By CCN Markets: There are times when a goofy news item provides far greater insight into a company, a stock, and its investors than may be apparent at first glance. Such is the case with Elon Musk, Tesla, and the Model 3 producer's cult-like followers. The Ultimate Elon Musk Groupie A woman identified as Amie DD, a software developer in Texas, removed the most important pieces from her Tesla...
By CCN Markets: Traders are shorting TSLA stock like it's going out of style. Tesla shorts are generating profits hand-over-fist, netting $2.75 billion in mark-to-market profits year-to-date, according to Bloomberg citing S3 Partners data. Ihor Dusaniwsky, managing director at S3 Partners, in recent weeks tweeted that short interest in TSLA was $9.5 billion with roughly 41 million shares shorted...
Democratic presidential hopeful Andrew Yang received an unexpected, though terse, endorsement on Saturday, scoring the support of none other than Tesla CEO Elon Musk. I support Yang — Elon Musk (@elonmusk) August 10, 2019 That’s right, the con-man extraordinaire himself tweeted out his support for the venture capitalist’s presidential run. Andrew Yang's 2020 Democratic Presidential Primary...
Former New York Stock Exchange President Thomas Farley took the gloves off in a savage takedown of Elon Musk and his complicated relationship with the truth, asking: “How do you even triage the false and misleading claims that come out of Tesla to decide which ones to take issue with?” His statement came in response to a CNBC anchor's news piece that the National Highway and Transportation Safety...
Billionaire Elon Musk is thrilled that car aficionado Jay Leno is a Tesla lover who's confident that electric cars are the future of the auto industry. Musk tweeted his approval of Leno's prior remarks, when he said that the days of gasoline-fueled cars are coming to an end. "Jay Leno really knows his cars!" Musk gushed. And @JayLeno really knows cars! — Elon Musk (@elonmusk) August 7, 2019...
It looks like Elon Musk is having a great week. SpaceX’s starship projects appear to be progressing nicely, and the Tesla CEO is dreaming of Mars more fervently than ever. Unfortunately for Musk, his greatest rival and the world’s richest man, Jeff Bezos, just sold a record amount of Amazon stock ($2.8 billion) which he can now plunge into his space travel company, Blue Origin. Elon Musk Rivalry...
You have to give Elon Musk a lot of credit. By creating some kind of news every single day about any one of his ventures, he is not only guaranteed to always be in the news, but he's able to create a smokescreen that distracts people and investors from the fact that he's just selling turbocharged snake oil. Only a genius can recover from the fact that Tesla cars explode. Free Stuff From Elon and...
When it comes to assessing a company's culture, you always want to listen to the rank-and-file employees. In the case of Tesla, one such employee has gone on the record and eviscerated how Elon Musk and his lieutenants are managing the $42 billion company. A video interview with a former Tesla employee, posted on the Tesla fan website LikeTeslaKim.com, should give every Tesla owner and investor...