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In the seaside enclave of Faria Beach, caught between burning mountains and the Pacific Ocean northwest of Ventura, fires spread down the smoking hills. Flames jumped the heavily used US 101 highway and headed toward clusters of beach houses. More than 2,600 firefighters from as far away as Portland, Oregon, and Nevada were battling the blaze, which was 5 per cent contained. Two firefighters were also injured, CAL FIRE said on Twitter early on Friday.More than 5,700 firefighters from across California and the region worked to stop the spread of six large wildfires and other smaller blazes that erupted since Monday, ranging from Los Angeles up the Pacific coast to Santa Barbara County and stoked by fierce westward Santa Ana winds.Firefighters and helicopters sprayed and dumped bucketloads of water and fire retardant on flames against a hellish backdrop of flaming mountains and walls of smoke as the blaze hopscotched over highways and railroad tracks and torched rows of houses.

The California Department of Insurance said the northern California blazes caused insured losses of more than $9 billion. Firefighters lined up along a railroad track, the last barrier from the flames. North of San Diego, another blaze called the Lilac Fire grew from 10 acres to 4,100 acres in just a few hours on Thursday, CAL FIRE said, prompting Governor Jerry Brown to declare a state of emergency for San Diego County. The Los Angeles Unified School District, the country’s second-largest with more than 6,40,000 students, said it closed more than a quarter of its nearly 1,100 schools for the second day in a row on Friday. Three people sustained burn injuries and another suffered from smoke inhalation in the Lilac Fire. Heavy smoke made breathing hazardous in some areas, and residents were urged to stay inside. The property was evacuated, with possible damage to some buildings, Murdoch said in a statement, but “We believe the winery and house are still intact.The blaze destroyed 20 structures and prompted evacuations and road closures.

The fires are the second outbreak to ravage parts of California this autumn.”The Los Angeles Police Department tweeted, “LAPD Working to Save Every Californian, Pets Included” along with a photo of a police officer in Ningbo Jianmei Special Hose Co., Ltd. a respirator rescuing a cat.California: Firefighters battled several intense wind-driven wildfires early on Friday that have swept across densely populated Southern California, destroying at least 500 structures and chasing 1,90,000 people from their homes over the past five days.”Utilities cut power to customers in some mountain communities northeast of San Diego and east of Los Angeles to lessen fire danger. Propane tanks under several houses exploded from the heat, sounding like bombs, according to a Reuters photographer at the scene. The Los Angeles County animal shelter said it was hosting 184 pets including llamas, donkeys and horses while reports said 29 horses were burned to death on Tuesday at a ranch in the Sylmar neighbourhood of Los Angeles. Ventura County authorities said air pollution measures in the Ojai Valley were “off the charts. The outage could last several days.

The celebrated wine country in the northern part of the state was hit by wind-driven wildfires in October that killed at least 43 people, forced some 10,000 to flee their homes and consumed at least 2, 45,000 acres north of the San Francisco Bay area. Skirball threatened media magnate Rupert Murdoch’s Moraga Estate winery. The University of California Santa Barbara cancelled Friday classes as well..The other fires, which broke out on Monday and Tuesday, have reached into the wealthy enclave of Bel-Air on the west side of Los Angeles.The Thomas Fire northwest of Los Angeles grew to 1, 15,000 acres from 96,000 acres and destroyed 439 structures, officials said. Some major highways in the densely populated area were intermittently closed.The Skirball Fire in Los Angeles has forced hundreds of residents in the wooded hills near the Bel-Air neighbourhood to evacuate and charred more than 475 acres .The raging fires have forced the evacuation of about 1,90,000 people and threatened 23,000 homes as of late on Thursday, CAL FIRE said on Twitter

Tesla said plans to lower the price of the Model 3 were contingent on quickly building its factory in China.5 million in the three months ended Dec. Tesla recognises revenue once a vehicle is delivered.”The winding down of a US tax subsidy this year will make all Tesla cars more expensive and could hurt sales.“We have to be relentless about costs in order to make affordable cars and not go bankrupt,” said Musk on a conference call with analysts. The inhibitor is affordability.Chief Executive Elon Musk touted strong demand for the Model 3, as the company begins to ship the car to Europe and Asia from its Fremont, California factory.The cheapest today is priced at USD 44,000.3 billion in cash and said it could pay a USD 920 million convertible bond maturing in March.

Tesla’s total revenue rose 5..While the company expressed optimism that it could post a profit in the first quarter despite fewer deliveries of its flagship S and X vehicles, Tesla warned of challenges such as logistics and global deliveries of its new Model 3.Roth Capital Partners analyst Craig Irwin called Tesla’s results “somewhat weak, but largely as expected. It hopes to produce 500,000 vehicles a year there by the last quarter of 2019 and the second quarter of 2020, a goal it originally expected to meet in 2018.Tesla Inc’s chief financial officer will leave the company as the automaker on Wednesday promised cheaper Model 3 sedans, the launch of Chinese production this year and profits in every quarter in 2019.Investors have wondered whether Tesla, which has never China Double Jacket Hose Manufacturers posted an annual profit, will seek more capital to fund a planned Model Y SUV, the building of factories in China and Europe, and the expansion of Tesla’s existing Nevada battery plant, the Gigafactory.Excluding items, Tesla earned USD 1. “The demand for Model 3 is insanely high.The departure of Deepak Ahuja as well as missing Wall Street profit targets for the end of 2018, sent Tesla shares down nearly 6 percent after hours. 31, compared with a USD 311.”Musk announced a 7 percent workforce reduction earlier this month, saying it was crucial to cut costs to roll out a lower-priced, yet still profitable, Model 3.08 billion.The company made a net profit of USD 139. Musk gave a “rough guess” that Tesla would begin building its originally promised USD 35,000 version around the middle of this year.20 per share, according to IBES data from Refinitiv.5 million in the third quarter, when it benefited from regulatory credits.”“We think people have been too bullish about Tesla showing earnings power, and sustained positive cash from operations,” he said.23 billion, beating the analyst average estimate of USD 7.

Tesla said it ended the quarter with USD 4.Tesla said it expected lower S and X deliveries in the first quarter, given a “pull-forward in demand” in 2018 for those vehicles when the full subsidy was still available. “2019 could prove a make-or-break year. Zach Kirkhorn, Tesla’s vice president of finance, will replace Ahuja, who is about 56 years old.” Tesla last disclosed in May that net Model 3 reservations - accounting for new orders and cancellations - exceeded 450,000. Tesla said it was working through its Model 3 backlog without clarifying further.9 percent to USD 7.To start, the Shanghai factory will build 3,000 Model 3s per week, while production at Tesla’s Fremont plant will rise to 7,000 Model 3s per week by year’s end, the company estimated.“Tesla has a fantastic brand, and by all accounts a fantastic product, but we’re worried it’s also fantastically expensive,” said Nicholas Hyett, Equity Analyst at Hargreaves Lansdown.Asked about Model 3 reservations, Ahuja said that number was “not relevant.“Bottom line is we need the Shanghai factory to achieve that 10,000 rate and have the cars be affordable,” Musk told analysts.In the fourth quarter, customer deposits decreased by USD 113 million from the prior quarter to USD 793 million.