“ ‘It is one thing to bet on Elon Musk, but another to bet against him. The guy specializes in pulling rabbits out of his hat. “ That’s Carson Block, the short seller behind Muddy Waters Capital, speaking to Bloomberg’s Tracy Alloway and Joe Weisenthal in a podcast this week …
Read More »Tesla earnings on tap next week: Will a loss end his comeback?
Tesla Inc.’s second-quarter results come amid yet another massive stock recovery, which is now more expensive than shares in Google’s parent company Alphabet Inc. and other consistently profitable heavyweights. The Silicon Valley automaker is expected to report quarterly numbers next Wednesday after the bell. An analyst call will follow at …
Read More »President Trump warns that his 401 (k) could ‘disintegrate and disappear’ if he loses the 2020 elections
How’s your 401 (k) going? With technology stocks leading the way, the Nasdaq Composite COMP, + 1.97% just entered unknown territory. Tesla TSLA, + 9.82% brought out a new high. So did Netflix NFLX, + 2.98%. And Amazon AMZN, + 4.11% It reached $ 3,000 for the first time. Whatever …
Read More »Tesla shares soar to record as Wall Street’s biggest bear raises target price
Shares of Tesla Inc. charged higher toward another record on Monday, after even the most bearish analyst on Wall Street raised its target price after the results of deliveries by the electric vehicle maker. NIO Inc.’s rival Tesio of NIO shares, + 23.45% it also shot up to a record, …
Read More »Tesla stocks soar as deliveries flatten expectations
Tesla Inc.’s massive stock rally appears set to continue on Thursday after the company easily exceeded delivery expectations for the second quarter. The automaker said Thursday morning that it delivered approximately 90,650 vehicles in the second quarter, before the 72,000 deliveries analysts polled by FactSet had predicted. Tesla TSLA, + …
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