Tag Archives: elon musk

Elon Musk is at it again and potentially trying to yank the chains of every cryptocurrency holder out there – especially those possessing Dogecoin.Elon Musk Is At It AgainIn a recent series of tweets, Musk expressed his enthusiasm over the prank currency, stating that, “dogs rock” and “they have the best coin.” Clearly, he sees something in Dogecoin that many others do not, but is he being serious?This isn’t the first time Elon Musk has potentially tied himself to the world’s “funniest”...

Tesla Model 3 cars underperformed customers’ expectations. According to buyers, the hardware in Model 3 vehicles was the 2.5 version as opposed to the 3.0 version the company promised. Tesla (TSLA) stock was up on Wednesday.Tesla Inc (NASDAQ: TSLA) stock is like a balance-wheel. A couple of weeks ago, shares were beating their own records several times. Then, as coronavirus was gathering speed and scale, TSLA stock plunged. Now, Tesla (TSLA) stock rises again.On Wednesday, Tesla shares ended...

Elon Musk has been trolling the crypto community many times already. Now he says that Dogecoin is the best cryptocurrency.Elon Musk has been tweeting about different cryptocurrencies for several years so far, mentioning Ethereum and Litecoin. Other coins are not the ones he like, but to make it without clear judgment, he seems like love Dogecoin. One was invented just for fun, the developers didn’t think that the community will make the coin grow. Not only the community supported the network,...

Despite the massively weakening demand in the European market, the TSLA stock surged 11% on Monday beating down the bears. Reportedly Tesla is focusing on strengthening its position in the North American market.On Monday, March 2, the Tesla Inc (NASDAQ: TSLA) stock gained over 11% with its price moving close to $750 but Morgan Stanley still asks investors to be cautious. This recovery came amidst the broader markets showing marginal recovery on Monday. Although the COVID-19 cases have been on...

Dow Jones futures rose early Monday, along with S&P 500 futures and Nasdaq futures, after initially plunging Sunday. TSLA stock has also started growing in the premarket.As the infamous COVID-11 progresses, investors are worrying more and more every day. Everybody’s talking about how nobody expected that a virus will become a so-called ‘Black Swan’. Just for reminder, we call Black Swan any unpredictable event that is beyond what is normally expected of a situation and has potentially...

Elon Musk believes that it would be easy for China to surpass the U.S. in economic size. His prediction is not baseless as China is the fastest-growing trillion-dollar economy.On February 26, the Air Force Association’s Air Warfare Symposium (AWS) began in Orlando, Florida. AWS is a premier event for the aerospace and defense industry that brings together the top leadership of the Air Force and leaders in the industry, academia, and government officials. During the event, the issues and...

As a result of coronavirus fears, Tesla (TSLA) stock is hit hard, while other companies are also suffering. Three major stock indexes have plunged.After a sustainable growth, Tesla Inc. (NASDAQ: TSLA) stock plunged more than 7% on Monday. Closing down 7.5%, the company’s shares ended the day at $833.79. Tesla stock is hit hard as a result of the sell-off driven by coronavirus fears. However, it’s worth mentioning that after hours the price is moving up. Now the TSLA price is around $854...

Tesla’s expansion plans with higher manufacturing outcomes by the end of 2020 are currently in the doldrums as China’s automobile industry witnessed a 92% drop in sales due to the coronavirus outbreak. TSLA stock started falling.The coronavirus outbreak has massively impacted China’s automobile industry as manufacturing has taken a backseat. Wuhan city also called the Detroit of China, has been at the heart of this virus epidemic. But will coronavirus seriously affect such giants as Tesla...

Elon Musk’s SpaceX is going to raise an impressive sum of $250 million. It will help to add around $3 billion to the company’s valuation and bring it to the level of $36 billion.SpaceX is seeking to raise $250 million. The new funds sought reportedly will be valued at $220 per share. Sources indicate that this new valuation after raising funds would be at $36 billion. This will be an increase from $33.3 billion. The funding round is expected to close in the second week of the next month....

The Cybertruck Owners Club has provided good evidence that as of February 18, Tesla has booked pre-orders for approximately 535,000 of these vehicles translating to 5,873 pre-orders daily. TSLA stock is in green.The Tesla Inc. (NASDAQ: TSLA) stock has been rising continuously since the start of the year, even earning Elon Musk billions within hours, as we published earlier. Musk is yet to update Cybertruck pre-orders since late November 2019, when they reached 250,000. However, the Cybertruck...