 0 #0000; --tw-shadow: 0 0 #0000; --tw-shadow-colored: 0 0 #0000; --tw-blur: ; --tw-brightness: ; --tw-contrast: ; --tw-grayscale: ; --tw-hue-rotate: ; --tw-invert: ; --tw-saturate: ; --tw-sepia: ; --tw-drop-shadow: ; --tw-backdrop-blur: ; --tw-backdrop-brightness: ; --tw-backdrop-contrast: ; --tw-backdrop-grayscale: ; --tw-backdrop-hue-rotate: ; --tw-backdrop-invert: ; --tw-backdrop-opacity: ; --tw-backdrop-saturate: ; --tw-backdrop-sepia: ; --tw-contain-size: ; --tw-contain-layout: ; --tw-contain-paint: ; --tw-contain-style: ; color: rgb(44, 162, 209); text-decoration: inherit;" href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/01/42966137/biden-admin-brushed-off-teslas-100m-big-rig-charging-funding-application-says-report-elon-musk-sighs">Biden Admin Brushes Off Tesla&#8217;s $100M Big-Rig Charging Funding Application, Says Report: Elon Musk Sighs</a></li>
</ul>
Photo courtesy: Shutterstock

Tech

DTGHF

Amazon Orders Over 200 Electric Heavy Trucks From Daimler For Deploying In Europe

Eisai Co., Ltd. (Headquarters: Tokyo, CEO: Haruo Naito, "Eisai") and Biogen Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIIB#NASDAQ">BIIB</a>, Corporate headquarters: Cambridge, Massachusetts, CEO: Christopher A. Viehbacher, "Biogen"))) announced today that the U.S. Food and Drug Administration (FDA) has accepted Eisai's Biologics License Application (BLA) for lecanemab-irmb (U.S. brand name: LEQEMBI&#xAE;) subcutaneous autoinjector (SC-AI) for weekly maintenance dosing. LEQEMBI is indicated for the treatment of Alzheimer's disease (AD) in patients with Mild Cognitive Impairment (MCI) or mild dementia stage of disease (collectively referred to as early AD). A Prescription Drug User Fee Act (PDUFA) action date is set for August 31, 2025.

BIIB

ESAIY

Reported Earlier, Eisai And Biogen Announced FDA Acceptance Of LEQEMBI BLA For Weekly Subcutaneous Dosing To Treat Early Alzheimer's Disease

<ul>
<li>2024 preliminary unaudited revenue in the range of approximately $1.355 billion - $1.357 billion, up approximately 7.7% - 7.9% year-over-year</li>
<li>2024 preliminary constant currency revenue&#x2A; increased in the range of approximately 8.4% - 8.6% year over year</li>
<li>2024 financial results and 2025 guidance to be released February 25, 2025</li>
</ul>

MMSI

Reported Earlier, Merit Medical Announces Preliminary 2024 Revenue Of $1.355B–$1.357B, A Rise Of 7.7%–7.9% YoY

A dozen financial firms, including industry leaders Blackstone Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BX#NYSE">BX</a>) and KKR &amp; Co Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KKR#NYSE">KKR</a>), have reached a settlement with the Securities and Exchange Commission (SEC) over recordkeeping violations. The settlement, totaling $63.1 million, addresses allegations of improper communication practices.
What Happened: The SEC accused these firms of utilizing unauthorized communication methods, referred to as off-channel communications, to exchange messages that were required to be preserved under securities laws. These recordkeeping lapses reportedly involved personnel at various levels, including supervisors and senior managers, The Wall Street Journal <a href="https://www.wsj.com/articles/sec-reaches-63-million-settlement-with-12-firms-over-recordkeeping-9805d111">reported</a> on Tuesday.
As part of the settlement, Blackstone will pay $12 million, while KKR will contribute $11 million. 
A spokesperson for Blackstone expressed satisfaction with the resolution, stating, &#8220;We have already taken significant steps to further strengthen our electronic communications procedures—including before the start of this inquiry—and are committed to the highest standard of compliance.&#8221; 
Why It Matters: This settlement follows a similar action by the SEC last year, where major rating agencies, including Moody&#8217;s Corp., S&amp;P Global, and Fitch Ratings, were fined over $49 million for <a href="https://www.benzinga.com/government/24/09/40704761/moodys-s-p-global-fitch-among-major-rating-agencies-hit-with-49m-sec-fine-over-record-keeping-failur">comparable recordkeeping failures</a>. The SEC&#8217;s actions underscore its ongoing efforts to enforce compliance with federal securities laws, particularly concerning the preservation of electronic communications. 
Read Also: 
<ul>
<li><a href="https://www.benzinga.com/news/earnings/25/01/42808796/foxconn-posts-record-revenue-rides-high-on-ai-server-demand-and-nvidia-partnership">Apple Supplier Foxconn Posts Record Revenue, Rides High On AI Server Demand And Nvidia Partnership</a></li>
</ul>
Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Image via Shutterstock

