BusinessThe Street•2 hours agoTesla Faces 3 Serious Issues That Should Terrify Any Investor Looking to Buy the Stock
"While it seems there is the 'cult of Tesla' on the long side with its stock price soaring on every whiff of good news, there apparently is also a 'cult of Tesla shorts' which refuses to give up on their thesis and has continued to increase their short exposure in the face of a supercharged price rally," said S3 Partners, LLC Head of Research Ihor Dusaniwsky. Musk is the Steve Jobs of everything from electric cars and solar power (Tesla), to exploring space (SpaceX) and constructing network of tunnels to eradicate "the problem of soul-destroying traffic" (Boring Co.). If Musk defies the conventions of the automotive and aerospace industries and politics, why should Tesla stock be limited by such quotidian concerns as cash burn and production targets? Shares of Tesla have gained more than 53% so far this year to $325.26.
- NewsMoney Talks News•22 hours ago
6 Reasons I’m No Fan of Suze Orman and You Shouldn’t Be Either
Suze Orman has the status of a financial guru. But I have never been able to understand why this self-proclaimed expert has such a following. Imagine a celebrity chef who has given herself food poisoning, or a car expert that couldn’t change a
BusinessZacks•20 hours agoCan Advanced Micro (AMD) Pull an Earnings Surprise in Q2?
Advanced Micro Devices Inc. AMD is set to report second-quarter 2017 results on Jul 25. Notably, the company has a mixed record of earnings surprises in the trailing four quarters, with an average positive surprise of 34.09%.In the last quarter, the company
