Investing

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Investor Steve Eisman describes Tesla shareholders as a cult

Steve Eisman, the investor portrayed in The Big Short, has labeled Tesla and its shareholders a cult due to the stock's detachment from fundamentals. Speaking on the Lemondae Stand podcast, he highlighted Tesla's declining earnings amid a rising stock price. Eisman avoids investing in Tesla despite owning other major tech stocks.

BitMine Immersion boosts ether holdings with $800 million purchase

Chris Blake

BitMine Immersion Technologies, led by Thomas Lee, acquired over 200,000 ether tokens worth about $800 million last week amid a cryptocurrency market correction. The purchase brings the company's total assets to $13.4 billion, with ether comprising the majority. This move continues BitMine's strategy to accumulate up to 5% of the total ether supply.

Pinnacle Wealth Management increases Tesla stake in second quarter

Nicole Parks

Pinnacle Wealth Management LLC boosted its holdings in Tesla Inc. by 18.2% during the second quarter, according to its latest 13F filing with the SEC. The firm now owns 7,914 shares valued at $2.514 million. Meanwhile, Signature Estate & Investment Advisors LLC reduced its position by 4.5%, holding 13,839 shares worth $4.396 million.

FINRA survey highlights crypto investors' fraud vulnerability

New findings from the FINRA Investor Education Foundation reveal that crypto and meme stock investors are more likely to fall for fraudulent investment offers. Younger and less experienced investors show heightened susceptibility. The report coincides with the rapid growth of tokenized stocks, raising concerns about regulatory protections.

Hypothetical $5,000 Tesla investment over five years

A Motley Fool analysis examines what a $5,000 investment in Tesla stock five years ago would be worth today. The electric vehicle maker's shares have experienced significant growth amid volatility.

Retail investors discuss Tesla, Palantir and other stocks this week

Retail investors on X and Reddit's r/WallStreetBets focused on five stocks from October 13 to 17, amid government shutdown concerns, banking earnings and AI enthusiasm. The stocks—Tesla, Rigetti Computing, Palantir Technologies, Oklo and JPMorgan Chase—spanned automotive, quantum computing, AI, nuclear energy and banking sectors. Discussions blended corporate news, future outlooks and meme-driven narratives during choppy market action.

Tesla launches affordable Model Y and Model 3 trims

Iniulat ng AI

Tesla has introduced new Standard trims for its Model Y SUV and Model 3 sedan, both priced under $40,000, amid a recent stock dip and expired EV tax credits. The move aims to expand its customer base as the company faces shrinking sales and competition. Investor opinions on the stock remain mixed.

Galvin Gaustad & Stein LLC increases Tesla holdings by 106 percent

Galvin Gaustad & Stein LLC boosted its investment in Tesla, Inc. by 106.0 percent during the second quarter, acquiring additional shares worth over half a million dollars. The move, detailed in a recent SEC Form 13F filing, reflects ongoing institutional interest in the electric vehicle maker amid mixed market signals. This adjustment brings the firm's total Tesla shares to 1,710, valued at $543,000 at quarter's end.

Tesla and Amazon advance in AI-driven automation

Nicole Parks

Tesla and Amazon are leading efforts to integrate artificial intelligence with robotics for greater automation. Tesla focuses on autonomous vehicles and humanoid robots, while Amazon deploys robots in its warehouses. Analysts compare the two companies' progress and investment potential.

Baskin Financial Services acquires Tesla shares in second quarter

Baskin Financial Services Inc. has purchased a new stake in Tesla, Inc., acquiring 810 shares valued at about $257,000 during the second quarter. This move is detailed in the firm's latest Form 13F filing with the Securities and Exchange Commission. The investment reflects ongoing interest from institutional investors in the electric vehicle maker.

 

 

 

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