Investor Gary Black is puzzled by the lack of sales growth at Tesla, given the current rise in oil prices and the ongoing US-Iran conflict. With Brent crude oil prices hovering around $105 per barrel and no end in sight to the Middle East war, Black expects Tesla’s sales to surge. However, he believes the company’s failure to advertise and educate potential consumers about the benefits of electric vehicles (EVs) is a major obstacle to sales growth.
Gavin Newsom Slams Excess $1.5 Billion Spent on Gas as Prices Soar to $3.70/Gallon Amid Iran Tensions
California Governor Gavin Newsom has criticized the current administration for the surge in gasoline prices across the U.S. In a recent social media post, Newsom’s office stated that the price of a gallon of gas has hit $3.70, with gas in California costing $5.509 per gallon.
Gary Black Breaks Down the Math: How Iran War and Crude Oil Prices Will Affect Tesla Sales and TSLA Stock
The ongoing Iran war has led to a significant increase in Brent crude prices, surpassing $100 per barrel. This surge in oil prices is expected to have a dual impact on Tesla’s sales and stock value.
Tesla Receives Approval to Exchange xAI Holdings for SpaceX Equity
The Federal Trade Commission (FTC) has given Tesla the green light to convert its investment in xAI into a stake in SpaceX.
Michael Burry Warns of Nasdaq Rule Manipulation Risk Amid Potential SpaceX IPO
Investor Michael Burry, famous for his 2008 financial crisis trade, has spoken out against Nasdaq’s proposed rule changes ahead of SpaceX’s anticipated initial public offering (IPO). Burry claims that these changes are the most Shameless structural manipulation of a major index he has ever seen.
Tesla's Cybercab Prototype Sighting in Washington Reveals Unique Two-Seater Design Without Steering Wheel or Pedals
Tesla’s upcoming two-door Cybercab has been generating buzz since its reveal in October 2024. A production-ready version of the Cybercab was recently spotted, offering a glimpse into the vehicle’s interior design.
Rule Change May Pave Way for SpaceX's Inclusion in S&P 500 Index
The S&P 500 Index, which lists some of the largest companies globally, is considering a rule change that could pave the way for SpaceX’s inclusion. This move comes as the Elon Musk-led commercial space flight giant prepares for an initial public offering (IPO) this year.
Elon Musk: Uncovering the Motivations Behind His Twitter Takeover and Trump Alliance
The world’s richest billionaire, Elon Musk, has been a subject of immense fascination, with numerous documentaries and movies attempting to unravel the mysteries surrounding his life and endeavors. A new documentary, serving as a sequel to a 2022 series, is set to explore Musk’s life, focusing on his acquisition of Twitter and his increased involvement in politics.
Tesla Prepares for Massive Cybertruck Production, but Analysts Predict Slow Sales
Tesla is ramping up the manufacture of its Cybercabs at its Giga Texas factory in Austin ahead of a potential April launch. The company is setting up the production line to churn out hundreds of these vehicles every week.
Elon Musk Claims Optimus 3 Will Surpass All Other Robots as the Most Advanced Globally
IntroductionElon Musk has announced that Tesla’s third-generation Optimus Humanoid robot will be the most advanced robot in the world. In a recent interview, Musk shared that the Optimus Gen 3 robot is in the final stages of completion and will begin production in Summer 2026.