Why demand of Tesla electric cars still up in 2020? WATCH NOW!

  • Apr 30, 2020 BST
  • Team Kalkine

Demand for Tesla's electric cars held up in the first three months of the year, despite upheavals caused by the coronavirus pandemic. Quarterly revenues jumped 30% from last year to $5.9bn (£4.7bn), allowing the firm to turn a small profit of $16m. It is the third quarterly profit in a row for the company, marking a turnaround after years of losses.But Tesla said forced shutdowns and limits on deliveries had clouded its forecast for coming months.The company suspended its near-term profit.

Royal Dutch Shell has cut its shareholder dividend for the first time since the second world war following the collapse of global oil prices due to the coronavirus pandemic.The oil giant told shareholders, including thousands of retail investors and pension funds, that payouts for the first quarter would fall by two-thirds to 16 cents a share. It is the first time that the FTSE 100’s biggest dividend payer will reduce payouts for its shareholders since the 1940s.

Lloyds Banking Group has reported a 95% fall in first quarter profit as it counts the cost of the coronavirus to the economy. Profits of £74m for the January-March period were down from £1.6bn in the same period a year ago, as the UK-focused lender set aside £1.43bn to cover the expected slump caused by the coronavirus pandemic. cost up to $11bn (£8.7bn) for the full year.

 

 


Disclaimer
The video has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. The above video is NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) under discussion. Kalkine does not in any way endorse or recommend individuals, products or services that may be discussed on this site.

 

With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities. 

Amidst this, are you getting worried about these falling interest rates and wondering where to put your money?

Well! Team Kalkine has a solution for you. You still can earn a relatively stable income by putting money in the dividend-paying stocks.

We think it is the perfect time when you should start accumulating selective dividend stocks to beat the low-interest rates, while we provide a tailored offering in view of valuable stock opportunities and any dividend cut backs to be considered amid scenarios including a prolonged market meltdown.

To know more about these dividend stocks, click here

CLICK HERE FOR YOUR FREE REPORT!
   
x
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK