Tesla stock tumbles 17% after coronavirus hits China factory and delays Model 3 deliveries
• Daily Mail...but company is still worth more than Big Three automakers combined
ON AIR NOW
Click to Play
...but company is still worth more than Big Three automakers combined
Following yesterday's record 17% drop, Tesla shares are down again in pre-market trading on Thursday after the company announced it is temporarily closing stores in mainland China as of February 2.
The tooling costs for it are probably just a fraction of what they would be for a regular truck.
The innovative electric pickup truck would be the perfect fit for the new plant.
Eight months after it seemed headed for the corporate junkyard, Tesla is now worth more than General Motors, Ford and Fiat Chrysler combined, even though the Big Three together sell more cars and trucks in two weeks than Tesla does in a whole year.
Astra, Darpa's rocket startup of choice, is preparing to launch satellites into orbit in record time
Data firms offer numbers that Disney and Netflix won't
How does a famous billionaire investor like Warren Buffet and a massive corporate entity like Progressive Insurance get caught up in a ponzi scheme? Just attach the words "Solar Power" to it.
Tesla CEO said in the Q4 2019 earnings call the truck is better than people realize.
Tesla CEO said in the Q4 2019 earnings call the truck is better than people realize.
There were loads of juicy tidbits in the recent Tesla earnings call.
The finely-tuned global supply chain built by corporate Technocrats is being disrupted by the Black Swan event of the deadly Wuhan virus in China. The shock of economic standstill, lack of travel, missed deadlines, etc., could provide a "Lehman mom
Often when we think of the word psychopath, we think of deranged serial killers that are hopefully locked up in prison for life.
After November's big downside surprise in Durable Goods Orders, analysts hoped for a modest rebound in December but preliminary data showed a huge rebound (up 2.4% MoM vs +0.3% MoM expected).
"RuPaul's Drag Race" alumni Kim Chi and Miz Cracker will appear in an ad for Sabra hummus during Feb. 2's championship football game.
Under the cascading roar of the 24/7 news cycle cum Twitter eruptions, it's easy for most of the West, especially the US, to forget the basics about the interaction of Eurasia with its western peninsula, Europe.
Paddy Hirsch explains why the repurchase (or repo) market is vital part of the financial system, and why the government is considering changes to it.
An Avast antivirus subsidiary sells 'Every search. Every click. Every buy. On every site.' Its clients have included Home Depot, Google, Microsoft, Pepsi, and McKinsey.
On November 21, the Ukrainian business publication Vector published a genuine regional success story: An Amazon research lab in Kyiv, affiliated with the company's Ring home security division, was receiving a "rebrand" makeover and a broader ne
World trade in 2019 expanded at its weakest year since 2009. Significant macroeconomic headwinds started to slow the global economy in late 2017, several quarters before the trade war began.
There are two subjects that the mainstream media seems specifically determined to avoid discussing these days when it comes to the economy:
"He does good at rockets, too," Trump exclaimed.
- triggering payout plan that could be worth billions for CEO Elon Musk
If this works out, we can only hope other states will follow suit.
It's long, so make sure you have plenty of time to take it all in.
The first Tesla Model Y might be delivered before the end of January.
Amazon's investment in an electric delivery fleet across the globe should be a matter of concern for Tesla.
One brand has a wonderful reputation, the other was just declared the worst of America's major airlines. How big is the difference?
Amazon has transformed online shopping by making the delivery process fast, cheap and relatively painless for consumers.
EXCLUSIVE: Moving Kanye West's Adidas Yeezys HQ to Wyoming could save him $15M in taxes as he vows to bring jobs back to US, but could spell disaster for $3-a-day 'sweatshop workers' in Asia, charity group warns