model

Layoffs in Lego Land; First Reported Losses in Over a Decade

Layoffs in Lego Land; First Reported Losses in Over a Decade

Lego announces today that they will be laying off up to 1,400 of their 18,200 employees worldwide  – Roughly 8 per cent of the company’s staff – as they plan to revamp a business model that, while it has helped keep Lego relev..

Tesla Shares Up After Analyst Updates Price Target

Tesla Shares Up After Analyst Updates Price Target

Tesla Inc. (NASDAQ: TSLA) shares up almost 2% Monday, after Baird analyst Ben Kallo reiterated his outperform rating and raised his price target for Tesla shares to $411 from $368, representing 15 percent upside from Friday's close, according to..

Tesla Shares Fall After Driver Claims Autopilot Caused Crash

Tesla Shares Fall After Driver Claims Autopilot Caused Crash

Tesla Inc. (NASDAQ: TSLA) shares fell on Monday after a Minnesota man claimed his vehicle suddenly accelerated after he engaged the car’s driver-assistance system and crashed into a marsh.Dave Clark, 58, told police the 2016 vehicle left the r..

Tesla Stock in Correction Mode

Tesla Stock in Correction Mode

Tesla Inc. (NASDAQ: TSLA) stock fell more than 3% Monday. During the National Governors Association summer meeting, which took place Saturday, CEO Elon Musk commented on Tesla’s impressive stock market rally year to date – up more than 5..

Tesla Inc. Shares Down Sharply After Goldman Sachs Downgrade

Tesla Inc. Shares Down Sharply After Goldman Sachs Downgrade

Tesla Inc. (NASDAQ: TSLA) took a beating this morning as Goldman Sachs Group Inc (NYSE: GS) analysts have downgraded the stock, issuing a valuation of $180 down from previous stance of $190.The automaker had posted record prices earlier this year, a..

Tesla begins production of Model 3

Tesla begins production of Model 3

Tesla Motor Inc. (NASDAQ: TSLA) passed all regulatory requirements for the production of its first mass-market car, the Model 3, according to CEO Elon Musk on Sunday night.The company’s shares were up 3 percent in premarket trading on Monday a..

High-Tech Dashboards to Boost Electronics Market in Auto Industry

High-Tech Dashboards to Boost Electronics Market in Auto Industry

There is a race amongst auto supply companies to provide a new high-tech dashboard for the next models of cars.Current dashboards in auto vehicles, crammed with digital features such as navigation and entertainment systems, are composed of parts fro..