Tesla Rival Byton Unveils ‘Smartphone on Wheels’

An electric car startup based in China has revealed an ambitious smart vehicle concept that it claims outperforms Tesla in terms of “digital power.” The Byton car, pitched by its makers as an Apple-inspired “smartphone on wheels,” was unveiled at the Consumer Electronics Show (CES) in Las Vegas on Sunday. The electric car was designed by… Please follow and like us:

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Top News Before the Market Opens

Top News Before the Market Opens Fiat Chrysler soars on Chinese interest. Representatives of a well-known Chinese automaker made at least one offer this month to buy Fiat Chrysler Automobiles at a small premium over its market value, Automotive News has learned. The offer was rejected for not being enough, a source said. Meanwhile, other sources… Please follow and like us:

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Tesla May Set Up A Gigafactory In China

Tesla Motors Inc. held its second quarter financial results 2017 earnings call for investors Wednesday. The company’s CEO Elon Musk delineated plans for Tesla Motors, Tesla Solar Roof, and even space, but in the earnings call, he revealed a future strategy for the company — setting up a Gigafactory in China and Europe. “We’re thinking hard… Please follow and like us:

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Tesla Model 3 To Roll Off Production Line 2 Weeks Early: Elon Musk

The first Tesla Model 3 car will roll off the production line this week, Tesla CEO Elon Musk announced on Twitter. Elon also announced that the first 30 customers of Model 3 will receive their new cars on July 28 at a handover party. While the company is scaling up its Model 3 production, according to… Please follow and like us:

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Elon Musk Tells Tesla Shareholders To Expect The Model Y And More Growth

This article originally appeared on the Motley Fool. Shares of Tesla (NASDAQ:TSLA) have been rising at an incredible rate recently, up about 91% in the past six months. It’s a great time, therefore, to hear from Tesla’s CEO at the company’s annual shareholder meeting; among other topics this week, Elon Musk explained Tesla’s retail-store expansion plans,… Please follow and like us:

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Tesla employees raise concerns as production set to jump

FREMONT, Calif. — As Tesla sets aggressive new production goals, its workers are sending a clear message: Don’t forget about us. Several Tesla employees in recent weeks have shared stories of workplace injuries and have called for the electric vehicle maker to improve safety standards. Tesla CEO Elon Musk maintains that worker safety and satisfaction remain… Please follow and like us:

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Tesla ‘on track’ to begin building Model 3 in July

Tesla has reported a loss for the last three months of 2016 – but revealed production of its much anticipated Model 3 is still on track. Tesla posted its first profit in three years in last year’s third quarter and had predicted net income in the fourth quarter, but instead, Tesla lost $121.3 million, or 78… Please follow and like us:

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Wall Street Is Not Impressed With Tesla’s Incredibly Weird Business Model

Analysts are growing increasingly pessimistic about Tesla’s outlook, according to an analysis by Bloomberg. A disturbingly high number of analysts do not expect the electric company’s value to increase over time. More than 14 analysts expect Tesla’s valuation to fall $48 below its current stock price, the outlets report noted. Bloomberg’s report suggests analysts are expressing… Please follow and like us:

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