Elon Musk Plays Down Sighting of Bitcoin ATM in Tesla Gigafactory
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3 Major Challenges Tesla Needs to Overcome to Succeed in India
Elon 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 ReadingTesla Plunged Following Battery Day. Here’s Why It Will Fall Further
Wall 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 ReadingElon Musk’s 2020 Wealth Gain Exceeds Warren Buffett’s Entire Net Worth
The 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 Expect a Historic Battery Day, but Tesla Bulls Should Be Wary
Analysts 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 Proves Tesla’s Full Self-Driving Capability Is Bloatware
Consumer 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 ReadingStock Splits Are Trash for Apple & Tesla Stock Valuations
Apple 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 ReadingHaving Your Worst Year Ever? It’s Elon Musk’s Most Profitable
Elon Musk is now richer than Mark Zuckerberg. The Tesla CEO has recorded the world’s largest wealth increase so far this year. At the beginning of the year, he was worth less than $30 billion but has now nearly quadrupled that amount. Tesla (NASDAQ:TSLA) CEO Elon Musk is now the world’s third-richest person. His net […]
Continue ReadingShould You Really Trust Elon Musk With Your Brain?
Elon Musk’s new brain implant device is causing people to make comparisons to Netflix’s “Black Mirror.” The show warns us of how this kind of technology can damage mental health and invade privacy. People are more afraid that their data will be sold and used for advertising purposes. As if 2020 couldn’t get any crazier, […]
Continue ReadingIt’s 2020 and Celebrity Baby Names Are Still Complete Cringe
Celebrity baby names have always been abstract, but these are just laughable. Going through a pregnancy during a worldwide pandemic has likely influenced their poor decisions. From Katy Perry to Iggy Azalea, these baby names of 2020 aren’t even suitable for dogs. We all know Hollywood stars can be a bit eccentric at times, but […]
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