Tesla’s Q2 2018 financial results and earnings call were not only a pleasant surprise because of the encouraging figures in the company’s Update Letter. Contrary to what critics of the company have predicted in the weeks leading up to the Q2 2018 earnings call, the Elon Musk that showed up on Wednesday was not the […]
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The Tesla experience is bound to get a whole lot more fun. In a series of Twitter updates on Wednesday, Elon Musk announced that some classic Atari games would be coming as Easter Eggs in Tesla’s Software V9.0 release, which is expected to be rolled out in September of this year and accessible to Model […]
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During Tesla’s Q2 2018 earnings call on Wednesday, CEO Elon Musk and Tesla’s executive team revealed details about the company’s plans for Gigafactory 3 in China. The overseas facility is a strategic move that will allow the California-based company to compete in China’s local electric car market and minimize logistical challenges with shipping abroad. More importantly, having a local […]
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Tesla CEO Elon Musk is set to take the stage on Wednesday afternoon at 2:30 pm PDT (5:30 pm EDT) to talk about the company’s Q2 financial results. Following a relatively positive quarter, based on after-hours stock activity, with the Silicon Valley-based electric car maker and energy company posting record revenues and wider adjusted losses, […]
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Tesla’s second-quarter earnings for 2018 saw the California-based carmaker beat Wall Street revenue estimates after posting $4B billion in revenue and missed earnings estimates with a non-GAAP loss of $520 million. The results, which were posted in an update letter to investors after the closing bell on Wednesday, August 1st, showed second-quarter earnings of -$3.06 […]
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SpaceX’s fifth Falcon 9 Block 5 first stage was spotted a few dozen miles away from arriving at Cape Canaveral at the same time as a freshly launched and landed Block 5 booster was being transported from its drone ship at Port Canaveral to Kennedy Space Center. The now flight-proven booster in question – B1047 – […]
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David Einhorn, a staunch Tesla critic and owner of Greenlight Capital fund, revealed on Tuesday that his bet against the electric car maker resulted in heavy losses for his firm during the first half of 2018. In Q2 alone, Greenlight Capital lost 5.4%, bringing the fund’s losses from January to June to 18.3%. In a […]
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Tesla’s exclusive battery supplier and partner Panasonic Corp announced on Tuesday that its first-quarter net profit saw an increase of 17.6% due to growth in its automotive-related business. Panasonic saw its net profits from April to June rise 17.6% to 57.4 billion yen ($515 million), up 15% from last year’s 48.8 billion yen ($440 million). […]
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Tesla has updated the details for its latest Referral Program to include Model 3 Performance as a vehicle that’s eligible for incentives when purchased through a referral code. In addition, Tesla has extended free unlimited Supercharging to Model S and Model X purchases made between August 1 and September 16, which also includes Model 3 […]
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Tesla has updated the details for its latest Referral Program to include Model 3 Performance as a vehicle that’s eligible for incentives when purchased through a referral code. In addition, Tesla has extended free unlimited Supercharging to Model S and Model X purchases made between August 1 and September 16, which also includes Model 3 […]
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