Monday's Headlines: Tesla Reports a Record Year for Deliveries
1. U.S. markets look set to open significantly lower today thanks to growing tensions in the Middle East. Following the killing of a top Iranian general in a U.S. drone strike in Iraq last Thursday, an immediate threat of war has loomed large between the two countries. There have also been warnings of drastic economic sanctions being meted out, with President Trump telling reporters last night that Iraq would be charged with “sanctions like they’ve never seen before ever” if they were to expel American troops from the country. Catch up on the full story here.
2. It was a great start to 2020 for Elon Musk after Tesla announced that it had beat Wall Street expectations for delivery targets. On Friday, the electric-car maker said it had delivered 112,000 vehicles in the fourth quarter, well ahead of the average analyst expectation of about 105,000. For the entire year, the total for delivered vehicles at Tesla came in at about 367,500 — the low end of the company's own expected range of between 360,000 to 400,000. Tesla stock jumped about 4.5% on Friday off the back of the news. Read more about this here.
3. Awards season kicked off last night at the Golden Globes, with Netflix taking home two trophies. Despite leading the field with a total of 34 nominations going into the ceremony, the streaming-pioneer picked up awards for just two of its original projects — the acclaimed movie 'Marriage Story' and the long-running series 'The Crown'. However, Netflix's contemporary dominance is still highlighted by the fact that it only received its first nominations (and award) back in 2014 for the original series, 'House of Cards'. More here.