2020-1-23 20:45 |
Tesla CEO Elon Musk is not overly enthusiastic about Bitcoin (BTC) but he believes that it could replace obsolete cash
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Tesla stock is now worth more than $100 billion. But here's why Elon Musk won't be getting his massive payout anytime soon. The post Tesla Stock Shatters $100 Billion Target – But Elon Musk May Never Cash In appeared first on CCN.com
2020-1-23 21:19 | |
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Elon Musk said the company will be opening its new Gigafactory in Germany. Manufacturing in Germany is expensive and European car sales are weakening. Tesla doesn’t have enough cash to fund its product pipeline.
2019-11-18 11:38 | |
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Just a day after Tesla reported a $408 million loss, more cash burn, and ridiculous delivery estimates, Elon Musk demonstrated once and for all why he either should leave or sell Tesla. The last straw? He announced an outside investment of $120 million in his Boring Company.
2019-7-27 19:11 | |
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By CCN: As major US stocks mount a massive comeback following Fed Chair Jerome Powell’s dovish comments, the Nasdaq is roaring into recovery mode. Curiously, the tech stock leading the march higher is the much-maligned Tesla (TSLA), up more than 7% on the day.
2019-6-4 22:30 | |
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By CCN: Elon Musk might be burning through cash as he seeks to steady the teetering Tesla ship, but hedge funder Mike Novogratz hinted that he would be first in line to invest in his fellow billionaire’s other high-profile project, SpaceX.
2019-5-27 21:48 | |
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By CCN: Within one month, the share price of the Tesla stock has dropped by a staggering 27 percent as it plunged below the $200 level for the first time since 2016. The intensifying downtrend of the Tesla stock is said to have been triggered by a barrage of negative factors including CEO Elon Musk’s admittance of a cash flow issue at the company and the decline in the exports of its flagship models further fueled by the ongoing U.
2019-5-23 13:37 | |
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By CCN: When Tesla’s stock crashed below $200 this week after the company tumbled into a “code red,” many on Wall Street wondered if Elon Musk should’ve accepted Apple’s $240-a-share buyout offer from 2013.
2019-5-22 00:45 | |
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The involvement of various personalities from mainstream industries into the world of cryptocurrencies has always yielded positive results. Major figures like Elon Musk, Founder of Tesla and SpaceX, as well as Jack Dorsey, CEO of Twitter, have supported the use of cryptocurrencies and have even dabbled in it.
2019-5-2 11:30 | |
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Tesla CEO Elon Musk has yet to add bitcoin as a payment method, but for the crypto community, the door is always open. Tron CEO Justin Sun is putting his money where his mouth is, announcing a $20 million free cash airdrop that includes a Tesla for one follower.
2019-3-13 19:20 | |
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Billionaire Elon Musk is not the end-all, be-all for Tesla because the electric-car company is “much bigger” than its famous CEO. That’s what Philippe Houchois, an equity research analyst for the auto sector at Jefferies, believes.
2019-3-4 20:59 | |
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Tesla investors should be nervous right now. The company faces a looming $1 billion debt deadline on Friday. The repayment will wipe out a third of Tesla’s cash reserves instantly. But it gets worse.
2019-2-28 18:25 | |
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When Tesla CEO Elon Musk pressed “tweet,” he had to know his ill-timed joke about production numbers would catch the attention of SEC regulators. However, that single Twitter post might now force Tesla to pay nearly $1 billion in cash to settle up with bondholders.
2019-2-28 20:00 | |
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Elon Musk and Tim Draper think that crypto use is on the rise, so is now a good time to jump into markets? Let’s consult the charts
2019-2-21 21:43 | |
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The number one cryptocurrency got a lot of praise from Elon Musk, but it doesn’t mean that Tesla is going crypto
2019-3-27 09:13 | |
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There’s something fitting about an Elon Musk business accepting Bitcoin, because, you know, they’re about as stable as each other. I’m here all week. That’s right, you can now buy the Boring Company’s Not A Flamethrower (from here on out, referred to as just a flamethrower) with not only Bitcoin, but a range of other cryptocurrencies.
2018-10-18 16:40 | |
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