Tesla beats estimates for fourth-quarter deliveries
Tesla Inc beat Wall Street estimates for vehicle deliveries in its fourth quarter on Friday, boosted by higher demand for its mass-produced Model 3 sedans.
Tesla Inc beat Wall Street estimates for vehicle deliveries in its fourth quarter on Friday, boosted by higher demand for its mass-produced Model 3 sedans.
Tesla said it delivered 112,000 vehicles in the fourth quarter, including 92,550 Model 3 sedans and 19,450 Model S/X SUVs, which was above expectations of 104,960 vehicles, according to IBES data from Refinitiv. Tesla delivered 92,550 Model 3s in the quarter, beating analysts’ average estimates of 85,488, according to IBES data from Refinitiv. The Model 3 is Tesla’s most affordable car, with lower-range versions available starting at $35,000. …read more […]
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Despite being one of the world’s most-recognizable executives, former Nissan chairman Carlos Ghosn probably embarked onto a private jet from a quiet lounge in Japan’s third-largest airport on his astonishing escape from a fraud trial.
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Sunrise Communications chief executive Olaf Swantee has quit and Chairman Peter Kurer said he will not run for re-election after a shareholder uprising blocked the group’s $6.3 billion bid for Liberty Global’s Swiss cable unit.
Axon Enterprise Inc on Friday sued the U.S. Federal Trade Commission in a bid to have potential antitrust litigation heard in a federal district court and not in an internal FTC process that it alleges is biased toward regulators.
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(Bloomberg) — A salacious three-year legal battle involving a former partner at Sequoia Capital, a onetime exotic dancer and a promised $40 million hush money payment has come to an end.A California Superior Court judge ruled in favor of venture capitalist Michael Goguen, finding his former mistress Amber Laurel Baptiste committed fraud and extortion when she threatened to publicize a false claim that he gave her a sexually transmitted infection. The judge ordered Baptiste to pay back the full $10.25 million she got from Goguen. After a three-day trial that Baptiste didn’t attend, the court also approved a restraining order …read more […]
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British retailer Marks & Spencer on Friday named former Tesco executive David Surdeau as its interim chief financial officer, temporarily filling a void left by the departure of Humphrey Singer.
Louis Vuitton, the world’s biggest luxury goods brand by sales, is preparing to shut one of its shops in Hong Kong where protests have hit demand as high rental costs bite, the South China Morning Post newspaper reported on Friday.
Oil prices jumped more than $3 on Friday after a U.S. air strike in Baghdad ordered by President Donald Trump killed the head of Iran’s elite Quds Force, sparking concerns for an escalation of regional tensions and disruption to crude supplies.
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