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Go CyDy.....So today are we looking to close the gap between 5- $5.25?
GO CYDY
"PEACE"
Then onward and upward....
SAIC Wins U.S. Navy Contract for Torpedo Fuel Tanks
Company will produce, test and deliver fuel tanks for the MK48 heavyweight torpedo
The U.S. Navy awarded Science Applications International Corp. (NYSE: SAIC) a prime contract worth approximately $120 million to provide mission engineering and integration support to produce, test and deliver MK48 heavyweight torpedo fuel tanks for the Naval Undersea Warfare Center Division Keyport. The firm-fixed-price contract was awarded and began in October 2020 and has an 18-month base period of performance with four option years.
In support of the Naval Undersea Warfare Center (NUWC) Keyport, Washington, SAIC will provide all necessary facilities, resources, and management necessary to meet the production, test, and delivery requirements of both MK48 heavyweight all-up-round exercise and war shot fuel tank configurations for Navy and foreign military sales customers.
"SAIC is proud to expand our work on the MK48 heavyweight torpedo system for the U.S. Navy," said Bob Genter, SAIC president, Defense & Civilian Sector. "We are confident that our proven performance on the MK48 afterbody/tailcone program will be mirrored in the fuel tank program."
NUWC Keyport provides technical leadership, engineering expertise, and unique facility complexes that serve to ensure sustainment of undersea warfare (USW) superiority for the United States. As one of two divisions of the Naval Undersea Warfare Center, Keyport’s mission is focused on developing and applying advanced technical capabilities to test, evaluate, field, and maintain undersea warfare systems and related defense assets. These advanced technical capabilities directly support the full spectrum of Navy undersea programs.
"We pride ourselves on providing reliable, innovative solutions to support NUWC Keyport, and we look forward to expanding our work on the MK48 heavyweight torpedo over the next five years," added Josh Jackson, SAIC senior vice president for the Naval Business Unit, Defense & Civilian Sector. "Our team is excited to get to work in providing the reliable exercise and war-shot torpedoes the Navy requires."
https://finance.yahoo.com/news/saic-wins-u-navy-contract-211500881.html
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"PEACE"
Go CyDy...Seems a lot of the bullshit has been light today.
Let's see if there is a continued rise of share price into the close.
GO CYDY
"PEACE"
Go CyDy......Yes a very good read, if you believe in the science and/or long the stock.
NOTE:
Disclosure: Insider Financial and its owners do not have a position in the stocks posted and have posted this article for free without editorial input. This article was written by a guest contributor and solely reflects his opinions.
https://insiderfinancial.com/leronlimab-trial-results-all-but-certain-pointing-to-approval-for-cytodyn/181078/
GO CYDY
"PEACE"
The RSI has cooled off considerably,as the ball bounces.
GO SAIC
"PEACE"
Go CyDy.....The data that had be reviled by some has now been unblinded?.
Which way will she disco? As we await more to be revealed.
GO CYDY
"PEACE"
Up, up and away, at some point.
GO CYDY.........Still holding waiting for data revile.
Almost a third of people with 'mild' Covid-19 still battle symptoms months later, study finds
https://www.msn.com/en-us/health/medical/almost-a-third-of-people-with-mild-covid-19-still-battle-symptoms-months-later-study-finds/ar-BB1dQ3NJ?ocid=U507DHP&li=BBnb7Kz
LEAN AND GREEN
GO CYDY!!!!!!!!!!!!!
GO SAIC
"PEACE"
This recent decline, is to proceed a nice uptrend....
GO SAIC
"PEACE"
The RSI is setting at a very sweet spot.....
GO SAIC
"PEACE"
SAIC Names John Bonsell as New Senior Vice President of Government Affairs
Bonsell assumes lead government affairs position, succeeding Tom Eldridge
Science Applications International Corp. (NYSE: SAIC) announced today that John Bonsell will rejoin the company as the new senior vice president of Government Affairs, effective immediately. Bonsell will lead SAIC Government Affairs supporting SAIC's strategic objectives through engagement with federal executive branch officials, members of Congress and their staffs, and state and local officials.
