Text size Tesla said it delivered more than 90,000 cars in the second quarter. Photograph by Spencer Platt / Getty Images Tesla‘s The gains have pushed stocks as far as possible from the Wall Street average price. That could be a risk for bullish investors. Tesla (ticker: TSLA) shares gained …
Read More »Why might NIO, Tesla, and other EV actions be in bubble territory?
Text size Workhorse, NIO, Tesla, Nikola, and Tortoise have gained nearly 180% in the past month. Now its shares are trading, on average, 146% above Wall Street’s price targets. When stocks go up like this, they become difficult to value. STR / AFP via Getty Images Shares of an electric …
Read More »Would you pay $ 7,500 to educate your son like Elon Musk’s?
The novel coronavirus has shattered education in the United States, leaving millions of parents struggling to cope with childcare and remote classes. Naturally, tech billionaires have taken it upon themselves to fill the void. But while Facebook’s Mark Zuckerberg promised $ 6 million for educational projects, and Twitter CEO Jack …
Read More »Overexcited Tesla fans should cool down a bit
(The following is a Bloomberg opinion piece written by Chris Bryant) When Tesla Inc. delivered 95,000 cars to customers during the spring quarter of 2019, the stock price was languishing at around $ 235 and Elon Musk’s electric car company was valued at “only” $ 40 billion. Fast forward one …
Read More »Nikola founder channels Elon Musk to attack Twitter trolls
Nikola Corp. founder Trevor Milton is discovering he has something else in common with rival Elon Musk: they both say their electric vehicle companies are the target of coordinated attacks on social media. Milton lashed out at the negative tweets about its start, claiming “hired hands” have planned an “obviously …
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