(Reuters) – Shares of Tesla Inc (TSLA.O) fell 11 percent on Thursday and were set to knock off more than $5 billion in the electric carmaker’s market value, a day after it disappointed Wall Street by pushing its profit timeline once again. Analysts also foc…
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How Long-Established Brands are Using Social Media in Crisis Communications
Its a pretty open secret at this point that social media has revolutionized nearly every industry. Some 3.5 billion people around the worlda full 45% of the worlds populationare routine social media users; in some regions, like Eastern Asia and North America,…
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Tesla’s losses narrow after a record-breaking quarter of car deliveries
That said, the loss was hardly unexpected: In its first-quarter update, Tesla made it clear that while the company should become cash-flow positive later this year, short-term losses were inevitable. Bear in mind, the company said that just after it posted a …
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Tesla Posts Record Deliveries in Q2 2019, But Still Lost $408 Million
Electric car giant Tesla had its stock plunge over 10 percent in after-hours trading after posting a $408 million loss in Q2 2019despite shipping record numbers of cars, CNBC reported on Wednesday. The company produced about 87,000 cars in the quarter and sh…
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Tesla stock tanks after company’s larger quarterly loss, sales miss
Tesla Inc. shares fell more than 6% late Wednesday after the Silicon Valley car maker reported second-quarter results that missed Wall Street expectations. Tesla TSLA, +1.81% said it lost $408 million, or $2.31 a share, compared with a loss of $718 milli…
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