As the Tesla Inc. go-private saga enters its ninth day, many are wondering when regulators will decide whether Elon Musk broke the rules by dripping out details so haphazardly.
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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...
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The new tunnel was excavated along a path that runs not through Los Angeles but beneath the tiny adjacent municipality of Hawthorne, where Musk's Boring Company and his SpaceX rocket firm are both headquartered. Musk, best known as head of the Tesla electric car manufacturer and energy company, launched his foray into public transit after complaining on Twitter in December 2016 that L.A.'s traffic was "driving me nuts," promising then to "build a boring machine and just start digging.".....
At launch, the Cayenne Coupe will come in three different flavors. The base model, which packs a turbocharged V6........