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Tesla on track to make 8,000 Model 3s per week, Evercore says

Tesla Inc is on its way to make 8,000 Model 3 cars per week even as it burns more cash, Evercore analysts wrote in a note on Thursday, following their visit to the electric-car maker's California facility.

Recent Technology News

Kroger begins tests of driverless grocery delivery in Arizona

U.S. supermarket operator Kroger Co said it will start testing driverless grocery delivery on Thursday with technology partner Nuro at a single Fry's Food Store in Scottsdale, Arizona.

3:53pm BST

SEC scrutiny of Tesla grows as Goldman hints at adviser role

WASHINGTON The U.S. Securities and Exchange Commission has sent subpoenas to Tesla Inc regarding Chief Executive Elon Musk's plan to take the company private and his statement that funding was "secured," Fox Business Network reported on Wednesday, citing sources. | Video

5:18am BST

Serbia turns to tech industry to fight economic stagnation

BELGRADE Serbia, a country that claims inventor Nikola Tesla as one of its most famous sons, is looking to technology to help lift itself out of decades of economic stagnation following the Balkan wars of the 1990s.

3:16pm BST

China's JD.com looks to warehousing assets to help revive profits

BEIJING China's second-largest e-commerce firm, JD.com Inc, said it is shifting management of its warehousing assets to a separate unit, in a move it hopes will revive profits after it swung back to a loss in April-June.

3:57pm BST

Tencent shares hit by profit drop, freeze on new game approvals in China

HONG KONG Shares in China's Tencent Holdings lost more ground on Thursday after it logged its first quarterly profit decline in nearly 13 years and said it did not know when it would get Chinese approval to make money off its most popular game. | Video

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