Elon Musk delivers on promise, Tesla’s earning beat analyst’s estimate

With wider margins, a rise in net profits, and a positive cash flow, Elon Musk has delivered on his promise. Here’s the low down on how Tesla’s Chief Financial Officer Deepak Ahuja and Musk managed Tesla’s operations in a capital efficient manner.   In a significant development, Tesla’s Chief Executive Elon Musk delivered on his…

Long term short-seller Citron Research now bets on Tesla

Although Tesla’s critics have focused on Elon Musk’s behavior, the numbers coming out of Tesla are pretty compelling. In an interesting turn of events, long-time Tesla short seller and critic Citron Research, in its research note stated it is betting that the electric automaker’s stock will rise. With the news reaching the market, Tesla Inc’s…

Investor concerns dogs Chinese electric carmaker – NIO Inc’s U.S. IPO

Worries over Tesla’s production are casting their shadow over other electric carmakers who are aiming to produce low-cost mass-market cars. As per sources familiar with the matter at hand, in NIO Inc’s U.S. IPO, the Chinese electric vehicle startup priced its shares at the bottom of its targeted price range due to investor concerns of…

Tesla Inc hires Snap Inc’s VP of Monetization Engineering

Tesla has hired Snap Inc’s Stuart Bowers who will now be its vice president of engineering. Electric carmaker Tesla Inc stated it has hired Stuart Bowers, Snap Inc’s vice president of monetization engineering, as its VP of engineering. He will work on Tesla’s Autopilot software and other projects. In recent days, several senior executives have…