Cryptocurrency Analysis and News Portal
Mark Spiegel’s fund beat the stock market in May thanks to some carefully-selected value stocks. But he said it would be “mental” to go fully long without hedging for a significant downturn. His fund also remains bearish on Tesla despite losing more than $1 million in short bets. The bulletproof stock market has
Read More
Amazon is increasingly encroaching on space occupied by Tesla. The online retailer has invested in electric and autonomous car startups. For the newly minted conservative, Elon Musk’s solution may lie with Democrats. More than two decades after launching as an online retailer, Amazon (NASDAQ:AMZN) is now in nearly every industry ranging from entertainment
Read More
With zero ad budget, Tesla relies on free methods of advertising. The electric carmaker enjoys strong engagement on platforms such as YouTube and Twitter. Established carmakers are traditionally heavy advertisers. Will Tesla follow suit as competition intensifies? Tesla (NASDAQ: TSLA) spends $0 on advertising. But that hasn’t stopped the
Read More
Bloomberg’s annual electric vehicle outlook report has found that combustion vehicle sales peaked in 2017 and that electric vehicle sales will become dominant from 2037. Tesla stock is well-positioned to benefit from this trend, which will be accelerated by the coronavirus pandemic. However, Tesla won’t be the only major
Read More
A large New York hedge fund dumped a boatload of Tesla shares in the first quarter of 2020. The electric car company is one profitable quarter away from being eligible to enter the S&P 500. The most widely followed trader on Twitter believes that Tesla offers a massive upside.
Read MoreElon Musk’s electric car manufacturer Tesla piloted a blockchain solution in late 2019 with leading shipment management technology solutions provider, CargoSmart, Cosco Shipping Lines, and the Shanghai International Port Group has been revealed. Tesla’s speed will not only be reflected in the capability of the auto and in the automobile
Read More
Since the 2019 low, Tesla’s stock has rallied over 400%. Long-suffering short sellers recently managed to catch a lucky break amid the coronavirus-induced selling. TSLA is overwhelmingly the most shorted stock currently. Despite incurring massive losses due to Tesla’s (NASDAQ:TSLA) 2019-20 rally, short sellers are yet to give up.
Read More
Stanphyl Capital says Tesla is the ‘biggest single stock bubble’ and may go to zero. The firm has been betting against Tesla since 2014 and lost more than $1 million shorting the stock. Despite a slump last week, Tesla stock remains up more than 50% year-to-date. Tesla (TSLA) perma-bear
Read More
Virgin Galactic (NASDAQ: SPCE) stock is the darling of Wall Street speculation. Chairman Chamath Palihapitiya believes his company is not a bubble, comparing it to Tesla and citing pent-up demand for space travel. Unfortunately, SPCE stock is still light-years away from being like Tesla, or even Beyond Meat. Virgin
Read More
NTSB thinks Apple should shoulder some of the blame in a fatal Tesla Model X accident. The victim in the Silicon Valley freeway accident was playing a video game on a mobile device. It’s ludicrous to blame Apple for a distracted driver’s stupidity. Regulators make unintelligible decisions and incoherent
Read More