Text size Breaking even seems possible for the second quarter, according to a leaked email from Tesla CEO Elon Musk. That is fueling a mini rally in Tesla stocks. A big enough profit in the second quarter could cause Tesla shares to join the S&P 500. Sean Gallup / Getty …
Read More »The auto industry is still chasing Tesla. Just ask Mercedes and Nvidia.
Text size A driverless car is on display in the Mercedes hall Boris Roessler / DPA / AFP via Getty Images Earlier this week, the Daimler Mercedes brand announced a partnership with graphics chip giant Nvidia to build the world’s first “software defined vehicles”. It’s a bold claim, and one …
Read More »The auto industry is still chasing Tesla. Just ask Mercedes and Nvidia.
Text size A driverless car is on display in the Mercedes hall Boris Roessler / DPA / AFP via Getty Images Earlier this week, the Daimler Mercedes brand announced a partnership with graphics chip giant Nvidia to build the world’s first “software defined vehicles”. It’s a bold claim, and one …
Read More »Ford released a new F-150, but the Lordstown EV pickup got love. This is why.
Text size Interestingly, the launch of an electric vehicle pickup from a no-sales company surpassed the latest release of Ford’s best-selling vehicle in the United States. Growth is the reason. Courtesy of Ford. Private electric vehicle company Lordstown Motor presented its new truck, the Endurance, at a major event in …
Read More »Tesla’s second-quarter COVID impacted sales will be a catalyst for stocks next week
Tesla Inc. is expected to report its April-June sales next week, and Wall Street hopes to gauge how much the shutdown of the Silicon Valley automaker’s only U.S. automaker has affected the 2020 sales targets. . Tesla TSLA, -2.66% reports quarterly deliveries, which are your sales representative, and production numbers …
Read More »