factory

Tesla Shares Edge Lower After Musk Drops Two Car Colors

Tesla Shares Edge Lower After Musk Drops Two Car Colors

Tesla Inc. (NASDAQ: TSLA) shares edged lower on Tuesday after Chief Executive Officer Elon Musk tweeted late Monday night that the Company will have two of its vehicle color options at a special request for a higher price.“Moving 2 of 7 Tesla ..

iPhone Prices Could Rise 20% Under Trump’s Plan

iPhone Prices Could Rise 20% Under Trump’s Plan

iPhone prices will rise significantly if Apple Inc.(NASDAQ: AAPL) assembles the smartphone domestically, according to Bank of America Merrill Lynch.On Saturday, President Donald Trump tweeted Apple should manufacture its products in the U.S. to avoi..

Tesla Plan to Build Factory in China and Potential Dilemma

Tesla Plan to Build Factory in China and Potential Dilemma

Tesla Inc. (NASDAQ: TSLA) plans to build a new factory in China with the capacity to manufacture 500,000 electric vehicles per year. However, the factory and assembly line will take up to two years to build, according to a Tesla spokesperson.McKinse..

Tesla Tops Q1 Estimates; Shares Fall After Musk’s Unusual Call

Tesla Tops Q1 Estimates; Shares Fall After Musk’s Unusual Call

Tesla Inc. (NASDAQ: TSLA) reported its first quarter financial results and topped analysts’ estimates in both revenue and earnings, although net losses increased. Shares rose during after-hours on Wednesday, but shortly after Tesla CEO Elon Mu..

China’s Factory Industry at Seven-Month Low

China’s Factory Industry at Seven-Month Low

As demand and producer price gains slowed down in November, China’s industrial firms’ earnings trimmed down as well marking it the slowest pace in seven months. China is the world’s second largest economy with low income that has c..

Tesla to Build Factory in Shanghai

Tesla to Build Factory in Shanghai

Electric car manufacturer, Tesla Inc. (NASDAQ: TSLA), has confirmed the company has reached an agreement with the Shanghai municipal government to build a factory in the region, according to people familiar with the project, reported by the Wall Str..

U.S. Factory Orders Report Biggest Drop

U.S. Factory Orders Report Biggest Drop

U.S. orders reported their biggest drop in almost 3 years in July, at 3.3% due to a low demand for transportation equipment. Civilian aircraft orders also dropped 70.8% that month after a 129.3% gain a month before that. However, manufacturing is st..