Tesla (TSLA) Q2 2019 results: Net loss of $408 million against $6.3 billion in revenue

By Simon Alvarez Posted on July 24, 2019 Tesla’s (NASDAQ:TSLA) second-quarter earnings for 2019 saw the electric car maker post a revenue of $6.3 billion, falling short of Wall Street’s estimates. The results, which were discussed at length in an Update Letter, were released after the closing bell on Wednesday, July 24.  Following are the […]

Elon Musk is a genius, but Tesla’s fate is ‘sealed’ over sluggish sales, claims Bob Lutz

By Simon Alvarez Posted on July 17, 2019 It appears that former GM Vice Chairman Bob Lutz has done a 180-degree-turn on Tesla. Just a month after praising the Model 3’s improving quality and the company’s leadership, the former GM executive changed gears, declaring Tesla’s impending doom over what he argued was the company’s “hopeless” […]

Tesla Effect: Expert dives into EV adoption and the internal combustion engine’s death

By Simon Alvarez Posted on July 15, 2019 When Elon Musk took the helm as CEO of Tesla, he aimed to disrupt the transportation industry to such a degree that electric mobility becomes the preferred, primary form of transportation. It was a lofty goal, near-impossible at the time. Yet, more than a decade and several […]