Elon Musk Op-ed Ron Baron Tesla U.S. Market News 

In Backing Elon Musk, Has This Legendary Fund Manager Lost His Mind? 

Tesla founder and CEO Elon Musk continues to have the support of famed investor Ron Baron. | Source: REUTERS/Mike Blake By CCN Markets: Widely admired and successful mutual fund manager Ron Baron, CEO and chief investment officer of the Baron Funds, expressed his support for Elon Musk and Tesla on CNBC on Tuesday. What is Ron Baron Thinking? This comes as a bit of a surprise, because Ron Baron has a multi – decade history of prudent and diligent investments across all kinds of stocks. Virtually every one of his…

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Elon Musk Tesla Tesla Solar U.S. Business News 

‘Like a Money Printer on Your Roof’

Source: Mark RALSTON / AFP (i), Shutterstock (ii). Image Edited by CCN. By CCN Markets: Elon Musk relaunched Tesla’s residential solar-power service and claimed that it could save you about $500 a year. Indeed, Musk gushed that it’s “like having a money printer on your roof.” Musk acquired SolarCity in 2016, but the business has struggled to gain traction. With the relaunch, Tesla Solar has aggressively slashed prices to undercut its competition. This is all part of Musk’s grand vision to make Tesla the Holy Grail of the solar industry….

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Elon Musk New York Stock Exchange Op-ed Tesla thomas farley U.S. Business News 

Don’t Believe Anything Tesla Says

The former president of the NYSE eviscerated Elon Musk and Tesla, effectively saying it’s impossible to believe what comes out of the company. | Source: REUTERS / Mike Blake Former New York Stock Exchange President Thomas Farley took the gloves off in a savage takedown of Elon Musk and his complicated relationship with the truth, asking: “How do you even triage the false and misleading claims that come out of Tesla to decide which ones to take issue with?” His statement came in response to a CNBC anchor’s news piece…

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Elon Musk Tesla U.S. Business News 

Tesla’s ‘Dog Mode’ Malfunctions, Placing Elon Musk in Hot Seat Again

Billionaire Elon Musk is fixing the “Dog Mode” feature in his Tesla cars after a customer complained that it almost killed his pooch. | Source: REUTERS/Mike Blake Billionaire Elon Musk is fixing the “Dog Mode” feature in his Tesla electric cars after a customer complained that it almost killed his pet. Musk was alerted to the problem on Twitter by bitcoin investor Rahul Sood, the CEO of e-sports blockchain betting platform Unikrn. As CCN reported, Unikrn is an esports company backed by tech billionaire Mark Cuban. Tesla unveiled Dog Mode in February…

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Cuphead Elon Musk Gaming Tesla U.S. Business News 

Elon Musk Shows Gaming Prowess, Adds Cuphead to Tesla Arcade

With news that Tesla is adding throwback run and gun indie darling Cuphead to its growing Tesla Arcade library, the company takes an essential step toward making in-vehicle gaming an attractive proposition. Cuphead for Tesla coming out in August — e^👁🥧 (@elonmusk) July 27, 2019 Up until now, lackluster titles such as Beach Buggy Racing 2 have left a lot of owners scratching their heads, not to speak of raising concerns around using the steering wheel as a controller and the impact this would have on tire wear. The addition…

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Elon Musk Op-ed SpaceX U.S. Business News 

Elon Musk Brags About SpaceX Going to Mars. Let’s Send Him First

It isn’t clear yet if Elon Musk simply doesn’t have a filter and says the first thing that comes to his mind or if everything he says is a carefully designed smoke grenade to attract attention away from the 15 ongoing fires that he keeps having to put out. Let’s Go to Mars Case in point: in an interview with CBS News, SpaceX and Tesla CEO Elon Musk not only said that we could land an unmanned vehicle on the moon in two years but also that we will be…

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bill gates Elon Musk Op-ed Tesla U.S. Business News 

Elon Musk Could Use Some Steve Jobs-Like Wizardry to Fix Tesla

This should be a happy time for Tesla. After recently confounding critics by breaking its quarterly record for vehicle deliveries in Q2 2019, its share price rocketed over seven percent, closing the day just over four percent higher. After a miserable quarter plagued with boardroom infighting, resignations, missed delivery targets, lukewarm sales, safety scandals, lawsuits and an ex-employee who claimed Elon Musk was personally trying to ruin his life, last week’s stock rally was a veritable oasis of good news. That notwithstanding, all is not well with Tesla. Senior executives…

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Elon Musk Jeff Bezos U.S. Business News 

Jeff Bezos to Launch Internet Satellites in Shadow of Elon Musk

In a move that will undoubtedly ruffle Elon Musk’s feathers, Jeff Bezos is applying to launch roughly 3,200 low-orbit satellites, according to a report in Bloomberg. The “Kiuper” project is expected to cost many billions of dollars, with the goal to provide fast and accessible broadband to the masses – precisely what Musk’s SpaceX’s Starlink wants to do. Amazon, Not Blue Origin, Files to Launch Satellites One of the most curious things about the filing is that it’s on behalf of Amazon rather than Bezos’ space company, Blue Origin. It would…

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Elon Musk Tesla U.S. Business News 

Elon Musk Takes a Victory Lap as Tesla Smashes Delivery Record

In a stunning comeback for Elon Musk’s Tesla, the electric car manufacturer broke its record for car deliveries last quarter. With 95,200 cars delivered (more than 4,200 more than markets expected), Tesla stock (TSLA) was skyrocketing in after-hours trading, up more than 7%. Congratulations Tesla team & thanks to all the new Tesla owners!! ♥️♥️ https://t.co/QczUAVazw5 — Elon Musk (@elonmusk) July 2, 2019 Bears Have Battered Tesla Stock This Year Tesla bulls have taken a beating this year. The downtrend was fueled by a combination of demand concerns mixed with…

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Elon Musk Op-ed richard branson SpaceX U.S. Business News virgin galactic 

Billionaire Richard Branson Puts His Money Where Elon Musk’s Mouth Is

SpaceX founder Elon Musk loves to talk about going to space. Fellow starstruck billionaire Sir Richard Branson plans to actually travel there. Next month. He’ll ride aboard one of his own Virgin Galactic rocket ships. The Daily Beast reports Branson’s virgin space flight will coincide with the 50th anniversary of the Apollo 11 Moon landing. American astronauts Neil Armstrong and Buzz Aldrin landed the Apollo Lunar Module Eagle on July 20, 1969. It’s been an arduous journey for Virgin Galactic. Branson’s venture into for-profit space flight has taken its time…

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