Tesla investors making mistake by ignoring factory shutdown: expert - Business Insider

said during the electric-car maker's first-quarter earnings call that the closure of Tesla's Fremont, California, car factory is a significant risk for the company, investors didn't appear to heed his warning.

If the Fremont factory remains closed, Tesla will have to pay the money it owes suppliers without taking in much revenue, Whiston said. Though the company's new factory in Shanghai has reopened, it can't replace the Fremont plant's output, and Tesla does not yet have a factory in Europe , he added. Musk said during the first-quarter earnings call that the Fremont plant makes the "vast majority" of Tesla's vehicles.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

5 money mistakes millennials make, according to CFP - Business InsiderMany millennials aren't saving enough for retirement — or saving anything at all — and missing out on employer-sponsored 401(k) plans and matches. Most of them don't have Wills either - such a damn shame! Should we take this more seriously? Any thoughts guys? karinaoctavina agustiantrg Most millennials don’t trust financial institutions and purchase car/renters insurance online directly. Maybe there should be a more millennial focused life insurance product?
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

How 4 businesses are meeting higher demands during COVID-19 - Business InsiderIndustries like gardening and security services are busier than ever during the pandemic. Here's how 4 small businesses are meeting higher demands. (via Inc)
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »