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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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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Tesla Model 3 Suffers in US-China Trade War as MAGA Takes Over

By CCN: The core computer of Tesla’s Chinese-made Model 3, known as the ‘Brain’, was rejected for exclusion from Donald Trump’s 25% tariffs. Tesla had applied for exclusion from the surcharge placed on Chinese-made goods but was rejected. The product was deemed too important to China in the trade war. Tesla Wins No Favors in […]

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