Tesla smashes first quarter expectations

Published

2 years ago

April 4, 2022

Anthony Lucas

Electric car maker Tesla has had a big start to 2022

Despite supply chain challenges, EV giant, Tesla has delivered a record number of its cars in the first quarter.

Tesla delivered more than 310,000 new vehicles within the first three months of this year.

Tesla’s total deliveries are almost 70% higher than this time last year.

The company’s boss Elon Musk says the improvement came despite an “extremely difficult quarter”, including strict coronavirus policies in China, where Tesla has a so-called ‘giga factory’.

Musk says record deliveries of Tesla EVs made in first quarter of 2022.

Suspension of Tesla’s Shanghai factory operations

Tesla’s Shanghai factory will remain closed as the city deals with strict lockdown measures brought on by an uptick in COVID-19 cases.

According to an internal document obtained by Bloomberg, Tesla reportedly told employees on Sunday to stay home to comply with the city’s current coronavirus restrictions.

A previous report from ticker NEWS affiliate network, Reuters, Tesla would resume production at the Shanghai plant on Monday, April 4th, as some stay-at-home orders were expected to end.

Why the meme-stock frenzy is unlikely to repeat

Published

3 days ago

May 14, 2024

Nathan Langridge

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

Money

Why are airlines after the Biden Administration?

Published

3 days ago

May 14, 2024

Nathan Langridge

Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

Money

The mounting pressure on Government spends

Published

4 days ago

May 13, 2024

ticker NEWS

Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending