Tesla disappoints; Earnings parade; ECB takes center stage

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Today’s top business headlines: - Facebook to pay $5 billion over privacy breaches - Amazon has 'destroyed' retail, Mnuchin says - Private equity has killed 1.3 million retail jobs - DoorDash to change tipping model

London 1. Tesla bleeds: Even after delivering a record number of cars in its second quarter, Tesla is still bleeding money.

The electric carmaker said Wednesday that it lost $408 million during the three months ending in June, far worse than Wall Street had expected. Shares fell more than 10% in premarket trading.The loss was slightly less painful than the previous quarter, when Tesla lost $702 million.CEO Elon Musk also announced a key departure. J.B. Straubel, a founding member of the company, is stepping down from his role as chief technology officer and will become a senior adviser.

 

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Who is Facebook paying the $5B too The users or government?

Mark, I’ll be waiting for my check. Thanks bud!

where is the money going .. i want to see 5 billion dollars accountable for some real good in this world.. not endless parties and oregies. beat hunger and poverty...

I am pissed because companies I’ve never heard of were running in the background & using my page/information to push their product. I tried to turn this feature off but it keeps reverting back & trying to delete one by one was impossible, too many.

Billionaires are a failure of capitalism

Do users of Facebook see that money or is it just a money grab for the government?

این خبر را خلاصه کرده ایم تا بتوانید سریع آن را بخوانید. اگر به خبر علاقه مند هستید، می توانید متن کامل را اینجا بخوانید. ادامه مطلب:

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Similar News:همچنین می توانید اخبار مشابهی را که از منابع خبری دیگر جمع آوری کرده ایم، بخوانید.

Tesla set to report second-quarter earnings after the bellTesla is set to report second quarter earnings after the bell. Analysts expect revenue of $6.41 billion, losses per share of 40 cents, according to Refinitiv. Too soon elonmusk or too real?
منبع: CNBC - 🏆 12. / 72 ادامه مطلب »

Tesla is about to report 2nd-quarter earnings — here are 3 things to look forAnalysts expect Tesla to post a loss for Q2. Analysts also expect Tesla's revenue to rebound on improved Q2 vehicle deliveries. In a worst case scenario, I have Tesla at reporting a -$80 million loss, but in a best case, a $289 million gain: CivicScience has been tracking consumers’ attitudes toward Tesla since 2015, and the numbers from the past year highlight a resurgence for the brand. $TSLA
منبع: BusinessInsider - 🏆 729. / 51 ادامه مطلب »

This one number in Tesla's earnings report Wednesday will make or break the stock, Citi saysCitigroup thinks Tesla investors hoping for a post-earnings rally later this week should scrutinize a pair of related financial metrics. In a worst case scenario, I have Tesla at reporting a -$80 million loss, but in a best case, a $289 million gain:
منبع: CNBC - 🏆 12. / 72 ادامه مطلب »