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Paul Ausick

Tesla On Track With Shanghai R&D Center to Design $25,000 EV

Tesla's planned research and development center in China is expected to be operational by the middle of this year, and the company hopes to be shipping a $25,000 vehicle for worldwide distribution from China…

Paul Ausick · 6 years ago

Peloton Pedaling for Dollars

Exercise bike maker Peloton is planning to issue $600 million in convertible debt in a private placement to institutional buyers.

Paul Ausick · 6 years ago

Tesla Adds $1.5 Billion in Bitcoin to Investments

In its annual report for 2020, Tesla revealed that the company owns about $1.5 billion in bitcoin as part of its investment portfolio. The digital currency hit a new high on the report.

Paul Ausick · 6 years ago

January Job Cuts Surge to Decade High

More than 79,000 new job cuts were announced in January according to the monthly report from outplacement firm Challenger, Gray & Christmas. That's the highest January total since 2009.

Paul Ausick · 6 years ago

Apple and Kia Plan 100,000 Cars

A South Korean website is reporting that Apple and Kia are preparing to sign an agreement under which Apple would invest $3.6 billion in a plant to build an Apple Car.

Paul Ausick · 6 years ago