Markets

General

Blackstone, KKR Among 12 Firms To Pay $63 Million To SEC After Recordkeeping Violations

<ul>
<li>Independent Data Safety Monitoring Board (DSMB) recommends study to proceed without modifications based on initial safety assessment of 400 participant 30-day data</li>
<li>The company plans to progress the trial to enrollment of 10,000 participants, upon favorable review from the U.S. Food and Drug Administration (FDA) and upon Biomedical Advanced Research and Development Authority (BARDA) approval</li>
</ul>

VXRT

Reported Earlier, Vaxart's Phase 2b COVID-19 Trial Receives DSMB Green Light, Expanding Testing To 10,000 Participants

On Monday, Cathie Wood-led Ark Invest made significant trades in five major companies: Palantir Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>), Tempus AI Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TEM#NASDAQ">TEM</a>), CareDx Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CDNA#NASDAQ">CDNA</a>), Veracyte Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VCYT#NASDAQ">VCYT</a>), Adaptive Biotechnologies Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADPT#NASDAQ">ADPT</a>).
The PLTR Trade
Ark Invest&#8217;s Ark Innovation ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKK#NYSE">ARKK</a>) fund sold 140,518 shares of Palantir. This move is significant, considering Ark Invest&#8217;s&nbsp;<a href="https://www.benzinga.com/25/01/42865484/cathie-woods-tuesday-double-dump-ark-invest-trims-both-palantir-and-bitcoin-etf-holdings">recent trend of offloading Palantir shares</a>.
The total value of this trade, based on the latest closing price of $64.98, is approximately $9.1 million.
This sale follows Ark&#8217;s disposal of shares worth roughly $15 million the previous week.
Palantir stock price has fallen more than 14% over the past month. In just the first two weeks of 2025, the stock has declined nearly 15%.
The TEM Trade
Ark Invest&#8217;s ARK Genomic Revolution ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKG#BATS">ARKG</a>) and ARKK funds made substantial purchases of Tempus AI Inc. shares. The ARKG fund bought 98,691 shares, while the ARKK fund purchased a whopping 280,192 shares.
Given the latest closing price of $32.34, the total value of these trades amounts to approximately $12.2 million.
This move comes amid TEM&#8217;s 13.81% drop on Monday.
Other Key Trades:
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Company</td>
<td>ETF</td>
<td>Transaction</td>
<td>No. Of Shares</td>
<td>Closing price</td>
<td>Approx. Value</td>
</tr>
<tr>
<td>Veracyte Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VCYT#NASDAQ">VCYT</a>)</td>
<td>ARK Genomic Revolution</td>
<td>Sale</td>
<td>37,358</td>
<td>$42.78</td>
<td>$1.6 million</td>
</tr>
<tr>
<td>Adaptive Biotechnologies Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADPT#NASDAQ">ADPT</a>)</td>
<td>ARK Genomic Revolution</td>
<td>Sale</td>
<td>76,522</td>
<td>$6.46</td>
<td>$494,332</td>
</tr>
<tr>
<td>CareDx Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CDNA#NASDAQ">CDNA</a>)</td>
<td>ARK Genomic Revolution</td>
<td>Sale</td>
<td>65,550</td>
<td>$25.07</td>
<td>$1.6 million</td>
</tr>
</tbody>
</table>
</figure>
Closing price as of Jan. 13, 2025
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/01/42931941/mark-zuckerberg-critiques-culturally-neutered-companies-advocates-for-masculine-energy-as-meta-cuts-dei-programs-post-joe-rogan-appearance">Mark Zuckerberg Critiques &#8216;Culturally Neutered&#8217; Companies, Advocates For &#8216;Masculine Energy&#8217; As Meta Cuts DEI Programs Post-Joe Rogan Appearance</a></li>
</ul>
Image via Benzinga YouTube and Unsplash
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/Rounak-Jain" target="_blank" rel="noreferrer noopener">Rounak Jain</a>

