Tesla is heading to Texas to build its largest auto assembly plant, CEO Elon Musk announced during the electric car company’s second-quarter earnings call. Musk said work is already underway to build the 2,100-acre site. The factory will be in Travis County, near Austin, and will employ at least 5,000 …
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Tesla Inc. chief executive Elon Musk, who runs a company with a valuation of close to $ 300 billion, does not want the electric vehicle maker to be “super profitable.” He got away with it in the second quarter, when Tesla made a profit of $ 104 million thanks to …
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Microsoft Corp. wrapped up a record year on Wednesday by announcing record quarterly earnings, but stocks still dipped from near-record highs in post-close trading. Microsoft MSFT, + 1.43% reported fourth-quarter tax earnings of $ 11.2 billion, or $ 1.46 a share, on revenue of $ 38 billion on Wednesday, after …
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Text size Héctor Retamal / AFP via Getty Images Elon Musk has done it again, exceeding Wall Street expectations for Tesla‘s earnings significantly for the fourth consecutive quarter. The electric vehicle manufacturing company (ticker: TSLA) reported adjusted earnings per share of $ 2.18, and a profit under generally accepted accounting …
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Tesla Inc. reported a surprise second-quarter GAAP and adjusted earnings on Wednesday night, sending the stock more than 5% higher in the extended session. Sales also exceeded Wall Street expectations. Tesla TSLA, + 1.52% He said he earned $ 104 million, or 50 cents a share, in the quarter, compared …
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