Tag Archives: production

Tesla hits Model 3 production target, backs profit view

Tesla hits Model 3 production target, backs profit viewTesla, which Chief Executive Elon Musk hailed on Sunday as having become a “real car company,” said it now expects to boost production to 6,000 Model 3s per week by late August, signaling confidence about resolving technical and assembly issues that have plagued the company for months. The electric carmaker’s shares rose as much as 6.4 percent to $ 364.78 in early trading, after Tesla said it produced 5,031 Model 3 cars in the last seven days of the second quarter. Money-losing Tesla has been burning through cash to produce the Model 3, and delays have also potentially compromised Tesla’s first-to-market position for a mid-priced, long-range battery electric car as a host of competitors prepare to launch rival vehicles.



Yahoo News – Latest News & Headlines

North Korea Boosting Nuclear Fuel Production At Secret Sites: Report

North Korea Boosting Nuclear Fuel Production At Secret Sites: ReportNorth Korea has been secretly increasing production of enriched uranium for



Yahoo News – Latest News & Headlines

North Korea has increased nuclear fuel production at secret sites, US officials say

North Korea has increased nuclear fuel production at secret sites, US officials sayNorth Korea has increased its production of fuel for nuclear weapons in recent months, US intelligence agencies believe, despite Donald Trump’s claims “there is no longer a nuclear threat” from the secretive state. Pyongyang may be trying to hide its activities at multiple secret sites while seeking concessions in nuclear talks with the US, NBC News quoted US officials as saying. It comes after Mr Trump claimed success in his unprecedented 12 June meeting with Kim Jong-un, the North Korean dictator, over denuclearisation.



Yahoo News – Latest News & Headlines

Harley-Davidson to move some production overseas to offset tariffs

Harley-Davidson to move some production overseas to offset tariffsThe company said it expects the tariffs will result in an incremental cost of about $ 2,200 per average motorcycle exported from the U.S. to the E.U.



Yahoo News – Latest News & Headlines

Harley-Davidson Is Shifting Production Away From the U.S. As Trump's Trade War Rages On

Harley-Davidson Is Shifting Production Away From the U.S. As Trump's Trade War Rages OnBuilding bikes abroad will reduce the company's tariff burden



Yahoo News – Latest News & Headlines

Harley-Davidson To Shift Some Production Overseas Due To Trade War

Harley-Davidson To Shift Some Production Overseas Due To Trade WarHarley-Davidson Inc. announced it is shifting production of some of its



Yahoo News – Latest News & Headlines

Tesla cutting 9% of staff; layoffs not to affect Model 3 production

Tesla cutting 9% of staff; layoffs not to affect Model 3 productionElectric carmaker Tesla Motors announced Tuesday it was cutting nine percent of its workforce to enhance profitability but said the move would not affect an ambitious production ramp-up of its Model 3 sedan. The job cuts are part of a company-wide restructuring to address excess staff in some areas due to the company’s speedy growth, Tesla chief Elon Musk said in an email to employees. The cuts concern salaried staff but not production workers and will not affect Model 3 output targets, said Musk, who characterized the downsizing as an acknowledgement of the need to focus more on costs.



Yahoo News – Latest News & Headlines

Tom Cruise Shares Photo To Tease Start of Production on 'Top Gun 2'

Tom Cruise Shares Photo To Tease Start of Production on 'Top Gun 2'Tom Cruise is officially back in the cockpit.



Yahoo News – Latest News & Headlines

Russia, Saudis signal oil production boost

Russia, Saudis signal oil production boostRussia and Saudi Arabia said Friday they believe a deal is possible to gradually boost oil output from as soon as July as world oil prices have recently hit highs last seen in 2014. Meanwhile President Vladimir Putin said Friday that Moscow would be satisfied with the price of crude oil dropping to $ 60 per barrel, from its recent level of around $ 80. Russia and Saudi Arabia are the key movers behind a pact between OPEC and other producers that has limited production since 2017 but which experts fear may soon lead to a spike in prices.



Yahoo News – Latest News & Headlines

Elon Musk reveals when $35K Tesla Model 3 could start production, admits brake issue

Elon Musk reveals when $  35K Tesla Model 3 could start production, admits brake issueTesla’s rollout of the Model 3 has been anything but smooth sailing, and thousands of customers are still waiting for one very important Model 3 variant: the base model. It’s the car Tesla CEO Elon Musk has consistently promised would come with a $ 35,000 price tag and 220 miles of range. Now, Musk has tweeted that those reserving the least expensive Model 3 could see their cars as soon as September.



Yahoo News – Latest News & Headlines