© Reuters. FILE PHOTO: The Tesla logo is pictured on an electric car at Brussels Motor Show (Reuters) – Shares of Tesla (O:) surged 10% to a record high on Monday, extending their rally to nearly 40% in five sessions after analysts raised their price targets on the electricRead More →
After physically taking over the Beijing Bitmain office, ousted CEO Micree Zhan is reportedly regaining control and is blocking the delivery of Bitmain products from its Shenzhen factory. According to sources of Chinese publication BlockBeats, Zhan issued an order prohibiting employees from shipping products to Bitmain’s customers. The reason forRead More →
© Reuters. LA Auto Show in Los Angeles FRANKFURT (Reuters) – Volkswagen Group (DE:) said on Thursday its vehicle deliveries last year were slightly above the previous year’s level, revising up an earlier forecast which predicted 2019 sales would be level with the year before. In 2018, the multi-brand carRead More →
Shares of Tesla Inc. spiked higher into record territory Friday, after the electric vehicle maker reported deliveries that rose above Wall Street’s expectations. The stock TSLA, +3.97% shot up 5.3% in recent morning trading to $452.86 a share, to reverse an earlier premarket pullback of as much as 2.0%. TheRead More →
© Reuters. FILE PHOTO: An Airbus A350 takes off at the aircraft builder’s headquarters in Colomiers near Toulouse By Tim Hepher PARIS (Reuters) – Airbus has become the world’s largest planemaker for the first time since 2011 after delivering a forecast-beating 863 aircraft in 2019, seizing the crown from embattledRead More →
Delivery giant Amazon AMZN, +0.39% on Thursday set a goal to meet the Paris Climate Agreement objectives 10 years early, with a pledge to be carbon neutral by 2040 — including its Prime one-day shipping perk. Amazon will also work toward using 100% renewable energy by 2030. The ambitious planRead More →
Tesla Inc. delivered a record number of electric cars in the second quarter, but still has a long way to go to live up to Chief Executive Elon Musk’s promises for the year. The electric-car company reported delivery of 95,200 cars in the second quarter Tuesday afternoon, a record forRead More →
© Reuters. A Model 3 Tesla vehicle navigates morning rush hour using the car’s auto pilot feature in Los Angeles By Alexandria Sage and Munsif Vengattil SAN FRANCISCO (Reuters) – Tesla Inc (O:) delivered a record number of electric vehicles in the second quarter, beating Wall Street expectations and sendingRead More →
© Reuters. A Boeing 737-800 aircraft from Australia’s second largest airline, Virgin Australia, is seen on the tarmac at the domestic terminal of Sydney Airport (Reuters) – Virgin Australia Holdings said on Tuesday it had reached an agreement with Boeing (NYSE:) to delay deliveries of the U.S. planemaker’s now contentiousRead More →
© Reuters. FILE PHOTO: A Tesla logo is painted on a wall inside of a Tesla dealership in New York (Reuters) – Tesla (NASDAQ:) Inc shares fell more than 8 percent on Thursday after a bigger-than-expected drop in first-quarter deliveries, led by waning demand for its luxury Model S andRead More →
Just 10 days ago, Elon Musk said delivering new vehicles to customers before month’s end was the “primary priority” of every Tesla Inc. employee. So what was he doing touting a rap song and tweeting about emojis over the critical last weekend of the quarter? On Saturday, Musk dropped hisRead More →
© Reuters. FILE PHOTO – Hernan Rincon, executive president and CEO of AVIANCA Holdings S.A., speaks during a news conference at Monsignor Oscar Arnulfo Romero International Airport in San Luis Talpa SAO PAULO (Reuters) – Colombian airline Avianca Holdings canceled an order of 17 Airbus A320 Neo aircraft and delayedRead More →
Despite a few snags, Tesla Inc. made its first deliveries of Model 3 sedans to Europe on Wednesday, with some going to buyers who had held reservations for almost three years. The blog Electrek reported that a handful of cars were delivered Wednesday after a cargo ship from California dockedRead More →