Equities

ETFs

ADPT

ARKG

ARKK

CDNA

PLTR

VCYT

Cathie Wood's Ark Invest Trims Palantir Again As Peter Thiel Co-Founded Firm's Stock Tumbles Nearly 15% In 2025

Aims to leverage cloud computing and generative AI, and to help reduce data center carbon footprints

MIELY

Reported Earlier, Mitsubishi Electric And AWS Forge Strategic Partnership To Advance Cloud, AI, And Sustainability Goals

Eighth-generation IGBT chips help to minimize power loss in renewable-energy power-supply systems

Reported Earlier, Mitsubishi Electric To Begin Shipping LV100 1.2-Kv IGBT Module For Industrial Use

— Indication expands to include treatment-naïve patients&nbsp;—
— The 2021 conditional approval in previously treated patients converted to full approval —

Reported Earlier, HUTCHMED Secures Full NMPA Approval For ORPATHYS In China To Treat Advanced MET Exon 14 NSCLC

FRHC

Reported Earlier, Freedom Holding Announces Expansion Into Turkey With New Brokerage License Approval

<ul>
<li>Strong first year as standalone company; global leader Sandoz uniquely positioned in attractive and growing USD 200 billion market for generics and biosimilars</li>
<li>Leading in home market Europe, which represents half of total sales; strategically positioning company to become #1 in biosimilars in US, with three US launches expected in 2025</li>
<li>Ambitious GLP-1 strategy in place, addressing each opportunity with mix of internal capabilities and external partnerships</li>
<li>Industry-leading pipeline for rapidly-growing biosimilar segment now comprises 28 molecules</li>
<li>Strongly positioned to capitalize on unprecedented global market opportunity, with reference medicines worth more than USD 400 billion in sales due to lose exclusivity from 2029 onwards</li>
</ul>

SDZNY

Reported Earlier, Sandoz Highlights Ambitious Roadmap For Biosimilar Leadership And GLP-1 Expansion At J.P. Morgan Healthcare Event

While NVIDIA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) CEO Jensen Huang has stated that practical quantum computing is likely two decades away, the company is not waiting to invest in its future. In a strategic move, Nvidia is actively hiring for roles that will bolster its quantum computing capabilities, indicating a long-term commitment to integrating quantum and <a href="https://www.benzinga.com/markets/equities/25/01/42867168/nvidias-jensen-huang-said-something-that-has-all-quantum-computing-stocks-tumbling-qubt-and-rgti-down-13-ionq-down-11">classical computing systems</a>.
What Happened: Huang, speaking at several forums including the recent CES 2025 keynote, has set a timeline of 15 to 30 years for &#8220;very useful&#8221; quantum computers, with a consensus within Nvidia leaning towards a 20-year horizon.
Despite this, Nvidia is already laying the groundwork for this hybrid future, as evidenced by job listings for positions like Director of Product Management for Climate and Weather and Senior Quantum Error Correction Research Scientist, according to Nvidia&#8217;s <a href="https://nvidia.wd5.myworkdayjobs.com/en-US/NVIDIAExternalCareerSite/jobs?q=quantum">hiring</a> page. 
These roles focus on immediate applications such as weather forecasting with Nvidia&#8217;s Earth-2 digital twin and foundational quantum research in error correction and algorithm development.
See Also: <a href="https://www.benzinga.com/25/01/42966137/biden-admin-brushed-off-teslas-100m-big-rig-charging-funding-application-says-report-elon-musk-sighs">Biden Admin Brushes Off Tesla&#8217;s $100M Big-Rig Charging Funding Application, Says Report: Elon Musk Sighs</a>
Why It Matters: The investment in quantum talent comes at a time when the quantum computing industry faces skepticism, as seen with the recent decline in quantum computing stocks post-Huang&#8217;s comments. IonQ Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IONQ#NYSE">IONQ</a>), Quantum Computing Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QUBT#NASDAQ">QUBT</a>), and Rigetti Computing Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGTI#NASDAQ">RGTI</a>) all experienced significant drops, reflecting investor caution. 
However, some industry leaders, like D-Wave CEO Alan Baratz, argue quantum applications are already commercially viable in <a href="https://www.benzinga.com/25/01/42892470/jensen-huang-is-dead-wrong-about-quantum-computing-d-wave-ceo-fires-back-at-nvidia-boss-happy-to-meet-with-jensen-any-time-any-place-to-help-fill-in-these-gaps">areas like financial modeling</a>.
Mark Zuckerberg, CEO of Meta Platforms Inc., echoed Huang's cautious optimism during an appearance on Joe Rogan's podcast, stating, "Quantum computing is still quite a ways off from being a truly practical paradigm." While admitting his limited expertise, Zuckerberg agreed with the industry consensus on the decade-long <a href="https://www.benzinga.com/markets/equities/25/01/42936751/mark-zuckerberg-backs-nvidia-ceo-jensen-huangs-view-on-quantum-computing-its-still-quite-a-ways-off">timeline for practical adoption</a>.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/equities/25/01/42966025/softbank-backed-arm-plans-major-price-hike-apple-qualcomm-supplier-explores-chip-development">SoftBank-Backed Arm Plans Major Price Hike: Apple, Qualcomm Supplier Explores Chip Development</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

