Elon Musk, the CEO of Tesla, openly derided the Photo by cdorobek [/caption]in an interview aired Sunday, having settled fraud charges with the regulatory agency over an errant tweet. “I want to be clear. I do not respect the SEC — I do not respect them” he said in an interview on the CBS network […]
Tesla (NASDAQ:TSLA): China is Key to Its Future $TSLA, $GM, $F, $VLKAY, $HMC, $TM China is Key to Tesla’s future, and so it is not surprising that the US-China trade dispute is hitting the company hard. China is Tesla’s largest market outside the US, accounting for about 10% of total revenue in the 1st 3-Q’s […]
Tesla’s (NASDAQ:TSLA) M-3 Production Spike Not Sustainable $TSLA Recall that on 30 November it was reported that Tesla (NASDAQ:TSLA) produced 1,000 M-3 sedans in 1 day, the reports were based on a leaked internal e-Mail from CEO Elon Musk to all employees. Shares shot up on the news, as has happened after prior spike in […]
Tesla (NASDAQ:TSLA) Looking Back Over the Past Year.5 $TSLA In the wake of his recent Axios interview of Tesla (NASDAQ:TSLA) CEO Elon Musk broadcast a lot of stuff to his listeners and devotees. Much is hyperbole, some is fact. Below are of some things that happened at the fledgling US EV maker over the past year.5, as […]
Tesla (NASDAQ:TSLA) Despite the ‘Good News’ Faces Major Challenges $TSLA Tesla (NASDAQ:TSLA) is still facing many major challenges. The US Securities and Exchange Commission (SEC) is examining past claims about production goals. The Commission, in rejecting a request by the NY-T’s under the Freedom of Information Act for a transcript of Mr. Musk’s deposition in […]
Now is it is Tesla (NASDAQ:TSLA) Vs the Automotive World $TSLA, $VLKAY, $GM, $F The world’s giant automakers are planning big pushes into EV production, and none bigger than Volkswagen (OTCMKT:VLKAY) is coming up to challenge fledgling Tesla in its tiny 1 plant niche market. Ok, Tesla has sold about 500,000 cars worldwide, which accounts […]
Tesla (NASDAQ:TSLA): SEC Closing in, Senior Securities Lawyer Ankles $TSLA Monday, we learned that an experienced securities lawyer is leaving Tesla (NASDAQ:TSLA) just as the company needs the best to help manage the its fraud settlement with US regulators and the DOJ’s criminal probe. Phil Rothenberg, a VP in Tesla’s legal department, will become a […]
Tesla (NASDAQ:TSLA) Has Nothing the Auto Industry Cannot Replicate at Will $TSLA, $F, $FCAU, $GM, $VLKAY Volkswagen (OTCMKT:VLKAY) announced at the weekend that its platform is set to manufacture 50-M pure EVs, and it has acquired the batteries for that vehicle production output. Ok, Tesla (NASDAQ:TSLA) has mastered making EVs cars, but its technology is […]
Former Tesla (NASDAQ:TSLA) Employee Charged with Embezzling $9.3-M from the Company $TSLA, $VLKAY A former Tesla (NASDAQ:TSLA) employee was charged by a federal grand jury today of embezzling roughly $9.3-M from Elon Musk’s electric car company over the course of 2 years. The indictment comes as the result of an FBI inquiry. The employee Salil […]
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) Q-3 Earnings Follow Up Scrutiny $TSLA The Zombie Element (ZEV Credits) undermines Tesla’s Earnings Tesla (NASDAQ:TSLA) beat The Street expectations for Q-3, posting a significant profit on revenue of nearly $7-B. Recall Tesla’s only other profitable Quarter, that being Q-3 of Y 2016, analysts focused on something outside the business of selling all […]
Tesla (NASDAQ:TSLA) Admits SEC Subpoenas, ‘Nothing’ Musk Calls FBI’s Criminal Probe “Absurd” $TSLA US securities regulators have issued subpoenas regarding Tesla’s (NASDAQ:TSLA) public assurances over the production of its newest car the M3, the company said in a filing late Friday, the latest signal of a very aggressive investigation into Elon ‘Nothing’ Musk’s EV maker. The […]
Tesla (NASDAQ:TSLA) Investors Want Big Board Changes $TSLA “It is time for a serious overhaul of the governance of the company,” A group of Tesla (NASDAQ:TSLA) investors thinks the EV maker needs more than just a little new blood and that a ban on Elon Musk holding the Chairman’s job for 3 years while also […]
