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Showing posts with label History. Show all posts
Showing posts with label History. Show all posts

Saturday, April 9, 2022

How Elon Musk changed Tesla

 Tesla (TSLA) is one of the world's most important car manufacturers. And while it sold only 936,000 cars in 2021 out of 6,291,000 GM vehicles, Tesla's $ 1 billion market surpassed GM (GM), Honda (HMC), Ford (F), and Toyota (TM) combined.




But it was not easy for the company to reach that point. Tesla was assembled in 2003 by engineers Martin Eberhard and Marc Tarpenning. And despite the fact that CEO Elon Musk was undoubtedly the face of the automaker, he was not the real founder.


Musk actually joined Tesla in 2004, when he provided $ 6.35 million in the company's initial $ 6.5 million in Series A funding. With that investment, Musk became Tesla chairman while Eberhard served as CEO.


Eberhard stepped down in August 2007 following a power struggle behind Musk. Michael Marks, a former Tesla investor, was named interim CEO until November when Monolithic Memories founder Ze'ev Drori took over.



Tarpenning, meanwhile, left in 2008, the same year Tesla's first car, the Roadster, began production. In October 2008, Musk became CEO.



Stung by the recession, Tesla sold Daimler 10% and took out a $ 465 million government loan in 2009. However, he was able to release the Model S model that same year. The CEO drama is not over yet. In June 2009 Eberhard sued Musk. The case alleges that Musk fired Eberhard and tried to rewrite history to prove that he was the founder of Tesla.


But strangely enough, the two settled in September 2009 with Eberhard and Musk agreeing to share the founder’s title with three others including Tarpenning. Tesk Musk's official biography also calls him CEO and co-founder.


In 2010, the electric automaker went public with a $ 17 share, and in 2012 the Model S officially went on sale. Later that year, Musk unveiled the company's third car, the Model X. Filled with gullwing doors, the Model X added an open SUV to Tesla's growing lineup.


In 2014, Musk announced one of Tesla's most controversial features: its driver-assisted capabilities known as Autopilot. Critics however have pointed out that the Autopilot logo makes the technology sound like it can operate a car without installing a driver. While Tesla requires drivers to keep their hands on the wheel even on Autopilot, this feature is linked to crashes. That includes at least 11 fatal accidents.


The Model X, meanwhile, hit the road in 2015, and in 2016 Musk unveiled Tesla's entry-level Model 3.


Delays in shipping and production of the Model 3, combined with billions of dollars Tesla burned every quarter, sent the company's stock to collapse.


At the time, Musk said, he reached out to Apple CEO Tim Cook in an attempt to sell Tesla to a tech giant. Musk says he could not reach Cook.


In August 2018, Musk dismissed his infamous tweet saying he would receive a sponsorship deal with Tesla for $ 420 per share, which was a huge payment at the time. The Securities and Exchange Commission, however, said Musk had no funding to take the move and accused the CEO of fraud.


Musk settled the claim in September 2018 and paid a $ 20 million fine, while Tesla paid a separate $ 20 million fine. Musk was also ordered to step down as Tesla chairman. He has had a strong relationship with the SEC ever since.


The brush and the SEC did not prevent Musk from deleting the dispute over his social media account, which required everyone from a diver trying to save members of a Thai children's soccer team trapped in a cave for members of Congress.


In 2019, Musk unveiled the Modot Y and Cybertruck prototypes. The Model Y began production in 2020, but Cybertruck is experiencing significant delays, and it is now expected to begin production in 2023.


With U.S. factories, China, and a new factory in Germany, Tesla is loudly leading as the largest EV manufacturer in the World. But with the growing industry of rivals like Rivian and Lucid, not to mention the crash-crazed EVs, Tesla will need to continue to innovate as he did in the past to ensure he holds that crown in the future.

Wednesday, March 16, 2022

Global stocks rise ahead of the Fed's expected rate rise, hopes of a Russia/Ukraine ceasefire bolster sentiment

  •  Stock markets rose on Wednesday ahead of the Federal Reserve's eagerly awaited meeting, as markets are expected to rise 25 bps.
  • A brief overview of the progress of the Russia-Ukraine talks has led to optimism that a ceasefire is possible.
  • Oil has risen, outpacing its recent losses due to concerns over an increase in Chinese Covid cases.


