Tag: $tsla
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Tesla’s Bitcoin buy filled with advantages: ARK Invest’s Keeney
Tesla’s (NASDAQ: TSLA) $1.5 million purchase of Bitcoin, a movement announced yesterday at a 10-K record filed with the SEC, was the hottest news surrounding the electric automaker on Monday. Although some TSLA investors watched it as their time to get out of being shareholders, some the others look at it as an advantage in…
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Tesla purchases using Bitcoin are coming as EV maker invests $1.5B in cryptocurrency
It appears that Tesla is indeed serious about allowing customers in the future to purchase their vehicles using Bitcoin. This was hinted at in a recently submitted Form 10-K that Tesla filed to the United States Securities and Exchange Commission on Monday. In its filing, the electric car maker revealed that it had acquired $1.5 billion…
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Tesla puts two chefs on road to success after investing in TSLA using stimulus checks
When Stephane Saint Louis, originally of Haiti, and Steven Vargas of Petaluma, CA, received their first round of stimulus checks last year, the pair knew they had to put the money to good use. The pair dreamt of starting a restaurant of their own, but capital was tight and a pandemic was raging. Thus, Saint…
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Tesla (TSLA) sees dramatic investment hike from Alaska Department of Revenue
Tesla (NASDAQ:TSLA) investments from Alaska’s Department of Revenue, which gathers and invests public funds, radically rose in the fourth quarter of 2020. The transactions were disclosed by the agency in a type it filed with the US Securities and Exchange Commission. The Alaska Department of Revenue, which managed $8.8 billion value of US-traded funds as…
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Tesla rises 8% as breakneck rally enters 11th day and leaves famous investors split
Tesla CEO Elon Musk. Susan Walsh/Associated Press Tesla climbed as much as 8.4% on Friday, marking the 11th straight day of gains as the automaker’s massive rally continues into the new year.The gains followed a similarly large jump on Thursday that established CEO Elon Musk as the world’s wealthiest person and boosted the company’s market…
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Tesla set to ‘double and triple again’ after energy business causes ‘big disruption’
Tesla’s energy company gets placed off to the side due to the overwhelming success of this company’s automotive facet. While the growth of Tesla’s automotive industry has affected an over 700% increase in the stock price during the last year, venture capitalist Chamath Palihapitiya states that when the company’s energy industry takes off, the market…
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Tesla’s gains new Street-high price target from Bank of America
Tesla (NASDAQ: TSLA) has gained a new, Wall Street-high price target from Bank of America, which boosted its outlook for the electric automaker from $500 to $900 on Monday morning. Bank of America’s bullish outlook is based on several things that are both short and long-term, which have driven the firm to boost Tesla’s price…
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Morgan Stanley raises Tesla (TSLA) price target to $810, bull case of $1,232 per share
Tesla (NASDAQ:TSLA) recently received an optimistic outlook from Morgan Stanley, with analyst Adam Jonas raising his price target to a “Street High” of $810 per share, up from his previous estimate of $540 per share. The investment bank and financial services firm maintained its “Overweight” rating on TSLA stock as well, while giving the electric…
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Tesla short-sellers lost $38 billion throughout the automaker’s colossal 2020 rally
Elon Musk. Maja Hitij/Getty Images Tesla short-sellers saw $38 billion in mark-to-market losses throughout 2020, Bloomberg reported Thursday, citing S3 Partners data. Short interest in the company’s shares plunged to less than 6% of Tesla’s float from nearly 20% at the start of last year. The losses trounce the $2.9 billion total seen in 2019…
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Tesla’s road to its 500k delivery goal broken down by Wedbush
Tesla’s (NASDAQ: TSLA) road to its ambitious 500,000 vehicle goal was broken down by Wedbush analyst Dan Ives, who believes the company is well on its way to accomplishing the lofty feat. Ives, a TSLA bull, has a neutral rating on the stock and has his price target sitting at $715. His bullish-scenario price target…