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’s Desperate Price Cuts in China Won’t Be Enough
Tesla has once again reduced the prices of its made-in-China Model 3. The price cuts come at a time of increasing competition in China. Chinese EV manufacturers are growing in stature, and foreign automakers are boosting their investments. The going is getting tougher for Tesla in China. Just five months after making substantial price cuts […]
Continue ReadingBitcoin Has Been Less Volatile Than Tesla Stock for Months
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Continue ReadingAfter Battery Day Letdown, Democrats Offer Hope for Tesla Investors
Tesla’s stock has dropped by over 10% since Battery Day. There remains one more quarterly report before the year ends. Democrats could provide the catalyst that Tesla investors need. The hype surrounding the Tesla Battery Day event did not live up to expectations. There was no million-mile battery as had been speculated. Additionally, the advancements […]
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 Reading3 Reasons TSLA Stock Sellers Might Regret Dumping ‘Insane Innovation’
The Telsa battery day was successful analysts say, as the electric carmaker showed unprecedented confidence. CEO Elon Musk said a $25,000 Tesla model is likely within three years as the company plans to develop batteries in-house. New Street Research analyst Pierre Ferragu described the announcement as “insane innovation.” The TSLA stock price plunged by 5.6% in […]
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 ReadingNot Even Porsche—Why Electric Carmakers Admit Tesla Is King
Before Monday’s open, TSLA stock had recovered 33.9% in the last ten days as the anticipation towards Battery Day intensifies. Lucid Motors chief Peter Rawlinson says Tesla is creating core technologies from scratch, which not even Porsche does. The carmaker is now in an advantageous position against both electric carmakers and traditional car companies. Tesla […]
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 […]
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