"We are incredibly excited for John to rejoin SAIC. He brings extensive industry knowledge and government experience as well as his in-depth working knowledge of the Department of Defense. John will continue to push SAIC further in meeting our customers’ needs as they navigate their digital transformation journeys," said SAIC CEO Nazzic Keene.
Bonsell worked at SAIC for eight years, first as a consultant from 2007 to 2012 and later as a vice president within Government Affairs from 2015 to 2018. Prior to returning to SAIC, he was the Majority Staff director for the Senate Armed Services Committee where he managed the confirmation oversight responsibilities of the committee, and was primarily focused on the Department of Defense and other related security functions of the government.
Earlier in his career, Bonsell served as the ranking staff director for the Senate Armed Services Committee and was the legislative director and deputy chief of staff for Sen. James Inhofe. During his military service with the Army, he served as chief of concepts and doctrine for the Army. He earned a bachelor’s degree in political science and government from Penn State University.
Bonsell succeeds SAIC Senior Vice President Tom Eldridge, who will retire this spring. "Tom will remain with SAIC through April to ensure a successful transition. I want to thank him for more than 11 years with SAIC and for all of his contributions to our success," Keene said.
https://finance.yahoo.com/news/saic-names-john-bonsell-senior-133300517.html
Well alright, let the transformation continue and the good-times keep rolling.
GO SAIC
"PEACE"
Now that Starlink is available to order in more than six countries, here's all you need to know about Elon Musk's satellite internet service
Elon Musk is inching ever closer to fulfiling his dream of creating super-fast internet around the world, which beams down from satellites in orbit to Earth.
In the past two weeks, SpaceX's Starlink internet has reached more than 10,000 users worldwide and started offering $99 preorders of the service to more countries and cities on a global scale.
Starlink's public beta test, known as "Better Than Nothing Beta," launched in October and has been a big hit with those living in remote areas of northern US, where it was first rolled out.
What's the hype about Starlink?
SpaceX is building an expansive satellite internet network in space called Starlink.
The aerospace company launched its first batch of Starlink satellites into orbit in May 2019. Now, it has over 1,000 working satellites prepped for the service. The goal is to have up to 42,000 satellites in orbit by mid-2027.
The goal is to create a high-speed broadband system generated by satellites which envelope Earth and provide internet to people especially in rural areas without connection.
spacex falcon 9 rocket launch starlink internet satellites 13th mission cape canaveral florida beach family GettyImages 1228923231 edit
Spectators watch from Canaveral National Seashore as a SpaceX Falcon 9 rocket carrying 60 Starlink satellites launches. Paul Hennessy/NurPhoto via Getty Images
Starlink isn't cheap
A subscription to the beta is currently $99 a month. It costs a further $499 for the Starlink kit, which includes a mounting tripod, a WiFi router, and a terminal to connect to the satellites.
On Monday, the company began offering preorders of Starlink to other countries so users can now put down a $100 deposit to get their hands on the service once it becomes available. The deposit will be applied to the amount due on the Starlink kit.
Overall users will be paying $600 upfront for Starlink.
Users the UK are paying £439 for the kit and £89 for the subscription fee. Compared to other internet providers that charge £79 per month for speeds of up to 516 Mbps, this isn't cheap.
On the SpaceX side, the company in December won $885 million in federal subsidies to expand Starlink, but small internet service providers say this shouldn't be allowed because Musk's firm is using "unproven" technology.
spacex starlink user terminal phased array consumer satellite internet dish antenna ufo on a stick roof los angeles california website
A photo of SpaceX's Starlink user terminal, or satellite dish, installed on a roof. Company founder Elon Musk has called such devices "UFOs on a stick," and they're designed to connect to the internet via a fleet of orbiting spacecraft. Ashish Sharma/SpaceX
The fastest speed recorded so far is 215 Mbps
SpaceX said in an email to Starlink beta test subscribers in October that they should expect speeds between 50 and 150 Mbps, with intermittent outages. But some users are hitting much higher speeds.
A list compiled by Reddit's Starlink community shows the fastest download speed so far was 209.17 Mbps, recorded in New York. One person in Utah recorded in December their speed test showing 215 Mbps.
Starlink has even reached speeds of 175 Mbps in freezing temperatures, high winds and snow. Users have been impressed with the terminal heating up enough to melt any snow or frost on top of it.
