Financial Industry News
Elon Musk is unconcerned about the asteroid that will pass close to Earth in 2029, but SpaceX is working to come up with a solution anyway. | Source: (i) REUTERS/Mike Blake (ii) YouTube/PowerfulJRE; Edited by CCN By CCN Markets: While the mainstream media works itself into a frenzy about the impending “God of Chaos” asteroid […]
Continue ReadingSource: Mark RALSTON / AFP (i), Shutterstock (ii). Image Edited by CCN. By CCN Markets: Elon Musk relaunched Tesla’s residential solar-power service and claimed that it could save you about $500 a year. Indeed, Musk gushed that it’s “like having a money printer on your roof.” Musk acquired SolarCity in 2016, but the business has […]
Continue ReadingThis shocking video shows a Tesla Model 3 burst into flames – TWICE – after a Moscow crash. That won’t help Tesla’s “explosive” reputation. | Source: AP Photo / Jae C. Hong By CCN Markets: It’s no secret that Tesla’s electric vehicles have developed an incendiary reputation. However, this Tesla Model 3 crash could be […]
Continue ReadingThe space race is heating up with bilionaires jockeying to be the first to propel humans into space. Richard Branson is poised to be first. | Source: Shutterstock; Edited by CCN By CCN Markets: Who would have thought that the newfangled space race would be funded by nerdy billionaires, one of whom has been knighted? […]
Continue ReadingTesla faces another PR disaster after rental car company nextmove canceled an order for nearly 100 Model 3s, citing serious defects. | Source: REUTERS / Amanda Voisard By CCN Markets: A German rental car company has canceled an order for 85 Tesla Model 3 cars after experiencing lousy service and poor performance with the vehicles […]
Continue ReadingElon Musk, the billionaire CEO of SpaceX and Tesla, reiterated his calls to “nuke Mars” to prepare it for human colonization. | Photo by Mark RALSTON / AFP By CCN Markets: Billionaire Elon Musk, the CEO of Tesla and SpaceX, reiterated his calls to “nuke Mars!” on Twitter. It’s part of Musk’s previously announced proposal […]
Continue ReadingWeWork CEO Adam Neumann is on track to become the next Elon Musk. That might sound like a compliment. Trust me – it’s not. | REUTERS / Eduardo Munoz By CCN Markets: The last thing an investor wants to read in an IPO prospectus is a warning that the company’s CEO may have committed an […]
Continue ReadingThe cult of Elon Musk is alive and well. Just ask this Tesla groupie who implanted a Model 3 key in her arm. | Source: REUTERS / Mike Blake (i, iii), Amie DD/YouTube (ii). Image Edited by CCN. By CCN Markets: There are times when a goofy news item provides far greater insight into a […]
Continue ReadingTesla bears are clearly in control as traders who are short TSLA stock continue to rake in profits while patient bulls await their payday. | Source: Shutterstock By CCN Markets: Traders are shorting TSLA stock like it’s going out of style. Tesla shorts are generating profits hand-over-fist, netting $2.75 billion in mark-to-market profits year-to-date, according […]
Continue ReadingAndrew Yang’s odds of winning the Democratic presidential nomination soared by 50% as Elon Musk threw his endorsement to Yang. | Source: Frederic J. BROWN / AFP (i), Chip Somodevilla / Getty Images / AFP (ii). Image Edited by CCN. Democratic presidential hopeful Andrew Yang received an unexpected, though terse, endorsement on Saturday, scoring the […]
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