Tesla’s Musk and Alibaba’s Ma to Debate AI in China
From Jack Ma to Pony Ma, the leading lights of China’s internet industry gather in Shanghai this week to showcase the country’s latest advances in artificial intelligence. But the real headliner could be American entrepreneur Elon Musk.
August 28, 2019Musk’s Tweets About Tesla Production Raise Questions on SEC Accord
Elon Musk tweeted a Tesla Inc. production number that the company hadn’t communicated previously, presenting the first test case of whether his April settlement with securities regulators has made him more disciplined on social media.
July 30, 2019Tesla Plunges on Profit Doubts, Co-Founder J.B. Straubel’s Surprise Exit
Tesla Inc. shares plummeted after a worse-than-expected loss and yet another major management change cast fresh doubts on the electric car maker’s future.
July 25, 2019Tesla’s ‘Anemic’ High-Margin Model Sales Extend Profit Struggle
Tesla Inc. is delivering more cars than ever because of the emergence of Model 3 customers like Mike Land. His view of the relative weakness of Elon Musk’s more expensive electric cars also helps explain why the company is still struggling to make money.
July 23, 2019Tesla Readies Production Boost, Hints of Return to Hiring Mode
Tesla Inc. is poised to increase production at its California car plant and is back in hiring mode, according to an internal e-mail sent days after the company wrapped up a record quarter of deliveries.
July 10, 2019Musk Seeking Tesla Deliveries Record Could Be a Double-Edged Sword
Analysts’ fear is that even if Tesla does show marked improvement in deliveries this quarter, Musk will achieve this at the expense of profitability. And with a shrinking U.S. tax credit posing a threat to demand in the second half of the year, Tesla’s efforts to hand over more Model 3s overseas could further compromise earnings because of relatively higher shipping expenses.
July 1, 2019Tesla Analysts Warn on Demand, Profits as Quarter Nears End
The concerns around the demand for Tesla Inc.’s cars are resurfacing as the second quarter nears a close, with Goldman Sachs analyst David Tamberrino saying volume estimates for the second half of the year and beyond appear to be high, considering there are now fewer “levers to pull to stoke demand going forward.”
June 20, 2019Musk Tells Tesla Shareholders Consumer Demand Not a Problem
Tesla Inc. CEO Elon Musk dismissed concerns about demand for his company’s trademark electric vehicles, telling shareholders at the company’s annual meeting June 11 that sales this quarter could hit record levels.
June 12, 2019What to Watch for at Tesla’s Annual Shareholders Meeting
Tesla Inc. investors will be more anxious than usual to get an update from CEO Elon Musk on June 11 at the company’s annual meeting.
June 11, 2019Tesla Starts Accepting Orders for Lower-Priced Model 3s Made in China
Tesla Inc. started taking orders for Model 3 cars to be made in China, lowering prices for the vehicle as it seeks to double down on a market it expects to drive future growth and revenue.
May 31, 2019