IONQ

NVDA

QBTS

QUBT

RGTI

Jensen Huang Said Quantum Computing Is 20 Years Away, But Nvidia Bets Big On Strategic Hiring

The XMT rig adapts proven oil and gas technology for the mining sector, enabling faster, safer, and more sustainable drilling. This patented hybrid drilling system builds on the success of an earlier prototype developed by the XMT team, offering a revolutionary approach to identifying critical minerals. By improving drilling speed, core recovery, and producing anticipated high-fidelity drill chips, the XMT rig is designed to deliver a versatile and efficient solution that surpasses conventional methods.
The XMT Series-A funding of $11M will drive the development and field deployment of the first hybrid rig at Santa Cruz.

Reported Earlier, XtremeX To Launch Revolutionary Drilling Rig With Ivanhoe Electric After $11M Funding Led By GoGreen Partners

Empowering women and girls worldwide to dream beyond boundaries is the heart of e.l.f.'s next episode of ‘Show Your(s)e.l.f.' featuring Nguyen's inspiring journey

e.l.f. Beauty Partners With Amanda Nguyen To Inspire Women And Girls Through Empowerment And Advocacy

INDA

India Wholesale Price Index Inflation (YoY) For December 2.37% Vs. 230% Est.; 1.89% Prior

Biden administration reportedly brushed off Tesla Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) application for about $100 million to fund a big-rig charging corridor, to the exasperation of the EV giant&#8217;s CEO Elon Musk.
What Happened: TechCrunch <a href="https://techcrunch.com/2025/01/13/biden-admin-snubs-teslas-100-million-big-rig-charging-funding-request-again/">reported</a> on Monday that Tesla had applied for funding for a big-rig charging corridor project. The information was confirmed by its project partner California's South Coast Air Quality Management District. 
However, Tesla was not named in the list of 49 applicants to whom the Department of Transportation (DOT) gave over $635 million in funding on Friday to build EV charging infrastructure. 
Tesla first requested funding in 2023 from the Charging and Fueling Infrastructure program to build nine semi-truck charging stations between its former headquarters in California to the southern border of Texas, officially called <a href="https://www.benzinga.com/news/23/08/33495327/tesla-seeks-100m-for-semi-charging-route-between-california-and-texas">Project TESSERACT</a>. However, the department chose other applicants over Tesla even then. 
CEO Responds: Musk responded to the news on social media platform X with a brief, &#8220;Sigh.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Sigh
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1878902938640515082?ref_src=twsrc%5Etfw">January 13, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: The status of the big rig charging corridor is unclear. Tesla did not immediately respond to Benzinga&#8216;s request for comment. 
Tesla has its own fast charging network. Earlier this month, the company said that it opened over 11,000 supercharger stalls in 2024, taking the total number of superchargers to over 65,000.
The growth of Tesla's supercharger network was in question after the company announced&nbsp;layoffs of at least 10% of its global workforce in April. The layoffs impacted&nbsp;<a href="https://www.benzinga.com/news/24/05/38846223/elon-musk-fired-supercharger-chief-rebecca-tinucci-and-her-entire-team-after-she-refused-to-lay-off" target="_blank" rel="noreferrer noopener">500 members of the supercharging team</a>&nbsp;and&nbsp;Rebecca Tinucci, Tesla's then Senior Director of Charging Infrastructure, left the company.
During Tesla's annual shareholder meeting in June, Musk, however, slammed rumors of the <a href="https://www.benzinga.com/news/24/05/38757383/elon-musk-announces-500m-investment-in-teslas-supercharger-network-expansion-in-2024" target="_blank" rel="noreferrer noopener">death of the supercharger network </a>as "greatly exaggerated."
"Our supercharger network is continuing to grow," Musk said while adding the company will invest $500 million into expanding the network in 2024. 
Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/general/space/25/01/42937833/elon-musks-spacex-delays-starship-7th-test-flight-to-wednesday" target="_blank" rel="noreferrer noopener">Elon Musk's SpaceX Delays Starship 7th Test Flight To Wednesday</a></li>
</ul>
Photo courtesy: Shutterstock

