Did The SEC Pick The Wrong Cherries?
I wonder whether the SEC picked the wrong cherries from Elon Musk’s deposition.
I wonder whether the SEC picked the wrong cherries from Elon Musk’s deposition.
I just watched numerous clips from and about today’s hearing for a US Supreme Court Justice. There was one specific thing I never saw specifically stated about Brett Kavanaugh.
The SEC has sued Elon Musk personally, alleging fraud. One result could be that Elon is banned from serving as an officer or director of any publicly traded company — including his own.
On September 17th, as a person living on Earth, I was so happy to see Yusaku Maezawa and Elon Musk announce they were sending artists to orbit the Moon via SpaceX’s BFR. It gave me hope that one day my family could go to space! A positive and uplifting message. Reality intruded and led me to anger and despair.
NIO is one of the electric vehicle (EV) startups we’ve been most eagerly watching over the past couple of years. It has the backing of some solid Chinese billionaires, has presented an attractive vehicle design in the car class humans now love most, and has ambitious autonomous and connected vehicle plans.
Baird & Co analyst Ben Kallo tells his clients to ignore all the smoke and noise surrounding Tesla and Elon Musk. After a recent tour of the Gigafactory, he is more certain than ever that the company will thrive.
When companies report earnings, the financial news mentions how the company’s revenue and earnings per Share (EPS) performed against professional estimates. If a company beats both, the stock price will usually go higher. And if they miss both, the stock price will go the opposite way, lower. If either misses, financial analysts will ask management questions on the conference call to get a better idea of how the underlying business is doing.
Despite intense media scrutiny around Tesla’s Model 3 “production hell” ramp, and Elon Musk’s take-Tesla-private drama, Tesla now has the #1 best selling car in the US. You may think that was a typo, but read on.
In the news, we hear a lot daily about missed or delayed production numbers and high cash burn. However, Tesla announced recently that it expected to be cash flow positive and profitable in Q3 and Q4 2018, and even more interesting, for all future quarters. Let’s discuss together if these statements can be trusted using the past to predict the future.
With unparalleled fame and attention for a CEO, the spotlight is getting brighter for Tesla’s Elon Musk. His decision (and subsequent reversal) to take Tesla private, has only heightened the glare. One pivotal reason Musk backed off his bid to go private was reported by the Wall Street Journal, “It might mean allowing competitors inside his tent—one of the investors his bankers had lined up was Volkswagen AG, people familiar with the matter said.”