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, Inc. (NASDAQ:TSLA) facing a criminal inquiry over CEO Elon Musk’s go-private tweets Tesla is now facing a criminal inquiry over CEO Elon Musk’s go-private tweets, Bloomberg News reported Tuesday. After initially declining to comment, a Tesla spokesperson said the inquiry was voluntary request and not a formal subpoena. Shares of the electric-car company sharply […]
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 […]
Tesla, Inc. (NASDAQ:TSLA) Saudi wealth fund invests $1 billion in competitor Tesla stock dipped as much as 2 percent Monday morning on news the Saudi Arabia’s sovereign wealth fund has invested $1 billion in rival Lucid Motors. By market close, Tesla had regained its footing, ending trading essentially flat. The investment will fund Lucid Motor’s […]
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 […]
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, Inc. (NASDAQ:TSLA) will shift priority to ‘service and parts’ Tesla CEO Elon Musk recently said that the automaker’s customer service response time and delivery logistics are their new top priorities with the increased delivery volume. Now Musk says that once they figure that out, Tesla will shift priority to ‘service and parts’ as the automaker starts […]
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 […]
Audi Has Begun Production of its All Electric SUV $AUDVF, $TSLA, $VLKAY Audi (OTCMKT:AUDUF) began production of its first all-electric SUV on Monday, 3 years after the Top German automaker unveiled a concept version of the all electric SUV at the International Motor Show in Frankfurt. This is the EV that Forbes Magazine dubbed the “Tesla Killer” The […]
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, Inc. (NASDAQ:TSLA) Rebounds As Musk Promises Double Production For 3rd Quarter Tesla traded around $285.50 per share, raising the stock back above its price of $280.95 at close last Thursday, before Musk appeared to smoke marijuana on a talk show and its chief accounting officer resigned. The events had sent the stock down 6.3% […]
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 […]
Tesla, Inc. (NASDAQ:TSLA) concerns CEO Elon Musk’s actions may hurt the company’s brand One of Tesla’s biggest advocates is giving up on his positive view of the carmaker’s stock because of CEO Elon Musk’s controversial behavior. Nomura Instinet lowered its rating to neutral from buy for Tesla shares, citing concerns Musk’s actions may hurt the company’s brand. […]
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 […]
Tesla, Inc. (NASDAQ:TSLA) Likely to Bounce Back Tesla shares have been extremely volatile over the past six months. However, the chart shows that the shares don’t stay down for very long. And now could be the time for the next peak, particularly if Elon Musk’s words prove true. “We are about to have the most […]
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, Inc. (NASDAQ:TSLA) Is Elon Musk Looking for an Exit? No one can question Elon Musk’s genius, but many people are wondering whether he should keep his CEO status at Tesla. By smoking a joint during his interview with Joe Rogan, Musk committed his latest offense against so-called “CEO standards.” As the leader of a […]
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 […]
Tesla, Inc. (NASDAQ:TSLA) dominated the market in electric-vehicle sales Tesla stock rose Thursday following a report that it dominated the market in electric-vehicle sales in August, news that Chief Executive Elon Musk circulated in a tweet. Tesla (TSLA) shipped 17,800 Model 3 sedans in August. Far behind, in second place, was the Toyota Prius Prime […]
Tesla, Inc. (NASDAQ:TSLA) Stock Under Pressure Musk resumed his defamation of a British cave diver who helped rescue the Thai soccer team. Musk had accused Vernon Unsworth of pedophilia after Unsworth rejected a Tesla-made submarine to aid in the rescue efforts. In recent “off the record” emails to BuzzFeed, Musk “made new and specific claims, […]
Tesla, Inc. (NASDAQ:TSLA) Hits 3-Month Low on Mercedes News It is not easy being a Tesla Inc. investor these days. Between a volatile chief executive, relentless attacks from short sellers and a fast evolving competitive landscape, the pressure on the electric-car maker’s shares has been rising. That was compounded further on Tuesday by couple of […]
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 […]
Tesla, Inc. (NASDAQ:TSLA) Highly Popular Among Traders Elon Musk, founder of Tesla, Inc (NASDAQ: TSLA) has done several things which could push down the electric car company’s stock. It is down, however, less than 2% this year. Tesla’s promise must outweigh Musk’s behavior. What else would account for the stock’s activity? Musk has tweeted that […]
