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Wall Street sidesteps Musk lockdown rant as Tesla numbers improve

Wall Street brokerages gave a resounding thumbs-up to Tesla Inc's first-quarter numbers on Thursday, lauding the electric carmaker's improved gross margins and sending its shares 8% higher in trading before the opening bell......»»

Category: topSource: reutersApr 30th, 2020

Tesla"s Elon Musk calling coronavirus lockdowns "fascist" overshadows profitable quarter

Tesla Inc's outspoken CEO Elon Musk on Wednesday called sweeping U.S. stay-at-home restrictions to curtail the coronavirus outbreak "fascist" as the electric carmaker posted its third quarterly profit in a row......»»

Category: topSource: reutersApr 29th, 2020

Tesla"s Elon Musk calls coronavirus lockdowns "fascist" as profit streak continues

Tesla Inc's outspoken CEO Elon Musk on Wednesday called sweeping U.S. stay-at-home restrictions to curtail the coronavirus outbreak "fascist" as the electric carmaker posted its third quarterly profit in a row......»»

Category: topSource: reutersApr 29th, 2020

Tesla"s profit streak not derailed by coronavirus as auto industry braces for losses

Tesla Inc on Wednesday posted its third quarterly profit in a row, but said the novel coronavirus was hurting deliveries and lockdown restrictions made it impossible for the electric carmaker to provide guidance for the full year......»»

Category: topSource: reutersApr 29th, 2020

Tesla"s Musk nears $750 million options payday ahead of results

Tesla Inc Chief Executive Elon Musk is on the cusp of a roughly $750 million payday as the electric carmaker's stock recovers from a slump caused by the coronavirus, which led the company to close its factories and furlough workers......»»

Category: topSource: reutersApr 28th, 2020

Tesla"s 500K delivery guidance in doubt as earnings day approaches

The carmaker is looking to reopen its Fremont factory very soon, which would boost its production outlook -- but is likely to face pushback from local officials......»»

Category: topSource: moneycentralApr 27th, 2020

Oil prices tank as storage capacity concerns mount

West Texas Intermediate crude oil plunged Monday as bloated supplies have storage capacity nearing its limit......»»

Category: topSource: foxnewsApr 27th, 2020

U.S. self-driving car startup Zoox agrees to settle lawsuit with Tesla

Zoox Inc said on Tuesday it had settled a lawsuit with Tesla Inc after admitting that some new hires from the electric carmaker were in possession of certain Tesla documents when they joined the U.S. self-driving car startup......»»

Category: topSource: reutersApr 14th, 2020

Tesla surges 28% in two days as traders look beyond coronavirus disruption

Shares of Tesla Inc surged 12% on Tuesday after Credit Suisse upgraded its rating on the electric carmaker and as Wall Street rallied on optimism the coronavirus outbreak was reaching a plateau......»»

Category: topSource: reutersApr 14th, 2020

Hackers are targeting hospitals already stretched thin from fighting the coronavirus — and experts say the worst cyberattacks may be still to come (CTEK, MSFT)

Crystal Cox/Business Insider Hospitals are facing a new wave of cybersecurity threats as the COVID-19 pandemic stretches their resources and finances to the limit. Ransom.....»»

Category: topSource: businessinsiderApr 14th, 2020

Tesla"s history can be traced through its milestones. Here are the top 25 moments that shaped the electric carmaker over the years. (TSLA)

FREDERIC J. BROWN/AFP via Getty Images Tesla has been around for 16 years, and in that time period, CEO Elon Musk's all-electric carmaker ha.....»»

Category: topSource: businessinsiderApr 11th, 2020

Tesla cuts salaries and furloughs workers amid wind-down

Tesla will cut salaries by as much as 30% and furlough workers in the wake of the electric carmaker's forced production wind-down due to the coronavirus pandemic......»»

Category: topSource: moneycentralApr 8th, 2020

Tesla plans to supply FDA-approved ventilators free of cost: Musk

Tesla Inc Chief Executive Elon Musk said on Tuesday the company has extra FDA-approved ventilators that can be shipped free of cost to hospitals within regions where the electric carmaker delivers......»»

Category: topSource: reutersMar 31st, 2020

Tesla to slash on-site staff at Nevada factory by 75% due to virus: county manager

U.S. electric carmaker Tesla Inc plans to slash on-site staff at its Nevada battery plant by around 75% due to the coronavirus pandemic, the local county manager said on Thursday......»»

Category: topSource: reutersMar 27th, 2020

Dispatches from a Pandemic: ‘The fates of the refugees and their Jordanian hosts are intertwined.’ What coronavirus means for Jordan — and its Syrian refugee population

As Jordan settles into one of the most rigorous lockdowns in the global pandemic, its scant resources will be stretched beyond the limit......»»

Category: topSource: marketwatchMar 25th, 2020

Panasonic to suspend battery production at Tesla joint venture in Nevada due to coronavirus

Panasonic Corp said on Saturday it will temporarily suspend production at its battery joint venture with U.S. electric carmaker Tesla Inc in Nevada because of the coronavirus outbreak......»»

Category: topSource: reutersMar 21st, 2020

Tesla to shut down California, New York factories

Tesla Inc. will temporarily halt production at its Fremont, Calif., factory and its solar-panel factory in Buffalo, New York, amid efforts to limit the spread of the novel coronavirus......»»

Category: topSource: moneycentralMar 19th, 2020

Tesla to shut down California, New York factories amid coronavirus pandemic

Tesla Inc. will temporarily halt production at its Fremont, Calif., factory and its solar-panel factory in Buffalo, New York, amid efforts to limit the spread of the novel coronavirus......»»

Category: topSource: marketwatchMar 19th, 2020

Tesla to limit workforce at Fremont factory from 10,000 to 2,500 due to outbreak: report

Tesla Inc. will keep its Fremont, Calif., factory open, but limit its workforce, Buzzfeed reported Wednesday. The status of the auto plant has been in question since the Alameda County Sheriff's Of.....»»

Category: topSource: marketwatchMar 18th, 2020

Tesla to limit workers at California factory with virus lockdown order, county says

Tesla Inc has agreed to reduce the number of active workers at its California vehicle factory, but remains in talks over other measures to comply with a regional lockdown to curb the spread of coronavirus, a county spokesman said on Wednesday......»»

Category: topSource: reutersMar 18th, 2020