Op-ed Tesla U.S. Business News 

This One Image Destroys Tesla’s Self-Driving Car Fantasy

A two-year-old video of a prankster confusing a self-driving car has gone viral for a second time, and it demonstrates a critical reason why Tesla’s self-driving cars will never become ubiquitous. Going viral once is a big event, but a “recurrent” viral video indicates that something about the content has gripped people in some visceral fashion. In this case, it’s the fact that human ingenuity can fool a self-driving car. It drives home the reason why it seems unlikely that they will ever have mass-market appeal, no matter what company…

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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 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 Tesla U.S. Business News 

Groupies Help $40 Billion Tesla Hit Q2 Target

Published: 24/06/2019 17:33 ET. Journalist: If there was any doubt regarding the ability of Elon Musk to mesmerize his groupies, just look at the Tesla Owners Silicon Valley group. These starry-eyed Tesla owners are actually volunteering to help the EV giant – a $40 billion for-profit company – achieve its end-of-quarter delivery targets. Donuts for Overworked Tesla Employees In the case of the Silicon Valley group, these Tesla owners delivered donuts to overworked employees at three Tesla locations. According to a quote in Teslarati.com, one volunteer said: “We love the…

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* Elon Musk Tesla Twitter U.S. Market News 

Tesla Stock Mysteriously Jumps after Elon Musk Tweets to ‘Delete Twitter’

Published: 18/06/2019 04:26 EST. Journalist: By CCN Markets: Skepticism was the response on Monday as news spread that Elon Musk had deleted his Twitter account. The problem is the account of the Tesla and SpaceX CEO still appeared active some 18 hours later. On CNBC’s Fast Money Monday, analysts discussed Musk’s move possibly being the result of market forces rather than Musk’s own decision. As you know, Musk has gotten into some serious problems with the SEC over his tweets. In addition, shareholders are growing weary over them, largely because…

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california Elon Musk Tesla U.S. Business News 

Elon Musk Spreads FOMO with California Tax-Infused Tesla Sales Pitch

By CCN Markets: Elon Musk is bringing the FOMO, or Fear of Missing Out. The Tesla CEO tweeted out a reminder that federal tax credits for buying a Tesla will drop by half on July 1. He pointed out in another tweet that EV buyers in California will still have the Golden State’s $2,500 tax credit. US tax credit of $3750 drops in half for Tesla on July 1. Order online in a few mins at https://t.co/46TXqRrsdr. Return in 7 days for full refund. — Elon Musk (@elonmusk) June 14,…

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Netflix Opinion Tesla U.S. Market News 

Tesla’s Stock Could Follow in Footsteps of a High-Flying Tech Play: Analyst

By CCN Markets: On CNBC, analyst Eddie Yoon of a think tank called “EddieWouldGrow” overlaid a chart of Netflix from 2011-13 onto Tesla’s chart since January. Will Tesla behave like Netflix? | Source: CNBC Gosh, those charts look so similar. Maybe Tesla’s stock will do the same thing as Netflix’s stock and make a huge comeback. Unfortunately, that’s not how it usually works. Cherry-Picking Chart Patterns There are tens of thousands of stock charts going back more than a century. It’s easy to cherry pick any given portion of any given…

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Elon Musk Opinion Tesla U.S. Business News 

CNBC Laughably Suggests TSLA Will Surge 90%

By CCN: CNBC must really be hurting for content, or its owners must be long on Tesla stock. That’s the only explanation for Keris Lahiff’s sensationalist headline trumpeting, “Tesla rallied 90% the last time it suffered a pullback of this size.” Lahiff says: “…history suggests this might lead to a massive short-term rally. The stock roared 90% higher in the two months to April 2016 following a 50% sell-off in the previous 18 months.” No, Tesla Stock Will Not Rally 90% It appears that this is as far as Lahiff’s…

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Boring Company Elon Musk las vegas Tesla U.S. Business News 

Elon Musk Scores $48 Million to Dig Holes in Vegas While Tesla Implodes

By CCN: As Tesla stock goes up in flames amid its “code red” crisis, Elon Musk enjoyed a small reprieve from the tsunami of bad news when his Boring Company won a $48.6 million Las Vegas contract. The Las Vegas project is a milestone for Boring since it is the fledgling company’s first commercial contract. The Boring Company is a tunnel construction firm Elon Musk launched in late-2016. It was initially a subsidiary of SpaceX, but it was spun off into an independent entity in 2018. Loop Will Cut Transit…

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Elon Musk Tesla Tesla Stock U.S. Business News U.S. Market News 

Alarming! Tesla’s Stock Crashes as Wall Street Predicts Armageddon

By CCN: Tesla’s stock is down another 6% today, the sixth consecutive session TSLA shares have fallen. It is now down 40% year-to-date. Tesla’s stock is getting beat up this year. | Source: Yahoo Finance Tesla Car Price and Stock Price Are Both Falling Tesla’s stock is getting hammered today because of the company’s announcement that it is cutting prices on older model S and X vehicles. Merrill Lynch put out a note expressing concern that sales on those models have peaked and are losing market share to its own…

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