Tag: Yahoo Finance

UPDATE 3-Tesla's electric pickup truck flouts convention with angular design and armored glass

Tesla Inc on Thursday unveiled its electric pickup truck with a futuristic angular body in gunmetal gray that looked like an armored vehicle, as the California company took aim at the heart of Detroit automakers' profits. At a launch event in Los Angeles, Tesla Chief Executive Elon Musk said other versions will be priced at $49,900 and $69,900 with the most expensive offering a range of more than 500 miles (800 km). If we don't have a pickup truck, we can't solve it....

UPDATE 2-Tesla unveils electric pickup truck, futuristic design ignites controversy

Tesla Inc on Thursday unveiled its first electric pickup truck that looked like a futuristic angular armored vehicle in gunmetal gray, as the California company took aim at the heart of Detroit automakers' profits. At a launch event in Los Angeles, Tesla Chief Executive Elon Musk said the Cybertruck will have a starting price of $39,900 and production is expected to begin in late 2021. If we don't have a pickup truck, we can't solve it....

UPDATE 1-Tesla unveils first-ever electric pickup truck

Tesla Inc on Thursday unveiled its first pickup truck, delivering on a promise by Chief Executive Elon Musk to build an electric version of America's favourite vehicle and one that threatens the heart of Detroit automakers' profits. At a launch event in Los Angeles, Tesla Chief Executive Elon Musk said the truck, which looked liked a futuristic armoured vehicle, will have a starting price of $39,900 and a maximum range of 500 plus miles. If we don't have a pickup truck we can't solve it....

Goldman Sees Baby Bond Bear Market, Cyclical Stock Rally in 2020

(Bloomberg) -- The global economy and earnings will stabilize in 2020, allowing riskier assets to flourish even with central banks keeping policy little changed, according to Goldman Sachs Group Inc.The investment bank’s top market themes for next year include growth stabilization, upside for cyclical stocks and a “baby bear market” in bonds, said strategists including Lotfi Karoui, Zach Pandl, Kamakshya Trivedi and Jeffrey Currie in a note Thursday.“We see upside in a variety of cyclically sensitive assets,” the strategists wrote. “At the same time, we are not expecting the type of go-go global growth environment that would sink the dollar or result in a major bear market for bonds.”Despite the impact of the U.S.-China trade war and concerns over global growth, both stocks and bonds have climbed in 2019 thanks to easier monetary policy from the world’s central banks. The MSCI measure of global stocks is up 19% through Friday and...

Tesla's electric pickup breaks the mould with angular design and armored glass

At a launch event in Los Angeles, Tesla Chief Executive Elon Musk said other versions will be priced at $49,900 and $69,900 with the most expensive offering a range of more than 500 miles (800 km). By comparison, the current maximum range of a Tesla car is 370 miles for its long-range Model S sedan. Made from ultra-hard stainless steel which Musk claimed was bulletproof, the four-door six-seater truck's sharp geometric body was set atop massive tires....

Modi Pivots to India Reforms to Shift Focus From Hindu Base

(Bloomberg) -- India’s Prime Minister Narendra Modi is putting the flagging economy back on center stage after announcing the biggest privatization drive in more than a decade and making renewed attempts to ring fence the crisis-ridden shadow banking sector.The country is in the midst of a deepening slowdown amid waning consumption -- the bedrock of the $2.7 trillion economy. And while Modi has targeted transforming India into a $5 trillion economy by 2025, of late, most of his attention has been focused on asserting a more muscular foreign policy and placating the Hindu majority -- his main voting base -- by scrapping autonomy in India’s lone Muslim-majority state of Jammu and Kashmir.On Wednesday, Indian authorities went into overdrive. The government decided to sell its entire stake in the country’s second-largest state refiner, and its biggest shipping company. It also approved a proposal to pare stakes below 51% in some companies and...

Tesla unveils first-ever electric pickup truck

At a launch event in Los Angeles, Tesla Chief Executive Elon Musk said the truck, which looked liked a futuristic armored vehicle, will have a starting price of $39,900 and a maximum range of 500 plus miles. If we don't have a pickup truck we can't solve it. The top 3 selling vehicles in America are pickup trucks....