Audi plans to increase spending on new models, plants and technology to around $29 billion through 2019, striving to top BMW as the largest luxury-car maker.» Read More
What investors are paying for now is the "industry disruptor factor", says Paul Ingrassia, Reuters, discussing Tesla's outlook, and valuation.
After months of consideration, Tesla has made it clear one city appears to be out in front of others for landing the new $5 billion battery plant.
DETROIT, July 31- Tesla Motors Inc, the California- based maker of luxury electric cars, said it expects to build more than 60,000 cars in 2015, after spending heavily this year to update and expand its Fremont assembly plant.
DETROIT, July 31- Tesla Motors Inc, the California- based maker of luxury electric cars, said it lost $61.9 million, or 50 cents a share, in the second quarter, as revenue nearly doubled to $769.3 million. In the year-ago quarter, Tesla lost $30.5 million, or 26 cents a share, on revenue of $405.1 million.
Companies making headlines after the bell Thursday:
DETROIT, July 31- Tesla Motors Inc, the California- based maker of luxury electric cars, said it lost $61.9 million, or 50 cents a share, in the second quarter, as revenue nearly doubled to $769.3 million. On a non-GAAP basis, Tesla said it earned 11 cents a share, topping analysts' expectations of 4 cents.
Craig Irwin, Wedbush Securities; Lynn Tilton, Patriarch Partners; and John Thompson, Vilas Capital CEO and CIO, dissect Tesla's quarterly numbers. Tilton says she wouldn't bet against Elon Musk.
Ross Gerber of Gerber Kawasaki, provides instant analysis to quarterly numbers by Tesla.
The electric car maker posted second-quarter earnings per share of 11 cents, excluding items, compared to 20 cents a share a year ago.
Tesla reported better than expected EPS and revenues in its Q2 earnings report, with CNBC's Phil LeBeau.
CNBC's Phil LeBeau provides a preview of Tesla's Q2 earnings.
U.S. stock-index futures ticked lower on Thursday, as investors awaited a blast of earnings and the usual weekly jobless figures.
Some of the names on the move ahead of the open.
TOKYO, July 31- Panasonic Corp confirmed on Thursday it would invest in U.S. electric carmaker Tesla Motors Inc's planned $5 billion lithium-ion battery plant in the United States, but said it had yet to decide on the size and timing of its investment.
TOKYO, July 31- Panasonic Corp confirmed on Thursday it would invest in U.S. electric carmaker Tesla Motors Inc's planned $5 billion lithium-ion battery plant in the United States, but said it had yet to decide on the size of its investment. "We have not yet decided exactly how much we will invest and when," said Chief Financial Officer Hideaki Kawai.
CNBC's Phil LeBeau takes a look at the results of safety tests to electric cars and how battery compartments were compromised during a serious collision.
Britons will travel to a spaceport in a driverless car where they could download pictures on 5G networks, according to government plans.
Crash tests involving two popular electric cars show the batteries in those vehicles hold up with no major issues after violent collisions.
NEW YORK, July 29- With some of Wall Street's more volatile names set to report in the next couple of days, traders who bet on big swings in shares are hoping to see moves more like Facebook than Netflix. Netflix, along with Gilead Sciences and several other stocks famous for their sharp gyrations, were unusually calm following their latest quarterly reports.
With PlayStation network, Sony goes back to the future in search of revival. TOKYO- Japan's Sony Corp is hammering out plans to rise from the ashes of nearly $10 billion lost in six years by building a future around its last consumer electronics blockbuster- the PlayStation.