Elon Musk Bought 300 Hectares for a New Gigafactory That May Be Unusable

Tesla’s Gigafactory Berlin has hit a major stumbling block as activists try to block its construction. Google was once thwarted by local activists when trying to open a tech start-up incubator. Elon Musk’s claims that the Gigafactory will have a net positive environmental impact aren’t enough to assuage environmentalists’ worries. Elon Musk was on the …

2 Factors Why Sky-High Tesla is a Massively Overvalued Stock

Tesla is overvalued at $92.55 billion and has an extreme premium. Its earnings to valuation ratio is almost 10 times bigger than traditional carmakers. TSLA continues to be the most shorted automaker stock, and that’s a positive for the company. Tesla (NASDAQ: TSLA) is valued at $92.55 billion. That is just $8 billion short of …

Tesla Shorts Fire Back as Elon Musk Mistakenly Declares Victory

Musk replied to Twitter user @TeslaTested who claimed Jim Chanos covered his short position after having lost $175 million. Jim Chanos has since dispelled the rumors. Questions surrounding Tesla’s accounting practices remain unanswered. CEOs of large cap companies don’t usually spend their time attacking short sellers. They know if their business performs well, it will …