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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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It's called the GPV Colonel, and it was originally manufactured by a company called General Purpose Vehicles in Michigan. A quick internet search shows the manufacturer builds several such vehicles designed for military use, but exactly how Yadlowsky and his partners came upon this particular machine is something of a mystery. Another quick internet search shows Yadlowsky and GPV headquarters are only about 45 miles apart, so that could have something to do with it.. ....
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....