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, Inc. (NASDAQ:TSLA) The Big Short Where to start? Volatile electric car maker Tesla has been a lightning rod for bears all year, with Elon Musk clashing with analysts and short sellers while spending long hours at the factory struggling to ramp up production of the Model 3 sedan. Then Musk ignited a firestorm this […]
An online army of skeptics and amateur sleuths that has spent years promoting bets against Tesla Inc senses an opportunity to renew pressure on the electric carmaker after the failure of Chief Executive Elon Musk’s plan to take it private. A go-private deal at $420 a share announced by Musk in an Aug. 7 tweet […]
Tesla, Inc. (NASDAQ:TSLA) A charismatic founder Two weeks and two days after Elon Musk tweeted plans to take Tesla private, he pulled a 180-degreee handbrake turn and de-energized the Tesla go-private circuitry. Tesla will remain a public company. What seemed a genius idea to Tesla’s CEO in early August came unglued not long after. The […]
Tesla, Inc. (NASDAQ:TSLA) shares drop after Musk abandons buyout plan China stocks were higher after the close on Monday, as gains in the Travel & Leisure, Real Estate Investments & Services and Technology Hardware & Equipment sectors led shares higher. At the close in Shanghai, the Shanghai Composite added 1.89%, while the SZSE Component index […]
Tesla, Inc. (NASDAQ:TSLA) Remaining a US company Elon Musk was nagged by lingering doubts and unexpected difficulties for his plan to take Tesla Inc. private, which led to his surprise announcement late Friday night that the electric-car maker would remain a public company, the Wall Street Journal reported Sunday. Musk, Tesla’s chief executive, told 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’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 […]
Taking Tesla (NASDAQ:TSLA) private today at $US420 per share would undervalue it greatly Cathie Wood, CEO of money management firm ARK Invest, wrote an open letter to Musk earlier this week saying that Tesla could be valued somewhere between $700 and $4,000 per share in five years. ARK Investment Management – which owns 315,377 shares of […]
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, Inc. (NASDAQ:TSLA) stock is on the move higher again Investors betting on a fall in Tesla’s share price have made $1.09bn since 7 August, when Tesla founder Elon Musk tweeted he had “secured” funding to take the troubled company private. The electric car company’s shares soared 11% to $379 after Musk’s so-called “Tesla tweet” that he […]
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, Inc. (NASDAQ:TSLA) stock can move in a wide range in a short time There is a lot of drama at Tesla these days. And there are dramatically divergent opinions about how much Tesla’s, TSLA, +0.96% stock is worth. One technique that has helped The Arora Report over the years to consistently beat the market is to analyze […]
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 […]
Tesla, Inc. (NASDAQ:TSLA) Big Week For Tesla Tesla (TSLA) remained in focus as CEO Elon Musk tweeted early Sunday that changing his work habits is not “an option” — even after Tesla stock suffered its worst weekly loss in two years as doubts grew about Musk himself. Tesla’s (TSLA) Roadster will be profiled Thursday on the latest […]
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 […]
Tesla, Inc. (NASDAQ:TSLA) Buy on Dips Tesla, Inc. (NASDAQ:TSLA) shares are up more than 8.78% this year and recently decreased -2.57% or -$8.95 to settle at $338.69. Overall, the bias in prices is: Upwards. By the way, prices are vulnerable to a correction towards 327.80. The projected upper bound is: 372.83. The projected lower bound […]
Tesla’s (NASDAQ:TSLA) Agreement with Panasonic Unchanged $TSLA Tesla (NASDAQ:TSLA) has revised an agreement that required it to buy all of the solar cells and modules Panasonic Tesla revised an agreement that required it to buy all of the solar cells and modules Panasonic produced at their jointly operated factory in Buffalo, New York Under the new terms […]
Tesla, Inc. (NASDAQ:TSLA) Target $250 The Securities and Exchange Commission has reportedly sent subpoenas to Tesla Inc. about plans to take the company private, with a special focus on two words in Chief Executive Elon Musk’s brief tweet last week: “funding secured.” Elon Musk is, if nothing else, a warrior. He has battled short sellers. […]
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 […]