Snow is melting on the Starlink user terminal
Snow melting on Starlink terminal. Anonymous
It's available to preorder in six countries
Starlink was initially operating in parts of the northern US, southern Canada, and, most recently, in the UK.
On Monday, Starlink began opening up preorders to other parts of the world.
People in Australia, New Zealand, Mexico, and parts of the US and Canada - where Starlink is not yet up and running - confirmed on Twitter and Reddit they were able to put down a deposit to get the internet service in mid to late 2021.
More countries could green-light Starlink this year, including Spain, Italy, India, Japan and the Caribbean, according to a report from Teslarati.
Insider explained Tuesday how to sign up for the service which works on "first-come, first-served basis."
starlink satellite internet spacex smartphone phone trcker logo illustration GettyImages 1229328429
A photo illustration of a satellite-tracking app showing one of SpaceX's Starlink internet-beaming spacecraft on a map of Earth. Pavlo Gonchar/SOPA Images/LightRocket via Getty Images
Starlink has helped rural communities get online
SpaceX agreed in October to provide internet to a rural school district in Texas next year via Starlink. A total of 45 families will get internet access in the area, followed by an additional 90 families later on.
Scott Muri, the district's superintendent, told Insider he agreed to the deal because so many students' families have "zero internet" and no conventional way to get it.
Then in December, SpaceX connected up Pikangikum First Nation, a remote 3,000-person indigenous community in north-western Ontario, to Starlink. Before the internet service, Pikangikum couldn't offer higher education or healthcare, and struggled with high suicide rates. Now, they're able to access everything.
Dave Brown, CEO of FSET, the company that linked up SpaceX and Pikangikum, said in an interview with Insider: "We took a community that was one of the most technologically disadvantaged anywhere in the world. They've now become one of the most technologically advanced, yet are still remote, living where they are and not having to move."
Have you setup Starlink recently? How are you finding it? Get in touch with this reporter via email: kduffy@insider.com.
Read the original article on Business Insider
https://www.yahoo.com/news/now-starlink-available-order-more-110000984.html
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"PEACE"
$$$$$$ $$$$$$
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'Absolutely brilliant': an auto-manufacturing expert praised Tesla's latest self-driving software after a test ride
One of the foremost automotive manufacturing experts in the country has high hopes for Tesla's long-awaited "full self-driving" (FSD) mode.
During a February 2 one-on-one interview with Elon Musk for his YouTube channel, Sandy Munro - an industry consultant who has come down hard on Tesla's build quality in the past - lauded the beta version of FSD. This came after he had a chance to experience during a ride-along with one of the few Tesla owners who has access to the new software.
"[I've] never ever seen anything like what you've got in the new self-driving thing," Munro told Tesla's CEO. "This is just absolutely brilliant. This should get into the marketplace as fast as possible."
Munro, who is known for his in-depth teardown videos of cars, especially Teslas, posted a video of the ride-along on Monday in which he praises the system for its accuracy and its "aggressive" way of driving.
"Right off the bat, I'm very impressed. Actually, my best hope was less than what I just saw," Munro said during the ride. "I'm an aggressive driver - this drives aggressively."
In his talk with Musk, Munro said he thinks FSD will constitute a massive development in automotive safety when it hits the market, claiming it "will save more lives than airbags, seatbelts, and anything else," to which Musk agreed.
Read more: It's unclear whether anyone - even Tesla - can actually make a successful business out of a boom electric car market
But Tesla's automated-driving software - at least in its early stages - doesn't come without potential risks. Transportation experts and politicians have criticized Tesla's Autopilot feature - which can brake, accelerate, and steer automatically, but doesn't make cars fully autonomous - as misleading branding.
The US National Highway Traffic Safety Administration maintains that no vehicle on the market can drive itself, and has opened investigations into Autopilot's role in several crashes that had inattentive drivers. Tesla, for its part, says on its website that both Autopilot and FSD currently require full driver attention.
During Munro's video, the FSD system only encountered minor hiccups, such as stopping for a stop sign in the middle of a block rather than at an intersection. However, since Tesla released the beta software last fall, numerous clips have surfaced online of owners having to step in at the last minute to avoid collisions.
