Tesla
Elon Musk’s Wealth Soars by $33.5B in a Day as Tesla Stock Surges 22%
- Francisco Memoria
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- 25 Oct 2024
Tesla, X, and Space X CEO Elon Musk has seen his net worth skyrocket by a whopping $33.5 billion in a single day this week after his electric car maker’s shares jumped 22% on Thursday after it reported its biggest gain in over a decade. According to Bloomberg, the electric vehicle manufacturer’s impressive quarterly earnings […]
Tesla Stock (NASDAQ: TSLA) Jumps 13% in After-Hours Trading After Strong Q3 2024 Results
- Siamak Masnavi
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- 24 Oct 2024
On 23 Oct 2024, Tesla Inc. (NASDAQ: TSLA) released its Q3 2024 Financial Results. Financial Overview In Q3 2024, Tesla reported a total revenue of $25.2 billion, marking an 8% year-over-year increase. This rise was attributed to higher vehicle deliveries and enhanced revenue from energy generation, storage solutions, and service-related operations. Notably, the company achieved […]
Tesla Shakes Up Bitcoin Stash, But Holdings Remain Near $780 Million in BTC
- Francisco Memoria
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- 23 Oct 2024
Elon Musk’s electric car maker Tesla is believed to still be holding onto its nearly $780 million worth of Bitcoin, despite moving the funds from its wallets for the first time in two years, prompting rumors the firm was selling its BTC holdings. Blockchain analytics firm Arkham Intelligence has, on the microblogging platform X, recently […]
Tesla’s Robotaxi Event Falls Short: Investors Disappointed by Lack of Details
- Siamak Masnavi
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- 12 Oct 2024
Tesla’s highly anticipated robotaxi event on Thursday night left Wall Street investors disappointed, sending Tesla shares plunging 8.8% on Friday, wiping out $67 billion in market value. The event was expected to detail Tesla’s evolution into a leader in robotics and artificial intelligence, but attendees and analysts felt it lacked the business specifics they were […]
ARK Invest CEO: ‘The Federal Reserve Rate Cut Was Absolutely Not a Mistake’
- CryptoGlobe Writer
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- 5 Oct 2024
During an interview on “Bloomberg The Close” on October 4, Cathie Wood, Co-Founder and CEO of ARK Investment Management, said the Federal Reserve’s rate cut was absolutely not a mistake. She explained that it has been interesting to watch revisions in economic activity, especially the downward revisions in employment numbers, which had been much weaker […]
TSLA: Good News Helps Tesla Stock to Its 10th Consecutive Sessions of Gains, but How Long Can It Keep Up This Rally?
- Siamak Masnavi
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- 10 Jul 2024
Tesla’s stock has been on a remarkable upward trajectory recently, according to a report by Emily Bary for MarketWatch. The electric vehicle giant’s shares have climbed for ten consecutive trading sessions, marking its longest winning streak in over a year. This impressive run has propelled Tesla’s stock to its highest closing price since last October. […]
Why Cathie Wood’s ARK Invest Just Sold a Significant Chunk of Tesla Stock: a Leading Finance Guru Ecplains
- CryptoGlobe Writer
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- 4 Jul 2024
In a recent video update, fiance guru Kevin Paffrath, best known as the host of the YouTube channel Meet Kevin, delves into the reasons behind Cathie Wood’s recent decision to sell a significant amount of Tesla stock (NASDAQ: TSLA). Kevin begins by questioning why Cathie Wood, Founder and CEO of ARK Invest, is selling Tesla […]
$TSLA: ARK Invest CEO Cathie Wood Explains Why Her Firm Expects Tesla Share Price to Hit $2600 by 2029
- Siamak Masnavi
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- 13 Jun 2024
On 13 June 2024, ARK Invest CEO and CIO Cathie Wood joined CNBC’s “Squawk Box” to discuss the future of Tesla Inc. (NASDAQ: TSLA) and her firm’s five-year price target for the stock. Cathie Wood began by addressing the recent Tesla shareholder vote, which included a critical decision on Elon Musk’s pay package and moving […]
$DOGE Price Surges After Tesla CEO Elon Musk Says “Dogecoin to the Moon”
- Siamak Masnavi
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- 14 Mar 2024
On March 13, SpaceX and Tesla CEO Elon Musk talked about Bitcoin while visiting the Berlin Gigafactory. The Berlin Gigafactory is a massive manufacturing plant owned and operated by Tesla, located in Grünheide, near Berlin, Germany. This facility represents Tesla’s first major production hub in Europe and is primarily focused on building the popular electric […]
Is Tesla Quietly Buying Bitcoin Again? Wallet Data Suggests $120 Million Accumulated
- Francisco Memoria
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- 8 Mar 2024
Elon Musk’s electric car market, Tesla, acquired $1.5 billion worth of the flagship cryptocurrency Bitcoin back in early 2021 and briefly accepted BTC payments. Its support for the cryptocurrency was dropped shortly after, but now data seemingly suggests it’s now accumulating again. According to data from Arkham Intelligence, first reported on by Cointelegraph, a feature […]
Is Tesla Stock (TSLA) in Trouble? Requisite Capital’s Managing Partner Calls It ‘Dead Money’ in the Short Term After Hearing the Q4 2023 Earnings Call
- CryptoGlobe Writer
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- 26 Jan 2024
On January 25, Bryn Talkington, Managing Partner at Requisite Capital Management, appeared on CNBC’s “Halftime Report” to discuss Tesla’s Q4 2023 earnings call. Here are the key points from her analysis: Earnings and Revenue Miss: Talkington noted that Tesla missed market expectations regarding revenues and earnings. This shortfall contributed to approximately one-third of the reasons […]
Cathie Wood Elucidates on Tesla’s Future and Bitcoin’s Investment Potential
- CryptoGlobe Writer
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- 24 Jan 2024
On January 23, ARK Invest CEO Cathie Wood shared with CNBC her perspectives on Tesla’s leadership, spot Bitcoin ETFs, and her strong belief in Bitcoin’s potential. Here are some key takeaways from this interview: Elon Musk’s Visionary Leadership and Tesla’s Future Wood expressed strong support for Elon Musk, describing him as a visionary and the […]
Tesla’s Cybertruck: Bloomberg’s Dana Hull on Challenges in High-Volume Manufacturing
- CryptoGlobe Writer
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- 28 Nov 2023
The Tesla Cybertruck is an electric pickup truck that was unveiled by Tesla in November 2019. It is designed to be a rugged and durable truck that can withstand a variety of challenges, including off-road driving and heavy payloads. The Cybertruck is also designed to be stylish and futuristic, with a sleek, angular design that […]