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Tesla's dismal results are highlighting the divide between die-hard bulls and doomsday bears (TSLA)

Tesla shares fell modestly on Thursday after the electric-car maker reported first-quarter results on Wednesday evening that fell short of analysts' expectations. Wall Street analysts' commentary in the wake of the quarterly results laid bare the stark divide between Tesla bulls and bears. Markets Insider has rounded up a selection of what some analysts, both bullish and bearish, are saying about Tesla's earnings and where the stock goes from here. Watch Tesla trade live. Tesla missed the ma...


Indian farm group finds traces of unapproved GM aubergines

A crop survey has shown an Indian farmer has planted his field with an unapproved variety of genetically modified (GM) aubergines, an environmental voluntary group said on Thursday.
Tags: businessNews


Elon Musk said now is 'probably' around the right time to raise capital (TSLA)

Tesla CEO Elon Musk said on Wednesday that there is "merit" to the idea of raising new funds. "At this point, I do think there is some merit to raising capital," he said during Tesla's first-quarter earnings call. "This is probably about the right timing." Tesla ended the first quarter with $2.2 billion of cash and cash equivalents, down $1.5 billion from the end of 2018. Visit Business Insider's homepage for more stories. Tesla CEO Elon Musk said on Wednesday that there is "merit" to the ...


Ford will invest $500 million in Tesla rival Rivian, joining Amazon and going head-to-head with GM (TSLA, F, GM)

Ford announced a $5000-million investment in the electric-pickup-truck manufacturer Rivian. Rivian scored a $700-million investment, led by Amazon, earlier this year. Ford might have beaten out crosstown rival General Motors in the rush to make deals with Tesla's newest rival. On Wednesday, Ford announced a $500-million investment in the startup electric-vehicle maker Rivian.  In a statement, Ford and Rivian said they had "agreed to work together to develop an all-new, next-generation batter...
Tags: Amazon, Facebook, New York, La, US, Trends, General Motors, Tesla, Ford, Gm, Bill Ford, Detroit, OEM, Amazon Ford, Amazon In, Rivian


Elon Musk thinks it's 'financially insane' to buy a car that isn't a Tesla — but Tesla wouldn't be able to make enough cars to meet that demand (TSLA)

Tesla CEO Elon Musk thinks that fully autonomous Tesla vehicles will lead consumers to conclude that it's "financially insane" to buy a vehicle from somebody else. But even if Musk were right, Tesla isn't remotely capable of satisfying even US automobile demand. The more Tesla struggles to be a major automaker, the more Musk is working to brand the company as a Silicon Valley tech firm. Visit Business Insider's homepage for more stories. During the course of a deeply technical presentation fo...
Tags: Elon Musk, US, Trends, Tesla, Gm, Silicon Valley, West Coast, Honda, Detroit, Musk, Teslas, Waymo, Nokia Musk


Zagster has hired a veteran of Ford and GM to help it compete in the scooter wars

Zagster, formerly a bike-share operator, wants to become a one-stop-shop for scooter rentals.  The company has hired a former Zipcar, GM Maven, and Ford Chariot executive to help it expand the platform business.  Business Insider caught up with Dan Grossman during his first weeks on the job to learn what's next for Zagster.  Dan Grossman is no stranger to transportation revolutions. The mobility veteran spent more than six years at Zipcar, helping one of the first shared transit pioneers expa...
Tags: Uber, New York City, US, Trends, General Motors, United States, Ford, Avis, Gm, Zipcar, Lime, PitchBook, Grossman, Zagster, Daniel Herscovici, Dan Grossman


4 tax-saving ways to celebrate Earth Day

              Happy Earth Day 2019 Earth Day was created in 1969 by environmental activists in response to an oil spill in waters near Santa Barbara, California. Since then, it has expanded each year as a day to emphasize environmental issues and inspire an appreciation of our planet. With this year's celebration falling on a weekday, many folks are looking for ways to incorporate their pro-Mother Earth efforts into their daily lives. Well, nothing is as incorporated into our day-to-day exis...
Tags: Google, Elon Musk, Taxes, Sweden, China, Tesla, United States, Gm, Sam, Irs, Charity Navigator, North Carolina State University, U S Department of Energy, GuideStar, Santa Barbara California, Residential Energy Efficient Property Credit


The real reason Tesla is showing off its self-driving tech (TSLA)

