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Tesla#39;s net income slumped 44% in 3rd quarter as lower prices ate into the automaker#39;s profits

Tesla#39;s net income slumped 44% in 3rd quarter as lower prices ate into the automaker#39;s profits

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The Austin, Texas, maker of electric vehicles, solar panels and batteries on Wednesday reported net income of USD 1.85 billion for the July-September quarter, a 44 per cent decline from a year earlier. Earnings per share fell to 53 cents from 95 cents.

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​ The Austin, Texas, maker of electric vehicles, solar panels and batteries on Wednesday reported net income of USD 1.85 billion for the July-September quarter, a 44 per cent decline from a year earlier. Earnings per share fell to 53 cents from 95 cents. The Austin, Texas, maker of electric vehicles, solar panels and batteries on Wednesday reported net income of USD 1.85 billion for the July-September quarter, a 44 per cent decline from a year earlier. Earnings per share fell to 53 cents from 95 cents.  Moneycontrol Latest News Read More  

The Austin, Texas, maker of electric vehicles, solar panels and batteries on Wednesday reported net income of USD 1.85 billion for the July-September quarter, a 44 per cent decline from a year earlier. Earnings per share fell to 53 cents from 95 cents.

Lemon Tree Hotels trades lower despite licence deal for Uttarakhand property

Lemon Tree Hotels trades lower despite licence deal for Uttarakhand property

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Earlier in this month, the company announced a franchisee agreement with Artisan Resorts to open a resort in Somnath, Gujarat.

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​ Earlier in this month, the company announced a franchisee agreement with Artisan Resorts to open a resort in Somnath, Gujarat. Earlier in this month, the company announced a franchisee agreement with Artisan Resorts to open a resort in Somnath, Gujarat.  Moneycontrol Latest News Read More  

Earlier in this month, the company announced a franchisee agreement with Artisan Resorts to open a resort in Somnath, Gujarat.

Elon Musk considers removing X platform from Europe over EU law

Elon Musk considers removing X platform from Europe over EU law

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The billionaire has discussed removing the app#39;s availability in the region, or blocking users in the European Union from accessing it, a person familiar with the company told the publication.

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​ The billionaire has discussed removing the app#39;s availability in the region, or blocking users in the European Union from accessing it, a person familiar with the company told the publication. The billionaire has discussed removing the app#39;s availability in the region, or blocking users in the European Union from accessing it, a person familiar with the company told the publication.  Moneycontrol Latest News Read More  

The billionaire has discussed removing the app#39;s availability in the region, or blocking users in the European Union from accessing it, a person familiar with the company told the publication.

Amazon to launch drone deliveries in Italy and UK in late 2024

Amazon to launch drone deliveries in Italy and UK in late 2024

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The customers in these locations will have the option to have their packages delivered by a drone starting late 2024, Amazon said in a statement.

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​ The customers in these locations will have the option to have their packages delivered by a drone starting late 2024, Amazon said in a statement. The customers in these locations will have the option to have their packages delivered by a drone starting late 2024, Amazon said in a statement.  Moneycontrol Latest News Read More  

The customers in these locations will have the option to have their packages delivered by a drone starting late 2024, Amazon said in a statement.

Ford recalling 35,000 US Mach-E EVs over power loss reports

Ford recalling 35,000 US Mach-E EVs over power loss reports

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The new recall of 2021 and 2022 model year Mach-E vehicles with extended range followed an August investigation by the National Highway Traffic Safety Administration#39;s (NHTSA) into whether Ford#39;s June 2022 recall of 49,000 Mach-E vehicles properly addressed the issue.

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​ The new recall of 2021 and 2022 model year Mach-E vehicles with extended range followed an August investigation by the National Highway Traffic Safety Administration#39;s (NHTSA) into whether Ford#39;s June 2022 recall of 49,000 Mach-E vehicles properly addressed the issue. The new recall of 2021 and 2022 model year Mach-E vehicles with extended range followed an August investigation by the National Highway Traffic Safety Administration#39;s (NHTSA) into whether Ford#39;s June 2022 recall of 49,000 Mach-E vehicles properly addressed the issue.  Moneycontrol Latest News Read More  

The new recall of 2021 and 2022 model year Mach-E vehicles with extended range followed an August investigation by the National Highway Traffic Safety Administration#39;s (NHTSA) into whether Ford#39;s June 2022 recall of 49,000 Mach-E vehicles properly addressed the issue.

Ford recalling 35,000 US Mach-E EVs over power loss reports

Ford recalling 35,000 US Mach-E EVs over power loss reports

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  • Latest News

The new recall of 2021 and 2022 model year Mach-E vehicles with extended range followed an August investigation by the National Highway Traffic Safety Administration#39;s (NHTSA) into whether Ford#39;s June 2022 recall of 49,000 Mach-E vehicles properly addressed the issue.

