Lexus made a name for itself building unimpeachably well-engineered and well-built luxury cars that were also, let's be honest, a little bit beige. Impressive values, sure, and cool in their own normcore way (I'd love to have a Floridian grandpa-style early 1990s LS, personally), but beige. ....
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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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