Palo Alto

Tesla burns $739.5 million in cash on way to record 2Q loss

Electric car maker Tesla Inc. burned through $739.5 million in cash last quarter, paving the way to a company record $717.5 million net loss as it cranked out more electric cars. But CEO Elon Musk pledged to post net profits in future quarters, and on a conference call, he apologized to two analysts he cut … Continue reading Tesla burns $739.5 million in cash on way to record 2Q loss

Analysts expect Tesla 2Q revenue gain but big net loss

Tesla’s second-quarter revenue should grow by more than $1 billion as it delivered more Model 3 electric cars. But analysts predict it won’t be enough to stop the company’s net loss from rising dramatically when the Palo Alto, California, company reports earnings after the bell Wednesday. Analysts polled by FactSet expect a net loss of … Continue reading Analysts expect Tesla 2Q revenue gain but big net loss

U.S. Department of State News: Joint Statement Australia-U.S. Ministerial Consultations 2018

WASHINGTON – U.S. Department of State today released the following statement: Secretary of State Michael R. Pompeo and Secretary of Defense James Mattis hosted Minister for Foreign Affairs Julie Bishop and Minister for Defense Marise Payne on July 23-24 for the annual Australia-U.S. Ministerial Consultations (AUSMIN) at Stanford University’s Hoover Institution in Palo Alto, California.  … Continue reading U.S. Department of State News: Joint Statement Australia-U.S. Ministerial Consultations 2018

PALO ALTO, Calif.  | Top US, Australian officials meet in San Francisco Bay Area

PALO ALTO, Calif.  — U.S. talks with North Korea and trade tensions with China were among the topics U.S. Secretary of State Mike Pompeo and U.S. Secretary of Defense James Mattis were expected to discuss with their Australian counterparts at a two-day meeting in the San Francisco Bay Area. Pompeo, Mattis, Australian Foreign Minister Julie … Continue reading PALO ALTO, Calif.  | Top US, Australian officials meet in San Francisco Bay Area

U.S. Department of State News: Secretary Pompeo and Secretary of Defense Mattis Host the 2018 Australia-U.S. Ministerial (AUSMIN) Consultations in Palo Alto

WASHINGTON – U.S. Department of State today released the following statement: Secretary of State Michael R. Pompeo and Secretary of Defense James Mattis will host Australian Minister for Foreign Affairs Julie Bishop and Minister for Defence Marise Payne for this year’s Australia-U.S. Ministerial Consultations (AUSMIN) at the Hoover Institution at Stanford University in Palo Alto, … Continue reading U.S. Department of State News: Secretary Pompeo and Secretary of Defense Mattis Host the 2018 Australia-U.S. Ministerial (AUSMIN) Consultations in Palo Alto