Elon Musk Headlines Tesla U.S. Business News 

Elon Musk’s Days as Tesla CEO Could Be Numbered: JPMorgan Analyst

Elon Musk is the tech billionaire that many people from Wall Street to Hollywood (e.g., Johnny Depp) love to hate. At a time when investors should be celebrating the Tesla CEO for the release of the Model Y, an electric SUV crossover, analysts are instead pouncing on Musk and TSLA shares amid renewed regulatory and key man fears, among other things. JPMorgan strategists and analysts are targeting Musk and Tesla in recent reports considering the stock continues to trade on headwinds rather than tailwinds, suggesting there is more volatility ahead….

Read More
Elon Musk Tesla U.S. Market News 

Tesla Shares Drop after Mediocre Model Y Reveal

Tesla’s Model Y reveal, led to a mostly unimpressed audience and unenthused investors. Does the largely hype-less response show a market well-addressed or indicate declining interest? A definite sign in shareholder interest is the TSLA share price decline following the announcement. Tesla expects to see a rise in demand for the Model Y of at least 50% over the model 3—or at least, Musk expects the spike in demand. But what makes him so sure it will come? One thing which may clue him in: Tesla’s E-SUV, the model X,…

Read More
Altcoin News Crypto Elon Musk Justin Sun Tesla tron 

Tron Tycoon Flaunts Crypto Fortune, Trolls Elon Musk with Tesla Giveaway

Tesla CEO Elon Musk has yet to add bitcoin as a payment method, but for the crypto community, the door is always open. Tron CEO Justin Sun is putting his money where his mouth is, announcing a $20 million free cash airdrop that includes a Tesla for one follower. Sun wants to celebrate the resounding success of his latest baby, BitTorrent (BTT), and the addition of USDT on Tron later this year. To allay any fears that his account had been compromised in yet another Twitter crypto giveaway scam, Sun…

Read More
Andrew Yang Elon Musk Op-ed U.S. Market News 

Give $12,000 to Lazy Freeloaders

Last month, Democratic rising star Alexandria Ocasio-Cortez came under fire for a line in the Green New Deal that promised security for those “unwilling to work.” Her team quickly lied about it, claiming GOP doctoring, before eventually chalking it up to an “early draft” that was accidentally released. But Universal Basic Income (UBI) is gaining traction among Democratic candidates, and now Andrew Yang is running for president with just one promise: free money for all. Andrew Yang’s UBI Plan: $12,000 in Free Money Every Year Yang, a former education entrepreneur…

Read More
Elon Musk NHTSA Op-ed Tesla U.S. Business News 

Are Teslas Death Traps? Failing Brakes and Violent Fires Spark Fears

Telsa faces another barrage of scrutiny over its safety. Tesla and media outrage go hand in hand these days. It is usually because of something that Elon Musk has tweeted about the SEC, but occasionally it is because a Tesla vehicle is involved in a crash. As reported by Zero Hedge, yet another of Musk’s line of luxury electric cars has had a serious accident. With a history of major fires alongside accusations of “auto-pilot” failure, fatal Tesla crashes get an obscene amount of media coverage. Is it fair that…

Read More
Elon Musk Jim Cramer Op-ed Tesla U.S. Business News 

Elon Musk Should be Forced Out as CEO of Tesla: Jim Cramer

Billionaire Elon Musk should be removed as Tesla CEO because he had the audacity to criticize the Securities and Exchange Commission. That’s the opinion of CNBC host Jim Cramer, who apparently doesn’t believe in free speech. “This guy’s going to attack the SEC? How about removing him? The guy just attacks the SEC as if it’s funny. So I think he should be removed.” “This guy’s going to attack the SEC? How about removing him?” @MadMoneyOnCNBC‘s Jim Cramer said Tesla should remove Elon Musk as CEO after his comments to the…

Read More
Elon Musk sec Tesla U.S. Business News 

Elon Musk in Trouble Again Over Tesla Tweet as SEC Declares War

The love, hate relationship between Tesla CEO Elon Musk and the SEC reached a new level Monday. The regulator called for Musk to be held in contempt for violating a previous judgment related to his penchant to tweet info that runs afoul of securities rules. The SEC (U.S.Securities and Exchange Commission)  filed a contempt order against Musk. It noted specifically that he violated a fraud settlement by tweeting material information without preapproval. The news sent Tesla’s stock spiraling. It was down as much as 5% during extended trading Monday. Tesla’s…

Read More
Elon Musk Op-ed Tesla U.S. Business News 

How to Look Quarrelsome & Clueless When Criticizing Tesla’s Elon Musk

On Friday, the outgoing CEO of the largest chain of American auto dealers told CNBC that Elon Musk‘s bold ambitions for Tesla self-driving cars are “almost unethical.” Auto Dealers Throw Hissy Fit over Tesla’s Direct Sales Model Auto dealers are scared of Tesla & Elon Musk. | Source: Shutterstock AutoNation CEO Mike Jackson said on CNBC’s SquawkBox: “I think he is overpromising on autonomous vehicles in an almost unethical way.” Cox Automotive executive publisher Karl Brauer said Wednesday that he thinks Elon Musk has set an almost impossible expectation to…

Read More
Crypto cryptocurrency Elon Musk Op-ed Tesla 

Tesla Will Eventually Dive Head-First into Bitcoin

In a rare comment from Elon Musk on cryptocurrency, the Tesla and SpaceX founder said that Bitcoin “is quite brilliant.” He continued: “Paper money is going away and crypto is a far better way to transfer value than pieces of paper, that’s for sure, but it has its pros and cons.” Musk also gave Ethereum props on the ARK Investment podcast Tuesday (listen here): “There seems like there is some merit to Ethereum as well.” Elon Musk: Bitcoin Is Brilliant, But Tesla’s Not Going Full-Crypto “Paper money is going away…

Read More
bitcoin Bitcoin Interviews Elon Musk Tesla 

Bitcoin is ‘Brilliant, Far Better’ than Paper Money; Tesla Isn’t Jumping in Just Yet

Nearly everywhere Elon Musk goes, people want to talk about Tesla. On Tuesday, however, the media magnet went along with a change in focus by discussing his views about cryptocurrencies. His opinions come within months of a Bitcoin-related tweet that landed him in hot water with the social media platform. He ended up getting his account suspended by Twitter. Musk discussed this and more in a very lighthearted interview with Ark Invest. We had @elonmusk on the latest episode of @ARKInvest‘s podcast! He had a few things to say about…

Read More