Apple buys Tesla and a solar flare wipes trillions from the economy: 10 outrageous predictions for 2019

Apple buys Tesla and a solar flare wipes trillions from the economy: 10 outrageous predictions for 2019

Saxo Bank’s annual series of outrageous predictions is here with this year’s theme covering a world that is increasingly saying „enough is enough.” The Danish firm has compiled 10 possibilities with a low chance of happening, but that challenge investors to think outside the box on risk within financial markets and the world more generally.…

Tesla has big plans for a factory in China — but its lofty ambitions could lead the company to make an old mistake

Tesla has big plans for a factory in China — but its lofty ambitions could lead the company to make an old mistake

As a company, Tesla speaks to three distinct audiences. The first are true believers who have always been fans of CEO Elon Musk and his daring enterprise. For them, an enthusiasm for Tesla in the early 21st century is like an enthusiasm for Thomas Edison in the late 19th. It’s thrilling to be present when…

Tesla is reportedly planning to pay off its next chunk of convertible debt in an odd way

Tesla is reportedly planning to pay off its next chunk of convertible debt in an odd way

Tesla has $920 million worth of debt coming due in March, and it’s reportedly chosen to pay holders of the convertible notes in an unusual fashion. Bloomberg News’ Dana Hull and Molly Smith reported Thursday that the company informed holders of the notes last week that, if they elect to convert the notes, they will…

Elon Musk said Tesla owners will be able to use their phones to summon their vehicles from ‚across the continent’ in a few years

Elon Musk said Tesla owners will be able to use their phones to summon their vehicles from ‚across the continent’ in a few years

Tesla owners will be able to summon their vehicles with their phones „from across the continent” in a few years, CEO Elon Musk said on Wednesday via Twitter. „You can summon your Tesla from your phone. Only short distances today, but in a few years summon will work from across the continent,” he said. Tesla…

Tesla is going to have to spend an absolutely staggering amount of money in the next few years

Tesla is going to have to spend an absolutely staggering amount of money in the next few years

One of my biggest questions about Tesla has always been why the company wants to grow quite so fast. In the abstract, I understand why: CEO Elon Musk believes humanity is living on borrowed time when it comes to global warming. If we don’t replace gas-powered vehicles with electric cars — Fast! — we’re doomed.…

Tesla reports surprise profit in ‚truly historic’ quarter

Tesla reports surprise profit in ‚truly historic’ quarter

Tesla reported a surprise third-quarter profit on Wednesday that easily surpassed Wall Street’s expectations. Here are the important numbers: Adjusted earnings: $2.90 per share versus -$0.15 expected. Revenue: $6.8 billion versus $6.3 billion expected. „Q3 2018 was a truly historic quarter for Tesla,” the company said in a press release. „Model 3 was the best-selling…

Tesla just released a new software update — these are the new features

Tesla just released a new software update — these are the new features

Tesla said on Friday that the latest version of its vehicle software had begun rolling out to customers. The automaker’s CEO, Elon Musk, had previously said the update would produce „significant” advancements for Autopilot, the company’s semi-autonomous driver assistance system, though in a post on its website Tesla said the Autopilot updates will arrive „in…

Elon Musk tells Tesla employees the company is ‚very close to achieving profitability’ after agreeing to pay SEC $20 million

Elon Musk tells Tesla employees the company is ‚very close to achieving profitability’ after agreeing to pay SEC $20 million

In an email, Elon Musk told Tesla employees on Sunday they have „one more day of going super hardcore” to close the quarter and the company is „very close to achieving profitability and proving the naysayers wrong.” Musk assured investors that Tesla would turn a profit in the third quarter in a conference call in…

Tesla shares sink on fraud investigation

Tesla shares sink on fraud investigation

Media playback is unsupported on your device Media captionWho is Elon Musk?Tesla shares have sunk after US regulators took legal action against co-founder Elon Musk for alleged securities fraud. On Thursday the Securities and Exchange Commission filed a lawsuit over claims made last month by Mr Musk that he had funding to take the company…

Tesla surges after bullish analysts say ‚buy even with drama’

Tesla surges after bullish analysts say ‚buy even with drama’

The Joe Rogan Podcast/YouTube Tesla shares surged Monday after Baird published a bullish note on the company. Shares were under pressure last week on news of senior personnel changes and after CEO Elon Musk was filmed smoking marijuana during a live interview. The analysts said they came away even more positive on Tesla after a visit to…