Tag: shares
-
These 9 Tesla board members stand to make the most if the company’s red-hot stock keeps soaring
Tesla Tesla inventory has skyrocketed over 130% annually, outpacing the broader market. Shares of this automaker have notched several all-time highs in recent weeks. CEO Elon Musk will make payouts when the inventory continues to profit, but board members have stakes in the company that would profit. These are the two board members who stand…
-
The fixation on Elon Musk’s billionaire-ness overlooks the fact that he doesn’t care about money (TSLA)
Hannibal Hanschke/Reuters Elon Musk has stated he’s ridding himself of possessions. But he owns California real estate — millions of dollars’ worth, an illiquid asset that is difficult to sell. His Tesla shares, after a enormous run-up, are worth close to $40 billion, but that he never sells inventory. He resides off loans from banks,…
-
JPMorgan boosted its Tesla stake by 600% last quarter, potentially scoring it a $1 billion return
Getty Images JPMorgan Chase potentially made $ 1 billion over in Tesla in under two weeks. The lender’s investment arm boosted its position by 600 percent last quarter to approximately 2.5 million shares. Those shares have approximately tripled in value to $2.1 billion thanks to Tesla’s stock rally. JPMorgan sold in the perfect moment and…
-
A famous hedge fund bought Tesla stock before it surged 91% this year. It potentially raked in over $1.5 billion from the bet.
AP Renaissance Technologies possibly made around $1.5 billion in two weeks after buying Tesla stock . The hedge fund increased its position on 3.9 million shares, worth about $1.6 billion in the end of December. These stocks are now worth nearly $3.2 billion following Tesla’s 91% inventory rally this year. If Renaissance bought Tesla at…
-
Elon Musk made a $6 billion mistake when he bought SolarCity with Tesla stock
REUTERS/Mike Blake/File Picture Elon Musk created a $6 billion mistake when he utilized Tesla stock to get SolarCity at 2016. The stocks were worth $2.6 billion at the moment, but have soared 320 percent since then. Musk effectively paid $8.4 billion for SolarCity, more than triple what he planned to invest. Warren Buffett made the…
-
Tesla value hits $100B, triggering payout plan for Elon Musk
Tesla’s market value hit $100 billion for the first time on Wednesday, sparking a payout program that may be worth billions for Elon Musk, founder and chief of the carmaker that was electric. Tesla shares rose some 4.8 percentage in opening transaction to expand the gains from the value of their fast-growing manufacturer of electric…
-
Tesla bumps up its capital raise by $400 million, with Elon Musk taking an additional $15 million
Tesla is going to raise an additional $400 million in its most recent sale of stock, with co-founder and chief executive Elon Musk committing to buy an additional $15 million in shares, according to a filing with the Securities and Exchange Commission. The electric vehicle, energy storage and solar panel manufacturer said it will sell…