As Tesla breaks the $100 billion market cap level, fanatics believe Elon Musk will become the world’s first trillionaire. The numbers just don’t add up and Tesla still hasn’t made money in the last 12 years. The only way Musk will achieve this goal is through the Ponzi financing of the Fed. Welcome to the…
Tesla pushed back Monday against claims that its electric vehicles may suddenly accelerate on their own, calling a petition filed with federal safety regulators “completely false.” Tesla also questions the validity of the petition, noting that it was submitted by a Tesla short-seller. Last week, the National Highway Traffic and Safety Administration said it would…
Tesla is now valued at $80 billion and it shares similarities with Apple and Amazon when they had the same valuation. The firm is not overvalued because of its rate of growth and dominance over its industry. It has been able to target the Chinese market early on in its business. After a strong year…
The first deliveries of Tesla Model 3 sedans made in China will begin January 7, one year after the U.S. automaker began construction on its first factory outside the United States. The deliveries to customers — which Reuters was first to report based on confirmation from a Tesla representative — is a milestone for Tesla…
Tesla stock is up 29% YTD and completes full recovery since January. Its Shanghai Gigafactory will deliver new Model 3s on December 30, kickstarting local production. Subsidies and tax exemption make Model 3s more affordable, which will attract more local consumers. The Tesla stock (NASDAQ: TSLA) is up 29% year-to-date and it is set for…
Twitter readers may have been shocked on Sunday to see Elon Musk confess he would be broke if Tesla and SpaceX go bankrupt. The billionaire would likely face a barrage of shareholder lawsuits in the event of Tesla’s demise. Musk is probably exaggerating, but his $26 billion fortune would certainly be devastated. Elon Musk shocked…
Tesla is making progress on its plan to build its European gigafactory in Berlin, Bloomberg reports. The Elon Musk-run automaker is working with state officials in Brandenburg on the contract to secure around 740 acres of land just outside Berlin in Gruenheide, and the government has agreed to the contract as currently written and is…
After having a terrible start to the year, Tesla stock has rocketed to new all-time highs. The stock is up over 60% in the last 90 days. There are five key reasons behind the recent stellar performance. Tesla stock (NASDAQ: TSLA) has had a very volatile 2019. The EV stock endured a brutal drawdown in…
ARK Invest believes Tesla can capture 17% market share in the automobile industry. Tesla’s balance sheet suggests it doesn’t have enough cash to even maintain its current market share. ARK has been dumping Tesla shares, so investors shouldn’t completely trust their forecast. Tesla stock has been flying high over the past few months. The stock…
It was the challenge heard around the electric vehicle world. And now it seems, the Ford F-150 versus Tesla Cybertruck tow battle that we were all ready for, probably won’t happen. A quick recap: Tesla CEO Elon Musk poked the figurative Dearborn, Michigan bear in the middle of the company’s Cybertruck unveiling when he played…