Tesla bears are insisting that the company is staging an event to showcase its self-driving technology because it wants to distract from weak Q1 earnings coming this week. But the markets have known Tesla earnings are likely to be weak for some time. What CEO Elon Musk really wants to do is pitch Tesla autonomous tech to investors who've thus far created multi-billion-dollar valuations for self-driving businesses from the likes of GM's Cruise and Uber. Visit Business Insider's homepage for mor...
Tags: Facebook, Europe, Japan, Elon Musk, Softbank, US, Trends, Tesla, Fca, Gm, Honda, Musk, Fiat Chrysler, Zev, Waymo, Tesla Network


Extreme opinions about Tesla are completely wrong — here's why (TSLA)

The debate around Tesla is being defined by extreme bulls to one side and extreme bears to the other. A rational middle ground is hard to hold in this two-front battle over Tesla's future. Tesla moderates can take solace in the probability that the extremists are wrong. Visit Business Insider's homepage for more stories. Tesla is about to enter yet another critical moment. The carmaker will report first-quarter earnings next week, and after two consecutive quarters of profits, analysts expect...
Tags: Apple, Amazon, Facebook, Elon Musk, China, Softbank, US, Trends, Tesla, Cruise, Gm, TSLA, Silicon Valley, Honda, Henry Ford, Musk


GM Stock Could Take Off if It Takes a Hint From Disney+

Legacy companies should be paying attention to what just happened to Disney stock.
Tags: Finance, Disney, Article, Gm, FBN, Motley Fool, Fbn/markets, Fox-business/markets, 68192c7f-4532-573b-ae01-5ee59de2da99


GM CEO Barra's pay dipped slightly to just under $22 million in 2018

General Motors Co's top executive, Mary Barra, received a compensation package worth just under $22 million in 2018, slightly less than the previous year, according to the No. 1 U.S. automaker's proxy statement released on Thursday.
Tags: Money, businessNews, Mary Barra, Gm, General Motors Co, Barra


GM says Cadillac brand points to strong growth in China

General Motors' luxury Cadillac brand is enjoying strong growth in China, the No.1 U.S. automaker said at a conference on Wednesday in New York.
Tags: Money, China, General Motors, businessNews, Gm, Cadillac


Cadillac is expanding its Super Cruise self-driving offering with the all-new CT5 sedan (GM)

Cadillac rolled out an all-new sedan in the CT5, amid a sea of SUVs and pickups at the 2019 New York auto show. The CT5 gets Cadillac's Super Cruise hands-free self-driving technology, previously available only on the flagship CT6 sedan. The CT5 continues a design evolution for Caddy, away from the bold shapes of the past toward something more conventionally luxurious. Visit BusinessInsider.com for more stories. Cadillac bucked an industry trend and revealed an all-new sedan at the 2019 New Y...
Tags: Facebook, Elon Musk, New York, US, Trends, Gm, Lincoln, Cadillac, CTS, Cadillac Audi, Cadillac CT5, Steve Carlisle, BMW Cadillac


Uber has dangled $100 million at Dara Khosrowshahi if he can convince investors, or a buyer, that the company is worth $120 billion

Dara Khosrowshahi has a huge potential payout riding on Uber's IPO valuation hitting $120 billion and staying there for 90 consecutive days. He'd also get that payout for selling the company for $120 billion.  A source tell us his incentive is worth $100 million or more. Dara Khosrowshahi could get a huge payday — totaling more than $100 million according to a source — if Uber's IPO valuation hits $120 billion and stays at that level for 90 consecutive days. The Uber CEO will also get the pay...
Tags: Google, Uber, Southeast Asia, Softbank, US, Trends, Cruise, Gm, Honda, Expedia, PitchBook, Dan Primack, Dara Khosrowshahi, Primack, Khosrowshahi, Waymo


No-frills no longer: GM's China brand Baojun attempts a major makeover

By many measures, General Motors' China brand Baojun has been an exceptional success story, growing at breakneck speed by selling low-cost no-frills vehicles in smaller cities and rural areas.
Tags: Money, China, businessNews, Gm, General Motors China, Baojun


Workers finish making replacement parts at idled GM plant

LORDSTOWN, Ohio (AP) — A union official says a small contingent of workers has finished making replacement parts for the Chevy Cruze at a General Motors plant in Ohio where production of the compact sedan ended in March. The Warren Tribune Chronicle reports UAW Local 1112 President Dave Green says GM originally estimated that metal […]
Tags: Business, News, General Motors, Ap, Nation, Gm, Ohio, Lordstown Ohio, Chevy Cruze, Dave Green, Warren Tribune Chronicle


