Elon Musk donates to Barstool Fund in support of small business relief fund

Tesla CEO Elon Musk has donated to Dave Portnoy’s Barstool Fund, which aims to help small businesses survive amidst the COVID-19 pandemic. Barstool founder Portnoy Tweeted late on Friday night that Musk was officially donating to the fund on behalf of the Musk Foundation. “Glad to have @elonmusk and the Musk Foundation’s support,” Portnoy shared. […]

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Tesla’s Margins: Is there wiggle room for even more affordability?

Earlier this week, a report was released that revealed Tesla’s margins for the Model Y crossover in Shanghai. Guosen Securities, a Shenzen-based financial firm, found that Tesla holds a nearly 30% marginal rate on every unit. As the Model Y just recently began production and has become available for Chinese citizens to order, Tesla is already winning […]

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Tesla investors should ‘enjoy it while it lasts,’ says man who predicted 2007 housing collapse

Tesla stock will come crumbling down, at least that’s what Michael Burry, the man who predicted the 2007 United States housing bubble’s collapse in 2007, says. Burry’s status as a financial prediction guru was captured in “The Big Short,” a novel turned into a Hollywood hit starring Steve Carrell and Christian Bale, who played Burry […]

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