Global stocks were on the edge on Wednesday on the back of widely anticipated interest rate hikes

Federal Reserve Clear progress in diplomatic talks between Russia and Ukraine has also fueled sentiment.

The Fed is widely expected to raise interest rates by 25 basis points after a two-day meeting. This will be the first rate hike after 2018. Investors will consider the post-conference announcement to assess the Fed's potential outlook for inflation, rising energy and commodity prices and a possible economic slowdown in the face of a possible economic slowdown. . Would have been. A result.


Matt Simpson said, "This (fully anticipated) rate hike is not important, but whether there are any significant changes in the dot plot or economic forecasts, because this year's hike shows that the markets are right." Or not. "Senior Market Analyst at City Index.


More positive signals from peace talks between Russia and Ukraine contributed to the rise in stocks. Ukrainian President Volodymyr Zhelensky said talks with Russia with a meeting between the two neighbors on Wednesday looked more realistic.


"After a positive rise from Wall Street, another spring in sentiment today, the ongoing peace talks have given hope that the war will end," Simpson said.

Fears of a sharp rise in Fed rates and rising geopolitical tensions from the Russia-Ukraine conflict are major factors. Instability In the markets. Expectations of more clarity and positive news boosted markets.

US futures were up 1.15% on Wednesday, up 1.15% on the S&P 500, 0.93% on the Dow Jones and 1.80% on the Nasdaq futures.

European stocks also rose. The FTSE 100 was up 1.15% and the Stock 600 was up 2.18%. The French CAC 40 was up 2.68% and the German DAX was up 2.53%.

Brent crude was down 0.1% at $ 99.80 a barrel, while WTI crude was down 0.3% at $ 96.14. Oil prices rose to a 14-year high last week on fears of an irreversible gap in global supplies after Western nations imposed sanctions on Russia's energy exports.

So far, Russia has not followed suit in imposing sanctions, with the exception of the US and the UK, which account for only a small portion of oil and gas exports. However, this week the rise in Kovid-19 cases in major Chinese cities raised concerns about the impact on demand among the world’s largest commodity importer.

Gold, a traditional safe haven, fell 0.29% to $ 1924.25 an ounce during market volatility.


The US dollar index fell 0.37% to $ 98.73 before the Fed meeting.


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Courtesy Grizler.com

#grizler #stock #trade


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Oil Extends Volatile Run as Russia Hints at Progress in Talks

 Oil swayed between gains and losses after the Kremlin indicated progress in peace talks between Russia and Ukraine.

Futures in London fluctuated between $ 98 and $ 104 per barrel on Wednesday, recording more than $ 5 a day. Russia has said it wants Ukraine to become a neutral country but to retain its own armed forces.


The International Energy Agency has previously sent mixed signals to the market. Russia's output is expected to fall to a quarter next month, but this year's oil demand expectations have also fallen sharply as a result of higher prices. China is battling the new Covid wave and traffic congestion in Shanghai is low, a sign of the impact on the country's demand.


"Currently the volatility is great, the movements are very dramatic and it is becoming very difficult to find any position in the market," said Gary Ross, hedge fund manager who has become a veteran oil advisor at Black Gold Investors LLC. "We may have very tight markets in a month, which is very different from what it feels like today."


The war in Ukraine and the sanctions imposed on Russia have fueled brutal price volatility as oil has been one of its hardest trading periods, pushing volatility to historic lows. Despite ceasefire efforts, clashes continue. The spread of the deadliest coronavirus in China since the epidemic began is adding a new layer of uncertainty.


Brent crude hit $ 140 a barrel earlier this month, falling sharply below $ 100 this week. The liquidation limit is reflected in the open interest figures. Holdings in oil futures on major Brent and WTI contracts have fallen to their lowest levels since 2015.


The Kremlin's remarks came after Russia's chief negotiator Vladimir Medinsky reported "some progress" in the talks, but warned that some issues had not been resolved. Russian Foreign Minister Sergei Lavrov said there was a possibility of reaching an agreement with Ukraine, but that the talks would not be easy.


Since Wuhan two years ago, China has had relatively little success in mitigating disruption by quickly bringing virus cases under control. Now, the geographical spread of infections and Omicron's high transmission capacity are challenging its COVID Zero strategy. Meanwhile, the US Federal Reserve is expected to begin tightening monetary policy from Wednesday, adding to bearish sentiment.


