Tesla (TSLA) Insiders are Not Buying Elon Musk’s Robo-Taxi Pipe Dream

2020 is almost here and Tesla’s robo-taxis are MIA. Insiders have been dumping stocks hand over fists with Elon Musk being the only significant buyer. Falling R&D spending means robo-taxis will definitely not hit the markets in 2020. It has been roughly seven months since Elon Musk spearheaded a $2.7 billion capital raise at Tesla […]

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Ford’s Electric Mustang Mach-E Is Terrible News for Tesla

Ford’s new Mustang Mach-E is positioned against the Tesla Model Y. Both cars have similar features, but Ford enjoys a huge price advantage. The arrival of competitors threatens the profitability of Tesla. Elon Musk has never been afraid of competition. In fact, he has stated on multiple occasions that the mission of Tesla is “to […]

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In Billionaire Space Race, Sir Richard Branson Takes the Lead

The space race is heating up with bilionaires jockeying to be the first to propel humans into space. Richard Branson is poised to be first. | Source: Shutterstock; Edited by CCN By CCN Markets: Who would have thought that the newfangled space race would be funded by nerdy billionaires, one of whom has been knighted? […]

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Tesla’s ‘Turning Point’ Matches the Hubris of Elon Musk

Controversial Tesla CEO Elon Musk has finally enjoyed a public relations victory to match his brazen and often caustic public persona. Tesla (TSLA) stock was at one point up more than seven percent during yesterday’s holiday-shortened trading session as the company set new delivery and production records. TSLA closed at $234.90 for a gain of […]

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Billionaire Richard Branson Puts His Money Where Elon Musk’s Mouth Is

SpaceX founder Elon Musk loves to talk about going to space. Fellow starstruck billionaire Sir Richard Branson plans to actually travel there. Next month. He’ll ride aboard one of his own Virgin Galactic rocket ships. The Daily Beast reports Branson’s virgin space flight will coincide with the 50th anniversary of the Apollo 11 Moon landing. […]

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Tesla Stock Mysteriously Jumps after Elon Musk Tweets to ‘Delete Twitter’

Published: 18/06/2019 04:26 EST. Journalist: By CCN Markets: Skepticism was the response on Monday as news spread that Elon Musk had deleted his Twitter account. The problem is the account of the Tesla and SpaceX CEO still appeared active some 18 hours later. On CNBC’s Fast Money Monday, analysts discussed Musk’s move possibly being the […]

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Tesla’s Blockbuster 73% Sales Jump Fools Noone. It Changes Nothing.

By CCN: Morgan Stanley analyst Adam Jonas buried the lede in remarks on Wednesday, in which he touted Tesla’s 73 percent year-over-year increase in US sales for the month of May. Don’t be fooled by spiking numbers Jonas noted that Tesla delivered 11,300 vehicles in May, which was 2.6 times the combined total of all […]

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Elon Musk’s Favorite Cryptocurrency Now Listed by Huobi

Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the […]

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