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Tesla's Shanghai factory has only been up and producing vehicles for a couple of months. Despite this, Tesla is already putting price cuts into effect for the Model 3s that it is producing there.
It isn't just the automobile industry that, globally, has been mired in recession.
Once a sleepy farming region, Silicon Valley is now the hub of a global industry that is transforming the economy, shaping our political discourse, and changing the very nature of our society.
I took to these pages upon departure because I felt I should immediately clear up mysteries surrounding your firm. I hoped that through these backstories I could provided a small measure of solace to some. Yet the end of a year is a time for reflecti
Ukraine & Russia Ink Landmark Gas Transit Deal, Hammering European Gas Prices
Tesla stock is way up and the company is surging forward. Does this signal a solid year ahead?
In March 2019, major anti-abortion film written and directed by Cary Solomon and Chuck Konzelman was released in the United States by Pure Flix, based on the memoir, Unplanned, by Abby Johnson.
For a while, it looked as though top tier malls may be able to narrowly avoid the ugly fate that was facing most malls around the country in the wake of the Amazon revolution.
Elon Musk is on top of the world, has been able to capitulate shorts and send Tesla's equity price above the $420 per share buyout level, to close at $430.380 on Friday.
The cities and suburbs on the eastern side of San Francisco Bay are home to 2.7 million people, a world-class University of California campus and bedroom communities for Silicon Valley that produce median incomes 50 percent higher than the national a
Poor Bill Gates. He's very much dedicated to philanthropy and giving away all his vast wealth, yet he can't help getting richer every day and is once again the richest person in the world gaining over $22B in personal wealth in just 2019.
The plan also includes eight electric or hybrid vehicles.
It seems as though there is a new Tesla horror story on social media every day.
There will be 5 different models on this platform.
With Tesla stock rising by $200 in three months, and more than doubling from its summer lows to hit a new all time high of $433 and sporting a record market cap of $78 billion, it's time for a quick sanity check.
The way the global economy shifted from globally synchronized growth to globally synchronized downturn was specific: dollar then trade then manufacturing and industry which then spread into other areas.
As the last holiday shopping season of the decade is now in the books, we are getting a clearer picture of how retailers fared during the busiest shopping season of the year.
More than 9,300 retail department stores have shut their doors this year. As 2020 comes at us quickly, most are expecting the retail apocalypse to drag on.
While Apple shares continued their charge higher overnight and into the cash open, they began to slide around 0945ET and the rest of the market followed...
More than 9,300 retail department stores have shut their doors this year. As 2020 comes at us quickly, most are expecting the retail apocalypse to drag on.
90 Percent Of America's Population Doesn't Appreciate The LGBT Agenda Shoved In Their Faces
California gives a green light to companies testing driverless delivery vehicles, including pizza. Hot Pizza, No Driver, Tips Not Necessary
New documents and interviews reveal how time after time, the e-commerce giant put speed, profit, and explosive growth before public safety.
Amazon and Ford are among the investors.
Tesla, which supposedly has lots of cash in the bank and tons of working capital (just ask David Einhorn), is tapping a group of Chinese banks for a relatively small $1.4 billion USD, five year loan, for the company's Shanghai plant.
It get's better: the day's high so far is $420.420, almost as if someone had a rather twisted sense of humor, and a large sell order at that price.
Doing good while doing well proposition does not describe government officials' actions.
In what was not entirely surprising, Boeing CEO Dennis Muilenburg has "resigned" and will be replaced by current Chairman David Calhoun. CNBC's Phill LeBeau has a slightly different take: "This was the decision of the board. .. He was fired."
On Friday, Royal Dutch Shell announced that it would take a $1.7-$2.3 billion write down for the fourth quarter, another financial blow to an industry dealing with oversupply and low prices.
The definitive list of international companies that have issued apologies to maintain their market access in China in recent years. Plus, a record of the even more widespread phenomenon of self-censorship for the Chinese market.
