China orders Tesla to recall 1.1m cars over brake risks
Tesla has been asked to recall more than 1.1 million cars in China due to potential safety risks, the country’s top market regulator said on Friday.
Tesla shares hit record high after deliveries beat expectations
Elon Musk’s electric car company is starting the new year off on a high note. Tesla’s stock price hit a fresh, all-time high Friday after its most recent vehicle deliveries beat expectations. Shares jumped 5.5 percent to a record $454 on the news that it delivered 112,000 vehicles in the fourth quarter of 2019, outpacing Wall […]
Tesla meets low end of 2019 goal for vehicle deliveries
Tesla Inc (TSLA.O) beat Wall Street estimates for vehicle deliveries in its fourth quarter on Friday and met the low-end of its full-year delivery goal, boosted by demand for its mass-produced Model 3 sedans. The electric car company said it delivered 112,000 vehicles in the fourth quarter, including 92,550 Model 3 sedans and 19,450 Model […]
Tesla to take new $1.4 billion loan from Chinese banks for Shanghai factory
U.S. electric vehicle maker Tesla Inc (TSLA.O) and a group of China banks have agreed a new 10 billion yuan ($1.4 billion), five-year loan facility for the automaker’s Shanghai car plant, three sources familiar with the matter said, part of which will be used to roll over an existing loan. China Construction Bank (0939.HK) (601939.SS) […]
Tesla shares hit all-time high on China optimism
Shares of Tesla hit an all-time high on Tuesday, with the electric automaker’s stock on track to deliver its best quarterly performance in six years. The Elon Musk-led Tesla saw its stock rise more than 3 percent in intraday trading, hitting a new record of $394.83 on reports that it is considering cutting the prices […]
Apple’s new $60,000 Mac costs more than a Tesla
A maxed-out version of Apple’s latest desktop computer costs more than a souped-up Tesla. The new Mac Pro released Tuesday, whose design has been likened to a giant cheese grater by tech geeks on Twitter, tops out at nearly $60,000 for customers who opt for all the bells and whistles. By comparison, the Performance version […]
