Mobile phone charging still viable, operators cash in at bus terminals The charging of mobile phones at various bus terminals remains a viable business venture in Accra. Some operators who spoke to TV3 news said demand is high at the markets and lorry parks despite reliable power supply currently enjoyed around the country. Erratic power … Read more
Tesla began delivering on a dream to make an electric car for the masses, rolling out its “Model 3,” aiming to disrupt a world accustomed to automobiles powered by pollution-spewing fossil fuel. An initial batch of the ‘Model 3’ cars that rolled out of the Tesla plant in Fremont, California late Friday were given to … Read more
General Motors regained its spot as the biggest US carmaker by market capitalization Thursday, amid greater investor skepticism that chipped away at rival Tesla Motors. Near 1845 GMT, GM had a market capitalization of $52.6 billion, about $1.9 billion more than the electric car maker, which had overtaken GM in April. GM shares dipped 0.6 … Read more
When General Motors CEO Mary Barra introduced the Chevrolet Bolt at the CES gadget show last year, she took a shot at Tesla. Buyers can be confident because Chevy has 3,000 U. S. dealers to service the new electric vehicle, she said. The implication was that Tesla, with just 69 service centers nationwide, can make … Read more
Tesla Motors overtook top US automaker General Motors in market capitalization Monday following an upbeat report by an investment analyst citing the electric carmaker’s “captivating” ability to stir investor and consumer enthusiasm. Near 1430 GMT, Tesla shares were up 3.1 percent at $311.93 for a market capitalization of $51.53 billion, more than $1 billion above … Read more
The electric car maker said that was a 70% rise on the same period of 2016. In a record quarter, Tesla delivered just over 25,000 cars in the first three months of the year. The electric car maker said that was a 70% rise on the same period of 2016. It is a rebound for … Read more
Tesla sold more than 25,000 vehicles in the first quarter, a record that beat analysts’ forecasts, the electric carmaker said on Sunday. The Palo Alto, California-based carmaker saw deliveries bounce back by 69 percent compared to a rough first quarter in 2016. Tesla produced 25,418 vehicles, a bit above its prior record in the third … Read more
Tesla on Wednesday announced plans to raise $1.15 billion in new funding to help fuel production of a mass market-targeted Model 3 electric car set for release this year. Tesla said that it planned to offer $250 million in common stock and $750 million in convertible notes, with underwriters being given the option to buy … Read more
Elon Musk, boss of electric car firm Tesla, says he can help solve South Australia’s power crisis within 100 days – and if not he’ll do it for free. The offer follows a series of blackouts in the state. On Thursday, Tesla executive Lyndon Rive had said the company could install 100-300 megawatt hours of … Read more
Tesla reported on Wednesday that it slipped back into the red in the recently ended quarter while revenue revved, with orders for some of electric car models hitting record highs. The company forecast that demand for its cars would show strong growth in the first half of this year, and shares rose more than 1.5 … Read more
1. Walmart earnings: On Tuesday, Walmart (WMT) will release its fourth quarter earnings report. Walmart is on a tear lately, exceeding analysts’ profit expectations over the past four consecutive quarters, But Walmart is facing fierce competition from e-commerce retailers like Amazon. That’s why investors will be closely monitoring Walmart’s progress in integrating e-retailer Jet.com. They’ll … Read more
A feud between Elon Musk and the United Automobile Workers revved up on Friday as the group denied his accusation they planted a mole to unionize Tesla employees. The UAW statement was the latest twist in a saga triggered by an online post by a man who claimed to work at Tesla’s plant in California … Read more