NKT secures Link 3 as Tesla jumps on Musk’s buy - Sep 15, 2025

As of September 15, today’s news features relevant updates in the energy and technology sectors, particularly focusing on NKT and Tesla. NKT confirmed as the preferred bidder for the offshore high-voltage direct current interconnector, Eastern Green Link 3, by the joint venture between SSEN Transmission and National Grid Electricity Transmission. The parties are now proceeding with negotiations with the intention to enter a firm contract. Meanwhile, Tesla shares jumped 6% in early trading today after CEO Elon Musk disclosed his purchase of about 1 billion dollars worth of the electric vehicle-maker's stock, in the latest vote of confidence from the billionaire in the company's future. The stock purchase - Musk's first open-market buy since early 2020 - comes at a critical time for Tesla, as it races to hit its ambitious goals of transforming into an AI and robotics powerhouse while grappling with slowing car sales. On the market front, Apple CEO Tim Cook reiterated the company's significant 2.5 billion dollars investment in Corning's glass factory in Kentucky. This investment aims at producing all glass for iPhones and Apple Watches at the facility, reflecting a commitment to innovation and quality. In broader industry news, BHP highlighted its growth potential in copper, particularly in Argentina, as it reassured investors of its promising future in the mining sector. The company is focusing on a robust strategy that takes into account recent production delays and aims to tap into the lucrative U.S. market. In energy development, Danish offshore wind giant Orsted announced a heavily discounted share issue to raise 9.42 billion dollars to fund U.S. projects, particularly in light of delays and challenges faced in the American market. The necessary capital will mostly support the Sunrise Wind project, which has already faced investor pullback. Looking to international relations, China’s market regulator reported findings from a preliminary investigation into Nvidia, citing violations of anti-monopoly laws. This move is seen as responsive to the ongoing tensions between the U.S. and China regarding trade and technology. Israel's Prime Minister has indicated that military actions against Hamas could continue internationally, coinciding with a summit hosted by Qatar with regional leaders in response to recent conflicts.