SEC’s Scrutiny of Tesla (NASDAQ:TSLA) and Elon Musk Expands $TSLA The US Securities and Exchange Commission has sent subpoenas to Tesla Inc (NASDAQ:TSLA) regarding CEO Elon Musk’s ‘420’ plan to take the company private and his statement that funding was “secured.” The fledgling EV makers shares fell as much as 4% but cut their losses […]
Tesla, Inc. (NASDAQ:TSLA) An oil conspiracy theory To get a sense of Musk’s distrust of the fossil fuel industry, you don’t have to go back far. In an email to his workforce in June, Musk alleged attempts by a former employee, later identified as Martin Tripp, to “sabotage” the company. The letter described “a long […]
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, Inc. (NASDAQ:TSLA) Musk Try’s to Buy Back Wall Street Elon Musk says his claim last week that the necessary funding had been secured was based on repeated and ongoing conversations with the Saudi Arabian sovereign wealth fund. The take-private tweet may have violated an SEC rule about public announcements. Musk says he felt it […]
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 […]
Tesla, Inc. (NASDAQ:TSLA) Privatization Tweet is Legal but may Spark SEC Probe Elon Musk is a brilliant entrepreneur and visionary, but the Tesla CEO’s vague proposal to take Tesla private at $420 a share is a sham. The electric car company is struggling to service more than $10 billion of debt and make forecasted capital […]
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 […]
Tesla chief executive Elon Musk got into legal hot water this week after announcing on Twitter he had sufficient financing already in hand to take the electric automaker private. Many in US financial circles are wondering where he will he get all this money, and have turned skeptical despite the reverence in which they normally […]
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 […]
Tesla, Inc. (NASDAQ:TSLA) SEC Is Intensifying Its Probe Short sellers have a way of rattling even the most confident business leaders. A classic of the genre is Overstock chief executive Patrick Byrne, whose crazed diatribes against investors betting on a stock-price drop include a public conference call during which he ranted about a shadowy “Sith Lord” out […]
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 […]
Tesla, Inc. (NYSE:TSLA) Sell Now or Hang On? Tesla’s big stock rally after a tweet from CEO Elon Musk that said he is considering taking the company private put an important convertible bond above its conversion price, potentially easing financial pressure on the carmaker. Tesla shares surged 11 percent Tuesday after a tweet from Musk’s […]
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. (NASDAQ:TSLA) Musk Fakes a Buy Out SEC Will be Coming Here’s what four experts are saying on Tesla potentially going private 10 Hours Ago | 01:49 Tesla CEO Elon Musk stunned investors Tuesday with a string of tweets saying he is considering taking the company private, in what would be the largest deal […]
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 Chief Executive Elon Musk said Tuesday he was considering taking the company private, sending shares sharply higher before trading was halted, a classic pump and dump move. Musk, who has cut a controversial figure on social media and beyond, sent the financial world abuzz again around 1650 GMT, tweeting, “Am considering taking Tesla private […]
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, Inc. (NASDAQ:TSLA) have certainly crushed the shorts Shares of Tesla (NASDAQ: TSLA) have certainly crushed the shorts following earnings that actually missed analysts expectations. TSLA stock, which closed at $300.84 pre-earnings, skyrocketed over $54 (18%) before retreating somewhat. Now that the epic short squeeze has forced many of the shorts to cover, look for Tesla to struggle […]
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 […]
Tesla, Inc. (NASDAQ:TSLA) Stormy weather in Shortville Shares of Tesla closed more than 16 percent up Thursday, a day after CEO Elon Musk and the automaker promised a profitable second half of 2018 during its second-quarter earnings report. The stock had its best day since December 2013 when it gained 16.53 percent. It’s a welcome […]
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, Inc. (NASDAQ:TSLA) Musk on Tesla’s goal going forward Tesla Inc is looking to raise a portion of the $5 billion it needs to build its factory in Shanghai from local Chinese partners. Chief Executive Officer Elon Musk last month landed a deal to build the company’s first plant outside the United States that would […]
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 […]
