Hints and tips:
...Tesla has been scrambling since the end of March to boost production at its main US plant in Fremont to make up some of the shortfall....
...Tesla’s Shanghai factory, which took over last year from its original Fremont plant in California to become its largest producer, was closed for the final days of the quarter as the city reacted to spreading...
...But net quarterly profit was below the $2.55bn expected by Wall Street, sending Tesla’s shares down more than 5 per cent in immediate after-hours trading....
...My studio director Jenny Fremont created the label with her husband, Abdelillah Ouahbi....
...On Fremont Street, the historical centre of Las Vegas’s golden era, you would think Covid-19 had never happened....
...Las Vegas dices with Delta variant as the casinos roar back to life On Fremont Street, the historical centre of the city’s golden era, you would think Covid-19 had never happened....
...The Fremont-based company led by Elon Musk reported a net profit of $104m in the quarter to June, against a loss of $408m last year....
...This was despite closing its Fremont, California, plant from late March to early May....
...Together with the Model 3 the Fremont factory currently has capacity to build 400,000 vehicles a year....
...Shortening tech’s global supply chainIn his CBS interview, Mr Schmidt also confirmed a Wall Street Journal story that the White House is talking to Intel and Taiwan’s TSMC about setting up US foundries where...
...Shares in GM and Ford were up more than 2 per cent, with Wall Street envisioning little threat to their sales....
...Wall Street rebounded from early losses on Monday, while bitcoin slid following a technical adjustment....
...Tesla delivered “approximately 97,000” cars in the third quarter, slightly missing Wall Street estimates and falling short of the 100,000 milestone the company had hoped for....
...But striking the right tone with staff on Wall Street, in the City of London and in Hong Kong’s Central district is one of the many challenges facing bank bosses....
...(FT) Trillion-dollar club tightens grip on fund market Managers including BlackRock, Vanguard, State Street and Fidelity tightened their stranglehold on the investment industry during the recent market...
...The Fremont, California-based group’s net profit in the third quarter was $143m, providing relief to investors following a cumulative loss of $1.1bn in the first half of the year....
...The Tesla bear camp on Wall Street is also swelling, with analysts at Evercore ISI downgrading their rating on Monday, citing demand concerns and growing competition from rivals....
...Tesla posted adjusted earnings per share of $1.86, better than even the most bullish of Wall Street analysts’ forecasts, which ranged from a loss of $1.25 a share to a gain of $0.34....
...valuation, we expect Tesla to feed the bull narrative re China (which is ramping production), batteries (where they can ‘aim to target’ dramatic cost reductions) and Model Y (already in early production in Fremont...
...We look forward to seeing you this evening for what we saw someone on Twitter aptly described as “the Superbowl of Wall Street”. Do tune in....
...Behold, in a now deleted tweet, the mythical beast in question (left): Ignoring this distraction, life at Fremont is seemingly getting frenetic as the electric car company ramps up production to hit a...
...He assumed control of the production line, battled with short sellers, berated Wall Street analysts and resisted calls for an injection of new funds as Tesla burnt through cash....
...Tesla’s better financial fortunes coincide with an improvement in Mr Musk’s standing with Wall Street....
...Shares in the electric car maker took a hit this week after a media report said the company was shutting down its Fremont, California plant again....
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