Business > Tech
'Dunno where this bs came from': Elon Musk slams claims that Tesla Model 3 cancellations are outpacing deposits
24 days ago | By Business Insider
Elon Musk took to Twitter on Thursday night to defend Tesla after a New York investment bank downgraded the electric car company's shares that morning.
The firm suggested Tesla Model 3 cancellations are outpacing orders.
Musk responded with a tweet calling the suggestion 'bs' and then gave specific order numbers.
Tesla , CEO Elon Musk took to Twitter on Thursday night to dispute rumors that Model 3 cancellations are outpacing orders. The move came after Needham & Co., a New York-based investment bank, downgraded Tesla shares from hold to sell.
Needham's report , which included several...
Read more ...
Elon Musk Responds Hours After Analyst Report Citing Model 3 Cancellations Hits Tesla Stock
25 days ago | By Fortune
Tesla CEO Elon Musk has tried to correct the record after an analyst report surfaced on Thursday saying his Model 3 is in trouble.
In a tweet late on Thursday, Musk called an analyst report that said Model 3 cancellations are double today where they were last year at the same time and higher than orders “bs.” Musk added that last week, Tesla had 5,000 Model 3 “new net orders.” Net orders refers to total orders, less cancellations.
Musk's comment came after Needham & Co. analyst Rajvindra Gill told investors that refunds for the Model 3 “are outpacing deposits as cancellations accelerate.”...
Read more ...
Search by Tags
Tech Analyst reports Elon Musk Model 3 Tesla Tesla model 3 Tesla shares Tesla stock priceBud Light is installing 'Victory Fridges' in Cleveland bars that will give...
Bud Light unveiled a new campaign that aims to reward Cleveland Browns fans with free beer. The brand is installing "Victory Fridges" in Cleveland bars filled with Bud Light... Read more ...
Turkey's president urges citizens to buy local Vestel Venus smartphones over...
With Turkey's currency collapsing and the country facing a trade war with the U.S., Turkish President Recep Erdogan today responded by announcing a boycott of all U.S... Read more ...
The Girl Scouts Are Adding Another New, Gluten-Free Flavor to the Massively...
In these busy days of constantly heavy-hitting news , the Girl Scouts are here to save the day with a morsel of good news-at least for cookie lovers. The nonprofit organization... Read more ...
Saudi investment fund casts doubt on some of Elon Musk's claims about taking...
Tesla CEO Elon Musk has teased the idea of taking the electric-car company private and said he had " funding secured " for the ambitious move. On Monday, Musk said in a... Read more ...
Trump didn't mention John McCain at all while signing the defense bill named...
President Donald Trump signed the 2019 National Defense Authorization Act on Monday. The bill authorizes $717 billion in defense spending and is named after Arizona Sen. John... Read more ...
Omarosa taping Trump's situation room may be one of the worst White House...
Former aide to President Donald Trump, Omarosa Manigault, released a tape of Chief of Staff John Kelly firing her in the situation room. The situation room is an ultra-secured... Read more ...
'She made it up': Trump and his aides go nuclear after Omarosa claims to...
Omarosa Manigault-Newman claimed she heard Donald Trump saying the N-word "multiple times" in a three-minute recording. She added that the remarks were made in reference to... Read more ...
Elon Musk reveals he is working with Goldman Sachs and Silver Lake to help...
Elon Musk said via Twitter Monday evening that he was working on a proposal with Goldman Sachs and Silver Lake as financial advisors to take Tesla private. In a statement on... Read more ...
Elon Musk Says Saudi Investment Fund Could Help Him Take Tesla Private
The Tesla CEO, reportedly under scrutiny by federal regulators for earlier statements, says the Saudi fund is looking to diversify away from oil with a bigger investment in the... Read more ...
'Are these real patriots?': Trump teases most deployed division in the Army...
President Donald Trump on Monday delivered a speech at Fort Drum in New York in which he teased soldiers over a pay increase they'll receive via a $716 billion defense spending... Read more ...