Tesla CEO Elon Musk is pictured as he attends the start of the production at Tesla’s “Gigafactory” … [+] on March 22, 2022 in Gruenheide, southeast of Berli (Photo by Patrick Pleul / POOL / AFP) (Photo by PATRICK PLEUL/POOL/AFP via Getty Images) POOL/AFP via Getty Images Twitter has been in the news again, and…
Elon Musk Twitter account private page seen on Mobile with Elon Musk in the background on screen. On … [+] 2 February 2023 in Brussels, Belgium. (Photo Illustration by Jonathan Raa/NurPhoto via Getty Images) NurPhoto via Getty Images Tesla stock has nearly doubled in the first six weeks of 2023. If Elon Musk replaces himself…
ANKARA, TURKIYE – OCTOBER 06: In this photo illustration, the image of Elon Musk is displayed on a … [+] computer screen and the logo of twitter on a mobile phone in Ankara, Turkiye on October 06, 2022. Muhammed Selim Korkutata / Anadolu Agency Anadolu Agency OBSERVATIONS FROM THE FINTECH SNARK TANK The story of…
getty Key takeaways As a potential recession nears, tech companies continue to lay off thousands of employees Meta kickstarted the layoff wave in early November when it slashed 11,000 employees While many companies blame the layoffs on pandemic over-hiring and a potential recession, experts suspect investor expectations play a role The tech sector has long…
Topline Tesla shares skyrocketed Thursday after the company reported its best-ever quarterly sales and profit in a report that largely shattered market expectations, as the stock bounces back from multiyear lows as investor sentiment soured regarding the company’s limitless growth prospects and distractions from its billionaire CEO Elon Musk. A smiling Elon Musk leaving a…
David Einhorn’s Greenlight Capital enjoyed a robust return of 36.6% net in 2022, significantly outperforming the S&P 500’s 18.1% plunge. Since its inception in May 1996, Greenlight Capital has returned 2,358.3% for an annualized return of 12.8% net. Over the same timeframe, the S&P 500 gained 864% for an annualized return of 8.9%. LAS VEGAS…
Getty Images Key takeaways Due to various issues, Tesla’s stock was down over 50% in 2022. Hopes are high for a good 2023 with the Cybertruck and Tesla Semi rolling out. With a fair price-to-earnings ratio, investors are jumping into the stock in 2023. Tesla stock is up 14% in 2023, even after missing prior…
SOPA Images/LightRocket via Getty Images Key takeaways Binance recently delisted a trading pair that involved Shiba Inu, and this has some concerned that the SHIB token was being removed. The SHIB token isn’t going anywhere and will continue to be listed on the exchange. The meme coin was even ranked the third-most-watched cryptocurrency for 2022,…
FREMONT, CALIFORNIA – APRIL 20: In an aerial view, Tesla cars sit parked in a lot at the Tesla … [+] factory on April 20, 2022 in Fremont, California. Tesla reported first quarter earnings that far exceeded analyst expectations with revenue of $18.76 billion compared to expectations of $17.80 billion. (Photo by Justin Sullivan/Getty Images)…
Topline Shares of Tesla plunged to a fresh two-year low on Tuesday as the embattled automaker—already reeling from concerns chief Elon Musk has shifted too much focus to Twitter—reportedly faces a prolonged shutdown at a key factory next month and broader skepticism the electric vehicle industry can meet lofty sales expectation as Covid-19 outbreaks pummel…