The bad news seems to keep on coming for Tesla Inc., and one expert says this is the year the electric-car company “comes undone” — and maybe gets bought by Apple Inc.
“This is the year Tesla comes undone,” Galloway told Yahoo Finance’s “On the Move,” citing its “overvalued” stock and executive turmoil, including the Twitter travails of Chief Executive Elon Musk. Galloway said if that happens, look for the Tesla brand to fade away eventually. “At the end of the day, there’s one core brand here, which means they’d be overpaying. So, over time, they’d probably turn it into the Apple car.”
Apple has reportedly had self-driving-car aspirations for years, though those plans have changed their focus dramatically. It laid off nearly 200 workers from its autonomous-car unit earlier this year, according to Reuters.
IMO Tesla & Apple make a very smart business combo, VTOL droned Teslas running on Mac Air grid streaming good stuff & for the 2 billion Humans still without broadband or transportation w/ Solar Energy Smart Photons, does not get much better .
AAPL doesn’t entertain acquiring companies w/ unlimited liability but $Tsla under $50 will be likely in 2020
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Apple bid to buy Tesla in 2013 for $240 a share, analyst saysIn 2013, Apple put in a bid to buy Tesla for $240 a share, Roth Capital Partners Analyst Craig Irwin says. 'Apple bid for Tesla. I don’t know if it got to a formal paperwork stage, but I know from multiple different sources that this was very credible.” Soon they will be able to pick it up for $10 by the look of it. It may not be where it is now if Apple took control ... That's just BS, market manipulation ... they are trying to pump up the share price ... Rumors from an analyst working for an investment bank with conflicts of interest ... you can guess by yourselves ...
Source: CNBC - 🏆 12. / 72 Read more »
‘Dark clouds over Fremont’: Tesla enters survival mode as stock price dropsElon Musk’s growth story is looking more like a fable as Tesla Inc. enters survival mode. Potential sales to China could be cut by half due to trade war. The overall auto market in China already is seeing a sales decline for the first time in a generation. The auto market in the U.S. is softening as well. winning Dude sells flame throwers to sycophants and boring holes to dumber cities. Check his house tho... Tesla will not be around much longer
Source: latimes - 🏆 11. / 82 Read more »
Stocks making the biggest moves midday: Tesla, Lowe's, Nordstrom, Target & moreThese are the stocks posting the largest moves midday.
Source: CNBC - 🏆 12. / 72 Read more »
Morgan Stanley piles pressure on Tesla with $10 worst case callShares of Tesla Inc were on track for a fifth straight session of losses on Tues... Ford is buying controlling interest in Tesla?
Source: Reuters - 🏆 2. / 97 Read more »
Wall Street Is Losing Faith in TeslaAs Tesla’s shares drop, once-bullish analysts and investors are souring on Elon Musk’s company, potentially cutting it off from the capital it needs to survive. Tesla is struggling because of news articles like this. Consumers have nothing to associate Tesla with but Fires, crashes and falling stock prices. Are you guys working for the short sellers or big oil?
Source: WSJ - 🏆 98. / 63 Read more »
Auto analysts worry Tesla fires could dampen electric car sales as industry ramps up EV productionReports of Tesla vehicles spontaneously catching fire could make customers wary of EVs just as the industry ramps up production plans. バッテリーファイア！！ Slow news day Huhh
Source: CNBC - 🏆 12. / 72 Read more »
Tesla Autopilot Repeats Fatal Crash; Do They Learn From Past Mistakes?The report on a new Tesla Autopilot falality reveals the system repeated an error from the past, not detecting the broadside of a transport truck. This begs the question of how well Tesla learns from past mistakes even with their large resources. FUD Rhetorical Forbes: 'Will Tesla learn from past mistakes? Well... will they? Will they?! C'mon we're just asking questions here.' I hate stupid headlines like this.
Source: Forbes - 🏆 394. / 53 Read more »
On Nevada's Electric Highway in a Tesla, a Wild West ethos versus a techie futureIn many respects, this is a 440-mile road trip into the future. Yet it’s also an escape into the past, through ghost towns and past ancient stores and buckaroo saloons, even crumbling bordellos. erskinetimes reports: erskinetimes How much do you pay for the charge? erskinetimes Hour long pit stop? Yikes. $TSLA erskinetimes High quality work!
Source: latimes - 🏆 11. / 82 Read more »
Why Tesla is Not a Car Company and What You Can Learn From Elon MuskWhen I was in business school, I learned that most companies were often not in the “business” they appeared to be. It is indeed comfortable to categorize a company’s business by its industry: transportation, financial services, manufacturing...etc. Sina_Vasighi _brohammad 🤔🤔🤔 Spot on!👍
Source: Forbes - 🏆 394. / 53 Read more »