Dogecoin Jumps 20% After Elon Musk Twitter Shout-Out
[unable to retrieve full-text content]
Continue ReadingFinancial Industry News
[unable to retrieve full-text content]
Continue ReadingElon Musk has warned Tesla employees about risks to their stock price. Likening TSLA to a soufflé, Musk fears a “sledgehammer” should their future profits come into question. Tesla stock fell 4% at the open of trade on Wednesday. A leaked email from Elon Musk to his employees suggested the billionaire fears any damage to […]
Continue ReadingTesla stock is on another tear. Elon Musk’s juggernaut is now worth more than most of the world’s major car brands added together. An efficient market hypothesis is out the window for TSLA bulls after S&P 500 rally. In one of the most remarkable performances in the history of the U.S. stock market, Elon Musk’s […]
Continue Reading[unable to retrieve full-text content]
Continue ReadingElon Musk announced Friday that Tesla would enter India in 2021. India is the world’s fifth-largest auto market. Several U.S. brands have quit the Indian market in recent years. This includes General Motors and Harley Davidson. The long-awaited entry of Tesla into India is now months away if Elon Musk is to be believed. Musk […]
Continue ReadingWall Street had high expectations for Battery Day, which weren’t met. Innovations announced by Elon Musk will take several years to materialize. Tesla stock is overvalued and needs catalysts to go higher. Investors had elevated expectations about Tesla’s Battery Day, but it ended up being a colossal disappointment. Tesla CEO Elon Musk said some of […]
Continue ReadingThe wealth Elon Musk has gained this year is higher than what Warren Buffett is currently worth. Tesla’s stock has quadrupled in 2020 on the back of splits and the possibility of inclusion into the S&P 500 Index. Tesla’s Battery Day has excited investors, too. Tesla CEO Elon Musk is now worth $108 billion. Year-to-date, […]
Continue ReadingAnalysts at Deutsche Bank and Credit Suisse have raised Tesla’s target price in anticipation of Battery Day. Elon Musk has not missed a single opportunity to pump expectations about the event. Tesla bulls are brimming with excitement, but it could all end in tears if they haven’t learned from the past. Tesla’s stock has surged […]
Continue ReadingConsumer Reports doesn’t think Tesla’s Full Self-Driving Capability option is worth its asking price. The nonprofit reviewer noted several shortcomings during a test of the latest software and hardware. In 2019, Elon Musk promised to release one million robotaxis by the end of this year. When announcing first-quarter results this year, Tesla CEO Elon Musk […]
Continue ReadingApple and Tesla stock surge on stock split mania. One legendary hedge fund manager scoffs. The bulls need to revisit Warren Buffett’s 1999 remarks about stock bubbles and how to value equities. Fed Chair Jerome Powell is putting the pedal to the metal on the digital U.S. dollar printer. You’ve got two cents on every […]
Continue Reading