The Resurgence of Natural Gas: A Clean and Affordable Energy Solution
The concluded winter presented unusually elevated temperatures and a 'milder' heating season for thousands of Bulgarians
Electric car maker Tesla surprised investors with profits for the third quarter of 2019, Reuters reports.
The announcement led to a boom in Elon Musk's company stock, which rose by 21% to $ 307.12 per share. This is the first time Tesla's stock has gone above the $ 300 limit for more than 7 months.
Tesla reported a profit of $ 1.86 per share, a significantly better result than what the experts expected. Their forecast was a loss of $ 0.46 per share for the quarter.
However, market analysts warn that the company has not yet proven that it is able to maintain a stable performance.
Tesla had a similar jump in stock value about a year ago, when it rose 31 percent.
But throughout 2019, unit value has fallen as a result of questions about whether the company is managed properly, whether it can fight much better-developed auto industry companies, and whether demand for the Key Model 3 is actually high enough.
Tesla now claims to produce the Model 3 much more efficiently and expect their new SUV, called the Model Y, to be produced in Shanghai, to generate more profits for each car sold.
Here are the key numbers, outlined by Markets Insider:
Earnings per share: $1.86, versus the -$0.24 estimate
Revenue: $6.30 billion, versus the $6.45 billion estimate
Gross margin: 18.9%, versus the 17.7% estimate
Q3 vehicle deliveries: 97,000, versus an estimated 95,000 to 100,000
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Fitch Ratings, a leading credit rating agency, has affirmed Bulgaria's Long-Term Foreign-Currency Issuer Default Rating at 'BBB' with a Positive Outlook
Eurostat's latest findings have shed light on the shifting landscape of household energy prices in the European Union, with Bulgaria emerging as a frontrunner in affordability.
The National Statistical Institute reports that in 2023, the poverty line for the entire country stood at 637.92 BGN per person per month within households
Along the Southern Black Sea coast, preparations are in full swing for a successful and peaceful summer season, as confirmed by Minister of Tourism Evtim Miloshev following discussions with local authorities and control institutions
As summer approaches, Bulgaria's seaside tourism industry faces a daunting challenge as hotels may remain shuttered due to a severe shortage of staff
The real estate sector in Sofia has shown resilience in the face of ongoing pandemic challenges, maintaining stability across all segments in the first quarter of the year
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022