The gaps might not be easy to close, but a new bull market is in sight. Amazon's (NASDAQ: AMZN) share price is still nearly 50% below the previous high despite rising by a double-digit percentage year to date. With the company's market cap now close to $1 trillion, don't bet on a repeat performance. Read More...
Reuters
Tesla’s German plant hits 4,000 cars per week ahead of schedule
Tesla’s plant in Brandenburg near Berlin is now producing 4,000 cars per week, the company said on Monday, three weeks ahead of schedule according to a recent production plan reviewed by Reuters. Output from the plant is now a third of Model Y output in Shanghai, where Tesla planned to keep an average total output of 13,000 Model Ys per week – around 1,000 below maximum capacity – and a further 7,000 Model 3s in February and March, according to the production plan. Tesla was planning to ramp up output from Brandenburg to 4,000 in the week of March 13 and to more than 5,000 by the end of June.
