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Besides the first 1,000 vehicles already running the new software, this update for Tesla's driver-assist technology is only operating in "non-actuating mode to assess reliability," Tesla CEO Elon Musk explained on Twitter. The full rollout of the new ... More »
In the past four quarters, Tesla shipped 76,000 automobiles, generated over $6 billion in revenue and registered $874 million in net income losses. Last year, General Motors Company (NYSE:GM) shipped 9.8 million automobiles globally. In the past four ... More »
The bearish thesis on Tesla is that if it can't be highly profitable now, it will only get worse when direct competition arrives. It will get so much worse that when competition arrives Tesla will face bankruptcy risk. This article shows one example of ... More »
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