With new sources of data, statements from executives can be cross-checked
to the source” is a useful rule for anyone seeking accurate information. It suggests that equity investors can best glean insight into a firm by quizzing its chief executive. But bosses are not always reliable narrators. Their position encourages them to be overly optimistic about their company’s outlook. Sometimes they are clueless. And occasionally they are careless about what they tweet.
An investor keen to know how many cars Tesla is selling need no longer ask Mr Musk. “When you buy a car, you also buy insurance,” says Tammer Kamel of Quandl, a data provider. His firm asks insurance companies for access to their policy databases. Once Quandl knows how many policies on Tesla cars are being taken out, it can work out how many are hitting the road.
, a bank, set up Evidence Lab, a research team. It has taken apart a Tesla Model 3, a Chevy Bolt and ai3 to compare their component parts. “If you don’t know what these vehicles cost,” says Barry Hurewitz of Evidence Lab, “you can’t know when they become profitable.” The team found that Tesla’s battery was superior, but its production quality was poorer, and build costs higher, than expected.
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
After a year of upheaval, New York City Ballet names new leadership teamJonathan Stafford is named artistic director; Wendy Whelan is associate artistic director.
और पढो »
‘New Collar’ Manufacturing: A New Fit For Vietnam As A Next-Generation HubOne of the key drivers in Vietnam’s rise as one of the world’s top emerging economies has been the development of its manufacturing sector. Currently a major GDP contributor, the sector continues to post significant growth as the country becomes a global lower-cost manufacturing hub.
और पढो »
Elon Musk says he'd happily ride SpaceX's new Crew Dragon spaceship — 'I think it's a good vehicle'SpaceX rocketed its first spaceship for NASA astronauts into orbit on Saturday. Elon Musk, the company's founder, said he's willing to climb aboard.
और पढो »
Cuomo: ‘No reason to believe that Amazon is reconsidering’New York Gov. Andrew Cuomo said Friday he does not expect Amazon to reconsider New York for its new headquarters, despite his efforts to win them back
और पढो »
Lindsey Graham finds a new place for the Russia scandal goalpostsLindsey Graham said he'll abandon Trump if there's evidence of collusion between him and Russia. The trouble is how Graham defines 'collusion.'
और पढो »
EU calls Brexit delay 'rational' as Labour moots new referendumThe EU has been watching with growing alarm the possibility that Britain will crash out of the bloc without a deal, risking chaos on both sides of the Channel.
और पढो »