Tesla to build factory in China

Helping it gain traction in China’s fast-growing EV market, Tesla (NASDAQ: TSLA) has reached an agreement to set up a wholly owned factory in Shanghai’s free-trade zone, WSJ reports. Tesla to build factory in China The arrangement, the first of its kind for a foreign automaker, could enable Tesla to slash production costs, but it will still
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Tesla fired hundreds  Tesla (NASDAQ: TSLA) fired several hundred employees over the past week, including engineers, managers and factory workers, the San Jose Mercury News reported on Friday. Tesla fired hundreds of California employees this past week The dismissals, which TSLA says were part of a company-wide annual review, came even as the company pushes to increase vehicle production
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Truth is catching up to Tesla There is a fine line between setting goals and misleading investors, writes Charley Grant in the WSJ, and Tesla (NASDAQ:TSLA) is inching closer to that line. Tesla last week announced more than an 80% shortfall to Q3 Model 3 production guidance of 1.5K cars, and yesterday disclosed a delay in its Semi reveal
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The Tesla Model 3 Can’t Justify Tesla Stock Price Tesla Cash Flow (NASDAQ:TSLA) closed the second quarter of 2017 with adjusted revenues of $2.79 billion. That’s up some 135.1% from the previous year. At first glance, such results look great. At second and third glance, after a soothing glass of port, not so much. Tesla “Model 3” news notwithstanding,
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Tesla sells $1.8B of bonds at 5.3% yield in upsized offering Tesla sells $1.8B of bonds(NASDAQ:TSLA) says it raised $1.8B, $300M more than expected, at a 5.3% yield in its first traditional bond offering, marking a vote of confidencein the company and another sign of investors’ appetite for corporate debt at a time when government bonds provide
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