Tesla's Q3 flop; Netflix's price hike; Rivian's plunge: Weekly tech roundup
Investing.com -- Here is your weekly Pro Recap on the biggest headlines out of a big earnings week for tech: Tesla's miss and price cut; Netflix's price bump; Apple's new China App Store policy; Rivian's debt offering.) on Monday missed EV delivery estimates after summer upgrades to its factories, reporting 435,059 vehicles in Q3 vs. Wall Street expectations for 456,722.manufactured a total of 430,488 vehicles during the quarter, below the estimate of 461,992.
Later in the week, the company also announced it would once again reduce prices on some of its popular EVs in the US, cutting its price on the Model 3 sedan to $38,990 from $40,240, and on its long-range Model 3 to $45,990 from the prior $47,240. Citing sources familiar with the matter, the WSJ said it believes Netflix will likely begin the price bumps in the US and Canada, although they are unsure how much the price will be lifted by or when they will take effect.
The company also said it currently expects Q3 sales to come in between $1.29B and $1.33B, slightly below market expectations.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Tesla's miss; Netflix's price bump; Rivian's plunge: Weekly tech roundupTesla's miss; Netflix's price bump; Rivian's plunge: Weekly tech roundup
Weiterlesen »
This Origami RV Pod Was Designed For The Tesla Cybertruck, Rivian R1T And Other EV TrucksWhen it comes to electric overlanding, weight isn't the only metric that matters, aero efficiency has an impact, too. This truck bed camper aims to solve that by folding into nearly nothing
Weiterlesen »
Jay Leno towed a Tesla Semi with a Tesla SemiJay Leno came away impressed with the Tesla Semi after hopping behind the wheel.
Weiterlesen »
Bounce in Rivian's stock bounces back after convertible debt offering pricesEV maker’s $1.5 billion ‘green’ convertible debt interest rate is lower than the previous offering, but premium of conversion price for shares is less
Weiterlesen »
Gold Price Weekly Forecast: Oversold conditions could help XAU/USD find a footholdGold price extended its slide and declined more than 1% this week after losing 3% in the previous one. Surging global bond yields continued to weigh h
Weiterlesen »
Vikings: Valhalla Ending with Season 3; Final Season Images ReleasedSeason 3 will arrive on Netflix globally in 2023.\n\nFor more Netflix news head to https://www.whats-on-netflix.com/
Weiterlesen »