Text size A Boeing 737 MAX airplane. Jason Redmond / AFP via Getty Images Boeing delivered 20 aircraft in the second quarter. While it is not unexpected, it is not good. The 737 MAX saga and the global coronavirus pandemic continue to plague the commercial aerospace giant. Boeing (ticker: BA) …
Read More »
Text size Monday’s reversal was the biggest change from positive to negative for Tesla since June 30, 2010, one day after it went public. Photography by Andreas Dress After a wild Monday, Tesla shares lost about $ 55 billion from their intraday peak and closed 3.1%, after rising more than …
Read More »
Text size Fisker believes that Ocean is the world’s most sustainable all-electric SUV. Courtesy of Fisker. It’s official. Spartan Energy Acquisition is buying California-based electric vehicle maker Fisker in a deal that values the startup at $ 2.9 billion, another $ 1 billion valuation for the ultra-powered alternative fuel space. …
Read More »
Text size Tesla said it delivered more than 90,000 cars in the second quarter. Photograph by Spencer Platt / Getty Images Tesla‘s The gains have pushed stocks as far as possible from the Wall Street average price. That could be a risk for bullish investors. Tesla (ticker: TSLA) shares gained …
Read More »
Text size Photograph by KAMIL KRZACZYNSKI / AFP via Getty Images Bloomberg reported Thursday that defense and aerospace business giant Boeing is unplugging its iconic double-decker 747 jumbo jet. It is a decision that has taken a long time to arrive. But it is not a surprise. The move was …
Read More »