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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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Junior's Auto Repairs

Boring Company 1.1-Mile Tunnel

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.".....

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Junior's Auto Repairs

American Car Brands and Consumer Reports' 2018

At the top are Lexus and Toyota once again, with the GX as the most reliable Lexus and the Prius C as the most reliable Toyota. Subaru, Kia, and Infinity have also stayed in the top six spots, though Mazda made a huge leap from 12 to number three. That leap, CR says, comes courtesy of Mazda “[working] out problems that plagued the CX-9 SUV and MX-5 Miata roadster.”....

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Junior's Auto Repairs

First Place in 2020 J.D. Power

Kia and Dodge tied as the best in the annual J.D. Power Initial Quality Study, each averaging just 136 problems in the first 90 days of ownership per 100 cars....

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