The company guided for $6.50 to $7 in adjusted EPS and adjusted automotive free cash flow $4.5 billion to $6 billion for 2019 - both above estimates. Too good to be true?
The online ordering of larger items that are generally un-deliverable by traditional carriers like UPS and FedEx has opened up a new delivery niche that larger truckers are scrambling to fight over.
Retail sales of passenger vehicles in China fell a dramatic 19% on the year, while SUV retail sales also fell 18.9% - the first drop in annual decline in over 20 years.
“Deutsche Bank has a severe talent loss problem and this bonus cut will exacerbate the problem. Focusing on top performers is not new and not the solution.”
Elon Musk was recently in Shanghai to break ground on Tesla's first factory site outside of the U.S.. According to reports, he was accompanied by the Mayor of Shanghai, Ying Yong, and Tesla China Executives, including the company's VP of sales.