Elon Musk spent much of last year selling off Tesla stock, though he remains the company’s largest individual stakeholder. However, despite a disdain for index funds and passive investing, some of those firms now make up a large portion of Tesla’s shares. Musk now owns fewer Tesla shares than the … [continued]
There is a rather ironic thing about Donald Trump. In one decade, it’s been argued that he lost more money than any other American — due to the fact that he inherited such a fortune but then did so poorly as a businessman.
Yet another report has stated that India is on-track to meet the commitment it made as part of the Paris Agreement. This time the report comes from the global credit rating agency Moody’s.
Analysts seem to talk about Tesla’s “cash problem” often, especially leading up to the $920 million bond repayment and after the Model Y event. Tesla has access to so many sources of liquidity that the “cash problem” is a mythical problem.
As Liza Minnelli sung in Cabaret: “Money, Money, Money makes the world go around.” Tesla needs cash, lots of cash. There are many panicky stories of the cash squeeze Tesla is going to experience. Those stories are not only appearing on Seeking Alpha, even Moody’s is starting to believe and repeat them. That is a serious situation because the Moody’s investors service is supposed to know what it’s talking about. They are essentially saying: “We see risks, we see opportunities, but we don’t know whether there is solid ground in the near future. This uncertainty forces us to downgrade Tesla until we know more about the financial results and expectations.”
The plunging cost of wind power has forced the cancellation of a long planned expansion to the coal power generating facility in Holcomb, Kansas.
During a conference call on Monday with financial analysts to discuss a new bond offering, CEO Elon Musk let slip that his original estimate of annual Tesla Model 3 totals was about 200,000 short — now he’s saying that the all-electric car company will likely produce 700,000 units of the Model 3 annually one day.
Revolutionary change is coming to the auto industry, and no one can say at this point what the transport system of the future will look like. All kinds of theories are flying around — and most of them seem to include Tesla.
According to the Climate Bonds Initiative, the total green bonds issuance globally stood at $21.76 billion during Q1 2017, up nearly 42% from the issuance during the same quarter last year.
Around $208 billion worth of labeled green bonds are expected to be issued this year, a massive increased from $93.4 billion in 2016, Moody’s has suggested.
