Tag Archives: tesla

Short-sellers are burning their hands on Tesla as the electric car maker released its strong Q4 2019 numbers last week. In less than a week, the Tesla stock has added over $200 to its price making it the first American automobile company to hit $100-billion valuations.On Monday, February 3rd, the Tesla stock surged 20% to $780 levels taking the company’s valuations at $140 billion. Indeed, with this move, Tesla has taken Wall Street and global investors by surprise. Monday’s stock price gain...

Elon Musk‘s net worth is growing faster than you think. This is Tesla’s biggest result compared to previous years since the outstanding records from 2013. Jeff Bezos is the richest man in the world, but Elon Musk is going to the top wealthy group with amazing 2020 net worth kick-off. During the last week itself, the shares got +86%, making Tesla one of the companies untouched by the overall crisis and Chinese coronavirus awareness.The Panasonic corporation supplying batteries to the Tesla car...

Currently, the leading electric car manufacturer Tesla is recruiting new talents. It may seem that getting a job at Tesla is unrealistic as only professionals with incredible skills are working there. However, we are going to change your mind.On Sunday, Elon Musk tweeted that Tesla’s artificial intelligence department can recruit you even if you don’t have a college degree.“At Tesla, using AI to solve self-driving isn’t just icing on the cake, it the cake” – @lexfridmanJoin AI at Tesla! It...

Elon Musk‘s Tesla Inc. is on a roll as the company’s stock price has surged nearly 100% in the last three months. Last Wednesday, January 29, Tesla released its Q4 2019 earnings taking Wall Street by a big surprise.Beating the analysts’ expectations, Tesla registered total sales of $7.38 billion against the street projections of $7.02 billion. The electric car maker posted an EPS of $2.14 against the expected $1.71. The company said that its Model 3 deliveries were up 45% YoY and it expects...

Porsche makes a great comeback to the Super Bowl with its first ad since 1997. The commercial is showing a 60-second car chase with the main star – all-electric Taycan Turbo S sports car.According to the company, a Super Bowl ad featuring the Taycan was really important in order to build awareness for the car. As Porsche already has mentioned, its main attempt is to continue attracting new customers interested in all-electric vehicles.Klaus Zellmer, president and CEO of Porsche Cars North...

Panasonic Corp reported on Monday its first quarterly profit in U.S. battery business with Tesla Inc. The news comes after the U.S. electric vehicle maker reported its second successive quarterly profit last week, as vehicle deliveries hit a record. Tesla also said it would comfortably make more than half a million units this year, pushing its shares to new highs.Panasonic’s Chief Financial Officer Hirokazu Umeda said, referring to battery cell production, that the company is catching up as...

Nobody can deny that bitcoin is doing quite well as of late, but in many ways, it still suffers at the hands of traditional stocks, one being that of Tesla owned by South African entrepreneur Elon Musk.Musk Has Power of BTCTesla stock is up by more than 30 percent, and BTC is hurting at the hands of this stock and others like it. Bitcoin was only bullish during the later period of October 2019 during the past six months, and even then, the spikes did not last. All other months were devoted to...

Michigan-based General Motors (GM) is turning heads with a new announcement. The automaker has announced that it will resurrect the popular Hummer truck, making it all-electric, and a lot more power-packed than previous offerings.The New GM HummerDescribing it as a “super truck”, GM has said that the new vehicle will be launched as a GMC. It will be called the GMC Hummer EV as it is an all-electric vehicle and will have improved torque and acceleration. The company says that the new GM Hummer...

Tesla stock is beating Bitcoin – and when we say “beating” we mean it. Bitcoin investors are surely not happy with this fact that Tesla is outperforming Bitcoin (except if they didn’t invest in Tesla as well). If we look at the exact figures starting from January 1, the Bitcoin price rose around 30% while Tesla went 38% up.New Record – AgainTesla stock wasn’t like this all the time. Just for the reminder, in November, when the famous Cybertruck was revealed (and smashed, but hey every PR is a...

Google is starting a painful process of eliminating direct contact with key people in Wuhan, and across China. FAANG members officially closed four offices thanks to the virus. It is spreading fast, and the companies around the world understand that they have to act quickly.Numerous Companies Flee Away Because of Virus, Economic Freeze is OngoingGoogle is banned in China, but the locals are working as marketers, sales engineers and so on. They do not develop the local version of Google, they...