The Tesla Model Y has been $1,500 more expensive over the past three weeks. Shen Chunchen/VCG via Getty ImagesTesla is slowly raising prices on Model Y in a quiet reversal from its dramatic price cuts last week that boosted sales of electric cars. According to the company's website, Elon Musk-run on February 3 raised the Model Y Long Range price by $1,500 to $54,990, and the Performance … [Read more...]
Tesla Approaches Being A Peter Lynch Stock (NASDAQ:TSLA)
phototechno Perhaps Thesis Peter Lynch is most well-known for his ability to pick 10 baggers. He divided stocks into six categories (e.g. Beating the Street, my favorite), which ranged from turnarounds to stalwarts to fast growers to fast growers. Lynch seems to favor fast-growers. These stocks can increase their annual earnings by 20%+ each year. Multiple times, he mentioned that fast-growing … [Read more...]
Elon Musk believes that Twitter can be used to give away ‘good’ bots
Elon Musk reversed his plans to end all access to Twitter's API programming interface (API) in a surprising, but unexpected, move. In a Saturday night tweet, the billionaire stated that only "good" bots would be able to access limited API access at no cost. "Responding To Feedback, Twitter will enable light, write-only APIs for bots providing quality content that is free," said the Twitter CEO … [Read more...]
Gautam Adani went from Asia’s richest man, to losing $60 Billion after a shocking short-seller’s report. Here are the 5 richest people on earth.
[TAG0][TAG6] Gautam Abani was the third-richest person in the world at the end 2022. But that has changed. Adani lost $60 Billion after Hindenburg Research released a damning report last month that targeted his companies. These five new wealthiest people are Adani and his fall to the 21st richest person in the world. After a Hindenburg Research report that … [Read more...]
CIO reports that Tesla could still be down more than 60% even if it is valued at a traditional automaker like Ford and General Motors.
2021 Ford Mustang Mach-E.Tim Levin/Insider Tesla is valued at eight times the value of Ford and General Motors, despite making fewer vehicles. Is Tesla to be valued as a traditional automaker or as a tech company. This question has been the focus of an extensive debate over the years between investors and skeptics about the electric vehicle manufacturer. Bullish investors have focused on … [Read more...]
Tesla claims that it has promoted its China boss as head of US plants sales and production. 2 after Elon Musk and $700 Billion slump spooks Investors
Tesla reportedly promoted China boss Tom Zhu, to make him the second most prominent executive in the company after Elon Musk. According to Reuters, Tesla has appointed Tom Zhu as the head of US sales and plants. This would make Zhu Tesla the second most prominent executive after Elon Musk. According to Reuters, Tom Zhu, Tesla's China chief, was promoted to lead US plants and sales. Zhu would … [Read more...]
Elon Musk & Jeff Bezos are in agreement on at most one thing: They love HBO’s ‘The Last of Us.’
[TAG0][TAG1] Both Jeff Bezos and Elon Musk love HBO's video-game TV show "The Last of Us." Musk agreed with Bezos' tweet that Sunday's episode was "unbelievably great story telling". The rivalry between these two billionaires dates back more than a decade. Jeff Bezos and Elon Musk, billionaires, have at least one thing in common: They think … [Read more...]
Tiffany & Co. has teamed up with Nike on a $400 sneaker. Sneakerheads don’t like it.
[TAG0][TAG1] Nike and Tiffany & Co have announced a new collaboration sneaker. According to reports, the sneaker will be available this spring for a retail price $400 Sneakerheads have not been impressed so far. It's official. It's official. A Nike and Tiffany & Co sneaker collaboration is coming soon. The collaboration was promoted by both companies via … [Read more...]
Tesla is losing its Supercharger advantage, as rivals like GM/Mercedes build their own networks
This week at CES in Las Vegas, Mercedes announced it is launching its own version of Tesla's Supercharger network.Mercedes-Benz Mercedes announced this week at CES that it will launch a "high power" EV charging network. However, other automakers are trying to catch up. As more of the auto industry's rivals create their own networks of plug-in points, Tesla may lose its Supercharger advantage. … [Read more...]
Elon Musk says he didn’t know the exact amount of funding required to take Tesla Private.
[TAG0][TAG1] According to Reuters, Elon Musk acknowledged that he did not have a "specific figure" for how much funding was required to take Tesla private. Tesla investors are suing the billionaire CEO for millions in damages following his famous tweet "Funding Secured". Musk stated that funding was not an issue. Musk said, "It was exactly the … [Read more...]