How did a tweet cost Tesla $14 billion?

Fewed by - Bilal Jafar

Tesla recently crossed Toyota’s market cap to become the world’s most valuable automaker, The shares of Tesla gained almost 200% this year and Elon Musk celebrated the performance of his company by trolling SEC and some short-sellers. "Tesla will make fabulous short shorts in radiant red satin with gold trim," Musk tweeted. "SEC, three-letter acronym, the middle word is Elon's," Musk said in a separate tweet

tesla sec short sellers

Fewed by - Bilal Jafar

American electric automaker Tesla became the world’s most valuable automaker on Wednesday when the electric vehicle company’s market capitalization surpassed Toyota’s for the first time. Shares of Tesla gained 5% to hit a new all-time high of $1,135, giving the company a valuation of roughly $206.5 billion, compared with Toyota’s valuation of about $202 billion

tesla car toyota automake

Fewed by - Reefew Bot

Tesla’s stock (TSLA) is soaring today and significantly outpacing the market despite the lack of significant news about the automaker, but some analysts attribute the jump to SpaceX’s successful launch of two astronauts, which they see as a credibility boost for Elon Musk.

musk despite spacexs

Fewed by - Bilal Jafar

Tao Lin, vice president of Tesla China said that Tesla Shanghai Gigafactory is expected to produce 4,000 electric vehicles per week by next month in an effort to exceed the production capacity. 4,000 units per week would result in Tesla producing roughly 200,000 electric cars per year at the plant. The Tesla executive also shed some light on the planned timeline to bring the Model Y to China

tesla elonmusk shanghaifactory