JarAutoNews

Tesla, Profits, Self-Driving Subscription



Tesla, Profits, Self-Driving Subscription

Despite its flagship Fremont, California, factory being shut down since March 23, Tesla announced it posted a $16 million profit during the first quarter of 2020. It's the first time the company has made a profit during the first quarter, which is traditionally a slow period. Also, it was able to eke this out despite shutdowns at its Shanghai and Fremont sites. This and a few news nuggets were announced during an investor call on Wednesday, April 29, including a new timeline for Full Self Driving (FSD), an upcoming Gigafactory announcement, and a Model 3 price drop in China...
read more...
2020-Aston-Martin



Tesla
Tesla

read more...

Menu

Other News

Junior's Auto Repairs

188k+ Remains Missing

East Rutherford police say anyone turning in money won't be prosecuted, but that anyone seen on surveillance video taking money who doesn't turn it in could be arrested. About $188,000 remained unreturned this week......

read more..

Junior's Auto Repairs

Chevy Corvette Sold for $3 Million at Auction

We've seen this before: automakers offering the first example of a highly anticipated new model up for auction to benefit a charity...

read more..

Image

Schedule Appointment Today!

Have your Vehicle Services or Repaired Today!