FSD is currently a $10,000 option, and Musk said in December that it will be available in early 2021 as a subscription.
https://www.yahoo.com/news/absolutely-brilliant-auto-manufacturing-expert-151100195.html
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"PEACE"
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AMADEINAMERICA,INTERNATIONAL,ENERGY,TECHNOLOGYANDCARCOMPANY
Go CyDy.......Maybe.....Maybe not.
GO CYDY
"PEACE"
Elon Musk's Neuralink implanted a chip into a monkey's brain and now he 'can play video games using his mind'
Elon Musk's human-computer interface company, Neuralink, is seemingly off to a strong start.
"We've already got a monkey with a wireless implant in their skull, and the tiny wires, who can play video games using his mind," Musk said in a new interview.
"One of the things we're trying to figure out is can we have the monkeys play mind 'Pong' with each other," he told the hosts of the Good Time Show, a Clubhouse-hosted talk show. "That would be pretty cool."
Neuralink has been testing neural interfaces on animals for years at this point. In a video released last year, Neuralink demonstrated its work on a pig named Gertrude.
Gertrude Neuralink
The Neuralink device in Gertrude's brain transmitted data live during the demo as she snuffled around. Neuralink/YouTube
In that video, Neuralink demonstrated its ability to record and potentially predict actions based on a wired chip implanted in Gertrude's brain.
But according to Musk, the video game-playing monkey was implanted with a wireless chip that enabled it to control an electronic interface with its mind only.
"He's not uncomfortable and he doesn't look weird," Musk said, "And you can't even see where the neural implant went in."
The wireless bit is particularly important, as it could eliminate the potential for infection that comes with wires protruding from organic material.
"If you can do experiments with something that doesn't involve wires coming through the skin, that's going to improve the welfare of animals," neuroscience Professor Andrew Jackson of the University of Newcastle told Insider last year.
https://www.yahoo.com/news/elon-musks-neuralink-implanted-chip-161546093.html
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"PEACE"
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AMADEINAMERICA,INTERNATIONAL,ENERGY,TECHNOLOGYANDCARCOMPANY
One more link under the Tesla,Inc umbrella......
Go CyDy......Yes it's a "Fact" it was "Forward-Looking".
Forward-Looking Statements
This press release contains certain forward-looking statements that involve risks, uncertainties and assumptions that are difficult to predict. Words and expressions reflecting optimism, satisfaction or disappointment with current prospects, as well as words such as "believes," "hopes," "intends," "estimates," "expects," "projects," "plans," "anticipates" and variations thereof, or the use of future tense, identify forward-looking statements, but their absence does not mean that a statement is not forward-looking. Forward-looking statements specifically include statements about leronlimab, its ability to have positive health outcomes, the possible results of clinical trials, studies or other programs or ability to continue those programs, the ability to obtain regulatory approval for commercial sales, and the market for actual commercial sales. The Company's forward-looking statements are not guarantees of performance, and actual results could vary materially from those contained in or expressed by such statements due to risks and uncertainties including: (i) the sufficiency of the Company's cash position, (ii) the Company's ability to raise additional capital to fund its operations, (iii) the Company's ability to meet its debt obligations, if any, (iv) the Company's ability to enter into partnership or licensing arrangements with third parties, (v) the Company's ability to identify patients to enroll in its clinical trials in a timely fashion, (vi) the Company's ability to achieve approval of a marketable product, (vii) the design, implementation and conduct of the Company's clinical trials, (viii) the results of the Company's clinical trials, including the possibility of unfavorable clinical trial results, (ix) the market for, and marketability of, any product that is approved, (x) the existence or development of vaccines, drugs, or other treatments that are viewed by medical professionals or patients as superior to the Company's products, (xi) regulatory initiatives, compliance with governmental regulations and the regulatory approval process, (xii) general economic and business conditions, (xiii) changes in foreign, political, and social conditions, and (xiv) various other matters, many of which are beyond the Company's control. The Company urges investors to consider specifically the various risk factors identified in its most recent Form 10-K, and any risk factors or cautionary statements included in any subsequent Form 10-Q or Form 8-K, filed with the Securities and Exchange Commission. Except as required by law, the Company does not undertake any responsibility to update any forward-looking statements to take into account events or circumstances that occur after the date of this press release.
