Tag: Technology

Share to FacebookShare to TwitterShare to LinkedinTopline In her first Tesla sales since January, famed stock picker Cathie Wood, the CEO of investment firm Ark Invest, has offloaded a massive stake in the electric vehicle maker helmed by Elon Musk over the past week, dumping more than $200 million in shares to instead splurge on…

Faraday Future Intelligent Electric  (FFIE) – Get Faraday Future Intelligent Electric Inc. Report was long seen as the electric vehicle maker that would challenge Tesla’s  (TSLA) – Get Tesla Inc Report dominance. The company has even embraced the title of Tesla’s No. 1 competitor.  It is clear that the two groups no longer seem to play in…

We’re all tired of hearing about rising gas costs but, unfortunately, the inflation is affecting many aspects of our daily lives. Driving is expensive, food delivery is (more) expensive and those who don’t own a car but take regular Ubers  (UBER) – Get Uber Technologies, Inc. Report or Lyfts  (LYFT) – Get Lyft, Inc. Class A Report also…

Share to FacebookShare to TwitterShare to Linkedin The wreckage of an Su-34 in Ukraine. Photo via Oryx blog The Sukhoi Su-34 was supposed to change the Russian air force. The twin-engine, twin-seat, supersonic fighter-bomber—a highly-evolved variant of the Su-27 air-superiority fighter—promised to usher in a new era of high-tech, precision bombing. Instead, the Su-34s have…

Elon Musk speaks at the opening of Tesla’s new electric car plant near Gruenheide, Germany. Getty Images Tesla may be the top-selling electric vehicle brand but in California, its biggest market in the U.S., the carmaker’s products have become too expensive for customers there to receive state rebates for non-polluting cars and trucks. The state’s…

The true enemy of the stock market isn’t inflation, it’s froth, Jim Cramer warned his Mad Money viewers Monday. That’s because froth only appears at the end of a rally, Cramer explained, and it always involves a lot of pain for shareholders. The markets are already down big from their November highs, and many speculative…

It’s a bit of fiction meeting reality.  Elon Musk has ambitions for the future of humanity.  And the whimsical and visionary CEO of Tesla  (TSLA) – Get Tesla Inc Report seems in a hurry to realize this vision.  What he has in the boxes is likely to raise the hair of more than one of his…

Mahatma Gandhi once said, “Be the change you wish to see in the world.” Not sure Gandhi had the capitalist world of business and economics and billionaires in mind. Or, perhaps one billionaire in particular. Tesla  (TSLA) – Get Tesla Inc Report Chief Executive, or the “Technoking of Tesla,” as he likes to call himself, Elon Musk…

Since the unprovoked invasion of Ukraine by Russia on February 24, Elon Musk has established himself as an important supporter of Ukraine.  He has publicly expressed this support, a rare thing for a CEO of multinationals like Tesla  (TSLA) – Get Tesla Inc Report and SpaceX. In doing so, he enabled other CEOs to do the…

Elon Musk is a habitual tweeter. The Tesla  (TSLA) – Get Tesla Inc Report Chief Executive tweets at all hours, during the work day and late at night. The billionaire’s wide ranging thought process on Twitter  (TWTR) – Get Twitter, Inc. Report frequently jumps from his own pet projects to law enforcement to social media. His…