Separately, the American Petroleum Institute reported last week that US crude reserves had risen by 3.75 million barrels, while Cushing's inventories had risen by 2.3 million barrels, according to statistics. The Energy Information Administration will report official figures on Wednesday.

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Courtesy Grizler.com

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Friday, March 11, 2022

Consumers Call for Boycotts of Companies Not Leaving Russia. List of 9 Staying Put.

 Editor’s note: This article was last updated on March 10. Previous versions of this list included McDonald’s (NYSE:MCD), Starbucks (NASDAQ:SBUX), ZaraPepsiCo (NASDAQ:PEP), Coca-Cola (NYSE:KO), Papa John’s (NASDAQ:PZZA), UniqloCaterpillar (NYSE:CAT) and Yum! Brands (NYSE:YUM), which all have since announced that they were pausing operations in Russia. 

Many companies are already out of Russia because of the war. Add to the dive calls, and it seems like a simple PR movement. However, some still hold fast to doing business in Russia.







Companies Not Leaving Russia

General Mills (NYSE: GIS) seems to keep its operation in Russia.

Restaurant Brands International's (NYSE: QSR) Burger King is a fast food product still operating in Russia, but Restaurant Brands has suspended business support for restaurants with franchises.

Mondelez International (NASDAQ: MDLZ) has not stopped working in Russia, although it has said it is holding back its presence.

Hilton (NYSE: HLT) has not yet closed its facilities in Russia, although it has slowed down business development and investment.

Other hotel chains including Marriott (NASDAQ: MAR) also continue to operate in areas of Russia. Marriiot uses these hotels by someone else.

Hyatt (NYSE: H) is another hotel chain that continues to operate in Russia, although it has stopped new developments and investments.

Whirlpool (NYSE: WHR) still exists in Russia, although it says it will limit its production to "essential goods."

Cloudflare (NYSE: NET) has also announced that it will not stop operating in Russia.

Another company that joins Cloudflare in maintaining operations is Akamai (NASDAQ: AKAM).

With so many companies leaving Russia as the days go by it may not be long before these receive consumer strikes.


Investors who want more stock market news are in the right place!


All the latest stock market news for Tuesday is available here! That includes what happens to Mullen Automotive shares (NASDAQ: MULN), as well as gas and oil price forecasts. You can find all that in the following links!


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7 Cheap Stocks to Buy If You Only Have $100 to Spend

 In times like these, it is important for store investors to get the maximum amount of their money. So in this article, I will be directing investors to a few cheap stocks that trade for under $ 10. These are good options for investors who may not have much money to put on the market.

The attraction of cheap stocks is easy to understand. Stocks trading for less than $ 10 can give you the ability to make huge profits. Also, stocks of less than $ 10 offer investors a few good options for building a diverse portfolio.


Yes, most stocks trade for less than $ 10 because the company may have a more serious problem suppressing its growth. So if you are going to buy cheap stocks make sure you do your best.


However, the fact is that you can find many good stocks that you can buy for under $ 10. And here are seven cheap stocks to buy even if you have $ 100 to spend.

  • fuboTV (NYSE:FUBO)
  • Just Eat Takeway.com (NYSE:GRUB)
  • Coty (NYSE:COTY)
  • Hims and Hers Health (NYSE:HIMS)
  • AppHarvest (NASDAQ:APPH)
  • SoFi Technologies (NASDAQ:SOFI)
  • PureCycle Technologies (NASDAQ:PCT)




Fubo Tv (FUBO)


The first in my cheap stock that I can buy is fuboTV, which competes in two categories: sports broadcasting and betting. I do not believe the company will be a prominent player in any field. But FUBO stock looks like a solid total of its shares. And that doesn't seem to matter if you look at the stock price of fuboTV


As a streaming stock, fuboTV has targeted a live sports niche. It is certainly not the only broadcasting service that offers live games, but it is the audience for which fuboTV is directed. And because the company will have its own sports book, that makes sense. Once you have customers who broadcast their programs, it is not a guess to believe they will use the sports betting app.



Just Eat Takeaway.com (GRUB)

Investors may be more familiar with Grubhub, which is a subsidiary of Just Eat Takeaway.com. Incidents such as the Covid-19 epidemic have unpleasant consequences that can last for years. And they often change their behavior.


Right now that seems to be happening with the way Americans choose food in restaurants. At the end of 2019, one study found that 62% of Americans expressed a preference for food in a place of transportation or delivery. However, in early 2021, 53% of adults said that buying food or delivering food “is important for their lifestyle.”

