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Big Supporters Of Tesla Stock Have Become "Teslanaires"

Big Supporters Of Tesla Stock Have Become "Teslanaires"
cleantechnica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cleantechnica.com Daily Mail and Mail on Sunday newspapers.

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Despite Volatility, Loyal Tesla Stockholders Are Becoming Millionaires

Despite Volatility, Loyal Tesla Stockholders Are Becoming Millionaires
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While some Teslanaires are experienced investors, others are just average people making way more money than expected.
This article comes to us courtesy of EVANNEX, which makes and sells aftermarket Tesla accessories. The opinions expressed therein are not necessarily our own at InsideEVs, nor have we been paid by EVANNEX to publish these articles. We find the company s perspective as an aftermarket supplier of Tesla accessories interesting and are happy to share its content free of charge. Enjoy!
Posted on EVANNEX on December 29, 2020 by Matt Pressman
Investing in Tesla has always been a rollercoaster ride. This year, however, Tesla s stock has surged higher and higher all while settling into the prestigious S&P 500. It s been quite rewarding for retail investors minting some surprised (and happy) millionaires in the process. ....

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Investors Double Down on Stocks, Pushing Margin Debt to Record

Provided by
Dow Jones
By Michael Wursthorn
Bruce Burnworth used to clip coupons and look for deals before his investment in Tesla Inc. made him a millionaire.
He is part of a widening class of affluent Americans who are doubling, or even tripling, down on this year s highflying stock market. The S&P 500 has soared 66% since bottoming in March in the early days of the Covid-19 pandemic, while dozens of individual stocks, like Tesla, have surged even higher.
Some investors have been tempted to chase bigger gains and have exposed themselves to potentially devastating losses through riskier plays, such as concentrated positions, trading options and leveraged exchange-traded funds. Others are borrowing against their investment portfolios, pushing margin balances to the first record in more than two years, to buy even more stock. ....

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Fremont Sends 17 Sample Mode Ys to Giga Berlin with New 4680 Batteries

According to Musk, Tesla has also been producing 4680 cells on a test facility next to the Fremont plant for months. The volume is said to be very small so far, but it should be enough for some samples for Germany without any problems.
If the information from the Twitter observer is correct, Musk should mean business with his announcement that the German Model Y will be produced from the start with a cast rear and front frame and the 4680 battery sandwiched in between. This represents a significant production risk, Musk said in early October. On the other hand, it was reported at the beginning of December that cells for the Tesla electric car from Germany would initially be supplied by LG Chem. Therefore, Tesla s own production shouldn t be ready anytime soon. ....

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Elon Musk Confirms Model Y Rumors: Tesla Giga Berlin Will be First to Manufacture New Structural Architecture and 4680 Batteries!

15 December 2020, 8:03 pm EST By
Tesla is looking at a busy 2021 as Elon Musk confirmed rumors of the Model Y s new structural architecture and 4680 Tabless battery cells that would soon be sent to Gigafactory Berlin for future manufacturing. The company s Gigafactory Berlin would become the new haven for Model Y manufacturing, featuring new technology to be used for vehicle production.
The electric vehicle manufacturer and clean energy company, Tesla, would have a busy New Year s start this January as it would prepare for the finalization of the Model Y prototypes to soon be sent to Germany. Gigafactory Berlin s production is also getting busy as it is expected to take over Model Y manufacturing for the European market. ....

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