Tesla‘s future is a hotly debated topic. And even more so after Elon Musk’s recent outbursts on Twitter and headlines that the electric car company is asking suppliers for refunds.
Tag: Tesla
Here’s what Tesla needs to do to convince investors it’s financially stable: Analysts
Tesla’s stock fell 3.3 percent Monday after it was reported that the electric car company asked suppliers for a refund of a portion of its payment.
UBS predicts Tesla shares will drop 30% in 12 months, says company may need to seek outside capital
Tesla shares will fall significantly because the company will not be profitable in 2019, according to UBS.
Tesla’s limited-edition surfboard sells out in just one day
Tesla has been treading dangerous waters recently, with CEO Elon Musk asking for refunds from some suppliers to help the company turn a profit. Now, to help stay afloat, Tesla turned to new merchandise: limited-edition surfboards. Tesla offered the boards at $1,500 a pop for customers starting Saturday. But with only 200 surfboards available, the… Continue reading Tesla’s limited-edition surfboard sells out in just one
day
Tesla shares drop after carmaker reportedly asks its suppliers for refunds to reach profitability
Tesla is slated to report its June quarter earnings results on Aug. 1. In May, Tesla said it expects positive GAAP net income in its third and fourth quarters. The latest report calls into question the state of Telsa’s financial position. The company lost nearly $2 billion last year and burned about $3.4 billion in… Continue reading Tesla shares drop after carmaker reportedly asks its
suppliers for refunds to reach profitability
UBS predicts Tesla shares will drop 30% in 12 months as company likely to raise capital
Tesla shares will fall significantly because the company will not be profitable in 2019, according to UBS.
Elon Musk: the volatile visionary at risk of steering Tesla off the road
Elon Musk Electric car firm has hit trouble, and Musk – who has a knack of making enemies – must explain to investors what is going on Elon Musk with his girlfriend Grimes at the Met Gala in May. On Wednesday Musk must once more explain to investors what is going on at Tesla. Photograph:… Continue reading Elon Musk: the volatile visionary at risk of steering Tesla off the road
Look inside the new headquarters of self-driving car company Zoox in Foster City
Jul 26, 2018, 6:26am PDT Self-driving car company Zoox is on a growth streak in more than one sense, landing $500 million in new funding and moving into a new Foster City headquarters this year. Zoox’s $500 million funding round brought its valuation to $3.2 billion. The money will help fuel Zoox’s focus on building… Continue reading Look inside the new headquarters of self-driving car company Zoox in Foster City
Tesla explains why it asked some suppliers for retroactive discounts
Tesla has responded to a report in the Wall Street Journal Sunday that the company asked a supplier last week to return a “meaningful amount of money of its payments since 2016.”
Magna-BAIC deal raises prospects for an ‘automotive Foxconn’ in China
July 23, 2018 In China, where the future of the car is looking more and more electric, newcomers to the auto industry are looking for partners to help them build their vehicles. Enter Canadian auto supplier Magna International which aims to spearhead a shift to contract vehicle manufacturing through its new partnership with state-owned Chinese… Continue reading Magna-BAIC deal raises prospects for an ‘automotive Foxconn’ in China