The Tesla founder (and Earth’s intermittent wealthiest human) followed his announcement with a series of sometimes ingenious, often bafflingmaneuverings. The end result was a $44b acquisition of the OG microblogging platform –considerably morethan it was worth at the time. ...
The challenge for Tesla won't be the early production of solar cells; it will be upgrading or replacing equipment three to five years down the road. If the state owns the equipment and Tesla has agreed to rent it, complications will arise over the questions of which parties will pay for ...
As COVID-19 restrictions delayed the event originally planned for April, select shareholder attendees watched the September 22 event from rows of parked Tesla vehicles. Instead of applause, attendees honked the horns from inside the cars as Musk gave his remarks on the company’s progress over th...
10) Belgian “green gas” developer Tree Energy Solutions raised $129m in October 2022 from Fortuescue Future Industries, the Australian green hydrogen developer owned by billionaire iron-ore magnate Andrew Forrest. The investment made Fortescue a shareholder and channeled money into Tree Energy Solut...
Ryan Vanzo has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tesla. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq,...
Tesla started well, but later has botched and fallen behind other OEMs. That is why I wouldn't buy a Tesla. Toyota is still the leader of mainstream active driving-assistance systems. Mercedes–Benz is probably the only one that is better, but that is not mainstream. It is still many ...
What are some of the notable changes to the biggest companies in the world compared to last year’s ranking? Tesla’smarket capitalization surged by an eye-watering 565%, temporarily makingElon Muskthe richest person in the world. Food delivery platformMeituanandPayPalbenefited from growing e-com...
Elon Musk:The eccentric CEO of Tesla may have had some trouble with federal regulators this year -- a tweet cost him $20 million -- but the electric-car makers’ stock ended the year on a high note. Musk, whose net worth is now $22.5 billion after he added $2.8 billion this year,...
97 of the 943 hedge funds part of Insider Monkey’s database had bought Advanced Micro Devices, Inc. (NASDAQ:AMD)’s as of December 2022. Ken Fisher’sFisher Asset Managementis the largest shareholder with a $1.6 billion stake. 13. Workday, Inc. (NASDAQ:WDAY) ...
And because some of his businesses carry the plausible promise of moving humanity forward in positive ways—Tesla’s electrification of transport, SpaceX’s horizon-expanding rockets—I believe it’s as foolish to reflexively write off everything Musk says as it is to be overly credulous. ...