Tesla (NASDAQ: TSLA) is one of several tech stocks sliding after a boost in Treasury yields and increases in commodity prices over the past several days. After experiencing a $40 drop in stock price yesterday, Tesla continued a slide on Wall Street during pre-market and early hours trading in Tuesday’s session. At the time of […]
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Tesla’s (NASDAQ: TSLA) major institutional investors are making big moves with their holdings of the EV powerhouse’s stock. New reports show that at least three large firms are modifying their TSLA holdings, either adding or selling shares after a massive 2020. Major Tesla investment firm Baillie Gifford has sliced its holdings of the electric automaker’s […]
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Earlier this month, Tesla (NASDAQ:TSLA) made waves when it announced that it had invested $1.5 billion in bitcoin. The investment was practically unprecedented, with even some ardent TSLA bulls raising their eyebrows at the company’s cryptocurrency purchase. Yet if bitcoin’s recent rise is any indication, it appears that Tesla’s investment is already bearing fruit. Even […]
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Tesla (NASDAQ: TSLA) has a new large-scale shareholder in Pennsylvania-based investment firm Vanguard Group Inc, after a Form 13G filing with the Securities and Exchange Commission shows the firm purchased 57,814,310 shares of the automaker’s common stock. This makes Vanguard a 6.1% shareholder of the company, trailing only Elon Musk and another institutional investor in […]
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Tesla’s recent $1.5 billion investment into Bitcoin is a distraction from Chinese regulators looking into complaints of quality issues from consumers, Big Short investor Michael Burry said in a series of deleted tweets on Monday. Burry, who predicted the 2007 housing collapse by recognizing a market bubble, has been notably bearish on TSLA stock in […]
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Tesla’s (NASDAQ: TSLA) $1.5 billion purchase of Bitcoin, a move announced yesterday in a 10-K document filed with the SEC, was the most popular news surrounding the electric automaker on Monday. While some TSLA investors saw it as their time to get out of being shareholders, others look at it as an advantage in several […]
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Tesla investor Gary Black, a former Bernstein analyst, has decided to offload his Tesla shares after accurately predicting the over 700% surge in the automaker’s stock price in 2020. Black announced this morning that the “absence of clear FY’21 delivery guidance,” and other factors were the reason for his decision. Black posted a Tweet on […]
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Longtime Tesla (NASDAQ: TSLA) bull and billionaire investor Ron Baron commented on the automaker’s decision to invest $1.5 billion in Bitcoin, releasing a statement on Monday morning. Baron said he “looks forward to learning the rationale” behind Tesla’s strategy to use Bitcoin, as it could become a payment method for the company’s products in the […]
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It appears that Tesla is indeed serious about allowing customers in the future to purchase their vehicles using Bitcoin. This was hinted at in a recently submitted Form 10-K that Tesla filed to the United States Securities and Exchange Commission on Monday. In its filing, the electric car maker revealed that it had acquired $1.5 billion […]
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Tesla CEO Elon Musk convinced Robinhood frontman Vlad Tenev to “spill the beans” regarding spontaneous trade restrictions on stocks during a Clubhouse meeting on Sunday evening. Tenev has been under heavy fire from retail investors who use the Robinhood platform for trading ever since subreddit WallStreetBets has caused several publicly traded companies to skyrocket in […]
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