GM bets a GEM can deliver gold in developing markets

General Motors Co has spent five years re-writing its playbook for making money in Latin America and the interior of China. Now, it's show time for the first results of a project code-named GEM, for Global Emerging Market.
Tags: Money, China, businessNews, Gm, Latin America, General Motors Co


INTRODUCING: The 10 people transforming how the world gets around

Business Insider named 10 transportation leaders to its list of 100 people transforming business. They include the CEO of a self-driving car startup, a prolific airline entrepreneur, and the logistics boss of the biggest retailer in the world.  See the full list of the 100 people transforming business here.  From self-driving and electric cars to scooters and low-cost air travel, the transportation space is in the midst of a massive upheaval. We've identified 10 people in the industry reth...
Tags: US, Trends, General Motors, Senegal, Intel, Washington Dc, Mary Barra, Gm, Evans, Detroit Auto Show, Chevy Bolt, Pam Fletcher, Fletcher, Barra, Holt, Rachel Holt


Atlassian’s Core Values; Bezos’s Letter; CKO; ScaleUpX

Hello ScaleUps,  Hope it’s been a productive and purposeful week. Here are some insights/opportunities to help you outlearn/outthink the competition. If the size of your failures isn’t growing, you’re not going to be inventing at a size that can actually move the needle.   Jeff Bezos, Annual Letter to Shareholders ScaleUpX -- In addition to the 9 top biz authors and CEOs keynoting our ScaleUp Summit May 21 – 22 Atlanta, there are 8 ScaleUpX speakers – als...
Tags: Leadership, Atlanta, Tesla, Harvard, Gm, Las Vegas, Jeff Bezos, Atlassian, Buffett, Mike, Scott, Bezos, JUN, US Steel, HBS, Scott Farquhar


GM to reveal next generate Corvette in July

FRANKFORT, Ky. (AP) — It’s enough to rev up Corvette fans — a new rendition of the classic sports car is coming. And General Motors has a big change in the next generation Corvette being revealed July 18. GM confirms the engine in the new model is being moved from under the hood to being […]
Tags: Business, News, General Motors, Nation, Gm, Corvette, Frankfort, Ky AP


Chevy drove the next-generation Corvette through New York City — and GM CEO Mary Barra was along for the ride (GM)

Chevy has finally confirmed a reveal date for the long-rumored eighth-generation Corvette. The C8 Vette will have a mid-engine design, ending six decades of front-engines only. Chevy took the new Corvette for a drive through Manhattan, with GM CEO Mary Barra in the passenger seat. Visit Business Insider's homepage for more stories. The long-rumored eighth-generation Corvette has finally been confirmed. And it won't have its likely twin-turbocharged V8 engine up front — the new Vette will be a...
Tags: Facebook, New York, New York City, US, Trends, General Motors, Ferrari, Ford, Mary Barra, Gm, Manhattan, Chevy, Corvette, Grand Sport, Stephen Siller Foundation


The biggest question for Tesla is whether the company can make steady profits on its cars (TSLA)

A Tesla "demand crisis" has developed on Wall Street. Analysts are worried that Tesla demand is fading — but they're mistaking demand for demand growth. Tesla's growth already has it in a commanding position in the US luxury market — the company completely dominates the highly profitable luxury EV space. In the short term, analysts reckoning with their overly bullish demand prediction could contribute to negative sentiment about Tesla's stock. Visit Business Insider's homepage for more stories...
Tags: Facebook, Europe, China, US, Trends, Tesla, Vw, Porsche, Ferrari, Gm, Silicon Valley, Bmw, Morgan Stanley, Jonas, Munster, Adam Jonas


Tesla and Trump both thrive on chaos — but Elon Musk's car company needs to chill out if it's going to succeed (TSLA)

President Trump and Tesla CEO Elon Musk have a much higher chaos tolerance than the average human. But as Tesla grows, chaos isn't helping to improve its chances to prosper. Trump is never going to change, but Musk has a chance this year to reset Tesla's paradigm. I've argued that there are no minds on planet Earth more different that Donald Trump's and Elon Musk's. However, Musk is a canny operator and always has been — and it's clear that he's learned a few things from the Tweeter In Chief....
Tags: Facebook, Elon Musk, New York, Mexico, US, Trends, General Motors, Tesla, Earth, Gm, TSLA, Donald Trump, Henry Ford, Musk, Trump, Elon


Were It Not for the Ford Ranger, Pickup Sales Would Have Sank Last Quarter

As both Ford and General Motors have moved to annoying quarterly sales reporting, we’re getting into this whole “quarter” thing. Against our will, mind you, but that’s enough bitching for now. We told you earlier how Ford’s looking smug as GM and Fiat Chrysler duke it out for second place in the full-size pickup segment […] The post Were It Not for the Ford Ranger, Pickup Sales Would Have Sank Last Quarter appeared first on The Truth About Cars.
Tags: Sales, General Motors, Ford, Gm, Autos, Trucks, Fiat Chrysler, Ford Ranger, News Blog, Midsize Trucks


Domestic Truck Wars: No One Wants to Finish Last in Detroit

There’s a chill in the auto industry that wasn’t present a year ago. Sales are down compared to this time last year, with only a select few automakers posting year-to-date gains. Among members of the Detroit Three, volume loss is the order of the day. Over the first three months of 2019, Ford sales sank […] The post Domestic Truck Wars: No One Wants to Finish Last in Detroit appeared first on The Truth About Cars.
Tags: Sales, Ford, Ram, Fca, Gm, Autos, Trucks, Detroit, Fiat Chrysler Automobiles, Detroit Three, Silverado, News Blog, Ford F-150


Morgan Stanley warns General Motors investors to lower their expectations for Cruise autonomous cars (GM)

GM's Cruise autonomous driving unit plants to double in size this year.  Morgan Stanley, meanwhile, is warning investors that revenue and profit could still be far off.  The Wall Street bank says the ability to remove safety drivers from the cars is crucial, but could take years. Morgan Stanley is trying to tamper investor excitement for General Motor's Cruise robo-taxi unit. In a note to clients this week, the Wall Street bank told clients that the self-driving department may not ever turn r...
Tags: Google, US, Trends, General Motors, Tesla, Arizona, Gm, Morgan Stanley, Jonas, Adam Jonas, GM Cruise, Waymo, General Motor s Cruise, The Wall Street


Tesla is proof that the next 20 years in the tech industry won't be like the last 20 (TSLA)

The first few decades of technology innovation have been characterized by rapid growth and quick profits based on low headcounts and low capital outlays. The next few decades will require much larger headcounts and massively larger amounts of money. If you have doubts, just look at Tesla and Elon Musk. Tesla is 15 years old, and despite its considerable struggles and internal and external dramas, Elon Musk's electric carmaker remains a Silicon Valley darling and is widely admired in the tradi...
Tags: Apple, Google, Amazon, Facebook, Elon Musk, New York, Ebay, New York City, US, San Francisco, Trends, Tesla, Paypal, Cruise, Ford, Gm


Everyone is overlooking a very big wildcard about Lyft, Uber and all the other gig-economy IPOs (LYFT)

Lyft went public on Friday, kicking off a parade of high-profile IPOs expected this year, including Uber, Postmates, and perhaps even Airbnb.  However, there's still one thing we don't know: Are these gig-economy companies suited to weather a recession? They might be so ingrained in consumer habits that they'll be just fine. They might also face a supply-side crunch, as people flock to become Uber drivers or Airbnb hosts during economic hard times — which would drive prices down.  Or they coul...
Tags: Lyft, Uber, US, Trends, Gm, Airbnb, Kim, Postmates, Goodwater Capital, Samsung Galaxy, Morgan, Ives, Wedbush Securities, Eric Kim, Synovus Trust, Dan Ives


Tesla supplier agrees to buy GM's South Korean plant for EV manufacturing

A South Korean supplier of Tesla Inc said on Friday it had agreed to buy a shuttered auto factory from General Motors' local unit to start contract manufacturing of electric vehicles.
Tags: Money, General Motors, Tesla, businessNews, Gm, Tesla Inc


Rob Tarkoff of Oracle: Customer Experience Today is About Data, Content, Design and Curiosity

Last week in Vegas, my CRM Playaz co-host and friend Paul Greenberg and I were hanging out at Oracle’s annual MCX (Modern Customer Experience) conference. It’s a showcase the company uses to announce new applications and services to their customer experience platform, Oracle CX. But it also presents a nice opportunity to get a glimpse into the strategy and the direction customer experience design and thinking is headed. And some great nuggets came out of the conference that really apply to any s...
Tags: Interviews, Sales, Hawaii, Gm, Rob, Oracle, PAUL, Larry, Oracle OpenWorld, OpenWorld, Paul Greenberg, Mark Hurd, Rob Tarkoff, Rob Tarkoff Oracle, Des Cahill, Larry -LSB- Ellison Oracle



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