Seeking Alpha: What Tesla's Delivery Miss Means for its 2018
Galileo Russell, author at Seeking Alpha, discusses Tesla missing delivery targets for the Model 3 again and what that means for company's goals for 2018.
The company set a production target of 2,500 Model 3s a week by the end of Q1. Russell believes that is attainable, given the progress in production made between Q3 and Q4, even though the company missed its delivery target.
He discusses Tesla's competition as car companies increase their offerings of electric cars, noting that 2018 is a make-or-break year for the company, especially with the amount of debt coming due.
Apple CEO Tim Cook said Thursday that the majority of iPhones sold in the U.S. in the current fiscal quarter will be sourced from India, while iPads and other devices will come from Vietnam as the company works to avoid the impact of President Trump’s tariffs on its business. Apple’s earnings for the first three months of the year topped Wall Street’s expectations thanks to high demand for its iPhones, and the company said tariffs had a limited effect on the fiscal second quarter’s results. Cook added that for the current quarter, assuming things don’t change, Apple expects to see $900 million added to its costs as a result of the tariffs.
Visa is hoping to hand your credit card to an artificial intelligence “agent” that can find and buy clothes, groceries, airplane tickets and other items on your behalf.
Skift Editor-In-Chief Sarah Kopit discusses how summer travel plans remain uncertain for most as many international travelers are leery to travel abroad. Watch!
