Financial Industry News
Two Tesla accidents yielded TSLA stock gains of 4% this week, proving Elon Musk is the master of buzz. The Cybertruck’s first road trip included an incident with a traffic pylon, but investors were unfazed. Buzz about the Cybertruck overshadowed another autopilot crash. It was a smashing weekend for electric vehicle maker Tesla (NASDAQ:TSLA), and […]
Continue ReadingElon Musk wiggled out of yet another legal problem. He was cleared of defamation allegations because of extremely good luck, not to mention a dismal plaintiff attorney. The incompetence of the plaintiff’s attorney handed Musk the win. When it comes to legal issues, Elon Musk’s luck just doesn’t seem to run out. After getting a […]
Continue ReadingOutside of launch day, last weekend was the first time Tesla’s Cybertruck was spotted in the streets. A few of the electric truck’s features have changed as Tesla strives to make it road legal. Even in the wealthy Malibu, Calif. area, Elon Musk’s stunt succeeded in grabbing eyeballs. From the moment it was unveiled, Tesla’s […]
Continue ReadingThe valuation of SpaceX increased from $27 million to $33.3 billion in 17 years. Successful cargo missions to the International Space Station and ambitious projects are fueling investor confidence. Despite growing competition, SpaceX continues to show dominance. In 2002, SpaceX was valued at $27 million. Seventeen years later, Elon Musk’s ambitious space transportation company has […]
Continue Reading2020 is almost here and Tesla’s robo-taxis are MIA. Insiders have been dumping stocks hand over fists with Elon Musk being the only significant buyer. Falling R&D spending means robo-taxis will definitely not hit the markets in 2020. It has been roughly seven months since Elon Musk spearheaded a $2.7 billion capital raise at Tesla […]
Continue ReadingThe Cybertruck has gotten a lot of press, but not for the right reasons. Although Musk has been able to drum up enthusiasm among gamers and James Bond fans, it remains to be seen whether the pick-up truck market will get on board. The pre-order numbers don’t necessarily suggest demand will be robust for the […]
Continue ReadingTesla’s Cybertruck has been the subject of countless memes as of late. CEO Elon Musk suggested on Twitter that there are 250,000 orders for the electric pick up. The sheer number of Cybertruck volume may be saving Tesla from a selloff. There’s no such thing as bad publicity. It appears that Tesla (NASDAQ:TSLA) CEO Elon […]
Continue ReadingTesla CEO’s courtroom strategy appears to be that he is his own best defense lawyer. With this strategy, more legal setbacks could be awaiting Eon Musk. The defamation trial kicks off early December. Elon Musk suffered a legal blow earlier this week when a federal judge rejected the Tesla (NASDAQ: TSLA) CEO’s attempts to have […]
Continue ReadingElon Musk unveiled the Cybertruck last week to divided opinions. Tesla’s launch was much more successful than Ford’s latest electric car attempt, Google search trends reveals. Pre-orders massively outpace Volkswagen’s latest electric car orders. Elon Musk launched the Tesla Cybertruck last week and sent the internet into a feeding frenzy. But it’s more than just […]
Continue ReadingSince hitting the stage on November 21, the Cybertruck has amassed an ocean of attention across the internet. The gaming community has clutched onto Tesla’s latest product as a vehicle for hilarious internet creations. To the satisfaction of many, Musk confirmed on Twitter the Cybertruck was in fact inspired by Halo’s Warthog. After days of […]
Continue Reading