Tag Archives: elon musk

Tesla stock is doing amazing numbers in the market and breaking grounds for the auto company. Yesterday, Tesla stock surged impressively and has now crossed $100 billion in market valuation. Tesla (TSLA) climbed more than 6% to cement a new record high at $569.56.Tesla Stock Pushes ValuationAt the moment, Tesla is now the world’s second most valuable auto company. With a market cap of about $102.6 billion, it has pushed Volkswagen (VWAGY) down and is just behind Toyota Motors (TM). Toyota is...

Tesla is ready to break new grounds in Europe, with its soon-to-be-built gigafactory in Germany. The company, led by Elon Musk, is popular for setting surprising goals for itself. Most of the time, these declarations by Musk are written off as pipedreams as people point out that they are a little too lofty. However, the company’s success in China is worth considering whenever there is doubt about its capabilities. The question now is, will Tesla be able to replicate that success in Germany...

Yesterday, SpaceX CEO Elon Musk made a very important announcement. According to the CEO, SpaceX will be able to send NASA astronauts to space sometime before the first half of 2020 is over. After concluding a successful test of the Crew Dragon capsule, Musk spoke to the press about the mission. But as plans move forward, the unanswered question on the minds of most is, will 2020 be the year for SpaceX IPO?Watch live as SpaceX tests Crew Dragon’s in-flight launch escape capabilities...

Cryptocurrency scammers are quite active on Instagram in London, according to Britain-based users.Scammers Are Up To Their Same Old TricksNew advertisements featuring the face and likeness of Martin Lewis – an alleged financial expert in the London area – have been discovered on Instagram promoting potential cryptocurrency scams. These scams discuss a “revolutionary bitcoin home-based opportunity” that can change your life (and the lives of others) forever.One of the other tactics these...

After closing Monday at $524.86, Tesla stock accelerated on Tuesday in premarket to yet another all-time high in just a span of days. At the time of writing the price was growing by 1.74% to $534.With the electric car maker’s market cap now crossing the psychological margin of $90 billion, the company’s CEO, Elon Musk is now pretty close to unlock the first tranche (out of 12) of his generous pay package that was announced in 2018.Musk’s compensation plan included numerous performance targets...

Tesla stock price has continued to rise after making spectacular gains at the weekend. Tesla stock closed at $478.15 apiece on Friday. This has made Oppenheimer and Co. Inc. give the biggest bullish price prediction yet. The New York-based investment firm has given a price prediction of $612 per share. Sources indicate that this is the highest share price prediction given by a Wall Street firm. The firm said in a note to its clients:“We believe the company’s risk tolerance, ability to...

Elon Musk – the head honcho behind SpaceX and Tesla – got under crypto enthusiasts’ skin this week when he submitted a very strange tweet about bitcoin.Elon Musk Is Up to His Old TricksThe world’s number one cryptocurrency has a very bad habit of attracting unwanted attention and controversy wherever it goes. While many are in favor of the digital asset, others see it as something to utilize in malicious actions or as a means of stirring the wrong kinds of feelings within the industry.It is...

If there’s one thing that is absolutely sure about the general Bitcoin community, it’s the bullishness. BitPay Chief Commercial Officer Sonny Singh has now added to this bullishness with a $20,000 Bitcoin prediction for 2020. Singh has joined a long list of industry enthusiasts who believe the sky is only the beginning for the world’s king coin.$20,000 Prediction for Bitcoin in 2020In a recent conversation with Bloomberg’s Taylor Riggs which took place on Wednesday, Singh spoke quite...

Tesla can definitely say that it began this year with a record being the highest U.S. automaker in history. The company’s recent stock rally pushed its market value to approximately $85 billion. Just on Tuesday’s close, it surpassed the $80.8 billion, the record previously set by Ford back in 1999.However, just for comparison, Ford had a market value of only $37 billion at the end of trading on the same day.Tesla’s shares continued to climb and traded up more than 4% on Wednesday and at the...

Tesla‘s products build a cyberpunk future many people were waiting since the 20-century classic books. A regulatory file posted on Thursday claims that big Chinese lenders work with Tesla corporation on financing the first Tesla plant construction in China. Situated outside of the U.S., the plant will serve the Asian market with the cars that are of high honor among Chinese folks.By signing several deals, Tesla is trying to expand its manufacturing to the world’s largest automobile market....