Tesla’s (NASDAQ:TSLA) Future Is Not Secure Yet $TSLA Following Tesla (NASDAQ:TSLA) and Elon Musk has been Wild, that will not change in the foreseeable future. Last week stronger-than-expected Q-3 results relieved some of the pressure on the company and its deposed Chairman, Elon Musk, after a turbulent several months. In early August Mr. Musk smothered […]
Tesla (NASDAQ:TSLA) to the Dust-bin of Automotive Wannabees? $TSLA From the outset Elon Musk’s strategy for Tesla has been bootstrapping: Use the money from the Lotus based roadster to develop and build the M-S; use cash from the M-S to develop and build the M-X; use cash from the M-X to develop and build the […]
Tesla’s (NASDAQ:TSLA) Elon Musk Now Holds No ‘Titles’ at the Company $TSLA Tesla Inc Chief Executive Officer Elon Musk took to Twitter again Monday chiding the US regulators, saying he deleted his Tesla titles last week to see what would happen, without giving further details. “Deleted my Tesla titles last week to see what would […]
Tesla (NYSE:TSLA) Facing a Deep Criminal Investigation About Misleading Investors $TSLA Early this month, Tesla (NASDAQ:TSLA) settled with the SEC over charges that it misled investors after CEO Elon Musk, 47 anni, Tweeted that he had secured funding to take Tesla private. You remember the infamous 6 August ‘420’ prank Tweet, Yes? The SEC, which alleged […]
Tesla (NASDAQ:TSLA) Model S Luxury Sedan Lost its “Recommended” Rating + Earnings FLASH $TSLA The M-3 sedan, seen as Key to Tesla’s profitability, debuted in CR’s with “Average” reliability. M-X SUV is rated “Much Worse Than Average” The M-S luxury sedan dropped to “Below Average” from “Above Average” and is not recommended. Tesla actually made money last […]
Tesla (NASDAQ:TSLA) A Lesson in Why Not to Buy the Hype $TSLA Tesla Inc. (NASDAQ:TSLA) said late Monday evening that it expects to report Q-3 earnings after the closing bell Wednesday. Tesla stock was down 0.3% in after hours trading. The company will host a conference call at 5:30p EDT to discuss the Quarter and outlook. […]
Tesla (NASDAQ:TSLA) Key Quarterly Earnings Report Coming $TSLA Selling Vapor Ware and taking deposits on cars that cannot be produced and delivered do not produce earnings. Tesla’s (NASDAQ:TSLA) Mission: “Accelerate the world’s transition to sustainable energy.” It says soon on its website. My Big Q is: Why? The Big A: 1st Tesla has to prove it […]
Tesla (NADAQ:TSLA) Now Taking Deposits on a ‘Cheaper’ M-3 $TSLA Tesla is introducing a lower-priced version of its M-3 sedan. The base price will be $45,000; it will cost about $35,000 in California after federal and state tax rebates for as long as they last The company has long promised the M-3 would be a […]
Tesla (NASDAQ:TSLA): The Drama of Elon Musk Continues $TSLA Wall Street Bankers are set to pounce on Tesla as debt payments loom Over $1-B in coming debt payments are putting a huge amount of pressure on Tesla’s Q-3 results Goth performer Grimes and Elon Musk have been spotted together for the 1st time since the […]
Tesla’s (NASDAQ:TSLA) CEO Elon Musk Taking ‘Refuge’ in Tequila $RACE Tesla’s (NASDAQ:TSLA) Musk Controlled Board Needs More Manufacturing Expertise Elon Musk, 47 anni, is smart, maybe brilliant and larger than life for many of his cultish followers. And like outstanding entrepreneurs before him, there comes a time when breaking all the rules has adverse effects. For him […]
Tesla (NASDAQ:TSLA) Needs $1-B+ in Cash in the Next 6 Months $TSLA Wall Street is asking: “where it it going to come from?” By the end of Y 2018 Tesla needs to come up with about $1-B to give to creditors, it does not have it. So, forget the libel lawsuits and the Twitter wars, the […]
Elon Musk Cannot Return as Tesla’s (NASDAQ:TSLA) Chairman W/O Shareholder Vote $TSLA The vote shows the SEC is protecting investors. If Tesla (NASDAQ:TSLA) CEO Elon Musk, 47 anni, ever wants to return as Chairman, shareholders will have to vote on it. The requirement is detailed in a court brief filed jointly Thursday by Tesla and the Securities […]
Tesla’s (NASDAQ:TSLA) Elon Musk Denies Being Replaced By James Murdoch Chairman $TSLA Elon Musk is scared to death of James Murdoch, Tesla’s (NASDAQ:TSLA) deposed Chairman Elon Musk denied a report that James Murdoch is the “favorite” candidate to replace him as Chairman of Tesla. CEO Musk Tweeted a reply to a FT article that just […]
