Tag Archives: Teslas

Tesla’s (TSLA) CEO Elon Musk spontaneously interviewed Robinhood CEO Vlad Tenev for 14 minutes late Sunday evening, injecting himself into the fray of the retail investing frenzy that’s sent markets into a tailspin, and put the trading app on the defensive. The billionaire jumped on the invite-only voice chat app Clubhouse to answer questions ranging from colonizing Mars to Bitcoin (BTC-USD) late Sunday night. Yet toward the end, Musk ended up grilling Tenev on behalf of outraged individual… Source link

Tesla (TSLA) shares rose by nearly 700% in 2020, and the year was capped off by their entry into the S&P 500. The “ludicrous speed” continued into 2021 — where shares went up another 18%. That means the automaker’s price-to-earnings ratio is an eye-rubbing, nose-bleeding 1,601. For context, the P/E of the S&P 500 is 30, itself, well above the historical average of 15. The next-highest tech valuation in the index belongs to Western Digital (WDC), with a P/E of 860. All of which is to… Source link

TipRanks 3 Stocks Flashing Signs of Strong Insider Buying Sometimes, following a leader makes the best investment strategy. And corporate insiders have long been popular leaders to follow. Their combination of responsibility to their stockholders and access to ‘under the hood’ information on their companies gives their personal investment choices an air of authority.The most important thing about these insiders is that whatever else they do, they are expected to shepherd their companies to… Source link

The list of things that are gearing up because of the EV boom is a long and lucrative one. It’s not just about EVs anymore. EVs are simply one delivery mechanism in a massive worldwide energy transition.  Sure, September saw record EV sales up 91% year-on-year, with UBS forecasting that EV market share will reach 40% by 2030, and Tesla planning to rapidly accelerate production with 3 new factories in 3 countries and 20 million EVs coming off the line by 2030, for a 40x increase over this… Source link

(Bloomberg) — For all the headline-making drama surrounding Elon Musk and his brainchild Tesla Inc., investors were rewarded handsomely for their patience this year. Now that the company is maturing into blue-chip status with its addition to the S&P 500 Index this month, what happens next may boil down to some simple questions: What type of company is Tesla exactly? And how should the stock be valued? Wall Street’s answers, however, are wildly different — Goldman Sachs has a price target… Source link