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Elon spent just four days at the top before being pushed off
chitralnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chitralnews.com Daily Mail and Mail on Sunday newspapers.
New ET7 Electric Sedan Brings NIO Closer To Fully Autonomous Driving Capability
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Chitral News Shandur confusion: Map will be corrected says minister NBP Chitral gets ATM facility installed at last Kalash summer festival ‘Uchal’ to be held from 22 August
Musk overtakes Bezoz in the ‘Rich Man’ race
‘How strange… well back to work’: Elon Musk’s deadpan reaction to overtaking Bezos and becoming richest man in world as 6% surge in Tesla shares pushes his fortune to $188.5bn
Elon Musk’s net worth has soared to $188.5billion after a surge in Tesla shares
Stock prices for the car maker were up 6 per cent as of Thursday morning
The billionaire dethroned Amazon CEO Jeff Bezos who trails Musk by $1.5billion
Tesla call was completely wrong, RBC says after 1,200% rally
Joe Easton, Bloomberg News VIDEO SIGN OUT
Long-term bear RBC Capital Markets upgraded its recommendation on Tesla Inc., admitting it had misjudged the electric-vehicle maker.
âThere is no graceful way to put this other than to say we got TSLAâs stock completely wrong,â analyst Joseph Spak wrote in a report lifting Tesla to sector perform. The broker had maintained a sell-equivalent underperform rating since January 2019, according to data compiled by Bloomberg. During that time, the shares have surged by about 1,200 per cent.
Reevaluating his view âin the spirit of New Yearâs resolutions,â Spak said his biggest miss was underestimating Palo Alto, California-based Teslaâs ability to take advantage of its stock price to raise capital and fund growth or acquisitions. He also increased his 2025 delivery estimate to 1.7 million autos from 1.3 million, based on capacity and market
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