Tag: Elon Musk
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Tesla Investors day couldn’t pull the bull trigger for the stock
Tesla’s highly anticipated and highly waited investors day took place last night at the company’s headquarter in Austin, Texas. Musk revealed his “Master Plan 3” which helped the company lay out its future plans for a green and clean earth with the masses. Tom Zhu, the manufacturing leader for the company announced that Tesla had…
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Tesla delivered its best numbers ever, the future is brighter than ever for the EV Mogul!
Tesla reported it’s yesterday after the market closed and they surely did impress the analysts on Wall Street. Shares are currently up more than 9% in the morning session of the market and this is the biggest single day gain in the past 6 months. Here’s how the numbers lined up- Investors had been concerned…
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What’s next for Tesla?
Tesla has been one of the most highly traded stocks in the past few years, if not then the most famous one at least. Tesla’s stock was holding up this current bear market pretty well until in September, the stock finally gave up and took the beating, and still continues to do so. It closed…
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Twitter may soon go bankrupt, says Elon Musk
There has been a lot going on with Twitter in the past few weeks. Mass layoffs, $8 Blue verification, and now, even talks about bankruptcy. After laying off around 7500 employees and paying $44 Billion for the social network, his first email to the employees went- “Sorry that this is my first email to the…
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Billionaire Investor Ron Barron states Tesla could soar 570% over the next decade to a $4.5 Trillion Valuation
Billionaire investor Ron Baron of Baron Capital remains bullish on Tesla, despite the stock falling more than 50% this year. In a recent interview, Baron told CNBC that he expects Tesla to deliver outsized gains, eventually leading them toward a $4.5 Trillion valuation. Tesla’s stock will have to reach a price of $1350 to reach…
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The Bird is finally free
Recently, Elon Musk completed his acquisition of Twitter paying a full $54.20 per share which values the deal around $44 Billion. After a haul of 6 months, the deal finally came to a conclusion where both Twitter and Musk agreed to close their deal as a success today. Musk immediately fired the former CEO of…
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Tesla has a bright future and could be worth more than Apple and Saudi Aramco combined, says Elon Musk
In the last Q3 earnings call, Elon Musk mentioned that for the first time ever, he sees a potential for Tesla to be worth more than Apple and Saudi Aramco combined. For context, those are the world’s two biggest companies worth a total of $4.35 Trillion. The market and many investors see Musk’s comment as…
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The Twitter-Musk Saga
Elon Musk reportedly stood back on his original offer to buy Twitter for around $54.20 per share. Valuing the deal at around $45 Billion. Musk made this offer originally on April 14 and just after 11 days, Twitter accepted the deal, but then on July 8th, Musk backed out of the deal stating Twitter failed…