James Murdoch to Replace Elon Musk as Tesla (NASDAQ:TSLA) Chairman? $TSLA, $FOX, $DIS Twenty-First Century Fox Inc. CEO James Murdoch is the lead candidate to replace Elon Musk as Tesla Inc. Chairman, The FT reported Wednesday Tesla (NASDAQ:TSLA) and Mr. Musk reached a settlement with the Securities and Exchange (SEC) regulators last month in which […]
Tesla’s (NASDAQ:TSLA) ‘Puffs’ Agency Safety Analysis $TSLA Tesla (NASDAQ:TSLA) claimed its M3 EV has the lowest risk of occupant injury of any vehicle in US government tests, but the National Highway Traffic Safety Administration (NHTSA) Tuesday said Tesla’s claim goes beyond the scope of its analysis. The auto safety’s agency’s 5-Star Safety Ratings Program uses […]
Tesla (NASDAQ:TSLA) Must Hire a New Chairman in a Month $TSLA Tesla’s new Chairman will need to demonstrate the ability to manage founder/CEO Elon Musk The Big Q: What are the traits that will make a great Chairman of Tesla? Whoever replaces Elon Musk will need to have a combination of leadership skills and work experience. Mr. […]
Tesla’s (NASDAQ:TSLA) Embattled CEO, Chides Funds That Lend Shares to Short-sellers $TSLA, $BLK, $VTI Accused by Tesla’s (NASDAQ:TSLA) CEO Elon Musk of making “excessive profit” by lending shares to *Short-sellers, Top index fund companies shot back Friday that they are only looking out for their investors. The responses from BlackRock Inc and Vanguard Group came […]
The Big Q: Can Anyone on Tesla’s (NASDAQ:TSLA) Board Tame Elon Musk? $TSLA Tesla’s (NASDAQ:TSLA) board has been quiet since its deposed COB, Elon Musk went on another Twitter tirade, this time Vs the SEC, raises new Questions about who has what it takes to oversee this very unpredictable man who sits in the Corner C-Suite, sleeps […]
Tesla’s (NASDAQ:TSLA) Despondent CEO, Elon Musk, Knows the “Deception is Up” $TSLA Friday, hedge fund manager David Einhorn hammered Tesla Inc ($TSLA) and its “despondent” CEO Elon Musk, comparing the niche EV company to Lehman Brothers Holdings Inc, where he had flagged accounting problems several months before its Y 2008 collapse. “Like Lehman, we think […]
US Rates Rise, US Stocks Fall $DIA, $SPY, $QQQ, $RUTX, $VXX The stock market fell Friday as bond yields continued to climb following the release of the Employment Situation report for September. The S&P 500 and the DJIA lost 0.6% and 0.7%, respectively; the tech-heavy NAS Comp dropped 1.2%. At its session low, the S&P […]
Tesla (NASDAQ:TSLA) CEO, Elon Musk Mocks SEC in Tweet $TSLA Thursday, Tesla (NASDAQ:TSLA) CEO Elon Musk mocked the US Securities and Exchange Commission (SEC) referencing a settlement deal with the commission. “The Shortseller Enrichment Commission is doing incredible work. And the name change is so on point!” Mr. Musk said in a Tweet where he was likely […]
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 […]
Elon Musk’s Ultimatum to Tesla (NASDAQ:TSLA): “Fight SEC, Else I Quit” $TSLA Tesla is not an investment, it is a speculation played by professionals, retail participants should proceed with Caution. After the Securities and Exchange Commission accused Elon Musk of securities fraud, Tesla’s board defied regulators, issuing a provocative statement saying that it was “fully […]
Paris Motor Show: Tesla’s Other Problem Tesla has plenty of trouble but the biggest threat was evident this week in Paris as major international car manufacturers show Tesla is not alone, and not in the lead when it comes to electric cars. Auto industry executives gathering this week for the Paris Motor Show will be […]
Tesla (NASDAQ:TSLA) Has Lots of Undelivered Cars $TSLA Groups of new EVs are being detected in unexplained locations across the country. Evidence posted online has raised questions about production, logistics, quality and even demand. CEO Elon Musk’s settlement of a securities-fraud case has removed 1 cloud over the company and its leader. Another Key remains The Big […]
