The cult of Tesla takes hold in 2020
"The rise in stock price and the fact that Tesla is worth more than Fiat Chrysler, General Motors and Ford combined — is worth more than Volkswagen and Toyota — has nothing to do with reality," Bob Lutz, who served as executive vice president at Ford, vice chairman at Chrysler, and vice chairman of General Motors, said in anRobert Bacarella, a vice president and portfolio manager for the growth-oriented investment firm Monetta Financial...
Lately, Tesla appears to be enjoying a tailwind from a pandemic-fueled day-trading trend that has many amateur investors piling into the stock.
The key software-inspired innovations Shipley cited were how the company takes an incremental approach to its product design, its direct-to-customer sales and service strategy, and its increasingly vertical integration of battery technology and other core components.
How? Take SpaceX profits and keep pouring them into money-losing Tesla.
Unfollowed because of paywall
Some good traders, some bribes to good PR, and plenty of tax credits ?
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside the life of a pregnant mental health counselor during COVID-19 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. No one cares.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Coronavirus pushes automakers and car dealers to sell more online - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. One really doesn't need a high paid commission sales person when the research, stats & reviews are online. Most buyers already know what they want & do the comparisons. Shop online at a fair price & stop paying inflated salaries & dealerships costs. vehicles carbuying
Source: BusinessInsider - 🏆 729. / 51 Read more »
Business Insider's best investing stories of the week ended July 21 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
The future of Tesla's $200 billion winning streak hinges on this week's earnings report - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Elon most likely has something up his sleeve. Not true. Stocks don’t react long term to short term swings in free cash flow growth.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Tesla earnings Q2 preview: Analyst commentary leading up to the report - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »