“Our partnership with Tesla is very successful and will be continued,” but it seems the German automaker is more interested in the roughly $780 million it will make from ridding itself of its 4% piece of Tesla. The news isn’t surprising given the Daimler CEO’s bearish attitude (paywall) towards Tesla’s battery “gigafactory”.
Americans are choosing to get their fast food from other restaurants, bringing the Big Mac maker’s net income down to $1.07 billion, from $1.52 billion a year ago. Sales in the US and worldwide are both down 3.3%—investors were expecting a decline of 2.9% and 3%, respectively. The situation in China and Russia isn’t helping.
Estonia will let foreigners become “digital residents.”
For €50 ($64), Estonia will soon let non-Estonians apply for an “e-residency” that gives them a digital identity allowing them do business in the country without actually being there. They’ll still need to visit an Estonian police station to get their biometric data recorded, though that will expand to embassies in late 2015.