BUSINESS/FINANCE NEWS
Setup News Ticker
   BUSINESS/FINANCE NEWS
Searching for 'market Week'. (Return)

Yahoo BusinessMar 31, 2020
Tesla's Spoiled End-of-Quarter Push Does a Number on Deliveries
(Bloomberg) -- Tesla Inc. tends to pull out all the stops at the end of each quarter, with Chief Executive Officer Elon Musk often rallying the troops to deliver as many vehicles as possible to customers.This approach probably didn't work well for Tesla in March, with shelter-in-place orders and distancing guidelines around the globe limiting how many vehicles the company could hand over. While Musk tried to salvage the quarter by introducing a "touchless" delivery option in select locations, the coronavirus pandemic is expected to have done a number on demand for all automakers.Analysts on average estimate Tesla delivered roughly 77,400 cars worldwide last quarter, the first to include hand-overs of the new Model Y crossover. While that would be a jump from a disappointing result a year ago, it also would mark a more than 30% drop from the record deliveries Tesla reported for the last three months of 2019."Tesla typically delivers a disproportionate share of its quarter's units in the last two weeks of the quarter," Adam Jonas, an analyst at Morgan Stanley, wrote in a report Monday. "Given the disruption to production and logistics bandwidth, we would be prepared for a weak number."Jonas, whose projection for 88,000 deliveries is the highest among six analysts surveyed by Bloomberg News, warned that risk to his estimate is "skewed to the downside." He expects investors to turn their attention in the coming days to how demand shapes up in the second quarter, the amount of cash Tesla starts burning and

AdWeek NewsMar 30, 2020
Facebook Pledges Another $100 Million to Support the News Industry
Facebook said Monday that it will invest $100 million to help support the news industry during the coronavirus pandemic: $25 million in emergency grant funding for local news via its Facebook Journalism Project, and $75 million in additional market spending to help move money to news organizations globally. Vice president of global news partnerships Campbell...
TRENDING TAGS
coronaviruspandemic Live cases York amid
COVID-19How during pandemic deaths Cases
quarterworst since Dow stocks quarterly
PandemicCoronavirus during workers COVID-19 pay
Dowcoronavirus market worst quarter down
recordfall Dow futures market points
pricesoil Below Average Gas gallon
endCoronavirus quarter since dividend Dow
healthcoronavirus workers Healthcare care face
workworkers coronavirus Amazon worker pay

NEWS SOURCES
Top News (Business News)
Accounting Today
AdWeek News
Banking Business Review
Barron's This Week Magazine
Barron's Up and Down Wall Street Daily
Brad Ideas
Chicago Tribune Business News
CNBC Business
CNBC Economy
CNBC Finance
CNN/Money
CNN/Money Real Estate News
Dismal.com: Analysis
Dismal.com: Indicators
Enterprise Application News
Entrepreneur.com
Forbes Headlines
Forbes Social Media News
FT.com - China, Economy & Trade
FT.com - Financial Markets
FT.com - Hedge Funds
FT.com - Telecoms
FT.com - US
Google Business News
Google Market News
HBS Working Knowledge
Inc.com
INSEAD Knowledge
International Tax Review
Kiplinger
Knowledge@Wharton
L.S. Starrett News
MarketWatch
MarketWatch Breaking News
MarketWatch MarketPulse
McKinsey Quarterly
MSNBC.com: Business
Nielsen Trends
NonProfit Times
NPR Topics: Business
NYTimes Business
OpinionJournal.com
Private Equity Breaking News
Reuters Business
Reuters Company News
Reuters Money
SEC.gov Updates: News Digest
SHRM HR News
Tax Policy News
The Economist International News
The Motley Fool
USA Today Money
Wall Street Journal US Business
Wall Street Transcript
Washington Post Business
WSJ Asia
WSJ Europe
WSJ MoneyBeat
WSJ Opinion
WSJ US News
WSJ World Markets
Yahoo Business
  • CEOExpress
  • 1 Boston Place | Suite 2600
    Boston MA 02108
  • 617 482 1200
    617 299 8649 (fax)
  • Contact
  • As an Amazon Associate
    CEOExpress earns from
    qualifying purchases.

©1999-2020 CEOExpress Company LLC