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.
All participants of global meeting on Syria arrive in Astana
Kazakh Foreign Ministry Spokesman Anuar Zhainakov also told TASS that United Nations Special Envoy for Syria Staffan de. It is the seventh round of talks in what is referred to as the Astana peace process for Syria .
Stars Turn Out for Chester Bennington Tribute by Linkin Park
Blink-182, Avenged Sevenfold , Takahiro " Taka " Moriuchi of ONE OK ROCK , and Deryck Whibley were some of those who performed. Mike Shinoda was able to complete his part of the song, but he needed a little help.so the crowd filled in with Chester's bit.
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.
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 02 2017
Man arrested after 9 bodies, 2 severed heads found in Tokyo flat
Shiraishi allegedly told the police that he cut up the bodies in the bath, disposing of some body parts in the garbage. A police official said a toolbox and saw found in Shiraishi's apartment may have been used to dismember the bodies.
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 29 2017
Steam Digital Gift Cards Now Available
And in the very unlikely event of the gift card being rejected, Steam will issue a full refund into your Steam Wallet. This isn't a problem in and of itself, but it does mean that non-Steam users are still tied to physical gift cards.
Oct 27 2017
Flu shots at the ready
In British Columbia , health-care workers must get the vaccine or wear a face mask during flu season. If soap and water are not available, use an alcohol-based hand rub.
Oct 27 2017
National Park Service considering hiking entry fees at 17 parks
Increases to fees at Mount Rainier , Rocky Mountain , and Shenandoah National Parks will take effect on June 1. The proposal comes less than two years after numerous parks that charge entrance fees became more costly.
Oct 26 2017
Microsoft kills Kinect, its motion control camera for Xbox and Windows
The full body tracking of the Kinect lent itself very nicely to certain genres of games , one of which was dancing. This isn't surprising since there weren't a lot of games that utilized the technology in recent years.
Oct 26 2017
Laptop Found in Las Vegas Gunman's Hotel Room Missing Hard Drive
Court records show Bruce Paddock has previous convictions for vandalism, criminal threats and theft, according to NBC News . Another brother, Eric Paddock, spoke to the media after the shooting, but Bruce Paddock did not.
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.
Nov 01 2017Champions League: Wait over, Dele Alli wants to make most of return
Nov 01 2017Apple Releases iOS 11.1 And macOS 10.13.1 To Fix KRACK
Oct 30 2017Astros' Yuli Gurriel Suspended For Racist Gesture
Oct 29 2017Surprising Short Runtime For Rajinikanth's 2.0
Oct 28 2017Outrage Grows After Girl Denied Trophy for Winning Boys' Event
Oct 28 2017Aaron Rodgers: Anthony Barr gave me the finger, "suck it" sign
Oct 28 2017Singapore passport to have new design, additional security features
Oct 25 2017Steelers receiver Martavis Bryant still seems pretty unhappy
Oct 25 2017General Motors Company (GM) Backs Outlook As Q3 Earnings Top View
Oct 22 2017Pakistani journalist Zeenat Shahzadi allegedly kidnapped since two years, rescued
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 2017Trump to declare opioids a public health emergency
Oct 28 2017WTA Finals: Caroline Garcia beats Caroline Wozniacki; Elina Svitolina beats Simona Halep
Oct 27 2017Indonesia fireworks factory disaster kills at least 47 people
Oct 26 201714th National Take-Back Initiative
Oct 25 2017Two House Panels Launch Investigation Into FBI's 2016 Decisions
Oct 24 2017Gemma Collins falls down a hole during an awards show
Oct 24 2017Taylor Swift Goes TOTALLY Naked In New Music Video
Oct 23 2017Egyptian police officers killed in shootout in Giza
Oct 23 2017Trump slams National Football League for not forcing players to stand for U.S. anthem
Oct 22 2017Katy Perry Gets Stuck in the Air During Her Concert