The Trump administration’s tariffs might hurt the car and truck industry more than help, auto industry veteran Jim Press told CNBC.
Author: CNBC Online news
Tariff hikes could be ‘real shock to the system’ for the thriving US auto industry, CEO says
Potential tariffs are the greatest threat to the auto industry in the U.S., the CEO of a Washington-based automobile trade association told CNBC on Wednesday.
Tesla stopped a ‘brake and roll’ test as it pushed to hit Model 3 goals
As it pushed to hit its electric vehicle production targets for the quarter, Tesla decided to skip “brake-and-roll” testing for its Model 3 sedans in its Fremont factory.
Goldman reiterates sell on Tesla and expects Model 3 deliveries to miss estimates
Elon Musk: Doubters of Model 3 delivery number are in for a ‘rude awakening’
Tesla test driver says next Roadster will be ‘proper weapon,’ Musk’s speed claims are ‘conservative’
Tesla CEO Elon Musk elicited quite a bit of skepticism when he boasted in June 2017 that the electric automaker’s next-generation Roadster would be able to accelerate from zero to 60 miles per hour in under two seconds — a feat that Musk said would make the vehicle the “fastest production car ever.”
Tesla still isn’t profitable 8 years after its IPO. But, it hasn’t been alone.
Since it went public eight years ago, Tesla’s share price has risen nearly 2,000 percent.
Tesla second-quarter production totaled 53,339 vehicles, a 55% increase
Tesla met a closely watched goal for production, however it fell short on deliveries during the second quarter.
Hedge fund manager betting against Tesla gets box of short shorts from Elon Musk: ‘He is a man of his word!’
It’s unclear when Musk sent the shorts to Einhorn but, in the past week, the Tesla chief executive has found himself embroiled in a controversial move to take his auto company off public markets. Since telling his followers he has “funding secured” for the deal, the U.S. Securities and Exchange Commission has requested more information… Continue reading Hedge fund manager betting against Tesla gets box of short
shorts from Elon Musk: ‘He is a man of his word!’
Hedge fund manager betting against Elon Musk gets box of short shorts
Greenlight Capital president David Einhorn tweeted Friday he got the pairs of short shorts that fellow billionaire Elon Musk promised him last week.