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Tesla Vehicles Reportedly Already Sold Out for Second Quarter


Tesla Vehicles Reportedly Already Sold Out for Second Quarter
Electric vehicle news site Elektrek reported that Tesla has told employees that production capacity for the second quarter is already sold out.
Author:
Tesla  (
TSLA) - Get Report shares firmed Thursday, after sources told EV news site Elektrek that the electric carmaker’s vehicles already are sold out for the quarter.
Citing sources familiar with the matter, Elektrek s Fred Lambert wrote that Tesla told its employees that production capacity for the second quarter is already sold out even with almost two months left in the quarter.
Lambert has said in the past that he’s a Tesla shareholder and true believer in its mission. ....

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New Philadelphia council approves stadium lease agreement


New Philadelphia council approves stadium lease agreement
The two side have been negotiating the lease since last fall.
The agreement has a new section which spells out what happens in the event of an emergency, such as a pandemic, where closing the stadium is necessary to ensure public health and safety.
It grants that authority to the mayor, and requires collaboration between both parties on all issues involving closure, which means the school board is free to bring any regulations to the mayor which it feels mandate closure.
The lease also says that it can be modified if agreed to in writing by both sides. ....

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How the Solar Roof Impacts Tesla Investors


How the Solar Roof Impacts Tesla Investors
Author:
1:55
Tesla posted stronger-than-expected first-quarter earnings Monday thanks in part to surging deliveries in China, notching its seventh-consecutive quarterly profit and forecasting late 2021 launches for planned gigafactories in the U.S. and Germany.
In Q1, we achieved our highest ever vehicle production and deliveries, Tesla said. This was in spite of multiple challenges, including seasonality, supply chain instability and the transition to the new Model S and Model X. Our GAAP net income reached $438M, and our non-GAAP net income surpassed $1 billion for the first time in our history.
Jim Cramer and Tesla Daily host Rob Maurer discussed what the solar portion of the business means for Tesla.  ....

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