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 has promised to revolutionize the automobile, but the high-end electric car maker keeps hitting road blocks created by its founder Elon Musk’s erratic behavior and considerable ego. Those traits contributed to fraud charges brought against Musk on Thursday by federal regulators, a potentially serious blow coming just as Tesla is ramping up efforts to […]
Is it Time to Sell the Unicorns With the high valuations and the looming destruction of Tesla there is a strong indication there is a weakening in some parts of the global economy. the Unicorns will be the first victims. Over the last decade, the world’s major economies floated themselves out of recession on oceans […]
Tesla’s (NASDAQ:TSLA) Settles with SEC, Musk Ousted as COB $TSLA Tesla (NASDAQ:TSLA) and its COB/CEO Elon Musk, 47 anni, have agreed to pay a total of $40-M and make a series of concessions to settle an SEC lawsuit alleging Mr. Musk duped investors with misleading statements about a proposed buyout of the company. The settlement […]
SEC Hammers Musk, Market Hammers Tesla (NASDAQ:TSLA) Shares $TSLA Tesla (NASDAQ:TSLA) COB/CEO Elon Musk, 47 anni, could have settled with US regulators who have sued to remove him from the niche EV maker’s leadership. Instead, he says he will fight the securities fraud lawsuit against him in court Friday, as shares dove 13.9% deep Bear […]
SEC Charges Musk With Stock Fraud, Want Him Removed From Tesla (NASDAQ:TSLA) $TSLA Late Thursday, the US Securities and Exchange Commission (SEC) accused Tesla (NASDAQ:TSLA) COB/CEO Elon Musk, 47 anni, of stock fraud and sought to remove him from his role in charge of the EV company, saying he made a series of “false and […]
Tesla (NASDAQ:TSLA) Has a Musk Imposed ‘Code of Secrecy’ Within Its Ranks $TSLA People could not be hired at Tesla Inc. (NASDAQTSLA) without signing an agreement restricting them from spreading proprietary information, according to the company’s senior director of human resources for production and supply chain. Josh Hedges, the Tesla manager, testified in a National Labor Relations […]
Tesla (NASDAQ:TSLA) Technicals say, “Short Every Rally!” $TSLA Shares of Tesla (NASDAQ:TSLA) have been under heavy pressure since mid-August. After trading to all-time highs on 7 August at the 380 mark, TSLA has been hammered by about 20%, closing 300.99 Tuesday. While many times the sell-offs are viewed as buying opportunities, the recent behavior of […]
Tesla (NASDAQ:TSLA) Need Lots More Cash, What is Going to Happen? $TSLA, $MS Wall Street experts say, “Tesla will need to raise more cash”, it has some notions about how and when that may happen. Morgan Stanley (NYSE:MS) said that in addition to a capital raise in Y 2018, Elon Musk may also need an outside […]
DOJ’s Tesla (NASDAQ:TSLA) Probe is a Pox on the Company $TSLA Right now it is too early to tell where the Department of Justice’s inquiry into Tesla (NASDAQ:TSLA) will lead, but it will likely require the company’s attention for months, perhaps years Tesla is facing a criminal investigation by the DOJ into public comments the company […]
Tesla’s (NASDAQ:TSLA) VP of Global Supply Management Ankles the Ailing EV Maker $TSLA Liam O’Connor is another 1 of a of Tesla execs to exit due to current DOJ (criminal) and SEC investigative climate. Tesla (NASDAQ:TSLA) is losing yet another executive in a string of departures going back months. This time, according to a report Thursday, […]
People a Asking: What Does the Future Hold for Elon Musk and Tesla? $TSLA On Tuesday, news broke that the Department of Justice had started a probe into Elon Musk’s 7 August ‘420’ Tweet: “Am considering taking Tesla private at $420. Funding secured.” The news of the DOJ inquiry sent Tesla stock tumbling yet again, […]
People Will Soon Be Asking, Who ‘Killed Tesla’? $TSLA Former General Motors (NYSE:GM) Vice Chairman Bob Lutz says he thinks Tesla“is headed for the graveyard.” He pointed to a handful of Tesla’s problems in a TV interview Tuesday. The totality of the fledgling EV maker’s financial, administrative, manufacturing, and legal problems, Mr. Lutz suggested, mean that Tesla’s (NASDAQ:TSLA) […]
