Cathie Wood's ARK Making a Big Bet on Elon Musk Again... This Time With Twitter

Tesla’s (TSLA) Chinese Deliveries Slip in October Following Record Highs

Teslas (NASDAQ: TSLA) China deliveries fell in October after reaching record highs the month before. According to Chinas Passenger Car Association, the company shipped 71,704 cars from its Shanghai plant. Thats up from a year ago, but down from a record high of 83,135... More

Ford (F) Releases October Sales Numbers: EV Segment Jumps 2.2% YoY

Shares of Ford Motor Company (NYSE: F) are down 1.04% in early trading on Wednesday after the company released their sales numbers from the month of October. The American automaker reported 158,327 vehicles sold, 6,261 of which were electric models.

According to data released by the company, Fords October share of the electric vehicle segment was up 2.2 percentage points... More

Bernstein Reiterates Underperform Following Tesla (TSLA) Software Valuation

Bernstein reiterated an Underperform rating and $150.00 price target on Tesla Inc. (NASDAQ: TSLA) following an analysis of the companys software value. Analyst, Toni Sacconaghi sought to weigh-in to an ongoing debate about whether or not Tesla should be valued as a tech/software company or an auto manufacturer.

Tesla has two main sources of automotive software revenue today. First is deferred revenue recognition from software updates, which amounted to $48M last quarter, or ~$5/month per car in the installed base. Wrote Sacconaghi. The second source of software... More

Tesla (TSLA) Closes Flagship Showroom in Beijing

According to a report by Reuters, citing people familiar with the matter, Tesla (NASDAQ: TSLA) has closed the companys flagship showroom in Beijing, China. The Beijing showroom was in Parkview Green, an upscale downtown shopping center. A member of the mall's staff confirmed to Reuters during a visit to the site on Wednesday that Tesla had shut the showroom.... More

Twitter's Blue Tick to Cost $8 Per Month Tweets Musk - 'Power to the People!'

Twitter owner and founder Elon Musk stated in a tweet that the social media platform's blue tick will cost users $8 per month.

After initial reports that Musk was looking into the possibility of charging $20 for a blue tick on Twitter, Musk then floated the idea of charging $8 per... More