Haha, that is exactly what I thought as well
He kept going
Teslaās share price has surged this year, putting the electric carmakerās value at close to $100bn, a mark that would trigger a bonus payment of hundreds of millions of dollars to the entrepreneur.
In 2018, a tweet about Teslaās future on the New York stock market led to regulators fining him $20m and Mr Musk agreeing to have all further posts on the platform pre-screened by lawyers.
On Friday, the Wall Street Journal reported it had asked the billionaire if he was joking about the share price tweet and whether it had been vetted, receiving the reply āNoā.
SOURCE BBC
The below sentence caught my eye after heās saying theyāre overvalued. Discussing market cap
If and when that figure nabs $100 billion Musk has an option to buy 1.69 million shares of Tesla stock for $350.02 per share. Tesla stock closed at $769.12 on Tuesday. If Musk were to sell the 1.69 million at that price, minus what he laid out for the initial purchase, he could net around $700 million.
Good news
The application was lodged last Tuesday with the UKās Gas and Electricity Markets Authority, for a licence to generate electricity to supply āany premisesā in Great Britain.
The latest drama for Tesla - leaving CA for good:
Thereās more information on Texas and Teslaās history in this Quartz article from last year.
By moving manufacturing to Texas, I wouldnāt be surprised if Elon Musk achieved a 180 degree turn in the local attitude.
!Speculation alert!
I really like Tesla (used to like Musk, but thatās another story!) and I think the company has huge potential for further growth in both cars, energy storage and batteries⦠however that article just doesnāt make any sense.
The overwhelming majority of right hand drivers live on the other side of the world. Producing cars in India would surely be cheaper in every respect than in the UK, or just using the first Tesla factory in China to produce RHD cars for that region.
Those other RHD countries also have long established trading histories and trade agreements with other countries in the world unlike the UK where the only certain thing is absolute uncertainty until the end of the year because of the colossal blunder of Brexit.
Musk was reportedly in Bristol middle of last week looking at potential sites for a UK gigafactory
$1000
Love tesla big time, at the same time exploring Nio, the chinese tesla. If things develop well for Nio, perhaps it might equal Tesla in a decade, why not
The Nikola CEO said he was as good as Elon. So Elon put the semi into production.