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Credit:Tesla Musk become the first billionaire whose net worth topped $400 billion, Bloomberg cited the Bloomberg Billionaires Index ranking the world’s richest people. The milestone mainly results from recent rallies of Tesla stocks. Most of Musk’s fortune is wrapped up in his holdings of Tes...
Tesla investors (NASDAQ: TSLA) want CEO Elon Musk to discuss these things on Wednesday as the company will report earnings for the third quarter of 2024. Fresh off the heels of the“We, Robot” event, where Tesla unveiled the Cybercab, its version of a robotaxi, the Robovan, which coul...
Wedbush analyst Dan Ives said in a research note Wednesday that a victory for Trump could harm the EV industry as a whole, but boost Tesla shares by $40 to $50. “Tesla has the scale and scope that is unmatched,” said Ives. “This dynamic could give Musk and Tesla a clear competitiv...
Tesla shares went on a tear in the wake of the release of its quarterly earnings on Wednesday. CEO Elon Musk added more than $26 billion to his net worth as a result.
Musk's wealth could be even higher depending on the outcome of a shareholder lawsuit surrounding his 2018 pay package that's winding its way through court. The pop on Thursday followed Tesla's better-than-expected earnings report late Wednesday and Musk's comments on the call suggesting ...
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Tesla ended 2019 with $6.3 billion in cash and raised another $2.3 billion in February. If Musk can pull off another positive earnings report, the company may go back to the market for an additional boost, Brian Johnson, a Barclays analyst with a sell rating on the stock, said in a rep...
Tesla's first-quarter earnings fell short. But shares are rising regardless. The EV maker's long-awaited Model 2 is coming sooner than expected. While a launch date isn't known, the company said the timeline is "as fast as possible." CEO Elon Musk said vehicle sales will grow this ...
Elon Muskhas leapfrogged Jeff Bezos as the world’s richest person — and quarterly earnings from Tesla, expected on Wednesday, may further that lead. Bank of America raised its price target on the stock to $900 per share Tuesday. While Tesla shares were little changed after closing down to...