Tag Archives: internetofcars

Why Tesla is an ‘internet-of-cars’ company

It’s been a huge week for Tesla (TSLA).  Shares jumped to new highs as the market cap of the pure-play electric vehicle maker topped $1 trillion for the first time, making it the 5th most valuable company in the S&P 500 (^GSPC) — and sending Elon Musk’s personal fortune north of $300 billion. A huge deal with Hertz buying 100,000 Teslas for its rental fleet, and a big bullish note from Morgan Stanley analyst Adam Jonas had shares jumping. But it also follows a big earnings report in the… Source link

Read More »