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.
U.S. tariffs on steel and aluminum “will not go unanswered,” European Union chief Ursula von der Leyen vowed on Tuesday, adding that they will trigger toug
The Trump administration has ordered the Consumer Financial Protection Bureau to stop nearly all its work, effectively shutting down the agency that was created to protect consumers after the 2008 financial crisis and subprime mortgage-lending scandal. Russell Vought is the newly installed director of the Office of Management and Budget. Vought directed the CFPB in a Saturday night email to stop work on proposed rules, to suspend the effective dates on any rules that were finalized but not yet effective, and to stop investigative work and not begin any new investigations. The agency has been a target of conservatives since President Barack Obama created it following the 2007-2008 financial crisis.
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