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www.cnbc.com/2019/05/20/wedbush-tesla-facing-code-red-but-management-not-focused-on-model-3.html Tesla is “expanding into insurance, robotaxis, and other sci-fi projects/endeavors when the company instead should be laser focused on shoring up core demand for Model 3,” Wedbush says. Wedbush … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Tesla is steeped in chaos – and chaos is absolutely the opposite what a complex manufacturing, distribution, and retail operation needs. When bonds dive, it’s a … Read more
Elon Musk told Tesla employees the company will run out of cash in about 10 months unless “hardcore” cost-cutting efforts are made, according to an all-staff email obtained by Reutersand Electrek. The … Read more
What is going on with Tesla in China? Global Times (aka the Chinese Communist Party) reports on “Chinese car hailing company demands compensation from Tesla in Times Square, NYC” According … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The surprise in the SEC 10-Q filing when no one was supposed to pay attention. Today, when no one was supposed to pay attention any longer, … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The ruse that helped shares jump 20%. It would be a joke for a small niche automaker, specialized in luxury cars, with a global market share … Read more
Tesla reported a loss of $2.90 per share for Q1, a massive miss from expectations of 69 cents. pic.twitter.com/LsIXclUBUU — CNBC (@CNBC) April 24, 2019 Tesla Q1 2019 Earnings Highlights … Read more
By Tsvetana Paraskova Funds managed by T. Rowe Price, which was until recently the second-largest shareholder in Tesla after Elon Musk, significantly cut their holdings in the electric vehicle (EV) … Read more
via Zerohedge: After an abysmal, for David Einhorn, 2018, “2019 has started off on a good note” for the Greenlight Capital founder. In his just released letter to investors, Einhorn … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Expansion and investment plans frozen, after deliveries of Teslas plunged in Q1. The core of every Tesla is the battery, and the core of the battery … Read more
PALO ALTO, Calif., April 03, 2019 (GLOBE NEWSWIRE) — In the first quarter, we produced approximately 77,100 total vehicles, consisting of 62,950 Model 3 and 14,150 Model S and X. Deliveries were … Read more
Researchers from Keen Labs in China, one of the most widely respected cybersecurity research groups in the world, have successfully hacked a Tesla Model S autopilot system and forced the … Read more
Excerpts: By the end of this year, a cumulative 270,000 barrels a day of diesel demand will have been displaced by electric buses, most of it in China, according to … Read more
by mdcd4u2c www.businessinsider.com/tesla-asks-employees-help-delivering-30000-cars-end-quarter-2019-3 Edit: Automod said to include some information, not sure if I need to include a synopsis, but basically the article is going into detail about what … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Decision-Making Chaos and Epic Strategy Flip-Flops. “Tesla’s credit profile is strained” despite two “credit-positive” factors, Moody’s writes in a new report: These two credit-positive factors are: One, the … Read more
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter But apocalypse not now: Tesla was able to repay the maturing bonds. “Tesla’s credit profile is strained” despite two “credit-positive” factors, Moody’s writes in a new report: These … Read more