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.
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 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 amount of news that Tesla can come out with, by process of elimination, to move the needle up is far outweighed by the potential negative (or what the market would view as negative). Don't get me wrong, I remain an enormous Tesla bull and am bullish on the company for the long term.
Summary Increasing the storage capacity of the batteries is the most promising path to a lower cost BEV. If you double the storage capacity of a battery you halve the number of cells required in the battery pack, more or less also halving the size and weight of the pack.
Summary WILMINGTON -- The Bruins are in sixth place in the Eastern Conference, 5 points ahead of ninth-place Florida. The bosses would like the defensemen to be quicker and stronger at boxing out forwards, clearing bodies, and giving their goalies better looks at the puck. It's not realistic for the twig-legged rookie to jack up the Bruins' offense.
Summary Labor unions called the strike to protest continued austerity measures as Greece struggles to emerge from a financial crisis that wiped out a quarter of the country's economy and sent unemployment soaring to 26 percent. A nationwide general strike to protest continued austerity measures has shut down services across Greece, grounding flights, leaving ferries tied up in ports, shutting down schools and leaving state hospitals functioning with emergency staff.
Summary Brown is charged with Homicide by Child Abuse and Unlawful Neglect of a Child or Helpless Person, according to a release from Nunn. According to a release from the sheriff's office, officers were called to the hospital after the death of the one-year-old was reported.
Summary Twenty -year-old Anthony Wilkerson pleaded guilty Nov. 12 in Dayton Municipal Court to charges of felonious assault on a police officer and discharge of a firearm on or near prohibited premises. Prosecutors say an officer was investigating reports of shots fired from an SUV in June when the vehicle re-emerged and the driver fired multiple shots at the officer.