|Day's Range||97.45 - 97.45|
Looks like we can look forward to an episode of “Jay Leno’s Garage” featuring the Tesla Cybertruck, based on footage that showed the former late-night host driving it with Elon Musk riding shotgun, which hit social media over the weekend. Instagram user gorgeouserika uploaded footage of the Cybertruck cruising down Crenshaw Boulevard in Hawthorne, California, not far from the SpaceX headquarters and Tesla Design Center.
The United States Attorney for the Southern District of New York Geoffrey Berman on Monday said that both his office and the Federal Bureau of Investigation reached out to the royal's lawyers, but to no avail. "I think in that context, it's fair for people to know whether Prince Andrew has followed through with that public commitment," Berman told reporters outside Epstein's former residence, as reported by the Wall Street Journal.
The stock market fell sharply early Monday but recovered some lost ground as concerns about the Chinese coronavirus hit markets around the world.
The S&P 500 could see a pullback of as much as 5%—and it won’t be because of the coronavirus or rising tensions with Iran, a market strategist warns.
(Bloomberg) -- The pickup truck market that has gone years without an electric entrant may have another competitor join the fray: Karma Automotive, the Chinese-owned carmaker once known as Fisker.Karma plans to show an electric pickup concept toward the end of this year, signaling plans to take on models teased by Tesla Inc., buzzy upstart Rivian Automotive Inc. and gas-guzzling truck giants Ford Motor Co. and General Motors Co.Karma plans to base the pickup off a new all-wheel-drive platform that will go into production at its factory in southern California, according to Kevin Pavlov, who became chief operations officer this month. It will be priced below its gasoline-electric luxury sedan, the Revero, which starts at $135,000. The architecture also will be used for a high-end sport utility vehicle.With taxpayer-funded and then failed Fisker as part of its lineage, Karma will face credibility issues until it starts producing and selling vehicles in serious numbers. But Pavlov, who used to lead the e-car unit at auto supplier Magna International Inc., believes the company will be able to stand out in what could soon be a more crowded field of electric models built with the body styles Americans are actually buying, instead of sedans.“We can bring a utility vehicle into the market and be differentiated,” he said.The coming months will be busy both for the electric SUV and pickup segments. Tesla’s Model Y and Ford’s Mustang Mach-E will pile in behind the likes of the Model X, Audi’s e-tron and Jaguar’s I-Pace. Amazon.com Inc.-backed Rivian intends to start selling its R1S SUV and R1T pickup late this year, with the latter model facing competition on somewhat uncertain time frames from Tesla’s Cybertruck and electric models from Ford and GM.Pavlov, who led development of Ford’s battery-powered Focus compact car before working at Magna, is only the latest executive tasked with trying to revive the reincarnation of Fisker. Chinese auto-parts maker Wanxiang Group bought the company out of bankruptcy in 2014 and provided the financial backing to restart the business as Karma, the name of its plug-in sports sedan that was bought by the likes of Justin Bieber and Leonardo DiCaprio.Karma sold about 1,000 units of the Revero last year and launched a higher-performance GT version in November. Pavlov, who oversees product and business strategy, said the company also plans to try licensing its electric and self-driving technology to other carmakers, which may boost stability through the ups and downs of selling luxury vehicles.\--With assistance from Jeff Green.To contact the reporter on this story: Gabrielle Coppola in New York at email@example.comTo contact the editors responsible for this story: Craig Trudell at firstname.lastname@example.org, Cécile DauratFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
A recent survey by Blind asked two questions: “In 2019, how much growth do you think you had while working at your organization?” and “Are you happy at your current workplace?”
Tesla CEO Elon Musk told the story again last week on the Third Row Tesla Podcast of how it took about a decade to finally get Silicon Valley engineer Stuart Grossman to sell the rights to Tesla.com. The company had been using TeslaMotors.com, but Musk has always seen it as more than a car company and wanted the basic domain name. "That took us 10 years to buy that Tesla.com domain," Musk said on the podcast.
The major stock indexes were sharply lower early Monday amid a spreading coronavirus. Apple headlines these five giants reporting earnings this week.
It’s also surprising that just when a lot of people thought China would leave the front pages with the trade deal, another China issue starts ganging up on stocks and sending investors back into caution mode. By the way, most Asian markets, including in China, are closed today for the Lunar New Year.
Rise in Tesla's (TSLA) Model 3 delivery is likely to have fueled the company's earnings and automotive revenues in the fourth quarter of 2019.
Livongo Health's chief people officer, Arnnon Geshuri, has been around the block when it comes to human resources, having led HR efforts at companies like Applied Materials, Google and Tesla.
Stock futures plunged as coronavirus fears hit the stock market rally. Apple earnings are on tap this week. So are AMD, Facebook, Microsoft and Tesla earnings
Tesla Inc. stock “already left the orbit,” but, on Earth, here comes the hard part for the Silicon Valley car maker. Tesla (TSLA) is scheduled to report fourth-quarter earnings after the bell on Wednesday, with a conference call with analysts set for 6:30 p.m. Eastern. Investors will zero in on Tesla’s 2020 sales outlook, said Garrett Nelson, an analyst with CFRA.
We have highlighted four red-hot tech stocks positioned to surpass earnings expectations as they gear up to announce their last round of financial results for calendar year 2019.
Tesla's planning documents earlier this month had shown that its Berlin "gigafactory," as the company's plants are known, could need up to 372 cubic meters of water a day, sparking protests in the city.
Tesla Chief Executive Elon Musk sought to allay environmental concerns about the electric carmaker's planned factory in Germany, saying the plant would use less water than was estimated originally. The U.S. company had said in planning documents that the factory would need 372 cubic meters of water from the public drinking water network per hour, sparking protests by local residents earlier this month. Tesla won't use this much net water on a daily basis.
Benzinga has examined the prospects for many investor favorite stocks over the past week. Bearish calls included aerospace and electric vehicle leaders. It was a good week for renowned CEOS Elon Musk and Jamie Dimon, but not so much for Jeff Bezos.
Commerzbank of Germany increased its share holdings in the plant-based burger maker by more than six times in the fourth quarter. The bank also bought up Microsoft stock and sold GE.
Halfway through a dinner at the Trump Hotel, U.S. President Donald Trump can be heard giving the order to remove the U.S ambassador to Ukraine, Marie Yovanovitch, according to a video that surfaced on Saturday. The video, obtained by Reuters from Lev Parnas' attorney Joseph Bondy, begins with Trump posing for photos then entering a room with a table set for 15 including a close-up of the president's place setting. Trump has said he had the right to fire Yovanovitch, a main figure in the series of events that led to his impeachment.