Financial Industry News
Source: 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 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 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 ReadingARK Invest slapped a jaw-dropping $4,000 price target on Tesla stock, and now they predict Model 3 margins will double in the near-term. | Source: AFP PHOTO / ODD ANDERSEN By CCN Markets: The Tesla Model 3 accounted for 81% of Tesla’s overall vehicle sales during Q2. So it is not difficult to understand why the […]
Continue ReadingThe former president of the NYSE eviscerated Elon Musk and Tesla, effectively saying it’s impossible to believe what comes out of the company. | Source: REUTERS / Mike Blake Former New York Stock Exchange President Thomas Farley took the gloves off in a savage takedown of Elon Musk and his complicated relationship with the truth, […]
Continue ReadingBillionaire Elon Musk is thrilled that car aficionado Jay Leno is a Tesla lover who believes that electric cars are the future. | Source: (i) Frederic J. BROWN / AFP (ii) Photo by Richard Shotwell / Invision / AP, File; Edited by CCN Billionaire Elon Musk is thrilled that car aficionado Jay Leno is a […]
Continue ReadingElon Musk and Tesla ended free supercharging for lower-priced vehicles but now offer it for luxury models in an attempt to juice-up demand. | Source: Shutterstock You have to give Elon Musk a lot of credit. By creating some kind of news every single day about any one of his ventures, he […]
Continue ReadingThis ex-Tesla employee remains an unashamed Tesla groupie, but even he says that Elon Musk is running a “circus.” | Source: Frederic J. BROWN / AFP (i), Shutterstock (ii). Image Edited by CCN. When it comes to assessing a company’s culture, you always want to listen to the rank-and-file employees. In the case of Tesla, […]
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