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U.S. stocks fought for direction after several major corporate bellwethers called out a slowing global growth environment for crimping their quarterly earnings results.
Tesla Inc.’s third-quarter results are a ‘fork-in-the-road moment’ for the company, which still promises profits and sales of nearly half a million vehicles by year-end.
Ford earnings are due late Wednesday, as GM and Fiat Chrysler wait in the wings. Auto parts retailer O'Reilly also reports late.
Social Capital Hedosophia Holdings Corp. to Merge with Virgin Galactic Pending Shareholder Vote By John Jannarone and Oliver Estreich One critical factor in the 1960s Space Race was a need for cash, and the same goes for commercial space travel. Ordinary investors now have a chance to supply such capital to fuel Richard Branson’s Virgin […]
Tesla is due to release its third-quarter earnings today after the markets close. Will Elon Musk answer analysts’ questions about Walmart solar roof fires?
This year has been another disappointment for Tesla Inc (NASDAQ: TSLA ) investors, with the stock down 23.7% year to date. However, Tesla’s struggles have made it the most profitable stock of the year ...
While Harley-Davidson (HOG) and PACCAR (PCAR) deliver a comprehensive beat in the third quarter, Tesla (TSLA) Shanghai Gigafactory in progress.
Tesla CEO Elon Musk expects its self-driving cars to hit the road by 2020. However, Zoox CTO Jesse Levinson believes that Musk could miss this deadline.
Caterpillar Inc. (NYSE: CAT) reported earnings and revenue that both missed Wall Street analysts’ expectations and lowered its full-year earnings guidance. Given its exposure to China, CAT has been considered an indicator for how well things are going in the trade dispute between the United States and the Asian nation, which has been a drag on the global economy. Boeing Co (NYSE: BA) missed on earnings by a pretty substantial margin—adjusted earnings of $1.45 per share versus a consensus estimate of $2.09—but revenue was a bit above forecasts.
Tesla (TSLA) is scheduled to release its third-quarter earnings today after the market close. The stock has been trading with positive momentum.
Tesla Motors Inc. is considering a new regional office in Atlanta that could bring several hundred jobs to the city. Tesla, the electric vehicle maker based in Palo Alto, Calif., has a large office near its factory in Fremont and one east of Reno, Nevada where another massive factory is being developed in multiple phases. Tesla does not have major corporate offices elsewhere in the United States.
Whether billionaire Elon Musk's flagship company can start mass production quickly enough to hit stated targets is the question investors will want an answer to when Tesla announces third-quarter results on Wednesday. Tesla last week obtained the certificate it needs to start manufacturing cars in the country.
Roll up, roll up, for the greatest show on earth. Tomorrow is Tesla’s third-quarter earnings, and Alphaville will be covering it on a live chat. So do pop by if you’ve got nothing better to do with your ...
Washington’s threat to impose levies on cars and car parts has emerged as a huge source of strain in relations with the EU, clouded the outlook for the global economy, and faced resistance among Mr Trump’s closest Republican allies in Congress.
(Bloomberg) -- The futuristic door handles on Tesla Inc.’s Model S are being blamed for a fatal crash in which a police officer was unable to pull a man to safety from his burning car.Omar Awan, a 48-year-old anesthesiologist, was driving his leased Tesla in February when he lost control on a south Florida parkway and the car slammed into a palm tree, according to a wrongful death lawsuit filed in state court in Broward County.A police officer couldn’t open the doors because the handles were retracted and bystanders watched helplessly as the car filled with smoke and flames, according to the complaint, which alleges the fire originated with the car’s battery.The door handles on the Model S are flush with the car and pop out -- “auto-present” in the words of Tesla -- when they detect that the key fob is nearby.“Fire engulfed the car and burned Dr. Awan beyond recognition -- all because the Model S has inaccessible door handles, no other way to open the doors, and an unreasonably dangerous fire risk,” according to the Oct. 10 suit. The complaint lists the cause of death as smoke inhalation and states that Awan had sustained no internal injuries or broken bones in the crash.Read More: What First Responders Don’t Know About Fiery Electric VehiclesTesla didn’t immediately respond to a request for comment.Consumer Reports said in 2015 that broken door handles were one of the most common problems with the Model S.Awan’s Tesla continued to burn for hours, reigniting several times even after firefighters had extinguished the flames and the car had been towed, according to the complaint.This isn’t the only case to fault the Model S’s lithium-ion batteries as flammable. The family of an 18-year-old who lost control of his Tesla at 116 miles per hour and crashed into a concrete wall last year blames an explosion of the battery for his death in an “entirely survivable” crash, according to a suit filed this month in state court in San Jose, California.Awan’s case is Awan v. Tesla Inc., 19-021110, Circuit Court of Broward County, Florida.To contact the reporter on this story: Robert Burnson in San Francisco at email@example.comTo contact the editors responsible for this story: David Glovin at firstname.lastname@example.org, Peter Blumberg, Joe SchneiderFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
As global automakers race to put long-range electric vehicles on highways amid stricter emission laws, Japanese rivals are taking a niche approach and steering towards cheaper, pint-sized runabouts to make costly battery technology more accessible. At the Tokyo Motor Show that starts on Thursday, Toyota Motor, Nissan and others are due to show prototypes of one- and two-seater electric vehicles (EVs) designed for short distances with limited top speeds.