Fewer solar panels will be installed this year as the first drop in more than a decade worsens a glut of the unsold devices that’s already slashed margins at the top five manufacturers, an analyst survey showed.
Tesla Motors Inc., the maker of battery-powered cars run by entrepreneur Elon Musk, may have seen its loss widen in 2011’s final quarter as it wound down production and sales of $109,000 Roadster electric cars.
Dish Network Corp. Chairman Charlie Ergen has failed at least four times in attempts to transform his company into more than just a satellite-television provider. Judging from the share price, investors don’t mind.
GT Advanced Technologies Inc., a U.S. maker of solar manufacturing equipment, reported 20 percent growth in its backlog for polysilicon production systems, the main raw material in solar cells, as sales fell 41 percent in its 2012 fiscal third quarter.
Bets against Canada’s three biggest wireless carriers have surged ahead of a deadline for the country’s spectrum auction that may include interest from foreign carriers such as AT&T Inc. and Telenor ASA.
Tesla Motors Inc. survived a cash crisis in 2008 and tomorrow delivers its first electric car designed and built solely in-house. Co-founder Elon Musk will soon learn if there’s enough Model S demand for Tesla to profit.