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​ The new recall of 2021 and 2022 model year Mach-E vehicles with extended range followed an August investigation by the National Highway Traffic Safety Administration#39;s (NHTSA) into whether Ford#39;s June 2022 recall of 49,000 Mach-E vehicles properly addressed the issue. The new recall of 2021 and 2022 model year Mach-E vehicles with extended range followed an August investigation by the National Highway Traffic Safety Administration#39;s (NHTSA) into whether Ford#39;s June 2022 recall of 49,000 Mach-E vehicles properly addressed the issue.  Moneycontrol Latest News Read More  

The new recall of 2021 and 2022 model year Mach-E vehicles with extended range followed an August investigation by the National Highway Traffic Safety Administration#39;s (NHTSA) into whether Ford#39;s June 2022 recall of 49,000 Mach-E vehicles properly addressed the issue.

Daily Voice | Why this market veteran stays bullish on PSU bank stocks even when lenders lag behind

Daily Voice | Why this market veteran stays bullish on PSU bank stocks even when lenders lag behind

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By next year, at the same time post-general elections, we will be close to the 21,000 mark on Nifty, says Amit Jain of Ashika Global Family Office Services.

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​ By next year, at the same time post-general elections, we will be close to the 21,000 mark on Nifty, says Amit Jain of Ashika Global Family Office Services. By next year, at the same time post-general elections, we will be close to the 21,000 mark on Nifty, says Amit Jain of Ashika Global Family Office Services.  Moneycontrol Latest News Read More  

By next year, at the same time post-general elections, we will be close to the 21,000 mark on Nifty, says Amit Jain of Ashika Global Family Office Services.

Tesla joins GM, Ford in slowing EV factory ramp as demand fears spread

Tesla joins GM, Ford in slowing EV factory ramp as demand fears spread

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Tesla CEO Elon Musk said he was worried that higher borrowing costs would prevent potential customers from affording its vehicles despite substantial price cuts, and that he would wait for clarity on the economy before ramping up its planned factory in Mexico.

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​ Tesla CEO Elon Musk said he was worried that higher borrowing costs would prevent potential customers from affording its vehicles despite substantial price cuts, and that he would wait for clarity on the economy before ramping up its planned factory in Mexico. Tesla CEO Elon Musk said he was worried that higher borrowing costs would prevent potential customers from affording its vehicles despite substantial price cuts, and that he would wait for clarity on the economy before ramping up its planned factory in Mexico.  Moneycontrol Latest News Read More  

Tesla CEO Elon Musk said he was worried that higher borrowing costs would prevent potential customers from affording its vehicles despite substantial price cuts, and that he would wait for clarity on the economy before ramping up its planned factory in Mexico.

Coforge Q2 net profit rises 9.5%, revenue up 2.5% on $313-mn order win

Coforge Q2 net profit rises 9.5%, revenue up 2.5% on $313-mn order win

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Coforge had reported a net profit of Rs 165.3 crore in the previous quarter.

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​ Coforge had reported a net profit of Rs 165.3 crore in the previous quarter. Coforge had reported a net profit of Rs 165.3 crore in the previous quarter.  Moneycontrol Latest News Read More  

Coforge had reported a net profit of Rs 165.3 crore in the previous quarter.

SAP posts 16% jump in Q3 cloud business revenue

SAP posts 16% jump in Q3 cloud business revenue

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SAP#39;s cloud revenue stood at 3.47 billion euros ($3.66 billion) in the quarter, helped by growth of its combined software-as-a-service (SaaS) and platform-as-a-service (PaaS) portfolio, and its premium enterprise resource software platform, S/4 HANA.

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​ SAP#39;s cloud revenue stood at 3.47 billion euros ($3.66 billion) in the quarter, helped by growth of its combined software-as-a-service (SaaS) and platform-as-a-service (PaaS) portfolio, and its premium enterprise resource software platform, S/4 HANA. SAP#39;s cloud revenue stood at 3.47 billion euros ($3.66 billion) in the quarter, helped by growth of its combined software-as-a-service (SaaS) and platform-as-a-service (PaaS) portfolio, and its premium enterprise resource software platform, S/4 HANA.  Moneycontrol Latest News Read More  

SAP#39;s cloud revenue stood at 3.47 billion euros ($3.66 billion) in the quarter, helped by growth of its combined software-as-a-service (SaaS) and platform-as-a-service (PaaS) portfolio, and its premium enterprise resource software platform, S/4 HANA.

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