Tesla Motors Inc. is one of the most intriguing public companies globally, it is viewed by many as a high-risk, high-reward company and has been one of the main beneficiaries of the shift to electric vehicles (EV).
TIM THOMAS
#1
Tesla’s reported Q3 earnings and revenues surpassed analysts’ expectations. The EV frontrunner reported a record $1.62 billion in net income on $13.63 billion revenues. After the market closes on January 26, 2022, Tesla will release its financial results for the fourth quarter and full-year ended 31 December 2021.
Tesla used to have little competition because the EV sector it pioneered had few traditional automakers. That is no longer the case, as electric vehicles from General Motors, Ford, Volkswagen, and Toyota are gaining traction.
#2
Musk has been criticized for exaggerating Tesla’s autonomous capabilities while also beta testing semi-autonomous technologies on his customers, with sometimes disastrous results. Teslas have been involved in a handful of collisions involving the company’s Autopilot Technology, some of which have been fatal.
#3
Tesla’s CEO, Elon Musk, has an affinity for bitcoin and started investing part of the company’s money into cryptocurrencies. Based on the rise in bitcoin in the first quarter, Tesla’s $1.5 billion investment was valued at $2.48 billion by the end of March 2021. However, given bitcoin’s volatility, this comes with its own set of risks.
#4
Tesla’s CEO, Elon Musk, has an affinity for bitcoin and started investing part of the company’s money into cryptocurrencies. Based on the rise in bitcoin in the first quarter, Tesla’s $1.5 billion investment was valued at $2.48 billion by the end of March 2021. However, given bitcoin’s volatility, this comes with its own set of risks.
#5