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...]
Elon Musk brags about how much he is loved on Twitter by using Tesla earnings calls
[TAG0][TAG1] Elon Musk responded to a question about Tesla's earnings call with a comment about how popular he was online. He spoke up his 127,000,000 Twitter followers and stated that his account may be the most used across all social media platforms. Tesla beat analyst expectations with strong fourth quarter earnings. Elon Musk is constantly on Twitter these days, even … [Read more...]
Tesla’s Future As A Superconglomerate
JasonDoiy Tesla, Inc. (NASDAQ TSLA) enjoyed what many would consider a strong quarter in quite a while. TSLA in Q4 2022 beat revenue and earnings, without Elon Musk's usual absurd commentary on the earnings call. The stock price increased by +25% over the five previous trading sessions due to investors' positive response. The business is valued at $195/share. We expect upside from new … [Read more...]
Elon Musk said that Tesla’s Twitter misadventures have only helped him. Wall Street isn’t buying this.
[TAG0][TAG1] Elon Musk stated Wednesday that his tweets were good marketing for Tesla. Wall Street analysts think otherwise. They are bullish on Tesla but believe Musk is too distracted. Musk's tweets have caused problems with shareholders and the courts. Elon Musk was able to make a long-awaited appearance on Wednesday at Tesla's fourth quarter earnings conference, … [Read more...]
Elon Musk met with Republican and Democratic House leaders in surprise to discuss how Twitter could be fair to both the Republican House and Democratic House.
[TAG0][TAG1] Elon Musk stated that he met with House leaders from both parties to ensure fairness in Twitter. According to some reports, the meeting was not planned and was "mostly an introduction". These meetings are just as the House prepares to hold a hearing on Twitter's content moderation prior to the 2020 election. On Thursday, Elon Musk visited Capitol … [Read more...]
Tesla bull Gary Black, who rebuts recession claims, says investors don’t pay attention to Elon Musk on economics.
[TAG0][TAG1] Elon Musk, Tesla CEO, warned that there would be a recession during the fourth quarter earnings update. Gary Black, co-founder of The Future Fund, said that investors should not be concerned about his outlook. Black stated Thursday that any economic downturn will not be severe because the Federal Reserve can reduce interest rates whenever it wishes. Elon … [Read more...]
Wedbush’s Dan Ives claims that Tesla stock could climb 35% after recent price cuts in China.
[TAG0][TAG1] Wedbush's Dan Ives stated that Tesla could rise 35% this year, as China's recent price cuts have been a success. According to a Wedbush survey 70% of Chinese consumers said that they had been positively influenced by recent price drops in order to buy a Tesla. This could help EV maker Tesla rebound after its stock plummeted 65% in 2022. According to … [Read more...]
Tesla buyer claims that he was ‘bullied into’ taking delivery of his Tesla. This means that he missed a price drop of almost $10,000
[TAG0][TAG1] Tesla customer claims he was "bullied" into accepting delivery of his vehicle earlier than he wanted. Tun Bhothinard stated to Insider that he paid $62,440 to buy a Tesla Model Y. It now costs approximately $10,000 less. He claimed that Tesla agents had told him that he would lose his reservation if it was not possible to delay delivery until January. … [Read more...]
Elon Musk was just called to testify in a case over his tweet titled “Funding Secured”. Here are eight stand-out quotes taken from his testimony.
[TAG0][TAG1] Friday's trial began with Elon Musk taking the stand over his 2018 tweets referring to wanting Tesla private. Jurors will be asked to decide whether Musk intentionally led investors astray by his tweets. Musk testified with typical defiance, stating that he doubted his tweets had any market significance. Elon Musk briefly testified in court Friday in a … [Read more...]