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Tesla surges 17% after delivering more cars than expected amid the coronavirus pandemic (TSLA)

Getty/Justin Sullivan Tesla delivered 88,400 cars in the first quarter of 2020, the company announced Thursday, exceeding Wall Stree.....»»

Category: topSource: businessinsiderApr 3rd, 2020

Elon Musk and Bill Gates have sparred over everything from the coronavirus to electric cars. Here"s where their simmering feud began and how it"s escalated amid the pandemic.

While the Microsoft billionaire and the Tesla titan have never had a particularly cozy relationship, things have heated up over the past year. Elon Musk and Bill Gates. Susan Walsh/AP; Mike Cohen/Getty Images for The New York.....»»

Category: smallbizSource: nytMar 1st, 2021

Daimler earnings plunge as coronavirus hammers vehicle sales, production

German's Daimler AG said on Thursday it expected to report a near 70% plunge in a key first-quarter earnings figure, as demand for its Mercedes-Benz cars plunges amid the coronavirus pandemic......»»

Category: topSource: reutersApr 22nd, 2020

Dogecoin Hits Another All-Time High Just Below 45 Cents Amid Elon Musk-SNL Speculation

Dogecoin (DOGE) hit an all-time high of nearly $0.45 on Monday night, days ahead of Tesla Inc (NASDAQ: TSLA) CEO Elon Musk’s scheduled appearance on “Saturday Night Live” where the joke cryptocurrency is expected to feature. read more.....»»

Category: blogSource: benzingaMay 3rd, 2021

Elon Musk Says Coronavirus A "Trial Run" For Future Pandemic, Questions Mortality Rate

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk discussed the coronavirus pandemic with Joe Rogan in a podcast on Thursday, saying he believes the mortality rate for the virus is much lower than what has been reported.  read more.....»»

Category: blogSource: benzingaMay 8th, 2020

Lyft stock soars as sales near $1 billion, losses decline despite coronavirus pandemic

Lyft Inc.’s bumpy road to profitability is getting rougher during the COVID-19 pandemic, but the company brought in more sales than expected amid the coronavirus spread and shares spiked in late trading Wednesday......»»

Category: topSource: marketwatchMay 6th, 2020

These 15 used cars saw the steepest drops in sales when the coronavirus pandemic hit, according to the data

Tesla Car search engine and automotive research firm iSeeCars.com compiled a list of 15 used cars with the largest decrease in sales between February and March as the coronavirus pandemic spread across the US. The used .....»»

Category: topSource: businessinsiderMay 2nd, 2020

Everyone has to accept that Tesla is worth $150 billion precisely because Elon Musk doesn"t behave like any other CEO in the business (TSLA)

Brendan Smialowski / AFP via Getty Images Tesla CEO Elon Musk attacked coronavirus-pandemic shelter-in-place orders, demanding .....»»

Category: topSource: businessinsiderApr 30th, 2020

Twitter gains users, beats estimates but ad trends alarm investors

Twitter Inc on Thursday reported higher first-quarter revenue and a smaller loss than analysts had expected amid the coronavirus pandemic, but its shares fell as investors fretted about potential weakness in the second quarter......»»

Category: topSource: reutersApr 30th, 2020

Volvo Cars cuts 1,300 Swedish jobs as pandemic speeds up change

Volvo Cars will lay off 1,300 white-collar employees in Sweden, with the carmaker saying it needs to step up its shift to new products and business models amid the coronavirus pandemic......»»

Category: topSource: moneycentralApr 29th, 2020

Ford posts $2 billion first-quarter loss amid coronavirus

Ford Motor on Tuesday posted a $2 billion first-quarter loss due to the impact of the coronavirus pandemic and said it expected its loss in the second quarter to more than double as it weathers a shutdown of its North American plants......»»

Category: topSource: moneycentralApr 28th, 2020

Ford posts $2 billion first-quarter loss amid coronavirus

Ford Motor on Tuesday posted a $2 billion first-quarter loss due to the impact of the coronavirus pandemic and said it expected its loss in the second quarter to more than double as it weathers a shutdown of its North American plants......»»

Category: topSource: moneycentralApr 28th, 2020

Nissan slashes full-year results forecast, sees operating loss

Nissan Motor Co on Tuesday said it expected to post its first annual operating loss in 11 years as the Japanese automaker struggles to recover from plunging vehicle sales as the coronavirus pandemic has sapped demand for cars. Francis Maguire reports......»»

Category: videoSource: reutersApr 28th, 2020

HSBC sees mounting credit losses after pandemic halves first-quarter profit

HSBC Holdings PLC on Tuesday warned of more earnings pain to come after first-quarter profit nearly halved as it boosted provisions against bad loans expected to rise amid the coronavirus pandemic......»»

Category: topSource: reutersApr 28th, 2020

Tesla likely to extend advantage over OEMS in electric cars during coronavirus-driven recession: Baird

The recession created by the coronavirus pandemic is likely to help Tesla Inc. extend its advantage in electric vehicles over the major car markers, or origina.....»»

Category: topSource: marketwatchApr 24th, 2020

New grocery store set to open in Cary as demand surges amid coronavirus pandemic

Lidl will open its second Cary location next week. The opening comes earlier than initially planned as grocers see demand surge during the coronavirus pandemic. The German grocer with a growing presence in the Triangle will hold a soft opening for.....»»

Category: topSource: bizjournalsApr 23rd, 2020

Truck maker Volvo profit falls less than expected amid pandemic pain

Sweden's AB Volvo reported a smaller-than-expected fall in quarterly operating earnings on Thursday as service sales held up in the face of tumbling sales and orders of its trucks as demand evaporated in the face of the coronavirus......»»

Category: topSource: reutersApr 23rd, 2020

Car trouble: Auto lenders not letting customers return leased cars amid coronavirus crisis

Auto leases have expired in the midst of the coronavirus pandemic, but sometimes lenders don't want to take th.....»»

Category: topSource: usatodayApr 17th, 2020

Asian economies will see their growth come to a halt this year amid the coronavirus pandemic, IMF warns

Associated Press The IMF warned on Wednesday that Asian economies will see no growth in 2020 China is the only country expected to grow at 1.2% in 2020  The p.....»»

Category: topSource: businessinsiderApr 16th, 2020

Tesla Enters Coronavirus Survival Mode

Amid a recession and production shutdown, the electric vehicle company is slashing costs to preserve cashRelated Stocks: TSLA,.....»»

Category: blogSource: gurufocusApr 15th, 2020

Tesla surges 14% after Credit Suisse upgrades the stock, saying it"s well positioned after the coronavirus disruption (TSLA)

Getty/Justin Sullivan Credit Suisse on Tuesday upgrad.....»»

Category: topSource: businessinsiderApr 14th, 2020