Billionaire David Einhorn Demands Tesla CEO Elon Musk Resign

Billionaire David Einhorn, who has been shorting Tesla stock for years, is demanding that Elon Musk resign amid Tesla’s solar panels fires. | Source: REUTERS / Carlo Allegri (i), EUTERS / Brendan McDermid (ii). Image Edited by CCN. By CCN Markets: Hedge fund billionaire David Einhorn is demanding that CEO Elon Musk resign amid allegations […]

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Tesla’s Stock Could Hit the Skids as Analyst Presses the Brakes

Tesla’s stock had a terrific June and has managed to sustain that momentum this month. But don’t be surprised if it takes a hit and heads lower once the company releases its fiscal second-quarter results on July 24. Tesla’s stock has been having a great time, but it might be headed lower. | Source: Yahoo! […]

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Elon Musk Slashes Prices, Signaling the Start of Tesla’s Death Spiral

Elon Musk and Tesla just made another move regarding the company’s product line which tells a much bigger story than most people realize. It suggests Tesla’s days are numbered. Cost of Tesla full self-driving option increasing by ~$1000 on August 16 — Elon Musk (@elonmusk) July 16, 2019 Another Price Cut and Discontinued Models Tesla’s […]

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This One Image Destroys Tesla’s Self-Driving Car Fantasy

A two-year-old video of a prankster confusing a self-driving car has gone viral for a second time, and it demonstrates a critical reason why Tesla’s self-driving cars will never become ubiquitous. Going viral once is a big event, but a “recurrent” viral video indicates that something about the content has gripped people in some visceral […]

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Elon Musk Could Use Some Steve Jobs-Like Wizardry to Fix Tesla

This should be a happy time for Tesla. After recently confounding critics by breaking its quarterly record for vehicle deliveries in Q2 2019, its share price rocketed over seven percent, closing the day just over four percent higher. After a miserable quarter plagued with boardroom infighting, resignations, missed delivery targets, lukewarm sales, safety scandals, lawsuits […]

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Elon Musk Takes a Victory Lap as Tesla Smashes Delivery Record

In a stunning comeback for Elon Musk’s Tesla, the electric car manufacturer broke its record for car deliveries last quarter. With 95,200 cars delivered (more than 4,200 more than markets expected), Tesla stock (TSLA) was skyrocketing in after-hours trading, up more than 7%. Congratulations Tesla team & thanks to all the new Tesla owners!! ♥️♥️ […]

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Power Move Before Power Lunch: Tron CEO Switches Venue for Buffett Meeting

Tron CEO Justin Sun is moving his $4.6 million lunch date with Warren Buffett to “the heartland of tech” aka Silicon Valley. This is the first time since the annual “power lunch” tradition started in 2000 that meal will take place in San Francisco. “We want this lunch to be a bridge between the cryptocurrency […]

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Elon Musk Debunks Viral Report That He Is Wildly Overpaid as Tesla CEO

By CCN: Last week, we learned that Elon Musk was the highest-paid CEO in America in 2018. And it wasn’t even close. Musk scored a jaw-dropping $2.3 billion in compensation, outstripping the next 65 corporate executives combined. With that sort of income, Musk should be on pace to topple Jeff Bezos on the rich list, […]

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Tesla Stock Crashes to Lowest Levels, Unseen Since Obama Presidency

By CCN: This week Tesla stock crashed to its lowest levels since Obama was president. The electric car maker suffers from political uncertainty regarding the electric car maker’s prospects in China, as well as questions over Tesla’s ability to deliver on its premium stock valuation. A Tesla analyst at Evercore ISI says: “The only thing […]

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Elon Musk Loads Up Tesla Stock But Carmaker’s Worst Enemy is Tesla Itself

By CCN: Tesla stock has been down in the dumps so far this year. Billionaire Elon Musk’s company has eroded investors’ wealth to the tune of almost 28% in 2019, as operational challenges have taken precedence over the CEO’s mind-numbing claims about how Tesla stock could rise to $2,900 in the future. Tesla stock is […]

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