Losses at Sir Philip Greens Topshop and Topman chains rose to more than half-a-billion pounds last year after sales tumbled. The fashion chains reported pre-tax losses of £505.1m for the year to September 2018, according to new Companies House filings. The p…
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Month: September 2019
Tesla’s (TSLA) Gigafactory Is Impressive, But Its Stock Isn’t, Says RBC Capital
Is Teslas (TSLA) Gigafactory the key to its success? It depends who you ask. Tesla relies on its Gigafactory to supply the batteries necessary to power its electric cars, and though Gigafactory 1 in Nevada is only 30% complete, it is already the highest-volu…
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Has Tesla Met Its Match at the German Auto Show?
Teslas TSLA impressive lineup of electric vehicles (EVs) is built from the ground up, which means the company has had a longer learning cycle. It follows then that there arent any standby parts from a regular business that can quickly fill gaps in the supply …
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Tesla Banned from ‘Safest Cars’ List for the Stupidest Reason
If Tesla wants to be considered one of the safest car-makers on the road, they need to crash more. Folksam, a Swedish insurance company, released their annual study on the safest cars in their country, and the electric car company was notably omitted. Appar…
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Tesla Channels Elon Musk in Not-so-Humble Model S Brag
Elon Musk gushed that a prototype for the Tesla “Plaid Model S” broke the speed record for a four-door sedan at the Laguna Seca racetrack in California. Musk excitedly shared the news on Twitter. He noted that the Plaid Model S would be more expensive than o…
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