All eyes were on the Model Y after Tesla’s latest earnings call. The compact electric SUV based on the “budget-friendly” Model 3 sedan is apparently arriving sooner than expected. During the Wednesday call, Tesla went over production plans for its newest veh…
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Month: January 2020
Coronavirus: Thousands stuck on cruise ship after suspected case
Image copyrightReutersImage caption The Costa Smeralda cruise ship, carrying 6,000 people, is stuck at port near Rome Six thousand people on board a cruise ship in Italy have been barred from disembarking, after a Chinese passenger developed symptoms of co…
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Tesla is on a tear and is now the world’s No. 2 automaker by market capitalization
Sorry, Volkswagen. Tesla is the No. 2 largest automaker by market capitalization last week. Its ever-soaring stock is sealing its place in the top three in the wake of an earnings beat — at least for now. Tesla’s market capitalization, as of January 29, is …
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Tesla spikes 9% after a 2nd straight blockbuster earnings report
Frederic J. Brown/AFP via Getty Images Tesla shares spiked as much as 9% on Thursday after the automaker beat analysts’ fourth-quarter profit and revenue estimates.The company also accelerated its rollout for the Model Y crossover, announcin…
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Elon Musk contradicted a bold claim he made last year about Tesla’s self-driving capabilities (TSLA)
Tesla CEO Elon Musk on Wednesday walked back a prediction he made last February that Autopilot, the electric-car maker’s semi-autonomous driver-assistance feature, would be able to drive without human assistance by the end of 2019. “I think we will be featur…
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