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Coty (COTY)


inflation and the possibility of a recession are the reasons why investors look to protect stocks. Coty is a beauty products company that has been an unequal rescue game. The company develops, manufactures, markets and distributes more than 77 products.



COTY stock has declined by 3% in the last 12 months, but is trading at the end of its 52-week range. The stock also reflects a steady interest from institutional investors over the past 12 months and more than 2 to 1 sellers. The company has in-depth plans to increase revenue faster than the overall beauty market. The company produces 20% to 25% CAGRs in its 2025 financial year.

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Cheap Shares: The Life of Hims and Hers (HIMS)

Hims and Hers Health is a growing company in the health sector. The company connects its customers with licensed health professionals which is a service that continues to grow as the epidemic subsides. The company also has its own line of health and wellness products.



HIMS is in the early stages of growth. As evidence of this there are two interactions. One has Goodpath, which will give the company access to a wide range of educational content and programs. The other is GNC Holdings (NYSE: GNC) which will allow the company to offer its products in GNC specialty stores and on the company's website.

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AppHarvest (APPH)

I will admit that my AppHarvest base is not free. The agricultural technology company used to develop and operate indoor farms that grow non-GMO products without pesticide residues.



My uncomfortable view is that our difficulty of supply chain can grow significantly. Sanctions against Russia are likely to provoke a response that could affect the input side of the supply chain. This means that it can be difficult, and expensive, for farmers to get the chemicals and fertilizers they need. This could work for a company like AppHarvest.

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SoFi Technologies (SOFI)

SoFi is one of the leading stocks in the fintech industry. However, investors have always been frustrated with technology stocks in general and the fintech sector in particular. The company had a double ladder in its March 1 earnings report, but bits were not important enough to change investor sentiment.



That being said, SOFI stock trades at the lower end of its 52-week range and shows signs of, at least from a technical point of view, of over-selling. And if you dig into the benefits report, you can see why that might be the case. The company has reported a 54% annual profit on adjusted revenue and continues to bring in new customers.

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Cheap Shares: PureCycle Technologies (PCT)

If you are looking for high-risk, high-yield stocks, you may want to consider PureCycle Technologies. PCT stock is trading at about $ 9.61 as of this writing. But analysts have a consortium price of $ 30.83 for PCT stock. That is an eye benefit of more than 200%.


PureCycle is a round economic game. The company deals with the fact that consumers prioritize sustainability where they shop and what they buy. They are very sensitive to "greenwashing" and now they want more from companies. To that end, PureCycle has a number of plans to pursue a “permanent” plastic.


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Thursday, March 10, 2022

Google says Shopify sites are in a good crawling state after reports of stalled crawling


Last Month there were a few updates where Google stopped crawling and Googlebot "blurred" its crawling interest in many, if not now, of all Shopify websites. Google's John Mueller responded to reviews this morning that yes, this is what was expected of the Google Search Console yet those websites are "in good shape" and "crawling will speed up again." He said the difficulty was associated with "a temporary decrease in the way we calculate how big we can go slowly," meaning that there were no problems with Shopify websites.


What is weight? Here are some updates showing that the Google Search Console action is slowly documenting confirming Googlebot interest flatline in the remaining weeks:


In fact, if you happen to click on it in that series, you can see great reviews of this. Both John Mueller of Google and Kevin Indig of Shopify said they would investigate.


What is weight? The issue has been dismissed as a Google omission and is no longer a problem with Shopify. Google's John Mueller said this morning "we were looking at the targeted websites and all of them are a temporary decrease in the way we calculate how fast we can go. This happens once in a while and happens after a few days usually. It's fast, and now there's nothing you want to do. It's very difficult to get out of eleven. "


Problem solved. We see updates from Shopify publishers that the difficulty has been resolved. @JessicaMal_ said on Twitter this morning "one of the 3 websites we have found to be influential although it has now recovered within a bit of movement." So it seems that things are starting to get better in the crawl of Google Shopify websites.


Why we care. If you see a decrease in the clarity of your Shopify site, you are not alone. No one wants to worry, Google seems to be solving the ongoing problem, and you should see crawling back every day for the next few days.


It is difficult to say if this has had a negative impact on those websites over the past few days however you may need to upload an annotation to your chart that records crawling problem from 26 January 2022, and stay until this morning, February. 7, 2022.


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