Over the past four trading weeks, Tesla shares have dropped more than 25% to a 5-year low at $190 per share as of the 24th of May. In the next 12 months, things could get a lot worse. If its stock falls below $100,...
No guarantee declining sales of Tesla’s most expensive electric car models will bounce back, despite pragmatic cash-flow forecasts. Additionally, Tesla may have to raise capital for financing production of Model Y that was recently unveiled in Los Angeles.
Following the announcement of the electric carmaker’s...
Tesla’s founder and CEO Elon Musk flummoxed financial analysts and debt market experts by consistently reiterating that his company could survive without raising capital. Elon repeatedly said that Tesla could continue doing business by exploiting profits and startup-style mindset. Market analysts always wondered why...
The price of Ethereum started to fall against the USD just like the rest of the cryptocurrency market. This morning, the price of Ethereum quickly went from red to green following a conversation between Tesla's Elon Musk and Ethereum’s Vitalik Buterin.
Ethereum News Today -...
Elon Musk, the most well-known Silicon Valley guru, took to the New York-based ARK Invest’s “FYI” Podcast to touch on Tesla’s plans, autonomy, other innovations, such as crypto. Per The Block, who compiled his comments regarding cryptocurrencies, Musk made his comments with explicitly bullish tones.
After discussing Tesla’s...
Of recent, Singapore authorities reported that residents lost almost $78,000 to fraudsters in three months.
Online crypto scam make use of fake personalities.
According to the Straits Times, between September and November 2018, Singapore residents have been duped of almost $78,000 by online Bitcoin scams.
The authorities...
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