Business > Tech
'Dunno where this bs came from': Elon Musk slams claims that Tesla Model 3 cancellations are outpacing deposits
4 monthes ago | By Business Insider
Elon Musk took to Twitter on Thursday night to defend Tesla after a New York investment bank downgraded the electric car company's shares that morning.
The firm suggested Tesla Model 3 cancellations are outpacing orders.
Musk responded with a tweet calling the suggestion 'bs' and then gave specific order numbers.
Tesla , CEO Elon Musk took to Twitter on Thursday night to dispute rumors that Model 3 cancellations are outpacing orders. The move came after Needham & Co., a New York-based investment bank, downgraded Tesla shares from hold to sell.
Needham's report , which included several...
Read more ...
Elon Musk Responds Hours After Analyst Report Citing Model 3 Cancellations Hits Tesla Stock
4 monthes ago | By Fortune
Tesla CEO Elon Musk has tried to correct the record after an analyst report surfaced on Thursday saying his Model 3 is in trouble.
In a tweet late on Thursday, Musk called an analyst report that said Model 3 cancellations are double today where they were last year at the same time and higher than orders “bs.” Musk added that last week, Tesla had 5,000 Model 3 “new net orders.” Net orders refers to total orders, less cancellations.
Musk's comment came after Needham & Co. analyst Rajvindra Gill told investors that refunds for the Model 3 “are outpacing deposits as cancellations accelerate.”...
Read more ...
Search by Tags
Tech Analyst reports Elon Musk Model 3 Tesla Tesla model 3 Tesla shares Tesla stock priceLive: Theresa May battles for survival ahead of Conservative party no...
LONDON - Theresa May will face a leadership challenge this evening after 48 Tory MPs sent letters demanding a no-confidence vote. Conservative MP Graham Brady, the committee's... Read more ...
Michael Cohen arrives in court for sentencing
It's judgement day for Donald Trump's former lawyer Michael Cohen, who arrived in Manhattan Federal court Wednesday morning to be sentenced for crimes including an illicit... Read more ...
Official: Gunman killed 3, several wounded after shooting at Christmas...
France is raising its terror alert level. Read more ...
Ellen DeGeneres is considering quitting her TV show, even though she is the...
According to a new profile in The New York Times, Ellen DeGeneres is considering retiring from her daytime talk show she has hosted for over 15 years. The Times said that she... Read more ...
Manhunt Underway For Suspect In Attack On French Christmas Market
On Tuesday evening, a man opened fire on the famous market in Strasbourg, France, killing two people and leaving a third brain dead. Hundreds of law enforcement officers are... Read more ...
Chinese state hackers reportedly responsible for data breach affecting 500...
The Mariott hotel group announced a major data breach that affected 500 million customers. US investigators reportedly believe Chinese state hackers are behind the attack... Read more ...
America's Growing Cop Shortage
A hot job market and skepticism about law enforcement are making it harder for police departments across the country to replace officers who are retiring. (Image credit: Ryan... Read more ...
2 dead, several wounded in shooting at Christmas market in France
French prosecutor's office say a terror investigation has been opened in the shooting. Read more ...
NASA offers to show Stephen Curry moon rocks after he said he doesn't...
Golden State Warriors point guard Stephen Curry said on a podcast that he doesn't believe in the moon landing. NASA responded by inviting Curry to their facilities to see the... Read more ...
Delta has banned all emotional support animals on long flights
Delta Air Lines announced on Monday that certain emotional support and service animals have been banned from flying on board its airline. Emotional support animal s have been... Read more ...