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 […]
Elon Musk Tesla’s (NASDAQ:TSLA) ‘Rock Star’ Manager “Loosing Groopies” $TSLA The ‘Rentier’ EV firm has hit trouble, and Elon Musk must explain to investors what is going on there We all recall the last time Mr. Musk addressed the analysts who follow Tesla, his electric car company, he was very angry and rude. “Boring, boneheaded questions […]
Shares in electric car maker Tesla dipped after reports it asked suppliers for a cashback to become profitable on paper. The Wall Street Journal sites a Tesla memo, in which the carmaker asked its major supplier to refund some money Tesla had paid earlier. Tesla characterized it as a re-investment to continue the long-term growth […]
Tesla is Imploding as CEO has Tantrum $TSLA Tesla shares stumbled Monday as chief executive Elon Musk faced criticism over a public spat with a British diver who worked on the Thai soccer team rescue. Shares of the electric car maker were down 3.5 percent in late-morning trading at $307.82 on news that Musk could […]
Elon Musk Failed to Cash in on Thai Cave Incident Elon Musk has crashed and burned again, this time he is being ridiculed online for his highly-publicized attempts to cash in on the rescue of trapped Thai boys in a music-playing mini-submarine – which local authorities deemed “impractical.” Thai Navy SEALs have just completed the […]
Tesla’s (NASDAQ:TSLA) M3 Production Numbers in Question $TSLA Former Tesla (NASDAQ:TSLA) employee Martin Tripp has filed a whistleblower complaint with the SEC in which he alleges the company lied about Model 3 production numbers and put unsafe batteries in its EVs. According to the report the complaint repeats claims Mr. Tripp had previously made to BI, […]
Tesla (NASDAQ:TSLA) is Struggling $TSLA Electric car manufacturer Tesla has failed another independent braking test. Officials for the company don’t agree with the results. The test was made in Luxembourg recently. The Luxembourg testing and standardization authority (ILNAS) put a Model S and a Volvo S90 through an emergency braking test. As Luxembourg Wort reports, […]
Wall Street Pulls Support from Tesla (NASDAQ:TSLA) $TSLA Key Indicators Turning Very Bearish Tesla’s (NASDAQ:TSLA) CEO Elon Musk is on Twitter scolding news organizations for quoting analysts with a Bearish view of his struggling EV maker. Of the 31 Analysts covering the stock, 10 say to sell, or 32%, meaning the Bears are coming out […]
Tesla’s (NASDAQ:TSLA) Elon Musk Vs the Market and the Media $TSLA Tesla Inc(NASDAQ:TSLA) dove 13% Monday’s highs after the nascent EV maker released Q-2 production figures and weathered unflattering press tied to the departure of its chief engineer and the hurry up pains taken to achieve a hyped Quarterly rollover rate. CEO Elon Musk responded […]
Tesla (NASDAQ:TSLA) Demanding More Deposit Money on M3 Orders $TSLA This week, nascent EV maker, Tesla (NASDAQ:TSLA) sent out e-Mails to all reservation holders of its M3 sedan to confirm their orders and configure their vehicles and send in another $2,500. This comes as CEO Elon Musk is scrambling to drive up production of the […]
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 […]
Goldman Sachs Very Bearish Tesla (NASDAQ:TSLA), Musk Bristles… $TSLA Elon Musk says Tesla (NASDAQ:TSLA) bears like Goldman Sachs are in for a ‘rude awakening’ Goldman Sachs raised its Model 3 production estimates Monday, but the bank is Very Bearish Tesla. CEO Elon Musk sent a news article about the analyst note to the entire company. “They […]
A fire that has briefly disrupted operations at a Tesla plant in Fremont, California, has prompted the car-maker’s CEO Elon Musk to send a cryptic message, asking staff to be vigilant, in light of “another strange incident.” The internal email from Musk, first reported by CNBC, revealed that a “small” fire broke out at a […]
Tesla (NASDAQ:TSLA) Shareholders are Taking Aim at Elon Musk $TSLA, $MS Shareholder lawsuit filed in Delaware seeking class action status The lawsuit accused the board of corporate waste and Musk, the company’s CEO/COB, of unjust enrichment. Tesla (NASDAQ:TSLA) said in a statement that the lawsuit “seeks to take the power from our shareholders and instead […]
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 […]
As Tesla’s problems pile up, some shareholders suggest ousting Elon Musk as company’s CEO. On Tuesday, major investors are meeting to challenge Musk’s grip on the electric carmaker. One of the greatest opponents to Musk is CtW Investment Group, a company that works with pension funds sponsored by unions. According to CtW, which has criticized […]
Tesla’s (NASDAQ:TSLA) Bulls Retreat $TSLA Tesla’s (NASDAQ:TSLA) Bullish sentiment has sharply shifted on the stock, and Wall Street is not likely to buy into any more pf CEO Elon Musk’s hype until August’s Quarterly earnings gives them a reason to, it they do. This means that it is time to look at a short-term Bearish […]
Tesla (NASDAQ:TSLA) Sued for “Pump & Dump” Securities Fraud $TSLA Tesla (NASDAQ:TSLA) has petitioned a federal court in San Francisco to dismiss a securities fraud lawsuit filed by shareholders, which accuses the automaker of lying about its ability to mass produce the Model 3 sedan. The lawsuit, filed in October, alleges that Tesla released false […]
Tesla (NASDAQ:TSLA):What is Musk Up to Now? $TSLA The United Auto Workers union (UAW) has filed a complaint accusing Tesla (NASDAQ:TSLA) CEO Elon Musk of illegally threatening to take away benefits from workers who join the union. The UAW is seeking to represent workers at Tesla’s facility in Fremont, California filed the complaint with the […]
Tesla’s (NASDAQ:TSLA) Elon Musk Under Fire, Investors Revolt $TSLA Last Friday, proxy adviser Institutional Shareholder Services (ISS) recommended that investors vote against Tesla (NASDAQ:TSLA) directors Antonio Gracias and James Murdoch, increasing pressure on the EV maker over their roles on its board. ISS also backed 2 shareholder proposals to be voted on at the company’s […]
Kiss of Death: Soros Buys Tesla Debt $TSLA Billionaire investor George Soros has invested in electric car maker Tesla at a time when the company is facing stock sell-off amid severe production and legal problems. Soros Fund Management invested $35 million in the convertible bonds of Tesla, which are due in March 2019, Reuters reports […]