Tesla Stock Drops Amid Mixed Quarterly Results, Model 3 Bottlenecks – TheStreet.com

Shares of Tesla (TSLA) fell after hours Wednesday as the company missed on earnings and pushed out some of CEO Elon Musk’s ambitious production targets. For the quarter, Tesla posted an adjusted earnings loss of $2.92 per share, substantially worse than the shortfall of $2.31 that analysts surveyed by FactSet expected. Revenue of $2.98 billion [...]

Asian shares up on Fed optimism, sterling firms ahead of expected BOE hike – Reuters

TOKYO (Reuters) – Asian shares inched higher on Thursday after the U.S. Federal Reserve said economic growth was solid, virtually cementing the case for a December rate rise even as investors braced for what is expected to be the Bank of England’s first hike in more than 10 years. Futures hinted at weaker openings for [...]

Under Armour’s terrible year just got worse – Washington Post

A woman runs past an Under Armour store in downtown Chicago on Oct. 16. (Christopher Dilts/Bloomberg) Americans, it seems, are over Under Armour. The onetime darling of the athletic wear industry on Tuesday announced that sales are down for the first time since 2005, even as it makes an aggressive push to expand into mainstream chains like DSW, [...]

Strangers who met on Delta flight cited for having sex in their seats – New York Daily News

Two Delta passengers got a little frisky in their seats leading to an FBI investigation and a citation. The unidentified male passenger, 28, and the unidentified woman, 48, were complete strangers before meeting on a flight Sunday from Los Angeles to Detroit. Officals told Click 2 Detroit the woman was catching a [...]

The Math Won’t Add Up For Winner In Amazon HQ2 Contest – Forbes

Jeff Bezos, chief executive officer of Amazon, arrives for the third day of the annual Allen & Company Sun Valley Conference, July 13, 2017 in Sun Valley, Idaho. (Photo by Drew Angerer/Getty Images) On the promise of 50,000 jobs with average wages of over $100,000 plus $5 billion or more in investment for buildings and equipment, [...]

Tesla is struggling to build the Model 3 — here’s why – Business Insider

The Tesla Model 3.Timothy Artman/Tesla Tesla’s third-quarter delivery numbers were both impressive — and depressing. The carmaker is on pace to sell 100,000 vehicles in a year for the first time in its 14-year history. But it’s also far, far behind with the production of its new Model 3 sedan, the vehicle that’s supposed to [...]

Musk Delays Tesla Semi Debut To Fix Model 3 Production ‘Hell’ – Forbes

Noah Berger/Bloomberg Elon Musk is pushing back the public debut of Tesla’s electric Semi until the company sorts out snags in Model 3 production. Entrepreneurial action junkie Elon Musk predicted it would be “manufacturing hell” to quickly ramp up Model 3 electric car production this year. Days after Tesla said it fell short of its initial [...]

US Lost 33000 Jobs in September; Unemployment Rate Dips to 4.2% – New York Times

That pattern held true for Bruce Gropper, who runs Right at Home, a home-care franchise in Palm Beach, Fla. Advertisement Continue reading the main story “We put our hiring on hold” because of the weather, Mr. Gropper said, adding that many of the 50 to 75 caregivers who work for him and would typically have [...]

Why Netflix is raising prices again and what it could mean for cord-cutting – Washington Post

Netflix said Thursday that it’s raising the prices of its U.S.-based streaming plans — a move that could disappoint some fans even as it helps support the costly original programming that’s made the service so popular in recent years. The cost of the streaming video giant’s basic plan, at $8 a month, will remain unchanged. But its standard plan [...]

Elon Musk Says Tesla Could Get Puerto Rico’s Lights Back On – Fortune

Elon Musk Says Tesla Could Get Puerto Rico’s Lights Back On – Fortune

Elon Musk may be about to add humanitarian relief worker to his already-impressive resume. Musk tweeted Thursday that Tesla tsla could help provide a long-term solution to rebuilding Puerto Rico’s electrical grid, which was devastated when Hurricane Maria struck Puerto Rico on Sept. 20, causing widespread damage and island-wide blackouts. Two weeks after the storm [...]

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