This Week in Tesla: Elon Musk Dismisses China ‘Fake News,’ Concerns Over Tesla Valuation and More – Tesla
Elon Musk Dismisses Rumors of Tesla’s Chinese Business Sale
Gary Black’s Fair Valuation of Tesla
Investor Gary Black reaffirmed his view that Tesla shares were overpriced. He pegged a fair price for the share at $312, criticizing bullish supporters who refuse to compare valuation versus price, stating that such investors are doomed to overpay for companies like Tesla. Read the full article here.
US Ban on Humanoid Robots Strains Relations with China
China’s BYD to Debut Its First Humanoid Robot
Musk’s Net Worth Drops by More Than $600 Billion
Musk’s net worth has seen a significant drop, plunging from a peak of $1.32 trillion in June to close to $720 billion as both SpaceX and Tesla stocks recorded sharp declines in value. SpaceX is set to hold its first earnings call since going public in August. Read the full article here.
Ross Gerber Questions Tesla’s Optimus Bet
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