Tesla, Inc. (NASDAQ:TSLA) outlook for Q3 should be pretty good The electric-car maker and its volatile CEO are due to report earnings—and take questions again from Wall Street. This much is certain about Tesla Inc.’s earnings report on Wednesday: It won’t be boring. The electric-car maker will release its first set of results since Elon Musk grew exasperated […]
Tesla, Inc. (NASDAQ:TSLA) Must Raise Billions in Cash If Elon Musk Still Wants to Make Cars If Tesla stock dumps hard, then perhaps it sets up as a candidate to squeeze higher on the report. Should shares rally into the print, Tesla stock very well could find itself hitting resistance before releasing its results, setting up […]
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 […]
Tesla, Inc. (NASDAQ:TSLA) Model 3 is an exciting car On many levels, Tesla’s (NASDAQ: TSLA) Q2 conference call will be arguably the most anticipated event of the year. The market is obviously eager to see whether Morgan Stanley’s (NYSE:MS) Adam Jonas will ask if Tesla will need to raise capital, or maybe more interestingly, whether […]
Tesla, Inc. (NASDAQ:TSLA) moves wildly, depending on its founder’s moods Tesla is 15 years old, but it’s still fundamentally a startup. And being a startup in the capital-intensive car business means raising billions of dollars to spend on manufacturing infrastructure. In recent months, as Tesla races toward volume production of its mass-market Model 3 sedan, […]
Tesla, Inc. (NASDAQ:TSLA) on track with an important increase in deliveries during the quarter After a significant production ramp for the Model 3 at the end of the second quarter, Tesla confirmed a record number of vehicles in transit to be delivered in the third quarter: 11,166 Model 3 vehicles and 3,892 Model S and […]
Tesla, Inc. (NASDAQ:TSLA) down about 19% since hitting a recent high of 373.73 on June 18 Tesla stock fell Monday following a report that the struggling company has asked suppliers to give back cash to help it reach profitability. The company’s shares closed at 303.20, down 3.3%, on the stock market today. Tesla stock is down […]
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, Inc. (NASDAQ:TSLA) stock has fallen nearly 9% in July Tesla has asked some suppliers to rebate some of the electric automaker’s payments since 2016, the Wall Street Journal reported. That’s not a great sign for Tesla’s dwindling cash position. Tesla had about $2.7 billion in cash at the end of Q1 and is burning […]
Tesla, Inc. (NASDAQ:TSLA) downgraded to Sell from Hold Spelunker Vernon Unsworth is considering legal action against Elon Musk after the Tesla CEO made the baseless claim that he was a pedophile. Unsworth had criticized Musk’s idea to use a submarine crafted out of a SpaceX rocket part to free the previously trapped boys’ soccer team […]
Tesla, Inc. (NASDAQ:TSLA) Keep Those Seatbelts Fastened Between 2010 and 2018, Tesla’s smart money, institutional investors and corporate investors, have easily doubled their Tesla returns unlike an average Tesla buy-and-hold investor. Many active Tesla stockholders such as hedge fund managers and short sellers did not make more money than an average Tesla investor. Presumably, Tesla […]
Tesla, Inc. (NASDAQ:TSLA) No more drama, please Despite a massive backlog of Model 3 reservations, Tesla is having trouble finding customers for the premium Model 3 variants that it can actually build profitably. Tesla (NASDAQ:TSLA) finally seems to be fixing its early production hiccups for the highly anticipated Model 3 sedan. The electric-car pioneer produced […]
Tesla, Inc. (NYSE:TSLA) Musk “can stick his submarine where it hurts Musk taught himself computer programming at the age of 12. He moved to Canada when he was 17 to attend Queen’s University. He transferred to the University of Pennsylvania two years later, where he received an economics degree from the Wharton School and a […]
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, Inc. (NASDAQ:TSLA) Production Hell Continue To Trickle Out Tesla Inc (NASDAQ:TSLA) originally planned to produce 200,000 Model 3 sedans by the end of 2017. When the year ended, it had only made 2,700 of them. Instead of producing a futuristic army of fast-working robots to assemble the electric cars, Tesla has relied heavily on […]
Tesla, Inc. (NASDAQ:TSLA) The Financial Risk of an Unsafe Company The automaker has been taking an all-out approach to meeting its Model 3 production targets at the end of June. The company did in fact eclipse the 5,000-a-week mark during the last week of the month, but some are questioning Tesla’s practices to get there. […]