Connect with us

Business

Nikola Earnings To Come For First Time Amid Hopes For Big News; Nikola Stock Up – Investor’s Business Daily

Nikola earnings missed while management projected the start of Tre electric truck manufacturing next year. Nikola stock sank late.

Published

on

post featured image
ADVERTISEMENT

Nikola (NKLA) reported results for the first time since its June stock market debut, missing on the bottom line and projecting the start of Tre electric truck manufacturing next year. Nikola stock fell late.
XNikola Earnings
Estimates: Nikola is likely to post a 14-cent per share loss for Q2 on next to no revenue, according to Zacks Investment Research. The electric truck startup hasn’t produced any trucks so far, and its factory isn’t built yet.
Results: Loss of 16 cents a share on solar ins…

Click here to view the original article.

Business

Govt. Services Firm Tyler Technologies Hit in Apparent Ransomware Attack – Krebs on Security

Tyler Technologies, a Texas-based company that bills itself as the largest provider of software and technology services to the United States public sector, is battling a network intrusion that has disrupted its operations. The company declined to discuss the …

Published

on

post featured image
ADVERTISEMENT

Tyler Technologies, a Texas-based company that bills itself as the largest provider of software and technology services to the United States public sector, is battling a network intrusion that has disrupted its operations. The company declined to discuss the exact cause of the disruption, but their response so far is straight out of the playbook for responding to ransomware incidents.
Plano, Texas-based Tyler Technologies…

Click here to view the original article.

Continue Reading

Business

Factbox: Tesla could struggle to implement some of its battery advances, experts say – Reuters

The advanced battery cell design and new manufacturing processes outlined by Tesla Inc CEO Elon Musk are promising, battery experts say, but they questioned how quickly they can be implemented and how much they’ll contribute to reducing overall costs.

Published

on

post featured image
ADVERTISEMENT

By Reuters Staff
FILE PHOTO: Tesla Model X electric cars recharge their batteries in Berlin, Germany, November 13, 2019. REUTERS/Fabrizio Bensch
(Reuters) – The advanced battery cell design and new manufacturing processes outlined by Tesla Inc CEO Elon Musk are promising, battery experts say, but they questioned how quickly they can be implemented and how much theyll contribute to reducing overall costs.
Teslas new battery cell a larger cylindrical format called 4680 that can store more energ…

Click here to view the original article.

Continue Reading

Business

SPI Energy skyrockets 4,300% after announcing launch of EV business | Markets – Business Insider

SPI Energy skyrockets 4,300% after announcing launch of EV business

Published

on

post featured image
ADVERTISEMENT

Drew Angerer/Getty Images

  • Shares of SPI Energy soared as high as 4,345% on Wednesday after the solar company announced the launch of an electric vehicle business. 
  • The EV business will “focus on the design and develop of new EV technologies and plans to partner with major manufacturers, as necessary,” according to a press release. 
  • SPI Energy manufactures and distributes solar photovoltaic energy solutions for businesses and residential customers around the globe. 
  • <... Click here to view the original article.

Continue Reading

Trending

You might also like ...

post featured image
New York City subway riders discovering unpleasant surprises in cars, platforms – WABC-TV
post featured image
Racism has cost the U.S. $16 trillion, Citigroup finds – CBS News
post featured image
Airlines under scrutiny over mask policies as parents with toddlers get kicked off flights – ABC News