Electric-vehicle pioneer Tesla reports earnings after the stock market closes on Oct. 23. Analysts and investors will be eager to hear about fourth quarter deliveries and profit margins. But any comments about a new Tesla model will garner attention too.
RBC analyst Joseph Spak has been speaking with clients and noted an uptick in Model Y discussions recently. “According to the Tesla [ticker: TSLA] website, the vehicle is expected to begin production in late 2020,” wrote Spak in a Friday research report. “However, some clients have been telling us they expect Model Y production to begin earlier.”
The Y is a smaller sport-utility vehicle, or so-called crossover, smaller than Tesla’s Model X and comparable to Bayerische Motoren Werke’s (BMW.Germany) X3. The German luxury auto maker (and key Tesla competitor) sold almost 180,000 X3 and X4 crossovers in the first half of 2019, up 80% year over year.
The crossover category is growing fast, now accounting for more U.S. sales than similarly sized sedans. “We are doing really well [in the category],” said BMW Chief Financial Officer Nicolas Peter on the company’s second-quarter earnings conference call.
“We believe [Wall Street] is expecting the Model Y ramp to occur more slowly than the Model 3, which we believe may be overly conservative,” wrote Baird analyst Ben Kallo in a Thursday research report. “If Tesla reiterates its production timeline of Fall 2020 we think it would be a positive catalyst.” Kallo rates Tesla shares the equivalent of Buy, with a $355 price target.
On Tuesday, 17-year-old Thomas Sohmers unveiled a new super fast computer server that uses a fraction of the electricity that a normal computer does.He's showing it off at the Open Compute Project (OCP) Summit happening this week in San Francisco.This computer is the first product from Sohmers' startup, REX Computing, created with 52-year-old co-founder and CTO Kurt Keville.
The education sector has remained largely unchanged by online service delivery — but could be transformed dramatically in 2018.
8月，为了捍卫中国在全球经济中的制造业中心的地位，央行引导人民币作出数十年来最大幅的贬值。稍后，在国际货币基金组织(International Monetary Fund)把人民币纳入全球储备货币之后，人民币进一步贬值。这一现象可能反映了资本外流。
“We have resolved this matter and will move forward to build on the important actions Honda has already taken to address our past shortcomings in early warning reporting,” said RickSchostek, Honda executive vice president, in a statement. “We continue to fully cooperate with NHTSA to achieve greater transparency and to further enhance our reporting practices.”
Russian and English fans may have dominated headlines during this month's Euro 2016 football championships for their boorish, thuggish behavior.
Form without content. Which is why devolving to such familiar forms seems like a safe bet, and why it really isn’t. It’s empty and disposable — which is in turn why the 1960s keep being identified as a “trend,” with the associated implication that at some point they will also be identified as “over.” Even though that “over” has yet to come.
布莱恩·肯德罗拉是纽约Stack's Bowers Galleries 拍卖行的行长，他透露这次拍卖吸引了来自6个国家的6名竞拍者。在星期四举行的拍卖会上，中标者是一名匿名的亚洲收藏家。
There’s a lot to watch for at Tesla before the model Y hits U.S. roads. “Musk and Tesla are trying to juggle many balls in the air at the same time as the company is in the midst of building out its next flagship factory in Shanghai with [battery factory 3], tooling its [Model Y], and ramping production of its Model 3 in the U.S.,” wrote Wedbush analyst Dan Ives in a Friday research report. “The cost cutting initiatives and getting to a consistent level of profitability are the linchpin to the story.”
Write to Al Root at firstname.lastname@example.org