Tag: Elon Musk

  • Why It’s Best to Avoid Tesla for Now

    Why It’s Best to Avoid Tesla for Now

    Tesla’s (TSLA) not looking so hot this afternoon. Down about $7 in after-hours, it’s likely to sink even more tomorrow.  All after missing on earnings. EPS of 66 cents missed expectations of 73 cents. Revenue of $23.35 billion was also below estimates of $24.1 billion. This is also the first time TSLA missed on earnings…

  • Here’s Why Twitter Could Test $70 Again

    Here’s Why Twitter Could Test $70 Again

    Keep an eye on Twitter (TWTR). In pre-market, the stock is up another $4.61 to $54.62.  Just yesterday, the stock gapped higher by $10.66.  All after billionaire Elon Musk took a 9% stake in the social networking company. According to CNBC, “Musk owns 73,486,938 shares of Twitter, which represents a 9.2% passive stake in the…

  • Three Top Ways to Trade the Bitcoin Bounce

    Three Top Ways to Trade the Bitcoin Bounce

    Bitcoin is just beginning to recover. Days ago, Elon Musk sent the digital currency screaming lower after saying Tesla would no longer accept Bitcoin for auto purchases, citing “rapidly increasing use of fossil fuels for Bitcoin mining,” as quoted by CNBC. In addition, Musk tweeted, “We are also looking at other cryptocurrencies that use <1%…