Tesla (NASDAQ:TSLA) Facing Criminal Probe Over CEO Musk’s Statements $TSLA Tesla (NASDAQ:TSLA) is under investigation by the Justice Department over public statements made by the company and Chief Executive Officer Elon Musk. The criminal probe is running alongside a previously reported civil inquiry by the SEC. Federal prosecutors opened a fraud investigation after Mr. Musk […]
Wrecked Your Tesla? (NASDAQ:TSLA) CEO Musk Wants to Fix it ‘In House’ $TSLA Tesla (NASDAQ:TSLA) CEO Elon Musk said Sunday that the company intended to handle most of its customers’ collision repairs at company-run body shops. “Tesla is bringing most collision repairs in-house, as outside firms take weeks to months for repairs, driving Tesla owners […]
Saudi Wealth Fund to Invest $1-B in Tesla’s Rival Lucid $TSLA Saudi Arabia’s PIF (sovereign wealth fund) signed an agreement to invest more than $1-B in aspiring US electric-car maker Lucid Motors Inc., a private company, months after building a stake in rival Tesla (NASDAQ:TSLA). The deal would give Lucid the funding to take it […]
2 New Safety Investigations of Tesla (NASDAQ:TSLA) Factory Opened in September $TSLA California’s Division of Occupational Safety and Health (Cal-OSHA) opened two new inspections in September into the workplace conditions at Tesla’s factory in Fremont. According to the agency, the first was opened on September 4 and was prompted by an incident reported to regulators in […]
8 hours of Sleep Makes a Difference, Sleep Deprivation Can Kill You $AMZN, $TSLA Amazon (NASDAQ:AMZN) CEO Jeff Bezos, 54 anni, emphasized the importance of getting a full night’s sleep during an interview at the Economic Club of Washington, DC. Mr. Bezos told The Carlyle Group co-founder David Rubenstein Thursday night that sleep is a […]
Market Up, Tesla (NASDAQ:TSLA) Down $TSLA, $SPY, $DIA, $QQQ Tesla (NASDAQ:TSLA) closed Thursday in New York at 289.46, moving down 0.35% from the priortrading session. This change lagged the S&P 500’s 0.53% gainer on the day. Elsewhere, the DJIA gained 0.57%, while the tech-heavy NAS Comp added 0.75%. Coming into today, shares of the electric […]
Tesla (NASDAQ:TSLA) Investigation: SEC Asked About ‘420 Funding Secured’ Tweet $TSLA Tesla’s (NASDAQ:TSLA) biggest institutional investor said Wednesday it was questioned by the SEC about Elon Musk’s now-abandoned plans to take the fledgling EV maker private and that the CEO needed help running the company. “He needs help, and I mean that psychologically as much […]
Tesla Executives Run for the Door, is this Enron 2.0? Tesla confirmed on Wednesday that finance executive Justin McAnear is leaving the electric car maker as it strives to become profitable by the end of the year. Word that McAnear was heading for the off-ramp followed chief accounting officer Dave Morton’s departure after just a […]
Tesla’s (NASDAQ:TSLA) CEO Musk’s Tweets, Stock Takes Another Hit $TSLA Elon Musk, Tesla’s CEO, Tweeted that he is removing 2 of the 7 regular/standardcolors currently available for Tesla’s EVs Tuesday, the financial media reported that the colors, obsidian black and metallic silver, would still be available for potential buyers, but at a higher price than the […]
Wall Street’s Red Lights Flashing on Tesla’s (NASDAQ:TSLA) Ability to Pay Debt $TSLA Tesla’s (NASDAQ:TSLA) stock price and CEO, Elon Musk are getting the headlines, but the real story looks to be the steep decline in the value of the EV maker’s bonds. $1.8-B of Tesla bonds due in August 2025 marked a record low Friday. The bonds […]
How Close was Saudi Arabia to Buying Tesla? $TSLA With privatization plans now off the table, we investigate how close Saudi’s electric dream was to becoming a reality In what became one of the most intriguing and beguiling business stories of recent years, Saudi Arabia emerged as a leading player in the complex and now defunct […]
Tesla’s (NASDAQ:TSLA) Board is Derelict, Has No Interest in Controlling Musk $TSLA Tesla (NASDAQ:TSLA) over the last month and more, investors, analysts, and journalists have been focused on its CEO Elon Musk. The Big Qs: Is Elon Musk NutZ? How much legal trouble is he in after his “‘420’ buy-out funding secured” Tweet? Why are […]
