Profit secured! Tesla blew away expectations with just the third quarter of positive earnings in its history, bolstering Elon Musk’s bid to make selling electric cars a financially sustainable business.
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Strong results from Microsoft, Tesla and Xilinx are helping to salve wounds after technology stocks led the Nasdaq 100 Stock Index to its biggest rout in seven years.
Given recent market turmoil, it would easy to overlook the upcoming IPO of Niu Technologies, a Chinese manufacturer of electric mopeds.
One hundred and forty-three days. That’s how much time Elon Musk has till the big bills start coming due in the debt market.
Elon Musk’s rocket company launched a commercial satellite for Argentina on Sunday evening, marking SpaceX’s 17th mission of 2018 in the type of steady success that so far has eluded his electric-car maker Tesla.
The silence of Tesla’s board over the past two days after Elon Musk went on another Twitter tirade raises fresh questions about who has what it takes to oversee the unpredictable CEO.
Elon Musk has insulted the Securities and Exchange Commission days after settling a fraud lawsuit with the US agency, potentially imperiling a deal that allows him to remain Tesla’s CEO.
Oil’s march towards $100/barrel is coming at just the right the time for car makers investing billions in the switch to electric cars.
Tesla has posted a surge in electric-car deliveries that could prove pivotal to earning an elusive profit and overcoming a series of distracting missteps by CEO Elon Musk.
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