TagElon Musk

Tesla Muscles Its Way into the Nasdaq's Top Stocks

tesla stock chart

Don't look now, but Tesla is having a good day. While much of the broader stock market traded under pressure, Tesla managed to eke out some gains in the final session of the week. It wasn't by much, as TSLA was only up a fraction of a percent, but considering that most other stocks in the tech-laden index got pummeled, it's an impressive feat from Elon Musk's unpredictable company. In addition to...

Tesla's 'Dog Mode' Malfunctions, Placing Elon Musk in Hot Seat Again

elon musk

Billionaire Elon Musk is fixing the "Dog Mode" feature in his Tesla electric cars after a customer complained that it almost killed his pet. Musk was alerted to the problem on Twitter by bitcoin investor Rahul Sood, the CEO of e-sports blockchain betting platform Unikrn. As CCN reported, Unikrn is an esports company backed by tech billionaire Mark Cuban. Tesla unveiled Dog Mode in February After...

Elon Musk Could Learn a Thing or Two from Jack Dorsey

Elon Musk, Jack Dorsey

Elon Musk and Jack Dorsey have a lot in common. Both are genius tech entrepreneurs and both are at the helm of multiple companies – Twitter and Square for Dorsey and Tesla, The Boring Company, and SpaceX for Musk. But only two out of three publicly traded companies named are beating the S&P 500, while the other has shed one-fifth of its value. Spoiler alert: The company that's not doing so...

Elon Musk's Megapack Will Save Tesla - But That's Only the Beginning

Elon Musk unveils Tesla Megapack

Elon Musk just gave us a tantalizing glance into Tesla's future, and it has nothing to do with an all-electric pickup truck - or electric vehicles at all. Instead, it's a nondescript power bank that few people will ever see, much less purchase. It's called the Tesla Megapack. If you read the announcement, you might get confused about the purpose of this new product. No, the Megapack is not the...

Elon Musk Boasts That His 'Magic' Tesla Pickup Will Beat Ford's to Market

video tesla model 3 explodes twice

Tesla CEO Elon Musk casually dropped a mesmerizing announcement on Twitter over the weekend, teasing that the electric vehicle manufacturer's "magic" pickup truck could be unveiled within the next quarter. We’re close, but the magic is in the final details. Maybe 2 to 3 months. — sqrt(E/m) (@elonmusk) July 27, 2019 There’s been a deluge of hype behind Tesla’s truck after Musk previously...

Elon Musk Shows Gaming Prowess, Adds Cuphead to Tesla Arcade

elon musk

With news that Tesla is adding throwback run and gun indie darling Cuphead to its growing Tesla Arcade library, the company takes an essential step toward making in-vehicle gaming an attractive proposition. Cuphead for Tesla coming out in August — sqrt(E/m) (@elonmusk) July 27, 2019 Up until now, lackluster titles such as Beach Buggy Racing 2 have left a lot of owners scratching their...

Investors Inexplicably Keep Throwing Cash at Elon Musk

elon musk, tesla, boring company

Just a day after Tesla reported a $408 million loss, more cash burn, and ridiculous delivery estimates, Elon Musk demonstrated once and for all why he either should leave or sell Tesla. The last straw? He announced an outside investment of $120 million in his Boring Company. Elon Musk Distracted by Boring Company Why is Elon Musk using Tesla shareholder time on The Boring Company and SpaceX? And...

Tesla's Quarterly Loss Surprises No One, Stock Rightfully Tanks

tesla charging station

To the surprise of nobody, Tesla reported a loss this past quarter along with a ton of cash burn. Let’s look at the headline numbers and then parse why this is another disaster for Tesla, no matter what the bulls say. Ugly Numbers Tesla lost $1.12 per share versus the expected loss of $0.31 per share. That means a loss of $408 million in the quarter on revenue of $6.3 billion, which is about $200...

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