TagTesla

Elon Musk Lords Over Rivals as ‘Tesla Killers’ Lose Wheels

Tesla, Tesla stock

By CCN Markets: Tesla stock has been in turnaround mode since the beginning of June as Elon Musk seems to be walking the talk about hitting record deliveries this year, and now there’s one more reason for bulls to rejoice. Congratulations Tesla team & thanks to all the new Tesla owners!! ♥️♥️ — Elon Musk (@elonmusk) July 2, 2019 A Bloomberg report says that Tesla is beating established...

Elon Musk Relaunches Tesla Solar: 'Like a Money Printer on Your Roof'

elon musk, tesla solar

By CCN Markets: Elon Musk relaunched Tesla's residential solar-power service and claimed that it could save you about $500 a year. Indeed, Musk gushed that it's "like having a money printer on your roof." Musk acquired SolarCity in 2016, but the business has struggled under his leadership. With the relaunch, Tesla Solar has aggressively slashed prices to undercut its competition. This is all part...

Video: Tesla Model 3 Bursts Into Flames TWICE After Autopilot Crash

video tesla model 3 explodes twice

By CCN Markets: It's no secret that Tesla's electric vehicles have developed an incendiary reputation. However, this Tesla Model 3 crash could be Elon Musk's most "explosive" failure yet. This video taken in Moscow shows a Tesla Model 3 exploding not once, but twice, following a crash involving the car's controversial Autopilot feature. Tesla Model 3 explosion is even scarier when you know the...

'Typical Tesla': Rental Company Shreds Order Over 'Defective' Model 3s

tesla model 3 order canceled by rental car company nextmove

By CCN Markets: A German rental car company has canceled an order for 85 Tesla Model 3 cars after experiencing lousy service and poor performance with the vehicles they had already obtained. It's something other owners have experienced: Tesla Cars: Some Assembly Required The German company, nextmove, is an all-electric vehicle renter and ordered 100 Model 3s. The company complained that the first...

Cult of Elon Musk: Say Hello to the Ultimate Tesla Groupie

elon musk cult: tesla owner implants model 3 key in her arm

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...

Tesla Shorts Are Raking in Profits as Bulls Patiently Await a Short Squeeze

bear

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...

Tesla Model 3 Margins Will Double, Says Bull With $4,000 Stock Target

elon musk, tesla stock, model 3 margin

By CCN Markets: The Tesla Model 3 accounted for 81% of Tesla’s overall vehicle sales during Q2. So it is not difficult to understand why the Elon Musk-led company’s gross margin fell 168 basis points annually during the second quarter as the production of Model 3 units increased. But asset management firm ARK Investment forecasts that Tesla’s Model 3 gross margin will double by the end of next...

Ex-NYSE Chief: Don’t Believe Anything Tesla Says

tesla, elon musk

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...

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