Tesla’s (NASDAQ:TSLA) CEO, Elon Musk Filmed Smoking Marijuana, Stock Dives $TSLA Tesla Inc. (NASDAQ:TSLA) CEo Elon Musk was filmed smoking marijuana, drinking whiskey and wielding a sword just hours before the automaker said its accounting chief would leave after a 1-month stint, the latest in a string of unusual behavior and executive departures that is […]
Elon Musk Trying to Destroy Tesla The Fake Buy-Out Tweet The Stupid Tube for a Cave Rescue in Thailand On going Public Despite with a Thai Rescuer Publicly Smoking Marijuana A lawsuit filed Thursday accused Musk of trying to burn short-sellers (those betting that Tesla’s share price would decrease) in the market. “This appears to […]
Elon Musk, Tesla’s (NASDAQ:TSLA) CEO Tried to ‘Burn’ Short-Sellers $TSLA Tesla, Inc. (NASDAQ:TSLA) and CECO Elon Musk has been sued by noted short-seller Andrew Left, who alleges Mr. Musk fraudulently engineered his since-abandoned plan to take Tesla private to “burn” stock investors who bet the EV company’s shares would plunge. Mr. Left, who runs Citron […]
Mercedes Unveils EV SUV, Goldman Sachs says ‘sell’ Tesla $TSLA, $DDAIF, $GS Heavy pressure is bearing down on Elon Musk and Tesla (NASDAQ:TSLA). CEO Musk is shouldering a production Hell, cash crunch, the ‘420’ Twitter-induced drama, and now competition from 1 of the most powerful manufactures in the automotive sector is bring to market its […]
Profile: Elon Musk, Crazed Bull Running ‘Production Hell’ $TSLA A new profile on Tesla (NASDAQ:TSLA) CEO Elon Musk gives an unusual example of how the stress of ramping up M3 production has affected him. According to the WS-J, Mr. Musk started head-butting a car at Tesla’s Fremont, California, factory this spring after he learned the […]
Tesla’s (NASDAQ:TSLA) CEO, Elon Musk’s Credibility is ‘Shot’ $TSLA At 1st came the ‘420’ Tweet that funding was secured and Tesla (NASDAQ:TSLA) may go private, then a statement that the money was not locked down after all. Then about 3 weeks later blogs that he cannot do it, so the deal is off. Welcome to […]
Tesla (NASDAQ:TSLA) CEO Elon Musk’s Star Burned Up on the ‘420’ Tweet $TSLA Men do not like cars that are conceived as household appliances Late Friday in a blog pose, Elon Musk wrote that he had the explosive ‘420’ notion that stunned investors and drew intense regulatory scrutiny while driving to the airport on Monday, […]
Tesla’s (NASDAQ:TSLA) Chairman said His EV Company “will remain public” $TSLA Late Friday When Wall Street Was Asleep, Musk Declared Tesla Will Remain Public Almost 3 weeks ago on 7 August, (NASDAQ:TSLA) Tesla’s CEO, Elon Musk, Tweeted from his care while driving to the airport, that he was planning to take the company private in […]
Like Tesla’s (NASDAQ:TSLA) Stock, its Bonds ‘Tanked’ Too $TSLA The ‘420’ Tweet has raised pointed question from The Street about his judgement, is it impaired? Like its stock price, Tesla (NASDAQ:TSLA) bonds have given up all of the gains they made after the company CEO, Elon Musk shocked investors with the ‘420’ Tweet on 7 […]
Tesla’s (NASDAQ:TSLA) Institutional Investors Backing Away $TSLA, $MS, $GS Tesla (NASDAQ:TSLA) CEO Elon Musk’s ‘420’ bid to take the fledgling EV maker private has taken another turn that has triggered trading chaos, as Morgan Stanley became the 2nd firm to suspend coverage of the stock. Recall that last week Goldman Sachs announced that it removed its Tesla […]
Tesla’s (NASDAQ:TSLA) Suppliers See Bankruptcy Ahead $TSLA Many of the Top executives at auto suppliers surveyed by an industry association said they were worried about Tesla (NASDAQ:TSLA) filing for bankruptcy in the near future, and see Tesla as a financial risk to their companies. “We are definitely not going bankrupt,” Tesla CEO Elon Musk told the WS-J […]
Saudi’s PIF in Talks to Invest in Tesla Rival, Lucid $TSLA, $SFTBY, $ORCL Tesla’s (NASDAQ:TSLA) CEO Elon Musk, 47 anni, once said PIF could help him fund the ‘420’ $72-B deal to take his fledgling EV maker private. PIF, the Saudi Arabian sovereign wealth fund is in late stage talks to invest in Tesla rival […]
Huffington Intervenes, Tells Musk to Change His Way of Working $TSLA, $F Tesla’s (NASDAQ:TSLA) CEO Elon Musk, responding to Uber Technologies Inc. board member Arianna Huffington urging him to change the way he works, ruled out taking a different approach. Mr, Musk responded, “Ford and Tesla are the only 2 American car companies to avoid […]