GO CYDY
"PEACE"
Go CyDy....Yes they were "Forward Looking" with that statement.
Forward-Looking Statements
This press release contains certain forward-looking statements that involve risks, uncertainties and assumptions that are difficult to predict. Words and expressions reflecting optimism, satisfaction or disappointment with current prospects, as well as words such as "believes," "hopes," "intends," "estimates," "expects," "projects," "plans," "anticipates" and variations thereof, or the use of future tense, identify forward-looking statements, but their absence does not mean that a statement is not forward-looking. Forward-looking statements specifically include statements about leronlimab, its ability to have positive health outcomes, the possible results of clinical trials, studies or other programs or ability to continue those programs, the ability to obtain regulatory approval for commercial sales, and the market for actual commercial sales. The Company's forward-looking statements are not guarantees of performance, and actual results could vary materially from those contained in or expressed by such statements due to risks and uncertainties including: (i) the sufficiency of the Company's cash position, (ii) the Company's ability to raise additional capital to fund its operations, (iii) the Company's ability to meet its debt obligations, if any, (iv) the Company's ability to enter into partnership or licensing arrangements with third parties, (v) the Company's ability to identify patients to enroll in its clinical trials in a timely fashion, (vi) the Company's ability to achieve approval of a marketable product, (vii) the design, implementation and conduct of the Company's clinical trials, (viii) the results of the Company's clinical trials, including the possibility of unfavorable clinical trial results, (ix) the market for, and marketability of, any product that is approved, (x) the existence or development of vaccines, drugs, or other treatments that are viewed by medical professionals or patients as superior to the Company's products, (xi) regulatory initiatives, compliance with governmental regulations and the regulatory approval process, (xii) general economic and business conditions, (xiii) changes in foreign, political, and social conditions, and (xiv) various other matters, many of which are beyond the Company's control. The Company urges investors to consider specifically the various risk factors identified in its most recent Form 10-K, and any risk factors or cautionary statements included in any subsequent Form 10-Q or Form 8-K, filed with the Securities and Exchange Commission. Except as required by law, the Company does not undertake any responsibility to update any forward-looking statements to take into account events or circumstances that occur after the date of this press release.
It obviously hasn't happened, and can't at this point. But, but, but....Things changed, Bad or Good.
WE WILL WAIT TO SEE!
GO CYDY
"PEACE"
CYTODYN INC. DL -,01 (296.MU)
4.3400+0.3200 (+7.96%)
As of 12:20PM CET. Market open.
https://finance.yahoo.com/quote/296.MU?p=296.MU
CYTODYN INC. DL -,01 (296.BE)
Berlin - Berlin Delayed Price. Currency in EUR
Add to watchlist
4.1900-0.0100 (-0.24%)
As of 12:20PM CET. Market open.
https://finance.yahoo.com/quote/296.BE?p=296.BE
CytoDyn Inc. Registered Shares (296.SG)
Stuttgart - Stuttgart Delayed Price. Currency in EUR
Add to watchlist
4.1400-0.1000 (-2.36%)
As of 1:36PM CET. Market open
https://finance.yahoo.com/quote/296.SG?p=296.SG
AS MANY WAIT............
GO CYDY
"PEACE"
But......There always a hold some trade some group and mentality that takes advantage of both worlds.
NOT THAT THERE'S ANYTHING WRONG WITH THAT
GO TESLA, INC
"PEACE"
$$$$$$ $$$$$$
AMADEINAMERICA,INTERNATIONAL,ENERGY,TECHNOLOGYANDCARCOMPANY
“Don’t Sell a Share,” Says Billionaire Even as Tesla Stock Dips
When a billionaire makes a statement about his position regarding another billionaire’s company, it can be prudent to listen if you’d like to fatten your own wallet. In a CNBC interview, billionaire Chamath Palihapitiya spoke openly about Tesla and SpaceX founder and CEO Elon Musk, who was recently recognized as the richest person in the world.
