Tesla (NASDAQ:TSLA) Burning Money, Posts Biggest Quarterly Loss Ever

Tesla (NASDAQ:TSLA) Burning Money, Posts Biggest Quarterly Loss Ever

Tesla (NASDAQ:TSLA) Burning Money, Posts Biggest Quarterly Loss Ever $TSLA, $GM, $F Wednesday, Tesla Inc. (NASDAQ:TSLA) said it has revised production targets for its Model 3 electric sedan, posting its worst-ever Quarterly loss, and warned that its spending would increase this year. Money-losing Tesla’s long-term ability to survive depends on annually selling billions of dollars […]

General Motors Company (NYSE:GM) and the Self Driving Car

General Motors Company (NYSE:GM) and the Self Driving Car

General Motors Company (NYSE:GM) and the Self Driving Car Regulators will “carefully and responsibly” review General Motors’ request to test an autonomous car without a steering wheel, US Transportation Secretary Elaine Chao said Sunday. “It is now coming to the stage with the rapid advancement of self-driving technology that this request is now a reality,” […]