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| Tesla delivered 1500 Model 3s to customers last quarter, says production numbers on target Tesla reiterated in its earnings report on Wednesday that it is on target to produce 2,500 of its Model 3 electric sedans by the end of Q1 and 5,000 by the end of Q2. Tesla's future as a mass-market carmaker hinges on automated production of the Model 3, which more than 400,000 people have already ... Elon Musk's pretty good week keeps rolling as Tesla slides through Q4 with same production targets - TechCrunch
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| Tesla still hasn't completed its coast-to-coast autonomous drive Tesla has missed another self-imposed deadline, but this one has nothing to do with the Model 3, or product deliveries in general, for that matter. Today, we've learned that the coast-to-coast autonomous drive that the company originally promised in 2016 did not happen in 2017 and that it's still ...
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| Ark chief Catherine Wood sees Tesla stock going to $4000 — that would be an increase of 1100% Ark Investment Management founder and CEO Catherine Wood, a money manager known for making bold calls, told CNBC on Wednesday that she believes Tesla stock will one day trade at $4,000 per share. "If we're right, this stock in our models is going to $4,000," Wood said on "Squawk Box.
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| There is no 'active or passive' search for a new Tesla CEO, says Elon Musk Elon Musk will remain CEO of Tesla for the foreseeable future, he said on Wednesday. Musk said there is "no active or passive" search for a new CEO for the company, but that at some point he might be willing to appoint someone and take on a different role more focused on product development and ...
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| Tesla Q4: Financials Really Worsen After the bell on Wednesday, Tesla (TSLA) announced its fourth-quarter results through its investor letter seen here. While shares surged last year, many will look back on 2017 as a missed opportunity for the company, with multiple Model 3 delays leaving consumers waiting. While the Q4 headline ...
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Tesla Averts Cash Crunch as Musk Mystique Makes Up for Late Cars While it's going to take longer to potentially realize that vision, the chief executive officer of both Tesla and Space Exploration Technologies Corp. has succeeded in captivated consumers in the meantime. His latest promotional stunt involved firing off a sports car into the sky atop the world's most powerful ...
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| Tesla lost more than $2 billion last year but plans to soar And he said he was "cautiously optimistic" that Tesla, which has only recorded two profitable quarters in its history as a publicly traded company, would turn a profit at some point this year. Despite problems with Model 3 production, the company's revenue soared 68 percent last year, to $11.8 billion.
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| Tesla Finally Gives Investors Good Earnings News "If you consider Musk's recent Twitter activity, lately he appears to be more eager to sell hats and flamethrowers rather than meeting previously stated production targets for Tesla vehicles or turning around the struggling company," Thibault says. "We've argued repeatedly that Tesla's fundamental ...
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Give up on Tesla's dream ahead of earnings, strategist warns Just a day after SpaceX's successful rocket launch, Tesla earnings could bring CEO Elon Musk back down to Earth. Tesla will report on its fourth quarter after the closing bell Wednesday. Goodwill for the electric vehicle maker is close to running out as it prepares to release its fourth-quarter earnings ...
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Tesla Loses Head of Global Sales To Lyft Tesla has lost another executive—this time its president of global sales and service, and CEO Elon Musk says he has no plans to fill the position. Jon McNeill, who joined Tesla in 2015, has departed the company, Musk confirmed during a Wednesday fourth-quarter earnings call with analysts. McNeill ...
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| Tesla sticks by Model 3 target, posts worst ever quarterly loss Reuters Tesla Inc said on Wednesday it was sticking with Chief Executive Elon Musk's revised production targets for its Model 3 electric sedan, but posted its worst-ever quarterly loss, and warned that spending would increase slightly this year.
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| Tesla sticks with Model 3 production target (Reuters) - Tesla Inc said on Wednesday it was sticking with Chief Executive Elon Musk's revised production targets for its Model 3 electric sedan and posted smaller-than-expected quarterly loss. ...
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