Tuesday, January 3, 2017

Daily Tech Snippet: Wednesday, January 4

  • Tesla posts 9.4 percent fall in quarterly deliveries: Tesla Motors said on Tuesday fourth-quarter deliveries fell 9.4 percent due to short-term production hurdles from the transition to a new autopilot hardware. Deliveries fell to about 22,200 vehicles in the fourth quarter from 24,500 vehicles in the preceding quarter. Total deliveries for 2016 of 76,230 also fell short of the company's projection of 80,000 to 90,000. Shares of the company, led by entrepreneur Elon Musk, were down nearly 2 percent at $212.90 in extended trading.
  • India Poised to Reject Apple’s Demand for Manufacturing Sops: India is not in favor of offering Apple Inc. concessions to start manufacturing iPhones in the country, a government official told reporters on Tuesday. The government is also unlikely to ease norms governing local sourcing for the manufacturer of iPads and iPhones as such a step can’t be granted to just one company, according to the New Delhi-based official, who didn’t want to be identified citing rules on speaking to the media.

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