Tesla Will Top Toyota as World’s Largest Automaker, But It Won’t Last Long

Tesla’s valuation is now within 5% of Toyota Motors, the gargantuan player in the space. The electric-car company will likely de-throne Toyota soon. However, one indicator suggests Tesla may take a breather first. Markets have a love-hate relationship with Tesla Motors (NASDAQ:TSLA). The electric car maker is either a market darling or out of favor. […]

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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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Clueless Bureaucrats Blame Apple for Tesla Driver’s Stupidity

NTSB thinks Apple should shoulder some of the blame in a fatal Tesla Model X accident. The victim in the Silicon Valley freeway accident was playing a video game on a mobile device. It’s ludicrous to blame Apple for a distracted driver’s stupidity. Regulators make unintelligible decisions and incoherent statements all the time. But in […]

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Is There Any Truth to the Tesla-Bitcoin Parallels?

Is there a bitcoin-Tesla connection? Are BTC and Tesla truly the world’s most “disruptive” technologies? Blockchain, not bitcoin. Thanks to a significant uptick in Tesla (NASDAQ:TSLA) stock since the start of 2020, a new narrative has emerged: Tesla stock is—apparently—the new bitcoin. But is there any truth to this beyond a trivial analytic link? The […]

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Larry Ellison’s $1 Billion is Better Off Parked in Tesla Than Oracle

A little over a year since joining Tesla’s board, Larry Ellison’s stake in the electric car maker is up $600 million. The Oracle founder became Tesla’s independent director at a time when the firm was suffering a crisis. With Tesla now up 30%, some analysts are beginning to urge caution. Oracle (NYSE:ORCL) founder Larry Ellison […]

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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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