In February 2017, the company began digging a 30-foot-wide, 50-foot-long and 15-foot-deep testing trench on the premises of SpaceX's offices in Hawthorne, California, as construction on the firm’s own site would not require any permits. … [Read more...] about The Boring Company – what does Elon Musk’s tunnelling company do, why do they sell flamethrowers and where to get a hat?
How much shares does elon musk have in tesla
The company spent slightly more than $1 billion in the first three months of this year to cover the cost of manufacturing its cars, salaries for its sales staff, equipment and other business expenses. That spree left Tesla with $2.7 billion in cash at the end of March. … [Read more...] about As Tesla Fights to Make Profit, Wall Street Has Concerns
"Elon Musk apologized multiple times for his inappropriate behavior on last quarter's call," analyst Brad Erickson said in the note to clients Wednesday. "TSLA's forward commentary was mostly better than feared … and the CEO worked to restore some faith and credibility with investors that he can be a plus to the investment narrative, not a minus." … [Read more...] about Elon Musk Makes the ‘Most Valuable Apology of All Time’ on Tesla’s Earnings Call
Buying of put options conveys the right to sell shares at a fixed price in the future. Out-of-the-money puts are contracts that make money if the stock drops and are typically used by investors to protect against a fall in the share price. … [Read more...] about Owning Tesla Shares About The Riskiest It Has Ever Been: Options Data
Meaning, Musk sees patents as a hindrance to progress. Does this remind you of another very visible techno company that recently launched a patent-free program, allegedly designed to foster innovation? Google recently launched their cross-patent PAX program. Perhaps this is the way of the future. Google has gathered an impressive array of innovators who, as PAX members, share royalty-free patent licenses. Tesla has publicly denounced patent lawsuits against manufacturers who, in good faith, want to incorporate their technology into electric vehicles. Maybe patents are becoming a thing of the past. … [Read more...] about Tesla Drops Motors And Patent Suits