TSLA

Biden Admin Brushes Off Tesla's $100M Big-Rig Charging Funding Application, Says Report: Elon Musk Sighs

Reported Earlier, Australia Building Approvals (MoM) For November -3.6% Vs. -3.6% Est.; 5.2% (Revised) Prior

BBJP

WisdomTree Trust Japan Total Dividend Fund

Reported Earlier, Japan Current Account n.s.a. For November 3.353T Vs. 2.691T Est.; 2.457T Prior

Cannara Biotech, Inc. (TSE:LOVE) has released an update. Cannara Biotech Inc. has reported a significant increase in financial results for Q2 2024,...

Cannara Biotech Boasts Strong Q2 Growth

Cannara Biotech reports Q2 results

Cannara Biotech (TSE:LOVE) has released an update. Cannara Biotech Inc. has reported a significant increase in net revenues to $19.5 million for Q3...

Cannara Biotech's Revenue Soars in Q3 2024

Cannara Biotech GAAP EPS of C$0.02, revenue of C$19.5M

Cannara Biotech (TSE:LOVE) has released an update. Cannara Biotech Inc. has reached a new pinnacle by achieving a record national market share of 3...

Cannara Biotech Hits Record Market Share in July

Reports Q4 revenue C$23.4M vs. C$18.3M last year. "Fiscal 2024 was a transformative year for Cannara, showcasing the resilience of our business mod...

Cannara Biotech reports Q4 EPS C$0.06 vs. C$0.05 last year

Cannara Biotech (TSE:LOVE) has released an update. Cannara Biotech Inc. has reported record-breaking sales growth and operating cash flow for fisca...

Cannara Biotech Reports Record Growth in 2024

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Cannara Biotech (TSE:LOVE) has released an update. Cannara Biotech is set to engage investors with a webcast presentation on December 19, 2024, whe...

Cannara Biotech Hosts Investor Webcast in December

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Press Releases

Cannara Biotech Announces Record-Breaking Q1 2024 Results: Continued Robust Growth and Market Expansion

Cannara Biotech Q1 Results: Revenue, Net Income And Market Share Up, Quarter Also Marks Company's First Export Sale

Cannara Biotech CFO Nicholas Sosiak: Unveiling Success Strategies and Future Plans

Cannara Biotech Reports Q2 2024 Financial Results

Cannara Biotech Reports Q3 2024 Financial Results

Cannara Biotech Achieves its Highest National Market Share of 3.2% in July 2024 and Announces Investor Webcast Scheduled for August 20, 2024

Cannara Biotech Inc. Reports Q4 and Fiscal Year 2024 Results: Achieves Record Sales Growth and Operating Cash Flow, Solidifying Leadership in Canada's Cannabis Market

Cannara Biotech to Host Investor Webcast on Thursday December 19th, 2024

Cannara Provides Update on Its 2024 Annual General Meeting Materials amid Canada Post Strike

TSXV:LOVE

Cannara Biotech

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BENZINGA MONDIAL