Tesla Reported Earnings and Says It Will Be Better About Meeting Production Deadlines

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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Cheddar Morning News Briefings of February 14th

Cheddar Morning News Briefings

RE/MAX CEO Discusses Outlook for Housing Market Amid Rate Hikes

Nick Bailey, president and CEO of RE/MAX, joined Cheddar News to discuss his outlook for the housing market amid the Fed's decision to raise rates.

Lufthansa Adds “Green Fares” To Ease Carbon Emissions

Lufthansa is adding so-called "green fares," allowing customers to buy carbon offsets.

The Day Ahead: Earnings From Coca-Cola, Airbnb & More and Jan. CPI Data

Cheddar News takes a peek at some earnings reports due Tuesday from Coca-Cola, Airbnb and Marriott along with some economic data.

Stocks Close Higher Monday Ahead of CPI Data

Kyle O’Dell, founder & CEO of EdgeRock Wealth Management, joined Cheddar News to discuss Monday’s market trading session and what to look for in Tuesday's CPI report as Wall Street continues to digest the Fed's move last month.

Twilio To Lay Off 17% Of Workforce

Cloud software company Twilio said it's laying off about 1,500 people, just months after another round of job cuts.

Super Bowl Sets Sports Betting Record

Sunday's Super Bowl game set some sports betting records.

Ford To Build New Battery Plant In Part of $3B Investment Plan

Ford is building a new battery plant in Michigan in an effort to boost EV offerings.

What The IRS Says About State Relief Payments for Tax Season

Matthew Frankel, certified financial planner and contributing analyst with The Motley Fool, joined Cheddar News to discuss what the IRS' guidance is on state stimulus payments.

Amogy Offering Ammonia-Powered, Zero-Emission Semi-Trailer

Seonghoon Woo, CEO of Amogy, joined Cheddar News to discuss its ammonia-powered, zero-emission semi-truck in an effort to de-carbonize transportation.

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