Teflon Tesla? Elon Musk Qualifies for a $2.1 Billion Payout as Stocks Continue to Rally
Click here to read the full article. The economy may be in dire straits for most, but not so for Elon Musk. The Tesla CEO just received a major payday––and it happens to be the largest of its kind. Due to yet another in a long string of stock surges for…
Tesla, Microsoft, Chipotle and Whirlpool
For Immediate Release Chicago, IL – July 23, 2020 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks…
Tesla’s ‘Home-Run Quarter’ Leaves Even the Bears Praising Elon Musk
(Bloomberg) — Tesla Inc. shares extended their meteoric gains as even the most pessimistic analysts struggled to find faults in the electric car-maker’s quarterly earnings report. It was a “home-run quarter” for Elon Musk, according to Wedbush’s…
Elon Musk’s Dodger Stadium Tunnel Was Supposed to Be Ready By Opening Day
(Bloomberg) — Two years ago, Los Angeles Dodgers Chief Financial Officer Tucker Kain talked up a plan to whisk baseball fans to the team’s stadium in minutes using an electric-car filled tunnel, built by Elon Musk’s Boring Co. It would be ready, he…
Tesla Growth Is Musk’s Goal After Profit Opens Path to S&P
(Bloomberg) — Tesla Inc. managed to stay profitable even in the midst of a global pandemic, but something is still nagging at Elon Musk: the electric-car maker isn’t growing fast enough. The positive quarterly earnings Tesla reported Wednesday were…
Tesla reports $104m profit in second quarter of 2020 as ‘ridiculous’ market valuation soars
Tesla CEO Elon Musk gestures during the Tesla China-made Model 3 Delivery Ceremony in Shanghai: AFP via Getty Images Tesla has posted a second-quarter profit for its fourth quarter in a row, with a net profit of US$104 million (approximately £81.9…
Daimler Eyes Profit After Weathering Worst of Virus Crisis
(Bloomberg) — Daimler AG came through the worst of the coronavirus crisis better than feared and sees enough signs of recovery in auto demand to forecast a profit this year. After Tesla Inc. managed to stay profitable even in the midst of a global…
Tesla’s $200 Billion Question Remains Unanswered
(Bloomberg Opinion) — You know Tesla Inc. is maturing as a carmaker when it manages to be slightly dull. Wednesday evening’s earnings update was even more eagerly anticipated than usual after the recent surge in its share price. Elon Musk’s company…
Mass Transit Is the Way to Get Cities Moving Again
(Bloomberg Opinion) — As the coronavirus pandemic continues, Bloomberg Opinion will be running a series of features by our columnists that consider the long-term consequences of the crisis. This column is part of a package on the future of…
Tesla, posting a crucial profit, unveils Austin factory plan
With Tesla crossing a key financial milestone and enjoying a dizzying climb in the value of its stock, the company is treating itself to a splurge: a new factory. After months of speculation and unconfirmed reports, Chief Executive Elon Musk previewed…