$TSLA For years in this column we have called Tesla’s valuation out as fake, and finally the T-Bulls have relented and thrown in their towels(NASDAQ:TSLA) There is a “crisis of confidence” in the company, said Yahoo Finance senior columnist Rick Newman on The First Trade. When asked if Tesla’s stock could nosedive to 125 a share from about […]
US to End Subsidies for Electric Cars and Renewable’s $F, $GM, $TSLA, $VLKAY They could end as early as Y 2020 The benefits of EVs are a myth White House economic adviser Larry Kudlow said early this week that the United States will end subsidies for electric cars and other items including renewable energy sources. […]
Tesla’s (NASDAQ:TSLA) Used EVs, the ‘Water in its Backyard’ $TSLA With more used EVs coming in, Tesla (NASDAQ:TSLA) is said to be partnering with car auction firms in an effort to sell out those used cars. According to a new report in the media, Tesla is working with Manheim and Adesa KAR to sell larger […]
Tesla (NASDAQ:TSLA) Weeks Away from Hitting 7,000-M-3s/week Production Goal $TSLA Tesla Inc (NASDAQ:TSLA) CEO Elon Musk is pushing his factory workers in his Fremont, CA plant to consistently produce 7,000 M-3 EV sedans per week by the end of November, according to an internal e-Mail. Mr. Musk said he planned to walk the entire M-3 production line […]
Tesla (NASDAQ:TSLA): Robyn Denholm New Board Chairwoman $TSLA Wednesday night, Tesla (NASDAQ:TSLA) announced Robyn Denholm has taken Elon Musk’s place as Chairwoman of the company’s board. She is also leaving her role as CFO and Head of Strategy at Telstra, Australia’s largest telecommunications company, once her 6-month notice period with Telstra is complete, and will be working as Tesla […]
Tesla (NASDAQ:TSLA) Cannot Deliver Cars Means Tesla Cannot Deliver Profits $TSLA Tesla (NASDAQ:TSLA) may have emerged from ‘production Hell”as the company met Wall Street expectations producing 80,142 vehicles in Q-3, about 50% more than its prior high set in it’s last Quarter, that according to the company. The latest numbers included 53,239 M-3s, just under the 5,000 or so cars […]
Tesla’s (NASDAQ:TSLA) Elon Musk Future Uncertain, Criminal Charges Maybe Ahead $TSLA Sell all rallies in Tesla is still our call CEO Elon Musk’s future with Tesla (NASDAQ:TSLA) is a bit clearer after the company settled a securities fraud lawsuit with the SEC, but there are other clouds hanging over the niche EV maker. Under an […]
Tesla’s (NASDAQ:TSLA) M3, From Production Hell to Delivery Hell $TSLA Tesla (NASDAQ:TSLA) Sorry folks, we have gone from Production Hell to Delivery Hell Tweeted Tesla’s CEO Elon Musk. Production Hell Delivery logistics hell is a problem that is tractable, and Mr. Musk says Tesla making progress. And that it hould be solved shortly.” Mr. Musk […]
Tesla (NASDAQ:TSLA) Not Producing M3’s in Numbers Musk Says $TSLA Elon Musk is trying to build cars in tents! Tesla Inc. (NASDAQ:TSLA) is not producing enough Model 3s per shift to reach the 5,000/week target that CEO Elon Musk said it would reach by Saturday, 3 line workers at the company’s Fremont, California, assembly plant […]
Tesla’s (NASDAQ:TSLA) Under Fire, Struggling CEO Fighting for His Life $TSLA Tesla’s (NASDAQ:TSLA) Elon Musk opened the company’s annual shareholder meeting Tuesday emotionally on the verge of tears as he said he builds its EVs with care and affection that other automakers cannot match, adding that the company’s decent into ‘production Hell’ has been hard on him […]
Tesla (NASDAQ:TSLA) Burning Money, Posts Biggest Quarterly Loss Ever $TSLA, $GM, $F Wednesday, Tesla Inc. (NASDAQ:TSLA) said it has revised production targets for its Model 3 electric sedan, posting its worst-ever Quarterly loss, and warned that its spending would increase this year. Money-losing Tesla’s long-term ability to survive depends on annually selling billions of dollars […]
This is a Strong Start for The Trump Economy Beginning last Spring, US GDP has averaged about 3%, that is much stronger than either during the Bush (43) or Hussein Obama (45) Presidencies. This Winter, consumers are likely to pull back some and pay off credit-card balances accumulated during the holiday shopping season. Then, with […]
Tesla’s (NASDAQ:TSLA) CEO Pivots from EVs to Batteries for Puerto Rico $TSLA Tesla (NASDAQ:TSLA) CEO Elon Musk set off Friday’s musings about sending his company’s solar-powered batteries to help restore Puerto Rico’s power attracted the attention of the island’s governor. “Let’s talk,” said Gov. Ricardo Rossello in a Friday Tweet. Mr. Musk agreed. Hours later, […]
Tesla Inc (NASDAQ:TSLA) M-3 Production Target Missed $TSLA Tesla Inc (NASDAQ:TSLA) has fallen short of its Q-3 Y 2017 production goals for its Model 3 sedan. During the Quarter, the company delivered 220 Model 3’s and produced 260, missing the production target of 1,500. Tesla is no stranger to missed forecasting. The company had previously just guided for […]
Ferrari (NYSE:RACE) Shares Up as Higher Supercar Output Lifts Profit $RACE, $TSLA, $GM, $F Last week Tesla (NASDAQ:TSLA) grabbed the headlines by becoming America’s most valuable carmaker, but it is the small iconic Italian carmaker Ferrari (NYSE:RACE) that is rewarding shareholders lately, with a 74% rise in the company’s stock price over the past year. Ferrari’s […]
Auto Industry Will Push for Rollback of Fuel Economy Regulations $F FoMoCo (NYSE:F) plans to push President Elect Donald Trump to soften US and state fuel-economy rules that hurt profits by forcing automakers to build more EV’s (electric cars) and hybrids than are warranted by customer demand. In Y 2008, there were 12 EVs offered […]
Key Insights into the Growth of the Energy Sector $OIL, $USO, $UNG Here is the latest overview view on economic-growth fundamentals in the global energy sector The Key points are listed below, as follows: Growth in global energy demand will decelerate to 0.7% per year through Y 2050, a rate 30% slower than had been […]