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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 (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 another east of Reno, Nevada where a massive factory is being developed in multiple phases. Tesla does not have major corporate offices elsewhere in the United States.
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.
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 firstname.lastname@example.orgTo contact the editors responsible for this story: David Glovin at email@example.com, 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.
Boeing Co., Tesla Inc. and Microsoft Corp. headline an action-packed slate of Wednesday earnings. The aerospace giant will have to face investors Wednesday morning amid a new raft of controversy around the troubled 737 Max jets. Last week, reports surfaced indicating that Boeing (BA) misled regulators about the jets’ safety years before they were involved in two deadly crashes.
Tesla and BYD are in a race to dominate the global EV market and, with Musk and Buffett backing their respective companies, this billionaire battle won’t slow down any time soon
The car company that is driving the electric vehicle revolution is preparing to report its earnings after the bell Wednesday, October 23rd.
When Tesla Inc (NASDAQ: TSLA) reports earnings Wednesday after the bell, investors will likely continue to look for clues about whether the electric vehicle maker will be able to meet its full-year vehicle delivery forecast. A projected loss hasn’t stopped TSLA’s shares from rallying ahead of its earnings report—though shares are still down about 25% year-to-date (see figure 1 below). Earlier this month, the car maker said it had record deliveries of approximately 97,000 vehicles in Q3, apparently exciting investors enough to move the stock from a low of around $230 this month to above $250 despite the figure on deliveries – arguably the single biggest metric watched by investors – being short of analysts estimates.
On October 9, PG&E; cut power to 800,000 Californians as a precaution against wildfires. Elon Musk's tweet highlighted the Tesla Powerwall as an alternative.