Air New Zealand shares move in the wake of the capital raise; Tesla’s first quarter deliveries below estimates; Perpetual's buying spree is rebuffed by its latest takeover target.

04/04/2022 10 min

Listen "Air New Zealand shares move in the wake of the capital raise; Tesla’s first quarter deliveries below estimates; Perpetual's buying spree is rebuffed by its latest takeover target."

Episode Synopsis

Air New Zealand (AIR) peaks at $1.06 before settling down about 24% at 96c. Tesla (TSLA) delivers 310,048 vehicles in the first quarter, which is up 70% from this time last year. Perpetual (PPT) offers up $2.4 billion AUD which pushes Pendal (PDL)  stock up 24 per cent.
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