Posted on March 19, 2020 Tesla will temporarily suspend production at its factory in Fremont, California and Buffalo, New York beginning on March 24 in response to local “shelter in place” mandates to prevent the spread of coronavirus, said the company on Thursday. The company notes that operations at its Nevada factory, along with its …
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By Simon Alvarez Posted on March 19, 2020 Tesla stock (NASDAQ:TSLA) came roaring back on Tuesday’s early morning trading, bouncing as high as $434.54 per share amid news of an upgrade from Wall Street. In a recent note, Morgan Stanley analyst Adam Jonas upgraded Tesla from “Underperform” to “Equal-Weight,” while putting a $460 per share …
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By Simon Alvarez Posted on March 18, 2020 Japanese electronics giant Sharp has filed a lawsuit against American electric car maker Tesla, alleging that the onboard communications equipment installed on the Model S, 3, and X are infringing on its patents. Sharp’s Tesla lawsuit comes not long after the Japanese firm also filed a case …
