Elon Musk

The Recycling Myth Debunked

August 8, 2019

By: Chief This blog and commentary is the result of current events over the last year exposing CalRecycle as a farce and nothing more than a government mandated “feel good” program. This mostly came to a head with the shut down and bankruptcy of RePlanet, a large recycling conglomerate, on Tuesday of this week. Citing […]

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Tesla Admits Financial Bleeding

August 4, 2019

The bad news from Tesla keeps piling up. Yesterday I saw this about their response to declining sales on their Model S & X cars. Free charging for life. In a turn of events, Tesla has now announced that all new customers of the Model S and Model X can access free unlimited charging at […]

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Tesla Class Action Suit: Hey Elon, Welcome to the Big Leagues

July 30, 2019

Previously, Elon Musk claimed that the value of his cars would appreciate over time—something heretofore impossible in the history of automobile manufacturing. Tesla does retain its value better than many other cars with 69 percent resale value after three years but there appears to be a catch, Tesla won’t honor their warrant on the car’s […]

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Tesla Should Fire Elon Musk

July 27, 2019

Corporate America—especially now that we’re in the 90-day life cycle—has a habit of being ruthless in the pursuit of profit and struggle for survival. When they miss their numbers, there’s hell to pay—usually for those at the lowest pay levels and occasionally in middle management or higher. This week, Tesla missed their numbers badly even […]

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Tesla 2019 Q2 Tomorrow

July 23, 2019

Elon Musk’s second quarter report card is due tomorrow (07/24/2019). As such, he dropped a few more nuggets for the faithful about what he might be able to do in the future, probably because the present is such a miserable place to be right now. Future performance not indicated by past results Elon is touting […]

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Tesla Games: It Must be Earnings Report Time

July 16, 2019

Elon Musk is in the news again with another distraction so it must be about time to report Tesla’s second quarter earning’s reports. First, the distraction. Neuralink, the secretive company bankrolled by Elon Musk to develop brain-computer interfaces, will provide its first public update later today in an event streamed over the internet. “We’re having […]

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Tesla Rejected: Must Pay China’s 25% Tariff

June 14, 2019

Tesla stock has been slightly up these past two weeks but not because of earning reports or Elon Musk ginning up support on Twitter. Instead Tesla has benefitted from the algorithms that fund managers use to insure they have a sufficiently diversified portfolio. Generally, if the Dow is up, Tesla has been up and vice […]

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Why Tesla Still Lives

June 4, 2019

When I saw that Tesla stock was up today (which is a rare occurrence), I thought Elon was back on Twitter but alas, I found a different reason. Tesla is getting free money. As mentioned in a previous installment, Tesla is being subsidized by European automakers so they can make their emission goals thanks to […]

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Morgan Stanley Says Tesla Stock May Drop to $10 a Share

May 22, 2019

Wow, I thought I was tough on Tesla but others are really piling on. The consensus is that their stock is heading down to about $100 per share. However, Morgan Stanley is even more dire. Morgan Stanley cut its bear (worst-case) forecast on Tesla’s stock from $97 to just $10 on Tuesday, citing concerns about […]

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Would You Bet $10K on Elon Musk?

May 19, 2019

Tesla backers out there, would you bet $10,000 that Elon Musk is right? We here at Really Right invite you to pony-up or quit telling me I’m wrong about this modern-day P.T. Barnum. Oh, before I get to the details of the wager, Tesla stock closed Friday at $211.03. The stock was at $370.13 in […]

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