(Bloomberg) — An analyst who picked an inopportune time to downgrade Tesla Inc. is expressing regret, giving Elon Musk credit, and yet still doubting the electric-car maker deserves such a rich valuation. I wish I hadnt done it, Joe Osha, an analyst at JMP …
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Month: January 2020
Larry Ellison’s $1 Billion Tesla Bet Is Paying Off After a Wild Ride
(Bloomberg) — Larry Ellisons faith in Tesla Inc. and his friend Elon Musk is being rewarded. The Oracle Corp. chairman bought 3 million shares of the electric-vehicle maker before joining Teslas board in December 2018. The stake — worth $1 billion at the t…
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A Virus Outbreak, Netflix’s Oscar Nod Dominance, and More News
China is learning and Oscar nominations are burning, but first: a cartoon about starting the startup young. Here’s the news you need to know, in two minutes or less. Want to receive this two-minute roundup as an email every weekday? Sign up here! China’s s…
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Tesla’s stock just blew past $500 for a new record
Enlarge/ Elon Musk celebrates the opening of a new Tesla factory in Shanghai, China. 4 with 4 posters participating Less than a month after Tesla’s stock first rose above $400, the company’s shares have now soared past $500 per share. As I write this, one s…
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How the man who challenged Tesla went bankrupt
The following is a transcript of the video: Narrator: In 2015, Faraday Future was a California-based electric-car startup with deep pockets in China and ambitions to take on the world. It assembled, seemingly out of nowhere, a star-studded cast of top execut…
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