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We plan to invest in equipment to support cell production at the Gigafactory, begin installation of Model 3 vehicle production machinery, open about 80 retail locations and service centers, and energize about 300 new Supercharger locations.

The stock took a massive beating from shareholders following its fourth quarter earnings disclosure for fiscal year 2015 after market-close on Tuesday.

‘Certainly the game has changed, ‘ he said.

Almost 2,000 people were employed by the burgeoning solar industry in New Mexico a year ago, and experts say the state is on the verge of major growth.

Revenue rose 18 percent year-on-year to $21.3 billion.

And in any case, the options for Japanese banks are limited – the Bank of Japan (BoJ) has already reduced its benchmark interest rate to -0.1 percent, so keeping cash in its vaults is expensive, and -0.035 percent seems like quite a good deal.

Separately, Flipkart announced that Nagori was also quitting the company. “In that case, it will be the investors who will decide on the strategic changes in the company rather than the founder or CEO having to decide”.

One assumption is Tesla does not run out of federal tax eligibility before the Model 3 is for sale or very many are sold, which is possible by 2018 unless an extension is granted.

Federal Reserve Chair Janet Yellen said the us economy faces a number of global threats that could hamper growth and compel the Fed to slow the pace of future interest rate hikes.

Speaking to analysts during parent company Time Warner’s fourth quarter earnings call, HBO CEO Richard Plepler on Wednesday disclosed that some 800,000 subscribers signed on for HBO Now between April 7 and December 31. Now has gained about 800,000 paying subscribers since...

Democratic presidential candidate Sen.

The Japanese auto giant is recalling 4.4m cars worldwide, including 1.2m in Europe, because of Takata Corp air bag inflators which can explode and hurl shrapnel into the vehicle. Mark Rosekind, the head of the National Highway Traffic Safety Administration, last month warned that...

Chennai: Indian Overseas Bank saw its losse widens to Rs 1,425 crore for the third-quarter as it set aside more money to cover bad loans. The bank’s total income has decreased by 1.72% to Rs 6911.62 crore for the quarter under review from Rs 7032.70 crore for the...

World stock markets were also up Wednesday. Policy makers next gather to consider a rate change on March 15-16. The Nasdaq composite added 51 points, or 1.2 per cent, to 4,319. Exports out of China were down 1.4 percent in December, continuing a downward trend seen throughout the fall.

This most recent round of recalls brings the number of US recalls to 24 million and Honda accounts for more than a third (8.5 million) of that total.