Recent content by jammybritton27

Revenues more than doubled to $7.23 billion in Q4, surpassing market expectations. Automotive revenue surged to $6.3 billion, helped mainly by the strong Model 3 deliveries. Adjusted earnings were $1.93 per share, compared to a loss of $3.04 per share in 4Q17. Analysts were looking for a higher...

Revenue grew 43% to $4 billion Adjusted net loss of $520.2 million or $3.06 per share Operating cash flow remained in the negative territory at $129.6 billion Total vehicle production rose 55% sequentially to 53,339 units in Q2, while shipments jumped 80% to 40,740 units Expects to produce...

Elon Musk has been in the news recently for all the wrong reasons. His involvement with the Thai cave rescue effort has been a topic of debate, and many interwoven allegations rose over the last week. Was Musk’s commitment just a PR stunt? Did his ‘expensive toy’ render any value to rescue...

The Q2 production came in at 53,339 vehicles, as Model 3 (28,578) accounted for more than 50% of the production. But this drastic Model 3 production said to be achieved by ignoring the brake and roll test. How much of this is real? Tesla shares battered amid doubts over quality of Model 3 and...

Musk is planning to link Boring’s hyperloop project with his SpaceX company’s projects for a much more advanced transportation system. Musk’s company has begun work on a tunnel between Washington DC and New York City while work on another tunnel between Los Angeles and San Francisco is set to...

Bringing some relief to customers and investors who are miffed by the long delays in the delivery of Tesla’s ambitious Model 3 sedan, Musk on Tuesday said the company now targets to produce around 500 units per day this week. “It is looking quite likely that we will exceed 500 vehicles per day...

Tesla (TSLA) today reported 26% jump in Q1 revenue to $3.4 billion, beating analysts’ estimates. The adjusted net loss for the quarter came in at a better-than-expected $568 million, or $3.35 per share. Analysts had expected quarterly revenue of $3.22 billion and a net loss of $3.58 per share...

Now California workplace safety agency opens probe into Tesla California workplace safety agency opens probe into Tesla

Nvidia suspended self-driving tests across the globe following a fatal Uber accident last week in which a self-driving vehicle killed a pedestrian in Arizona. Nvidia suspends self-driving tests globally

Elon Musk Launches Media Company Thud, Hires Former Onion Execs Elon Musk Launches Media Company Thud, Hires Former Onion Execs