PALO ALTO, Calif., April 02, 2021 -- In the first quarter, we produced just over 180,000 vehicles and delivered nearly 185,000 vehicles. We are encouraged by the strong reception of the Model Y in China and are quickly progressing to full production capacity. The new Model S and Model X have also been exceptionally well received, with the new equipment installed and tested in Q1 and we are in the early stages of ramping production.Forward-Looking Statements Statements herein regarding the timin
President Biden will unveil his $2 trillion infrastructure plan today – here are the details
President Joe Biden will unveil a more than $2 trillion infrastructure and economic recovery package on Wednesday.The plan aims to revitalize U.S. transportation infrastructure, water systems, broadband and manufacturing, among other goals.An increase in the corporate tax rate to 28% and measures designed to prevent offshoring of profits will fund the spending, according to the White House.PresidentJoe Bidenwill unveil a more than $2 trillion infrastructure package on Wednesday as his administra
Tesla Stock Target Cut by Analyst Because Old Auto Makers Have More in the Tank
Teslastock isdroppingin Monday trading after a former bull trimmed hisprice target. What’s more, he’sraised price targetson the legacyauto makerstocks. The Monday dip and analyst flip is leaving bullish Tesla investors wondering what is up.Jefferies analystPhilippe Houchoiscut his Tesla stock-price target to $700 from $775. “Volatility, Bitcoin, and tweets brought noise but little fundamental change since we downgraded Tesla,” wrote the analyst in a Sunday report. There is much potential ahead,