Tag: than
-
Jim Cramer says the S&P 500 is like a patch of grass. It looks great from afar, but when you get closer, it’s covered in weeds
REUTERS/Brendan McDermid CNBC Mad Money host Jim Cramer compared the S&P 500 into a patch of grass but if you get closer, it’s covered in weeds. Big tech stocks such as Apple and Tesla have seen tremendous increases in 2020, masking the majority of the index’s normally weak performance, he said. He said:”When you get…
-
Tesla owners looking for love can now join a dating network exclusively for ‘like-minded Elon stans’ (TSLA)
Ajitpal Grewal A techie in Canada has been launching a program exclusively for owners of Tesla cars, the electrical vehicles using a faithful cult following. The idea came after program founder Ajitpal Grewal discovered that Tesla owners couldn’t quit talking about their cars and shared with similar values, such as”stanning Elon Musk,” he told Business…
-
Tesla has a huge lead over other automakers. See how the electric-car company’s brand became so mighty. (TSLA)
Jae C. Hong/Associated Press For years, potential competitors kept an eye on Tesla as it absorbed all the risk of creating a viable market for electric vehicles. While the electric-vehicle market hovers in the single digits, the conventional wisdom was that Tesla would exhaust itself proving that consumers actually wanted to go electric. But with…
-
Why rich people steal
A 2012 poll from the German-language health spa and hotel guide Wellness Heaven researched hoteliers around the world for information regarding items that had been stolen from their possessions. One of the lifted items were a hairdryer, a Tesla supercharger, and mattresses. What’s more, the likelihood of theft at resorts was higher than it was…
-
Meet Colin Huang, who just stepped down as CEO of $100 billion Pinduoduo and whose wealth exploded by $25 billion in 2020
Visual China Group/Getty Images Colin Huang, ” the 40-year-old creator of e commerce Pinduoduo, is currently China’s third-richest individual. Huang on July 1 stepped down as chief executive of Pinduoduo, which has managed to rack up a market cap of over $100 billion in less than five years. Pinduoduo is a online marketplace that connects…
-
Tesla overtakes Toyota as the world’s most valuable automaker
By Reed StevensonTesla Inc. displaced Toyota Motor Corp. as the world’s most valuable automaker, underscoring investor enthusiasm for a company trying to transform an industry that’s relied on internal combustion engines for more than 130 years.Shares of Tesla, which have more than doubled since the start of the year, climbed as much as 3.5% in…
-
A $26 billion truck company with zero revenue just surged 103%
From Ed Ludlow and Craig TrudellTesla Inc. shares are at an all-time high. Hertz Global Holdings Inc.’s are well above where they had been before the company went bankrupt. But no stock in the automotive industry is a better sign of equity-market exuberance compared to Nikola Corp.The aspiring battery-electric and hydrogen fuel-cell truck manufacturer debuted…
-
Hertz skyrockets 825% since filing for bankruptcy as Robinhood traders pile in (HTZ)
Edward Berthelot/Getty Images Since filing for bankruptcy in late May, Hertz has surged 825%. That’s not what investors normally expect for a company that declared it can’t meet its debt obligations. Hertz has surged higher following a steady drip of positive economic data that points to a recovery from the damage caused by the coronavirus.…
-
This hulking Mercedes is a $400,000, street-legal off-roader massive enough to go over traffic instead of around it — see inside
Your Friend Syd/Courtesy of Apex.One A rare Mercedes-Benz U500 Unimog has hit the market for $369,000. The off-road beast is super capable, featuring tons of ground clearance, a central tire-inflation system, a bare-bones interior, and a turbodiesel engine that puts out a rated 700 pound-feet of torque. The 2004 U500 for sale shows less than…