Shares of Tesla Inc. rose on Thursday after an explosive earnings report on Wednesday night, prompting large numbers of Wall Street analysts, both bulls and bears, to raise their stock price targets. However, the average target remained well below current prices, suggesting that most analysts believe the stock is overvalued. …
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Social Capital CEO Chamath Palihapitiya told CNBC on Thursday that Tesla’s growth is no longer about its electric cars, but its renewable energy components. That could make Elon Musk’s company worth billions, he added. “It’s the main coverage when it comes to electrification and decarbonization. This is no longer about …
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Tesla Inc. chief executive Elon Musk, who runs a company with a valuation of close to $ 300 billion, does not want the electric vehicle maker to be “super profitable.” He got away with it in the second quarter, when Tesla made a profit of $ 104 million thanks to …
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Twitter CEO and co-founder Jack Dorsey addresses students at the Indian Institute of Technology (IIT) on November 12, 2018 in New Delhi, India. Amal KS | Hindustan Times | fake pictures Hackers who took over the accounts of around 130 people last week in an apparent bitcoin scam were able …
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Futures contracts tied to the major US stock indices held steady during Wednesday night’s overnight session as investors analyzed a large amount of corporate earnings during a positive week. Dow Jones Industrial Average futures fell 18 points, implying a slight opening loss when regular trading resumes on Thursday. The S&P …
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