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Tesla stock (NASDAQ: TSLA) dove 7.5% on Monday, falling twice as hard as the Dow and S&P 500. Tesla has had a turbulent February, with coronavirus fears beginning to eat into its growth. Analysts warn that Tesla stock is in a bubble and due for a big correction. Yesterday’s
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Germany is on the brink of recession after growth slowed to zero in the last quarter. The economy is being dragged down by a seismic slump in car manufacturing. The Tesla effect – and the shift to electric vehicles – is leaving Germany in dire straits. Germany’s economy is
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The Chinese automobile industry is in freefall as the country deals with the economic fallout from the coronavirus outbreak. Tesla depends on China to fulfill the optimistic guidance provided by Elon Musk. Tesla probably won’t be able to meet its forecasts because of China-related headwinds. Car sales in China
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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 will report a weak first quarter on lower deliveries, says investor. The company will recover as deliveries soar after the first quarter. The bull believes that TSLA’s share price can skyrocket by over 200% this year. Tesla (NASDAQ:TSLA) is having a monster 2020. The stock is up by over 88% year-to-date and
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The Donald Trump administration is seeking to dismantle a program benefiting the EV industry. You might think Tesla, a longtime beneficiary of the program, should cringe at its proposed cancellation. But there’s a surprising reason Elon Musk should secretly cheer Trump’s budget. President Donald Trump’s latest controversial budget proposal seems destined to make
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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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The coronavirus outbreak is having a sizable impact on the Chinese economy. Car sales have slumped and will probably stay subdued for the entire year. Chinese electric car-maker—Nio—was already cash strapped, and the coronavirus outbreak will likely push it into bankruptcy. The growing number of coronavirus cases has crippled the Chinese economy. All
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Tesla stock dipped overnight after an annual SEC filing raised concerns about the impact of China’s coronavirus epidemic. This comes shortly after the announcement of a $2 billion stock offering early in the day to raise capital. TSLA bulls are now dealing with the possibility that Elon Musk’s aggressive growth strategy has
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Forbes published an article that explains how Tesla will be acquired by Google for $1,500 per share. Wild speculation is common when an asset bubble is about to pop. We’ve seen this happen in bitcoin in 2017, gold in 2011 and the housing market in 2008. To say that
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