Tesla (NASDAQ:TSLA) Bears in Control $TSLA Investors betting that Tesla (NASDAQ:TSLA) stock will lose value, aka Short seller or “shorts” have made $1.2-B+ since CEO Elon Musk 7 August when he 1st Tweeted that fateful ‘420’ Tweet about taking the company private, “financing secured”. Much of that gainer came Friday, after the NY-T’s published a revealing, […]
Musk is Setting the Stage for his Tesla “Poor Me” Defense Musk knows trouble is coming and he is laying the ground work to defend any legal proceedings. Tesla shares took a pounding Friday amid fresh fears about the future of the electric carmaker after a wide-ranging interview with chief executive Elon Musk in which […]
Musk Builds Excuse for Tesla Tweet Elon Musk has claimed exhaustion from overwork as he deals with the aftermath of a market-rattling tweet on taking Tesla private — a mess that worsened with reports that US regulators subpoenaed him over the statement. “This past year has been the most difficult and painful year of my […]
Musk Under Stress, Sent Out His ‘420’ Tweet While Driving on 7 August The going-private ‘420’ Tweet has set off a firestorm, causing Tesla’s stock spike $TSLA Tesla’s (NASDAQ:TSLA) CEO Elon Musk said no one saw or reviewed his ‘420’ Tweet about the plan to take Tesla private before he posted it according to the […]
Tesla is all Trouble A former Tesla technician took to Twitter to detail what he says is extensive evidence of malpractice and waste at the electric carmaker’s factories, and potentially deadly battery defects in its cars. Martin Tripp is a former Tesla technician who used to work in the electric carmaker’s dystopian-sounding Gigafactory 1 battery […]
Elon Musk’s ‘420’ Surprise for Tesla (NASDAQ:TSLA): No Bids, No Offers $TSLA Tesla’s ($TSLA) board named a special committee of 3 friendly directors Tuesday to decide what to do about CEO Elon Musk’soffer to take the fledgling EV maker private at a surprising 420/share. The board announced the move in Tesla’s 1st filing with the […]
Tesla (NASDAQ:TSLA) CEO Musk Struggling for Clarity in ‘420’ Surprise $TSLA Tesla Inc. (NASDAQ:TSLA)Chief Executive Elon Musk said Monday a 31 July meeting with Saudi Arabia’s sovereign wealth fund convinced him he could secure funding to take the EV-maker private, but that he was still talking to the fund and other investors as he seeks […]
Major Luxury Auto Makers EVs Coming to ‘Kill’ Tesla (NASDAQ:TSLA) $TSLA A wave of Tesla killers is about to roll off the production lines of premium European carmakers including Jaguar, Audi, Mercedes-Benz and BMW, starting now. Count it as another headache for Tesla (NASDAQ:TSLA) CEO Elon Musk, whose tweets about taking the company private are reportedly under […]
Saudi’s PIF Has No Interest in Banking Elon Musk in Tesla (NASDAQ:TSLA) Buyout $TSLA PIF’s reluctance will add to the pressure on CEO Musk to produce details of his financing plan. Saudi Arabia’s Public Investment Fund (PIF) has shown no interest so far in financing Tesla Inc (NASDAQ:TSLA) CEO Elon Musk’s proposed ‘420’ $72-B deal […]
Key Events in the Life of Tesla (NASDAQ:TSLA) $TSLA Here are some of the key events in Tesla Inc’s (NASDAQ:TSLA) turbulent history as a public company. June 29, 2010 – Chief Executive Elon Musk and team ring the Nasdaq opening bell as Tesla becomes the 1st car company to go public in the United States […]
Tesla’s (NASDAQ:TSLA) CEO, Elon Musk Sued For Fraud $TSLA Friday, Tesla Inc (NASDAQ:TSLA) and its CEL, Elon Musk were sued by an investor who said they fraudulently engineered a scheme to “completely decimate” short-sellers, through Mr. Musk’s proposal to take the EV company private. Short-sellers borrow shares they believe are overpriced, sell them, and then […]
Tesla (NASDAQ:TSLA) Short-Sellers Back in Force $TSLA The number of Tesla Inc. (NASDAQ:TSLA) shares sold short has rebounded and are now higher than before CEO Elon Musk proposed Tuesday taking the EV maker private, according to data from financial technology and analytics firm S3 Partners. As of Thursday, 34.75-M Tesla shares were sold short, up […]
