The recent explosion of a Tesla Cybertruck in Las Vegas on New Year’s Day has brought attention to the data collection capabilities of Tesla Inc. and sparked a discussion on privacy rights.
Economics This Week: Musk's German Election Interference, Soaring Natural Gas Prices, and Key Developments
The business world has been abuzz with significant stories, from influential figures meddling in foreign elections to the surge in natural gas prices. Here are the key stories that shaped the weekend:
Elon Musk's Ambitious Tesla Growth Target Deemed Unrealistic by Analyst
Karl Brauer, a renowned analyst, has expressed skepticism over Tesla’s ability to achieve its target of 20% to 30% sales growth in 2025, even with the introduction of a lower-priced model. According to Brauer, the ramp-up time required to produce an all-new model is a significant hurdle, and Tesla’s plans may be overly ambitious.
Elon Musk Reacts to Ark Investment's Decision to Overturn His Tesla Pay Package, Calls it 'Awesome'
A group of Tesla shareholders, including Cathie Wood’s Ark Investment Management LLC, are appealing the Delaware Chancery court’s decision to block Elon Musk’s $56 billion pay package at the EV company.
Tesla Sees 62.5% Stock Surge in 2024: A Decade of Growth Since Its 2010 IPO
Tesla Inc has seen a significant surge in its stock price in 2024, with a gain of 62.5% for the year. This increase in value has made Tesla rejoin the $1 trillion market capitalization club and has made its CEO, Elon Musk, the first individual to surpass a net worth of over $400 billion.
Tesla Faces Near-Term Challenges, But Long-Term Growth Prospects Remain Strong
Tesla Inc. analysts are cautious after the company’s fourth-quarter deliveries came in below consensus estimates and production fell below delivery figures. Despite this, many analysts believe that Tesla’s long-term growth prospects remain strong.
Goldman Sachs Slashes Tesla's 2025 Delivery Projections Following Disappointing Results
Tesla Inc. has reported a decline in year-over-year delivery growth for the first time since its inception, delivering 1.79 million vehicles in 2024. This represents a 1% decrease compared to 2023, leaving investors questioning the company’s ability to maintain its ambitious growth targets.
Giorgia Meloni Dismisses Security Fears Surrounding Elon Musk's Italian Investment Ventures
Italian Prime Minister Giorgia Meloni has publicly stated that investments from companies owned by Elon Musk do not pose a threat to Italy’s national security. Meloni emphasized the importance of evaluating investments based on national interest.
Elon Musk Gives Away Over $101 Million in Tesla Stock to Charity
Billionaire CEO Elon Musk has donated 268,000 Tesla Inc. shares to charity before the onset of 2025. This donation was made as part of Musk’s year-end tax planning, according to a regulatory filing dated December 31.
S&P 500 Drops for Fifth Consecutive Day as Tesla Plunges, Greed Index Indicates Ongoing Fear
The US stock market experienced a downturn on Thursday, with the S&P 500 and Nasdaq Composite recording their longest losing streaks since April. This decline is attributed to various factors, including a surge in fear levels as indicated by the Fear and Greed Index.