Back in 2013, Tesla first announced its plan to build Gigafactories all over the world. Gigafactories were designed to ramp up production of cars and lithium-ion batteries to achieve the company’s mission to help the world transition to sustainable energy by providing...
CEO Elon Musk called Tesla’s third quarter “our best quarter in history,” beating analysts’ estimates and more than doubling its profit over the same period year before. But the company’s target of delivering half a million vehicles in 2020 continues to be a challenge...
2020 has been a hugely profitable year for Tesla. Its stock price has soared more than 400% this year, and Ron Baron, founder of the investment management fund Baron Capital, told CNBC in mid-October that Tesla’s stock price was likely to jump another 400% by this...
Elon Musk promises Tesla will make a lower-cost electric vehicle by 2023 on Tesla’s annual battery day, but the goal hinges on a new, more affordable battery that some experts are questioning. Musk also predicted that the company would “do really pretty well in 2020.”...
Home-improvement stocks have been shining in the market since March when the pandemic started forcing people to spend much more time at home. Despite small fluctuations in the last month, the shares are expected to keep rising. The most important company in the...
Investment Journal
Welcome to Investment Journal, a site covering the world of business right from Times Square. The site is produced by reporters at the New York City News Service and the Craig Newmark Graduate School of Journalism at CUNY. Email your comments to greg.david@journalism.cuny.edu.