Nov 02 2017
One such vehicle is the Model X and the other is the Model S.
"While we continue to make significant progress each week in fixing Model 3 bottlenecks, the nature of manufacturing challenges during a ramp such as this makes it hard to predict exactly how long it will take for all bottlenecks to be cleared or when new ones will appear", the company said in a letter to investors.
Money-losing Tesla's long-term viability depends on the Model 3, its new sedan that starts at $35,000, about half the price of its flagship Model S.
"We continue to make progress resolving early bottlenecks related to these issues, and there remain no fundamental problems with our supply chain or any of our production processes", Tesla said in the letter.
Model 3 production delays mean postponed sales could exacerbate the company's cash burn, which Tesla estimated at $1 billion in the upcoming quarter.
Nomura restated their buy rating on shares of Tesla Inc.
Tesla's negative free cash flow expanded to -$1.4 billion, more than analysts' forecast for -$1.2 billion.
Aaron Rodgers: Anthony Barr gave me the finger, "suck it" sign
That sound you just heard was hundreds of JS commenters deleting their latest Aaron Rodgers tirades. "Sometimes you exaggerate. Despite the league's non-punishment, Rodgers and Packers coach Mike McCarthy have chided Barr after the fact.
Gemma Collins falls down a hole during an awards show
I was watching you a little while ago! Collins did not appear to notice and slipped, taking a nasty tumble into the hole. Earlier in the night, Collins had a fall when she was presenting an award to the stars of Love Island for Best TV Show.
Trump slams National Football League for not forcing players to stand for U.S. anthem
However, the league said it will not mandate that players stand for the anthem. " wrote Mr. Donald Trump is continuing his attack on players who protest during the national anthem.
Tesla reported a wider-than-expected third-quarter loss, the largest in its history. However Tesla plans to produce about 10 percent fewer cars of both models in the fourth quarter as more resources shift toward Model 3.
In Q3, we delivered the 250,000th Tesla.
Tesla's continued need for cash is exacerbated by Musk's insistence on vertical integration, such as making its own batteries and selling cars directly to customers.
Tesla posted a net loss of $619.4 million, or $3.70 per share, for the third quarter ended September 30 compared with a profit of $21.9 million, or 14 cents per share, a year earlier. Shares of far larger automaker General Motors have climbed about 23 percent, while Ford shares are up almost 2 percent. But the company produced just 220 Model 3s in the third quarter, far less than the 1,500 Musk promised.
There were reports last month that people on the waiting list were selling their US$1,000 reservations for as much as US$4,000 as new buyers looked for ways to jump the queue.
The company released the official results today delivering on revenue of ~$2.9 billion and missed on earnings with a loss of $3.70 per share (GAAP). Installations of its energy-storage units rose 138% year-on-year in the third quarter, driven by the Powerwall.
Nov 01 2017
Rappers and Singers' Best Halloween Costumes of 2017
Kim Kardashian has already slayed in three separate costumes this year-and it isn't even Halloween yet. Did Kim K culturally appropriate? "At the end of the day, she's still the mother of his children".
Oct 31 2017
Blow for Man United as Jose Mourinho provides Paul Pogba injury update
They go to Chelsea on Sunday in the Premier League but Mourinho said: "Nobody here thinks about another match than Benfica ".
Oct 30 2017
Winx wins Cox Plate for third straight year
Jockey Hugh Bowman was caught wide in the early stages before easing Winx to settle fifth in the running line. She would give the race the X-factor and we've spoken to the owners so they can think about it".
Oct 30 2017
Astros' Yuli Gurriel Suspended For Racist Gesture
I think that we all, all need continuing reminders and education in this area as to what's appropriate and not appropriate. Said Manfred: "There is no place in our game for the behavior or any behavior like the behavior we witnessed last night".
Oct 29 2017
Trump to declare opioids a public health emergency
Republicans praised the efforts, while Democrats criticized the lack of funding. Chris Christie , is set to release its final recommendations on November 1.
Oct 27 2017
Indonesia fireworks factory disaster kills at least 47 people
The blaze took hold at around 09:00 local time (02:00 GMT), at an industrial complex in Tangerang, west of the capital Jakarta. The blaze has been brought under control, but the exact number of casualties is still being confirmed, the BBC reported.
Oct 24 2017
Taylor Swift Goes TOTALLY Naked In New Music Video
As RadarOnline.com has learned, the star shared a teaser for her " Are You Ready For It? " music video this Monday on Instagram . The teaser is just a brief glimpse of what is to come ahead of the release of the full video, from her new album Reputation .
Oct 23 2017
Pollution kills more people each year than war, AIDS, and malaria combined
Previous reports have documented the health cost of environmental damage according to individual types of pollutants. People who are sick or dead can not contribute to the economy.
Oct 22 2017
Liam Payne: Cheryl Tweedy is a 'fantastic' mum
Earlier this year Liam , who became a dad for the first time in March of this year, opened up about Cheryl trying to dump him. However, they'd actually met many years before, when Liam auditioned for TV talent show The X Factor when Cheryl was a judge.
Oct 22 2017
Katy Perry Gets Stuck in the Air During Her Concert
Katy Perry performs some of her greatest hits and new music onstage at Madison Square Garden on October 2, 2017 in New York City. For his latest gig, the country singer has joined Katy Perry and Lionel Richie on the judging panel of the rebooted talent show.
Nov 01 2017All participants of global meeting on Syria arrive in Astana
Nov 01 2017Apple Releases iOS 11.1 And macOS 10.13.1 To Fix KRACK
Oct 31 2017Israel Neutralized A Terror Tunnel From Gaza Into Israel
Oct 30 2017Stars Turn Out for Chester Bennington Tribute by Linkin Park
Oct 28 2017Outrage Grows After Girl Denied Trophy for Winning Boys' Event
Oct 28 2017Singapore passport to have new design, additional security features
Oct 27 2017Flu shots at the ready
Oct 27 2017National Park Service considering hiking entry fees at 17 parks
Oct 25 2017Steelers receiver Martavis Bryant still seems pretty unhappy
Oct 25 2017Two House Panels Launch Investigation Into FBI's 2016 Decisions
Nov 02 2017Man arrested after 9 bodies, 2 severed heads found in Tokyo flat
Nov 01 2017New Far Cry 5 trailer is all about the co-op mode
Oct 31 2017IAEA has not requested new inspections, says Iran
Oct 29 2017Surprising Short Runtime For Rajinikanth's 2.0
Oct 29 2017Steam Digital Gift Cards Now Available
Oct 28 2017WTA Finals: Caroline Garcia beats Caroline Wozniacki; Elina Svitolina beats Simona Halep
Oct 26 2017Microsoft kills Kinect, its motion control camera for Xbox and Windows
Oct 26 201714th National Take-Back Initiative
Oct 26 2017Laptop Found in Las Vegas Gunman's Hotel Room Missing Hard Drive
Oct 25 2017General Motors Company (GM) Backs Outlook As Q3 Earnings Top View
Oct 24 2017Group Voice Calls On WhatsApp Soon! Get Ready For Conference Calling
Oct 23 2017Egyptian police officers killed in shootout in Giza