Tesla’s Full Self-Driving suite could potentially be worth billions of dollars a year in revenue by the end of the decade. That’s what Mark Delaney of Goldman said in a note to investors, as the analyst put his own synopsis of what the FSD suite could achieve for shareholders moving forward. Tesla stock (NASDAQ: TSLA) […]
The post Tesla Full Self-Driving presents billions in growth by 2030, firm says appeared first on TESLARATI.
Tesla mega bull Ron Baron has an aggressive timeline for the company’s plans for a $25,000 electric vehicle. Ron Baron has been one of Tesla’s biggest investors and is one of Elon Musk’s most outspoken believers and supporters. Last week, we detailed his comments on his portfolio’s growth due to Tesla stock and his outlook […]
The post Tesla mega-bull Ron Baron has an aggressive timeline for $25k EV appeared first on TESLARATI.
Tesla CEO Elon Musk believes the electric automaker can achieve a $4 trillion valuation, but he knows the road to the accomplishment is going to be a long one. Yesterday, we reported on Ron Baron, a billionaire investor who has been one of Musk’s longest believers, stating that Tesla could reach a massive valuation of […]
The post What Tesla has to do to achieve $4T valuation according to Elon Musk appeared first on TESLARATI.
A Tesla investor whose firm has made billions on the automaker’s stock says SpaceX, Elon Musk’s space exploration company, is the next stock to grow thousands of percent and could quite possibly be even bigger than the EV company in terms of valuation. Ron Baron has made, at the peak of Tesla’s surge on Wall […]
The post Tesla investor who made billions on stock says SpaceX will be bigger appeared first on TESLARATI.
The recent dip in Tesla (NASDAQ:TSLA) shares has resulted in CEO Elon Musk’s net worth being adversely affected. Tesla shares ended Monday down 4.79% at $197.36 per share. Tesla closed at $207.30 per share on the previous trading day. Considering that Elon Musk held about 715 million shares and vested options, the drop suggested that […]
The post Elon Musk’s net worth sinks $41 billion amid TSLA volatility appeared first on TESLARATI.
Tesla’s price cuts throughout the third quarter provided challenges for rental company Hertz (NASDAQ: HTZ), who adopted the electric automaker’s vehicles in 2021 for its fleet. The swings in pricing hindered Hertz’s Q3 earnings report, as it missed profit estimates. Hertz said it would slow down EV adoption while it learns to manage costs, CEO […]
The post Tesla price cuts hinder Hertz earnings as it misses profit estimates appeared first on TESLARATI.
General Motors (NYSE: GM) beat analyst expectations for the third quarter and reported what progress it made on its electric vehicle front for the three-month span. It is no secret that Q3 was rough for Detroit-based automakers, GM included. Strikes from the UAW halted production at many of its plants, and this morning, GM’s largest […]
The post General Motors beats Q3 projections, reports progress in EVs appeared first on TESLARATI.
Lucid has added its own Referral Program in an effort to drive sales upward after a slow quarter. We have reported on Tesla’s Referral Program in the past, which has rewarded owners with chances to win cars, free Supercharging miles, and other prizes for encouraging people to buy the company’s products using a referral code. […]
The post Lucid launches its own Referral Program to drive sales after slow quarter appeared first on TESLARATI.
Elon Musk proved cautious during Tesla’s Q3 2023 earnings call, stating that while the Cybertruck is about to enter production, it would take about 18 months before the vehicle becomes a key positive cash flow contributor to the electric vehicle maker. Amusingly enough, Musk’s statement ended up being misunderstood by an analyst during the same […]
The post Elon Musk tempers Tesla Cybertruck ramp expectations; immediately gets misunderstood by analyst appeared first on TESLARATI.
Tesla (NASDAQ: TSLA) Earnings tempered analyst outlooks on the electric automaker’s stock as one firm referred to the call as a “mini disaster,” and another questioned whether shares could be looked at from a growth perspective as CEO Elon Musk advised investors that the company would take a cautious attitude toward the future with uncertain […]
The post Tesla Q3 Earnings tempers analysts outlook as price targets lower appeared first on TESLARATI.
