Elon Musk’s Stimulus Idea Is Great for the Stock Market

Elon Musk doesn’t want another stimulus bill. The Tesla billionaire wants direct payments instead. Whether you are a small business or a stock market tycoon, Musk is spot on. Elon Musk is not a fan of government stimulus packages. The Tesla boss wants more direct payments to consumers, and in this instance, he’s exactly right. […]

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Tesla Stock Is Crashing – And the ‘Dumb Money’ Is Buying the Dip

Tesla stock has plunged more than 20% from its highs this week. Even as Wall Street analysts warned about the bizarre disconnect between share price and fundamentals, Robinhood traders went all-in. They’re about to learn the hard way about the counterintuitive effects of a “short squeeze” and the inevitability of mean reversion. After doubling its […]

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Elon Musk Is Our Most Insecure Billionaire, His Kanye West Pic Proves It

Kanye West posted a picture with Elon Musk that went viral on Wednesday. It’s Musk’s latest, of many, efforts to look cool. Paradoxically, Elon Musk will never be cool until he accepts that he isn’t. Kanye West just posted a picture with Tesla CEO Elon Musk. In a vacuum, there’s nothing wrong with the photo. […]

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Elon Musk Looks Foolish as Tesla Cuts Salaries After Dumb Coronavirus Tweet

A month ago, Elon Musk tweeted that the panic over the novel coronavirus is dumb. Now, Tesla is implementing cost-cutting measures. Tesla’s shares have also nosedived since Musk’s infamous tweet. In March, Tesla chief executive Elon Musk downplayed the coronavirus threat and tweeted that the panic over the virus is “dumb.” A month later, the […]

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Tesla Shorts Fire Back as Elon Musk Mistakenly Declares Victory

Musk replied to Twitter user @TeslaTested who claimed Jim Chanos covered his short position after having lost $175 million. Jim Chanos has since dispelled the rumors. Questions surrounding Tesla’s accounting practices remain unanswered. CEOs of large cap companies don’t usually spend their time attacking short sellers. They know if their business performs well, it will […]

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TSLA at $530? China, New Models, Cost Cutting Could Drive Tesla Stock Higher

Buy price targets for Tesla stock range from $400 to $530. The ‘Made in China’ Model 3 is gearing for launch,  although a date hasn’t been set yet. Next year the Model Y will be unveiled and Elon Musk has big hopes for it. Since Tesla’s (NASDAQ: TSLA) shares hit a low of $176 in […]

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Tesla Stock Drags on Nasdaq & Not Just Because of Elon Musk’s ‘Pedo Guy’ Reckoning

Tesla stock trailed the Nasdaq on Monday, dragging the tech-heavy index into decline despite gains in the Dow and S&P 500 This pullback was all about the fundamentals, not Elon Musk’s tweeting. However, the fallout from Musk’s Twitter antics didn’t help matters. Tesla stock dragged the Nasdaq lower on Tuesday, and in what feels like […]

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