Tesla (NASDAQ: TSLA) has a new bull in Speaker of the House, Nancy Pelosi, who bought a substantial sum of the automaker’s stock, new government filings show. Pelosi, originally from Baltimore, Maryland, and now a California-based Democrat, bought 25 call options on December 22nd, one day after joining the S&P 500. The calls have a […]
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Tesla (NASDAQ: TSLA) spiked in early trading hours during Monday’s session based on expectations that the automaker could deliver its sixth-consecutive profitable quarter. On January 2, Tesla released Delivery and Production figures for Q4 2020, indicating the company’s biggest quarter to date. With 180,570 deliveries and 179,757 cars produced, Tesla attained its 2020 production guidance […]
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Greenlight Capital Re’s David Einhorn is coming off of his best quarter as a hedge fund manager at the New York-based firm. With substantial growth to report in Q4 2020, Einhorn was a big winner in a year filled with losers. But even if Einhorn saw spectacular gains in his portfolio, it isn’t all bright […]
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Tesla (NASDAQ: TSLA) bear Jim Chanos is no longer shorting the automaker’s stock. Instead, Elon Musk’s electric vehicle company’s longtime skeptic has moved on to a “Put” position. Chanos said in an interview with CNBC that he has abandoned the “Short” position he once held on Tesla stock, SeekingAlpha reported. Evidently, the losses came to be […]
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Tesla (NASDAQ: TSLA) has a new Street-high price target from Oppenheimer’s Colin Rusch, who marked the company’s “extraordinary advantage” in self-driving cars, cost reductions in manufacturing, and its valuation as a high-growth stock as reasons for the increase. Rusch boosted his price target from $486 to $1,036 on Wednesday. The revised target has overtaken the […]
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When Stephane Saint Louis, originally of Haiti, and Steven Vargas of Petaluma, CA, received their first round of stimulus checks last year, the pair knew they had to put the money to good use. The pair dreamt of starting a restaurant of their own, but capital was tight and a pandemic was raging. Thus, Saint […]
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Tesla (NASDAQ: TSLA) is seeing some bumps in stock price and in outlook from Wall Street analysts after China’s initial deliveries of the Model Y. The company’s stock has remained relatively stagnant over the past week, hovering between the $820 and $860 mark in a seven-day period. Tesla’s initial deliveries of the Model Y in […]
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Tesla (NASDAQ:TSLA) investments from Alaska’s Department of Revenue, which collects and invests public funds, dramatically rose in the fourth quarter of 2020. The trades were disclosed by the agency in a form it recently filed with the US Securities and Exchange Commission. The Alaska Department of Revenue, which managed $8.8 billion worth of US-traded assets […]
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Tesla (NASDAQ: TSLA) will be posting its Q4 2020 financial results on Wednesday, January 27, 2021. After the closing bell, the company will release a brief advisory with a link to its Q4 2020 Update Letter. TSLA will hold its regular Q&A session for the third quarter at 2:30 PM PST (5:30 PM EST). Retail […]
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Tesla has officially received a business license in India, which will give the company the ability to operate as a domestic automaker as a subsidiary of a foreign company. The announcement sent Tesla stock surging up over 6% after the company suffered its first negative day of 2021 on December 11. According to the Ministry […]
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