Electric car manufacturer Tesla has been called many things: a newcomer, a disrupter, a game-changer, and among many others, the company that revolutionized an industry not fond of revolution. And while receiving all of these well-deserved accolades, it is equally deserving of another descriptive title: financial catastrophe. This month, Tesla released its 2018 first quarter financials, [...]
Last month, two U.S. citizens lost their lives to autonomous vehicles: Elaine Herzberg, who was struck by a self-driving Uber in Tempe, Arizona and Walter Huang, whose autonomously driven Tesla Model X hit a freeway concrete divider in Mountain View, California. The two incidents ignited a fiery debate on the issue of autonomous vehicles, and their [...]
This week, the 51st rendition of the Consumer Electronics Show will rain down on the desert, Las Vegas style. Originated in 1967 as a small offshoot of the Chicago Music Show, CES has blossomed into the largest convention Las Vegas holds, by a long shot. With 2.4 million square feet of convention floor space that will [...]
There once existed a time when the financial question of the day was whether Tesla’s stock would ever fall from its dizzying height of $395 per share. For a car company that only sold its first car nine years ago, and that has never turned a profit, it was a legitimate question. Now the question [...]
This past summer, Tesla accomplished the unimaginable: It became the most valuable car company in the nation, surpassing both General Motors and Ford in total market value. With a market cap of $66 billion, Tesla stunned an industry that has high barriers to entry and is steeped in rich tradition. By comparison, the numbers are jaw-dropping. [...]
