Alexander Haissl of Berenberg said they are maintaining their bullish view on Tesla (TSLA) and see no reason to walk away from our price target of $500. His price target of $500 implies more than 100% upside in the next year.
Tesla investors are having definitely a bad year as TSLA stock has made them poorer by more than 30%. The Elon Musk-led company’s stock fell to two-year lows earlier this week.
Tron’s CEO Justin Sun provided the winners of his giveaway with a cash equivalent instead of Tesla cars. But the amount is lower than the real price.
Tesla plans to join the ride-hailing business as soon as 2020 with Elon Musk saying the owners whose cars participate in the Tesla network will keep up to 75% of the generated revenue.
Elon Musk laid out the automaker’s plan when it comes to self-driving, but now the CEO attaches a valuation prediction to it as the company attempts to raise over $2 billion.
Crypto community has made numerous attempts to lure SpaceX’s and Tesla creator Elon Musk into the crypto family. The latest try comes from Binance’s CEO offering Musk make his own coin called ‘SpaceXcoin’.
According to China’s Association of Automobile Manufacturers, Chinese citizens will buy at least 1.6 million electric vehicles this year. Tesla, on the other hand, lost $700M+ in the last quarter. Is it a real competition or just buying opportunity for Tesla stocks?
Crypto-Twitter is known for its hysterics. Elon Musk challenged this fact when he just tweeted “Ethereum”, and it went in a frenzy as expected, being re-tweeted more than 3000 times in only 2 hours.
Jaguar Land Rover is testing software that will allow drivers to earn the IOTA as a reward for sharing data. IOTA immediately reacts growing by more than 20%.
Ford Motor has agreed to invest $500 million in Rivian, an electric-car start-up that is widely seen as a potential rival to Tesla in order to accelerate its efforts to field a range of electric cars and trucks. TSLA stock reacts immediately.