Hints and tips:
...Tesla, once confined to its Fremont plant and a Nevada battery factory, now has the Texas, German and Chinese plants also demanding Musk’s attention....
...Beyond the Square Mile The Federal Reserve Bank of New York has sharply rebuked Deutsche Bank for failing to address a litany of concerns at its US operations, casting doubt on the German lender’s ability...
...Carl Icahn-backed Hertz this month narrowly swerved bankruptcy, while Germany’s Sixt secured a €1.6bn loan partly financed by a state development bank and Paris-based Europcar tapped its banks for a €220m...
...(FT) Tesla dispute escalates Elon Musk said he was willing to be arrested after Tesla resumed production at its Fremont, California plant against orders on Monday....
...(FT) Tesla triumphant, TikTok accused Tesla has been given a tentative green light to restart production in Fremont, California after suing the local county and defying authorities....
...(FT) Tesla prepares to reopen plant despite shutdown order The electric carmaker is pressing ahead with plans to restart production at its factory in Fremont, California in defiance of local government...
...He starts next week, and will act as one of the bank’s main “rainmakers” across Europe. See here for more....
...The Fremont, California-based group’s net profit in the third quarter was $143m, providing huge relief to investors following a cumulative loss of $1.1bn in the first half of the year....
...Since Facebook results equal the average post-2008 investment bank for complexity we’ll cut to Goldman Sachs for an acronym-heavy overview....
...Some of Musk's claims — such as the installation of a rollercoaster at Tesla's factory to whizz employees around the Fremont factory — are the stuff of fantasy. It all seemed fairly harmless though....
...In its most recent 10-Q it stated: that the capital spend per unit of Model 3 manufacturing capacity at Gigafactory Shanghai will be less than that of the ramp of our line in Fremont . . ....
...In addition to Tesla’s main factory in Fremont, California, some final assembly is conducted at a facility in Tilburg, Netherlands. Additional reporting by Sherry Ju in Beijing...
...line from nine banks....
...We plugged in a gross margin of 11 per cent originally, noting the Model 3 had a negative gross margin in the second quarter including non-cash items, and given ongoing teething problems at Tesla's Fremont...
...The company will fund its Shanghai factory announced last month, which Mr Musk speculated could cost roughly $2bn, through loans from Chinese banks....
...for the big banks....
...They trundle through acres of lobby, with banks of bleeping slot machines and crowded roulette tables, to reach the exit and the Strip. I pick up a copy of the local newspaper....
...He calculates that Tesla now employs 9,000-10,000 people in its single plant at Fremont near Silicon Valley, where a more experienced manufacturer could achieve the same output with 2,500....
...Also clustered in Orange County were some of the best-known subprime shops in the country, such as New Century, Ameriquest and Fremont....
...Moelis & Company has hired Trevor Montano from the US Treasury as a managing director who will provide financial and strategic advice to regional banks and non-bank lenders....
...At issue are loans originated by mortgage companies such as Fremont, New Century, WMC, Countrywide and IndyMac....
...By that he meant governments and central banks taking extraordinary measures such as bank nationalisation, bank recapitalisation and the launch of quantitative easing in the US, Europe and Japan....
...It didn’t take place in the corral at all but just shy of the corner of Fremont and Third in downtown Tombstone, Arizona....
...Investors rewarded Synnex Corp, after the Fremont, California-based company topped fourth-quarter earnings estimates and issued a first-quarter outlook that was better than Wall Street’s forecasts....
...“Based on higher estimates the company currently is trading at a price-to-earnings discount to other electric companies,” analyst Paul Fremont said....
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