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Elon Musk has another fundraising effort planned for SpaceX. The Tesla boss recently announced a possible IPO for his Starlink project as well as an additional $2 billion common stock offering of TSLA. All these moves suggest Musk might be feeling less than confident about the health of the
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Tesla could reduce costs significantly by using cobalt-free batteries. Cobalt batteries are one of the most expensive components in electric vehicles. Elon Musk envisioned the Model 3 as a mass market car but it currently competes with luxury vehicles. One of the biggest factors preventing the mass adoption of electric vehicles (EVs) has
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Tesla’s Gigafactory Berlin has hit a major stumbling block as activists try to block its construction. Google was once thwarted by local activists when trying to open a tech start-up incubator. Elon Musk’s claims that the Gigafactory will have a net positive environmental impact aren’t enough to assuage environmentalists’ worries. Elon Musk was
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Warren Buffett underperformed the stock market by 20 percentage points in 2019. His classic ‘value investing’ strategy is no longer effective in this new financial market. The rapid rise of innovation and growth stocks like Tesla usher in a new era of investing methodology. For decades, Warren Buffett has been the king of
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Just days after Elon Musk said Tesla won’t raise money, the company turned to the capital markets. Tesla was always going to be in need of more cash to fund its future products. This is not the first time Musk lied about raising money. Being the CEO of a publicly-listed company is a
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Tesla will dilute shareholders by issuing $2 billion worth of additional stock. Elon Musk told investors that a capital raise “doesn’t make sense” just two weeks ago. While the stock dipped in pre-market trading, shares have recovered most of the losses. Tesla (NASDAQ:TSLA) has decided to dilute its investors by raising $2 billion
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SpaceX’s chief operating officer recently told investors its Starlink project would be the “right kind of business” to take public. That won’t be for a few years, but if Starlink does IPO, it could be enough to rocket Elon Musk past Jeff Bezos as the world’s richest founder. Here is some back
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Earlier this month Sacha Baron Cohen hyperventilated that Mark Zuckerberg rules information like an emperor over Facebook. Elon Musk chimed in with a more measured reply. But it’s more accurate too. Facebook isn’t dangerous. It’s lame. Here’s what’s wrong with Facebook (NASDAQ:FB). Mark Zuckerberg’s control over people’s photos of their dinner is giving
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We've got the "hawt" new single from Tesla CEO Elon Musk and, as bitcoin ends its best January ever, traders eye a price move above the psychological level of $10,000.Disclosure Read More The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and
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Billionaire tech entrepreneur Elon Musk has become the target of a crypto scam that tries to impersonate him in order to fool his followers on Twitter. Yes, again.The obvious intention of the scammers is to mislead followers and get them to send their Bitcoin(BTC)trade and Ethereum (ETH)trade funds to the
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