Losses come even as Elon Musk’s company says it’s delivering a record-breaking number of vehiclesTesla shares tumbled more than 11% in after hours trading on Wednesday after the company reported a larger than expected $408m loss in its second quarter earnings and announced the departure of its chief technology officer (CTO).Despite selling more cars than ever, Tesla is still struggling to prove it is profitable and has suffered a series of high-profile exits. JB Straubel, the CTO, will be replaced by the vice-president of technology, Drew Baglino, Elon Musk, Tesla’s CEO, announced on a call with investors on Wednesday. Continue reading…
Via: Tesla shares tumble amid 8m loss and another high-profile departure
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PIERS MORGAN: A phone call I received from a fired-up Trump should be a warning to Democrats
President Trump called me for a chat on Saturday. It was our first conversation since he unfollowed me on Twitter in April after I wrote a Mail column telling him to ‘Shut the f*ck up Read more…