No matching items found
Elon Musk. File
The stock of electric-vehicle maker which has climbed 145 per cent this year, crossed $1,000 for the first time ever this week, making it one of the top performers on US stock exchange.
"Lol," Musk tweeted on Thursday, along with adding 'Stonks."
The misspelled word is an internet meme used to describe the ridiculousness of the stock markets.
Tesla has reached a market cap of $190 billion. It has sold nearly 368,000 vehicles globally, and aims to sell over 500,000 in the current fiscal year.
Wedbush analyst Dan Ives said that demand in China for Model 3 is going stronger than expected which is adding to Tesla stock going north.
"We believe that the China growth story is worth at least $300 per share to Tesla as this EV penetration is set to ramp significantly over the next 12 to 18 months," Ives wrote in a note to clients.
Musk said it was time to begin 'volume production' of its new commercial Semi truck.
According to Tesla's website, Semi is powered by four independent motors and requires the "lowest energy cost per mile". The truck was first unveiled in 2017.
The truck is slated to cost around $150,000 for the 300-mile model and around $180,000 for the 500-mile model, said the report.
Musk tweeted in May: "Tesla stock price is too high imo (in my opinion)".
"In the (hopefully unlikely) event that Twitter forces this deal to close *and* some equity partners don’t come through, it is important to avoid an emergency sale of Tesla stock," he said in a tweet late on Tuesday.
The outspoken Tesla CEO, the world’s wealthiest person, has said he wants to buy Twitter because he thinks it’s not living up to its potential as a platform for "free speech.”
Sometimes it feels like it’s Elon Muks’s world and we just live in it. The endlessly innovative, endlessly eccentric billionaire has struck a deal to buy Twitter — giving him control of the social media network on which the world debates, mobilizes
Elon Musk, the maverick billionaire, has revealed on Monday that he has purchased 9.2 per cent of Twitter’s shares, worth nearly US$3 billion, raising his stake in the company to 25 per cent, thus becoming the largest stakeholder in the microblogging
The new and improved integrated digital tax service platform EmaraTax, set to be launched by the Federal Tax Authority (FTA) in a few days, will be a cornerstone of our efforts to shape the future of the UAE tax system,”
The global amusement parks market grew from $42.68 billion in 2021 to $69.27 billion in 2022 at a compound annual growth rate (CAGR) of 62.3 percent, according to research reports.
Riding on the success of Madrid, Riyadh, Bahrain, Mumbai, Milan, and Bogotá editions, International Real Estate Community Management Summit (IRECMS Dubai) will have a 4-day schedule
The Sharjah Chamber of Commerce and Industry (SCCI) discussed with the Moscow Chamber of Commerce and Industry the cooperation chances for business communities in Sharjah and Moscow,