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Apple Inc hiring auto experts for secret California facility, report says

Apple Inc. is in the process of hiring automotive technology experts, set to work out of the company’s secret facility in Cupertino, Calif. to potentially develop a car, according to a report from… 485 more words

FP Tech Desk

Tesla Motors Inc has more problems than weak Q4 results

Tesla Motors Inc. was downgraded to underweight from neutral at J.P. Morgan after the electric carmaker reported weaker-than-expected fourth-quarter results.

Analyst Ryan Brinkman, who also cut his price target on the stock to US$175 from US$180, told clients that there is no evidence of the sharp rebound in execution he was hoping for following production challenges in Q3. 295 more words

Trading Desk

Tesla Motors Inc reports surprise loss as automaker misses delivery expectations

Tesla Motors Inc. posted a surprise loss Wednesday and missed delivery expectations, disappointing investors of a stock that has lost a quarter of its value since last September. 544 more words

Investing

Tesla's Elon Musk divorces actress wife for second time, gives her US$16-million in settlement

When the South African billionaire Elon Musk split up with his wife Talulah Riley for the first time, he told the whole world.

“It was an amazing four years. 485 more words

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