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
PRODUCTION ISSUESTesla expects it will become profitable later this year. But that hinges on a big "if." To do so, Tesla has to ramp up production of its Model 3 electric car to 5,000 units a week. The company says it may reach that level in about two months. Just prior to a planned shutdown in mid-April, Tesla was producing Model 3s at a rate of more than 2,000 a week. … [Read more...] about As Tesla Fights to Make Profit, Wall Street Has Concerns
On Wednesday's post-earnings conference call, Tesla took its first questions from the two analysts Musk had dismissed three months earlier, when the company reported first-quarter results. That day, the stock plunged in after-hours trading in response to the "boring, bonehead questions" insults and erratic behavior by its executive. … [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
In addition to its high-quality electric vehicles, Tesla has been making huge strides and gearing its focus more toward the creation and storage of efficient solar and electric energy. Another very interesting aspect to their business model: no more patent litigation. In fact, Tesla CEO, Elon Musk, has specifically referred to a patent as “a lottery ticket to a lawsuit” and claims to avoid them whenever possible. We wanted to know what you all thought of this. Like Tesla, do you see patents—and the lengthy, expensive lawsuits they lead to—as a hindrance to innovation? … [Read more...] about Tesla Drops Motors And Patent Suits