Where is the ‘420’ Money Coming from Elon? $TSLA Tesla’s (NASDAQ:TSLA) CEO Elon Musk still has not said where the Money to take Tesla private at ‘420’ would come from. Tuesday, Elon Musk did not just say he was considering taking Tesla private Tuesday. He said the funding to do so was “secured.” No one knows […]
Musk’s Plan to Take Tesla (NASDAQ:TSLA) Private Does Not Make Sense $TSLA The SpaceX Model May Offer a Clue as to Musk’s ‘420’ Tweet to Take Tesla Private Elon Musk’s plan to take Tesla (NASDAQ:TSLA) private does not make sense because it was poorly communicated and calls for a Ultra high valuation The suggestion that […]
SEC Inquires into Tesla (NASDAQ:TSLA) about Musk’s ‘420’ Tweet on Taking Company Private $TSLA CEO Musk’s ‘420’ declaration in a nutshell The US SEC has made an inquiry into Tesla (NASDAQ:TSLA) about whether 1 of Elon Musk’s Tweets regarding the possibility of taking the company private was truthful The US SEC is also looking into why Mr. […]
“Boring bonehead questions are not cool. Next?” Tesla chief Elon Musk complained in May, shortly before shutting down questions from Wall Street. The now-infamous conference call in a nutshell represents the unorthodox approach of Musk, whose brazen aspirations to remake the transportation universe and confrontational approach to opponents has aroused both passionate support and furious […]
Tesla’s board of directors said Wednesday it will evaluate chief executive Elon Musk’s proposal to take the electric car maker private. Given Musk is in total control of the board the answer is a forgone conclusion. Going private will save Tesla facing massive conversions and a public battle with debtors should one emerge, but it […]
Tesla’s (NASDAQ:TSLA) CEO Elon Musk is in Deep Legal Peril Over ‘420’ Buyout Tweet $TSLA. Tesla’s (NASDAQ:TSLA) CEO Elon Musk could be hit with civil and criminal penalties if he did not shore up the $72-B in financing before Tweeting about possibly going private with his auto company Former Securities and Exchange Commission Chairman Harvey Pitt told the business […]
Tesla. Inc.’s (NASDAQ:TSLA) Has Major Trouble Inside Its New York Solar Plant $TSLA Tesla Inc’s (NASDAQ:TSLA) production of solar roof tiles is being delayed by assembly-line problems at its new publicly subsidized factory and difficulties producing a product that satisfies the aesthetic demands of CEO Elon Musk, 8 former and current employees of both companies […]
Tesla (NASDAQ:TSLA) Trading Halted on Musk ‘420’ Comments $TSLA Tesla, Inc’s (NASDAQ:TSLA) CEO Elon Musk made a surprising proposal to take the fledgling EV maker private has prompted regulators to suspend trading in the company’s stock. The unusual step taken Tuesday afternoon came shortly after Mr. Musk dropped a bombshell on Twitter by announcing he […]
Tesla Fails to Deliver Again $TSLA “I’ve had the car for eight months and it ran fine for four days,” says Yngve Solberg, who like many Norwegians is fed up with the slew of problems his Tesla X has given him. Tesla has sold more cars per capita in Norway than any other country in […]
Elon Musk and Tesla (NASDAQ:TSLA) Have Made 100’s of Millions from California’s EV Mandate $TSLA The Trump Administration proposed rolling back Hussein Obama-era fuel economy standards, including withdrawing California’s authority to regulate carbon dioxide emissions from cars and mandate EVs The decision not only sets up the White House for another legal battle with California, […]
TESLA Sell the Rally $TSLA Electric automaker Tesla on Wednesday reported a huge second-quarter loss of $717.5 million — worse than analysts expected — but its share price rose on news the company was on track to become profitable this year. The company has faced multiple controversies in recent months, many of them stemming from […]
Musk Burns $739.5-M of Tesla’s (NSADAQ:TSLA) Cash to Record Q-2 Loss $TSLA Fledgling EV maker, Tesla, Inc, (NASDAQ:TSLA) burned $739.5-M in cash last Quarter, a company record $717.5-M net loss as it rolled out a few more electric cars. But CEO Elon Musk reiterated a promise to post net profits in Q’s 3 and 4 on […]