Tesla (NASDAQ: TSLA) shares have been scooped up by an AI-powered investment fund with an exceptional track record with the electric automaker’s shares. The ETF buys and sells shares of companies under the symbol AMOM and is powered by Qraft, a Seoul, South Korea-based company that provides low-cost, actively managed ETFs with exposure to U.S. […]
The post Tesla shares scooped up by AI-powered fund with exceptional track record appeared first on TESLARATI.
Tesla’s reversed outlook on accepting Bitcoin has made plenty of people scratch their heads, including Jim Cramer, a Tesla investor and Elon Musk supporter. On a live stream of his Stock Market Breakdown with Katherine Ross, Cramer says that Tesla’s and Musk’s reasoning for not accepting Bitcoin any longer doesn’t make sense. However, Cramer’s confusion […]
The post Tesla’s Bitcoin reversal confuses Jim Cramer, but he’s not giving up on Elon Musk appeared first on TESLARATI.
Tesla’s options for a sustainable cryptocurrency to utilize for investments and transactions for its products are not available in plentiful numbers, but they are ideal to fit the automaker’s needs, environmental requirements, and company image. Yesterday, CEO Elon Musk announced that Tesla would be eliminating the ability to purchase vehicles with Bitcoin after citing environmental […]
The post Tesla’s most-sustainable cryptocurrency options aren’t plentiful but they are ideal appeared first on TESLARATI.
Tesla CEO Elon Musk announced on Twitter that Tesla would be suspending the option to pay for vehicles using Bitcoin, as “We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel.” Tesla invested $1.5 billion into Bitcoin in December, according […]
The post Elon Musk: Tesla is suspending Bitcoin payment options until it’s more sustainable appeared first on TESLARATI.
Tesla CEO Elon Musk polled his nearly 54 million Twitter followers last night to ask one important question: “Do you want Tesla to accept Doge?” At around 1:15 PM EST, the poll had accumulated over 3.06 million submissions, with 77.5% of the participants voting “Yes.” Dogecoin, a cryptocurrency, has gained notoriety over the past few […]
The post Elon Musk polls nearly 54 million people: Should Tesla accept $DOGE? appeared first on TESLARATI.
Tesla is no stranger to entities that are actively betting against it. Being one of the most shorted companies for years means that it is used to attacks from several fronts. But recently, Tesla ended up on the receiving end of what could very well be the strangest efforts against it to date. Just recently, Frankfurter […]
The post TSLA: German readers urged to help bring Elon Musk ‘to his knees’ by betting against Tesla appeared first on TESLARATI.
Back in 2018, Elon Musk and Tesla (NASDAQ:TSLA) proposed a compensation plan that was just about as insane as the vehicles that the company produces. Dubbed as one of the most radical CEO payment plans in corporate history, it required Musk to hit a series of market cap and operational targets before he is compensated. […]
The post Elon Musk’s 10-year Tesla market cap target is 91% complete-after just 3 years appeared first on TESLARATI.
Earlier this year, Tesla attracted a lot of attention and a good number of raised eyebrows when it invested $1.5 billion of its cash on Bitcoin. The move was unprecedented among automakers, and due to the carbon footprint of Bitcoin mining, even some of Tesla’s more environmentally-conscious supporters voiced their opposition to the investment. So […]
The post Tesla’s Bitcoin investment now worth $2.48 billion appeared first on TESLARATI.
Tesla’s first quarter of 2021 would be one for the books, with the company beating Wall Street’s expectations for Q1 revenue and profit, boosted by record deliveries, some robust demand for its locally-produced vehicles in China, and some healthy environmental credit sales. Thanks to these blockbuster numbers, Tesla has now sustained its profitability for seven […]
The post Elon Musk closes in on $11B options payout amid Tesla’s 7th consecutive profitable quarter appeared first on TESLARATI.
Tesla’s record first quarter in 2021 was powered by several things, but it all came down to the numbers, as usual. The automaker, coming off of its best quarter in terms of deliveries and production figures, was able to mark down significant gains in automotive gross margin while decreasing costs of production. This ultimately led […]
The post Tesla’s record Q1 powered by increased gross margin, average cost decreases appeared first on TESLARATI.
