Tesla on track for S&P 500 after fourth consecutive quarterly profit

Tesla shares have actually charged ahead after the electrical carmaker’s most current results revealed it had actually conquered crucial difficulties positioned by the coronavirus crisis. The business posted a profit for a fourth straight quarter throughout the 3 months to June, suggesting it ends up being qualified to go into the prominent S&P 500 index […]

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Coronavirus: Elon Musk’s Tesla denies firing employees who stayed home during lockdown

Tesla has actually rejected firing employees who picked to remain at home during the coronavirus pandemic, contrary to media reports. 3 of the business’s personnel stated they had actually been ended after selecting to remain at home instead of work at the business’s factory in Fremont, California, according to the Washington Post. In defiance of […]

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Coronavirus: Tesla boss Elon Musk defies state rules to open California plant

Elon Musk has actually stated Tesla’s sole United States car plant has actually rebooted production, defying an order to stay closed throughout the coronavirus lockdown. The billionaire, who simply days ago threatened to move the center out of California, stated if anybody ought to be jailed for flouting the rules – it ought to be […]

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Coronavirus: Elon Musk sues county and threatens to move Tesla HQ out of California in lockdown row

Tesla boss Elon Musk has actually threatened to pull the company’s head office and just United States car factory out of California after regional authorities stopped the business from resuming the electrical vehicle plant. “Frankly, this is the final straw,” Musk tweeted. “Tesla will now move its HQ and future programs to Texas/Nevada immediately.” Tesla […]

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Tesla shares tumble $13 bn after Elon Musk tweets they’re too expensive

About $13 bn (103 bn) was rubbed out Tesla’s shares after president Elon Musk tweeted that the electrical car business’s”stock price is too high” In a series of other tweets, Mr Musk, 48, likewise stated he was “selling almost all physical possessions” and “will own no house”. He added his sweetheart was “mad at me”. […]

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Tesla shares tumble $13 bn after Elon Musk tweets they’re too expensive

About $13 bn (103 bn) was rubbed out Tesla’s shares after president Elon Musk tweeted that the electrical car business’s”stock price is too high” In a series of other tweets, Mr Musk, 48, likewise stated he was “selling almost all physical possessions” and “will own no house”. He added his sweetheart was “mad at me”. […]

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Nestlé, Tesla Testing Blockchain Solutions + More News

Tesla Cybertruck. Source: Adobe/Mike Mareen. Crypto Briefs is your everyday, bite-sized absorb of cryptocurrency and blockchain-related news– examining the stories flying under the radar these days’s crypto news. Blockchain news Nestlé has actually broadened making use of the IBM Food Trust blockchain technology platform to its Zoégas coffee brand name, said the significant food business. […]

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Tesla suspends production at U.S. vehicle factory due to coronavirus

Tesla Inc on Thursday ended a standoff with local California authorities concerned about the spread of the coronavirus, saying it will suspend production at its San Francisco Bay Area vehicle factory on March 24. The company said its New York solar roof tile factory will also temporarily suspend production, while operations at its Nevada battery […]

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