production

iPhone Production Boost Canceled

iPhone Production Boost Canceled

Apple, Inc. (NASDAQ: AAPL) ordered Pegatron and Foxconn to halt its plans for additional production lines dedicated to the iPhone XR.  Shares of apple continue to fall from its financial statement last week.  The cheapest of the three new ..

Tesla Faces Another Criminal Probe Over Model 3 Production Numbers

Tesla Faces Another Criminal Probe Over Model 3 Production Numbers

The FBI is reviewing Tesla Inc.’s (NASDAQ: TSLA) Model 3 production numbers as part of an ongoing criminal probe into whether the Company misled investors.On Wednesday, Tesla reported record quarterly profit as increased output of its Model 3s..

Tesla Shares Dip After Saudi Arabia Invests USD 1 Billion in Lucid Motors

Tesla Shares Dip After Saudi Arabia Invests USD 1 Billion in Lucid Motors

Shares of Tesla Inc. (NASDAQ: TSLA) slid as much as 2% after Saudi Arabia's public investment firm announced a USD 1 Billion investment in rival Lucid Motors.The Kingdom's Public Investment Fund had previously been in talks with Tesla around..

Tesla Finally Reaches Production Target

Tesla Finally Reaches Production Target

Tesla Inc (NASDAQ: TSLA) announced Monday that it has finally reached its desired production milestone, in the last seven days of Q2, Tesla produced 5,031 Model 3 and 1,913 Model S and X vehicles. Tesla also raised its production target for the Mode..

Tesla Tops Q1 Estimates; Shares Fall After Musk’s Unusual Call

Tesla Tops Q1 Estimates; Shares Fall After Musk’s Unusual Call

Tesla Inc. (NASDAQ: TSLA) reported its first quarter financial results and topped analysts’ estimates in both revenue and earnings, although net losses increased. Shares rose during after-hours on Wednesday, but shortly after Tesla CEO Elon Mu..

Tesla Shares Rise on Stronger than Expected Q1 Vehicle Production

Tesla Shares Rise on Stronger than Expected Q1 Vehicle Production

Tesla Inc. (NASDAQ: TSLA) shares rose by over 7 percent during Tuesday’s pre-market hours after the electric vehicle manufacturer reported stronger than expected first quarter vehicle production numbers.In the first quarter, Tesla produced 34,..

Hundreds of Tesla Employees Fired

Hundreds of Tesla Employees Fired

Tesla Inc (NASDAQ: TSLA) Model 3 electric car is off to a rocky start, it seems, with the company having to fire hundreds of employees recently. It appears that the manufacturing of the Model 3 is not going on at the pace that would be desirabl..