Tesla reported earnings after the bell today. The company beat on EPS with $-3.04 versus estimates of $-3.12 and met on revenue with $3.29 billion.
The company focused on Model 3 production numbers. Tesla said it is expected to produce 2,500 cars per week by the end of the first quarter and 5,000 Model 3 cars a week by the end of the second quarter.
Cash burn did slow for the company in the latest quarter. But Tesla also reported that it would spend more money in 2018 than it did in 2017.
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The cost of the first-class “forever” stamps has jumped from 63 to 66 cents.
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Starbucks union organizers are asking customers to help organize pickets at non-unionized U.S. stores.
Here is a rundown of the trending stories in the business world this week.
Amazon's annual Prime Day event will kick off tomorrow.
Calls are growing for an investigation into Prime energy drink, the product backed by YouTube stars Logan Paul and KSI, over its high caffeine content.
Stocks are drifting on Wall Street Monday ahead of a week with updates on where inflation and corporate profits are heading.
