Summary Electric car maker Tesla announced its fourth quarter earnings on Wednesday, and in the process assuaged any fears that last year's high-profile car fires would be a long-term drag on the company. When you finance a car from Tesla, the company offers to buy the vehicle back between the 36th and 39th month of the loan at a guaranteed value -- 50% of the purchase price.
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Summary During an interview with Bloomberg prior to Tesla's earnings call yesterday, CEO Elon Musk discussed a few interesting tidbits. Commenting on design, Musk said "it's damn hard to make an SUV... that is beautiful and yet incredibly functional at the same time. It's a harder design problem than the Model S."
Summary The high-end electric car manufacturer has fired on all cylinders from top to bottom line. The head of the Mortgage Bankers Association offers his analysis of the situation. "The euro zone is most at risk of a global demand shock given the chills emanating from China's deleveraging across emerging markets, North America's current 'frozen' growth patch and the fact that the U.S. is exporting less of its growth to the rest of the world," said Lena Komileva at G+ Economics.
Summary Also: Tesla earnings push stock price to record territory, Safeway says it is in sale discussions. Facebook announced the move in a filing with the Securities and Exchange Commission and in a statement, which detailed a cash payment of $4 billion and a transfer of more than 180 million shares of Facebook stock, a total that added up to a value of $12 billion based on the stock's average closing price in the previous six trading sessions before Tuesday.
Summary Tesla reported great numbers and is discussing them live right now. The Gigafactory is the chicken (or the egg, depending on your perspective) for the third-gen vehicle. Much of the "bear case" surrounding the company is suffering in the face of the actual results on the ground.
Summary Investors will be keenly watching the guidance given out by the company during the earnings call. During the quarter, the automaker sold 6,900 Model S cars to take the full year tally to 22,400.The fourth quarter sales were about 15% more than the company's guidance given out at the end of the third quarter.
Summary Tesla's fourth-quarter earnings didn't contain many surprises as the company had pre-announced it delivered nearly 6,900 cars last month at the Detroit Auto Show. In the shareholder letter, the company mentions it will be constrained on batteries during the first half of 2014, but expects the shortage to ease by the second half.
Summary NEW YORK ( TheStreet ) -- Tesla Motors ( TSLA ) reports fourth-quarter earnings after the closing bell on Wednesday. Tesla cited "the superlative safety record of the Model S and great performance under extremely cold conditions" as reasons the company delivered so many vehicles during the quarter.
Summary Tesla (NASDAQ: TSLA ) is scheduled to report its fourth quarter results after the closing bell on Wednesday. In fact, according to Satghare, Tesla has the potential to be one of the most profitable premium auto manufacturers by the end of the decade.
Summary NEW YORK ( TheStreet ) -- Though Tesla Motors ( TSLA ) already pre-announced how many Model S units it delivered in the fourth quarter, all eyes will be on some of the company's more closely watched metrics when it reports its quarterly results after market close, including the company's goal to hit 25% gross margins.
Summary The electric car manufacturer Tesla Motors Inc ( NASDAQ:TSLA ) has had a pretty spectacular twelve months. The release of the long awaited, and frequently delayed, Model X would be a particular boon for Tesla, or at the very least the ability to release some concrete information on when it can be expected.
Summary Tesla Motors announces earnings after the close of the market today amid sky-high expectations that have already driven the electric-car maker's stock price to a record. Investors today will want to know about the status of Tesla's next model, a crossover to be called the Model X. At the big auto show in Detroit in January, Tesla officials said only that the model is on track.
Summary Apple is a company that normally buys software and builds its own hardware like the iPod and iPad from the ground up. While a $25 billion dollar takeover of Tesla is not outside the realm of possibility for Apple, it seems much more likely that the two companies may be planning on collaborating to bolster Tesla's in car entertainment and technology systems for future models including the Model X. Apple could be planning on integrating its iOS operating system and/or working to improve the navigation software, entertainment apps, driver diagnostics, or engine control software.
Summary The new monitoring program, which starts Monday, will require anyone back from Liberia, Guinea or Sierra Leone to check their temperature twice a day and report back daily to their local public health department, CDC Director Dr. Tom Frieden said in a Wednesday press conference.
Summary The Apple-1 computer, built by hand in 1976 by Steve Wozniak in Apple co-founder Steve Jobs' garage or his sister's bedroom, fetched nearly twice its pre-sale high estimate, Bonhams said. It was bought by the Henry Ford Museum in Dearborn, Michigan, the auction house said.
Summary Noah Wilson, 6, clung to his father Scott Wilson, Olathe, before game two of the World Series on Wednesday, October 22, 2014, at Kauffman Stadium in Kansas City, Mo. The Lee Company, maker of Lee Jeans, head quartered in Merriam, Ks. held a Blue Jeans Trade-In event on Wednesday, October 22, 2014 to encourage residents to ditch their San Francisco-based Levi's during the World Series against the San Francisco Giants and wear their hometown Lee Jeans in support of the Royals.Those who traded-in their jeans received a coupon for 85% off a pair of Lee jeans on the company's website.
Summary The American musician created a stir when he tweeted Wednesday about his visit to the semiautonomous southern Chinese city, where thousands of student-led protesters have occupied streets for more than three weeks to press their demands for greater democratic reforms.