Tesla is poised to join the S&P 500 after turning another profit; Elon Musk says its cars will become ‘5x more valuable’
Our mission to help you navigate the new normal is fueled by subscribers. To enjoy unlimited access to our journalism, subscribe today. Tesla reported its fourth quarterly profit in a row Wednesday, positioning the electric-car maker as a leader in an…
Tesla shares soar after positive earnings report and news it will build its Cybertruck in Austin, Texas
Tesla took another shot at its skeptics by delivering solid second-quarter earnings — and its fourth consecutive quarterly profit — even amid the coronavirus pandemic. The California-based automaker also announced on Wednesday that it will move ahead on…
Tesla hits milestone in reporting a profit for its fourth straight quarter
Tesla reported a profit for the fourth straight quarter on Wednesday, surpassing a key milestone for the perennially loss-making electric car company. The company reported net income of $110m for the second quarter with a net profit of $104m, which it…
Tesla Growth Is Musk’s Goal After Profit Positions Stock for S&P
(Bloomberg) — Tesla Inc. managed to stay profitable even in the midst of a global pandemic, but something is still nagging at Elon Musk: the electric-car maker isn’t growing fast enough. The positive quarterly earnings Tesla reported Wednesday were…
The Last Of The First-Gen Tesla Roadsters Is Listed For A Crazy Amount
⚡️ Read the full article on Motorious How could this make any sense? Sometimes you buy a car not as a mode of transportation but because you know it’s a symbol of something greater. People do this all the time with anniversary edition models, pace car…
Selfridges’s New Cycling Shop Has Everything You Need for a Modern Ride
Click here to read the full article. Selfridges has decided to switch gears and get into the e-bike game. The century-old department store just transformed its iconic Corner Shop into a cyclist’s paradise featuring all the latest and greatest…
Artist Mixes The Dodge Charger With The Lamborghini Aventador
⚡️ Read the full article on Motorious Is this the perfect Italian-American performance sedan? For some reason, Moparis a popular subject for many digital artists seeking to turn classic muscle cars into modern creations or cross one brand with another.…
Earnings Data Deluge
We see a reversal in the main stock indexes this morning from what we saw at yesterday afternoon’s close: the Nasdaq is now up while the Dow and S&P 500 are both down — all relatively marginally, considering the higher volatility we’ve gotten used to…
Man Unloads On C8 Corvette Owner About Global Warming
⚡️ Read the full article on Motorious Sadly, these types of things are a little too common. There’s little doubt one of the hottest cars for the 2020 model year is the C8 Corvette. With its new mid-engine configuration and absolutely blistering…
New Mercedes-Benz EQ crossover spied, looking EQC-sized
See Full Image Gallery >> Here’s a new Mercedes-Benz crossover for you to pore over. This mysterious electric Mercedes hasn’t been caught and photographed before, so this is our first look at it. Our eyeballs are telling us this crossover is around…