Last week was a difficult one for Tesla. After the carmaker waged a public war of words with federal safety regulators, CEO Elon Musk picked a Twitter fight with a magazine and may have improperly revealed financial information.
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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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After a short discussion about the Leh Keen’s lap in the cop car, the group moves onto the Honda Civic Type R, which will run the same course. There’s a brief introduction of the car that explains why it’s such a capable front wheel drive performance machine. Then, like the cop car, Keen puts it through the paces.....
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