Even with Tesla (NASDAQ: TSLA) stock down nearly nine points at close Thursday, Musk retains a net worth of $182.9 billion. His counterpart, Amazon and Blue Origin founder and CEO Jeff Bezos, is down to $182.8 billion, thanks to Amazon shares taking a 1.2% hit.
Palihapitiya’s opinion on Tesla stock? “Don’t sell a share.” He added that he believes the stock will double or triple in value.
What Palihapitiya finds most enticing, he revealed in the interview, is that Tesla is a distributed energy company before it is a car manufacturer, a sentiment Musk has previously shared. “People think of Tesla as an electric car company but the whole purpose of Tesla was to accelerate the advent of sustainable energy,” Musk stated during the 2016 unveiling of the Tesla solar roof.
In the CNBC interview, Palihapitiya said, “They are figuring out how to harness energy, how to store it and then how to use it in a way to allow humans to be productive.”
He finds it appropriate that Musk, with his eye on sustainability, took the role of richest person on earth. “The world’s richest person should be somebody that’s fixing and figuring out climate change,” Palihapitiya said.
Many in the Twitterverse agree with Palihapitiya’s hold call.
“Idk why anyone would even consider selling $TSLA any time soon with it’s Insanely superior product pipeline, innovation pace, etc. Tesla’s success is just beginning people! HODL,” tweeted Sawyer Merritt.
Many investors who spoke with GOBankingRates also agreed with Palihapitiya’s hold position on the EV and energy stock. “I’m a buy and hold, long-term-oriented investor and I do have a long position in Tesla,” said Steve Symington, lead advisor for 7investing.
At the same time, he agrees with Musk’s repeated comments that the stock may be overvalued. “There’s an argument to be made that it’s overheated at this stage. We’re talking about a company with a market capitalization at over $800 billion right now.”
Putting Tesla on the list of top 10 stocks he’d buy right now, although not at the top of the list, Symington points out the overall strength of the EV market. One report from Allied Market Research valued the global electric vehicle market at $162.34 billion in 2019, projecting growth up to $802.81 billion by 2027.
https://www.yahoo.com/finance/news/don-t-sell-share-says-135432005.html
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Tesla edges closer to launching sales in India by registering a company in the country
Grace Dean
Sun, January 17, 2021, 6:16 AM
Elon Musk SpaceX Starlink
Elon Musk speaking at the Satellite Conference and Exhibition in Washington, Monday, March 9, 2020. AP Photo/Susan Walsh
Tesla has registered a company in India as it prepares to launch operations there in "early 2021," according to the country's transport minister.
India is pushing for a boost in electric vehicle sales as it focuses on cutting emissions.
It has the world's fifth biggest car market – but Toyota and Ford have been scaling back operations in the country.
Visit Business Insider's homepage for more stories.
Tesla is coming closer to launching sales in India later this year.
The electric vehicle giant has now registered a company in the country, Reuters reported, citing documents filed on Tuesday.
India is home to the world's second largest population and fifth biggest car market.
The company, called Tesla Motors India and Energy Private Limited, was incorporated on January 8, Reuters reported. Its office is registered in Bangalore, a city in the south that has become the country's technology hub, and it has three listed directors.
The company's registration came less than two weeks after Nitin Gadkari, India's transport minister, told The Indian Express that Tesla would launch operations in India in "early 2021." The company would start with sales then potentially moving on to assembly and manufacturing, he said.
CEO Elon Musk has been teasing Tesla's entry into the Indian market for years.
"Next year for sure," he said in October in response to a tweet asking when Tesla would sell its electric cars in India.
"Thanks for waiting!" Musk added.
Read more: Tesla's new 'tabless' battery design eliminates the power pack's 'weakest link,' a top researcher says - and could cut production costs by 50%
The Indian government is pushing for a boost in electric vehicle sales as it increasingly focuses on cutting emissions and other sustainability measures.
In September 2017, the government said all of the roughly 250 million vehicles on the road must be electric by 2030. But after fierce criticism, the government lowered this target to just 30% in February 2018.
And Delhi, the national capital, will have as many as 2,000 electric public transport buses by the end of 2021, the city's transport minister Kailash Gahlot announced in August 2020. The ministry for power is also looking into setting up electric vehicle charging points at all gas stations in Delhi, he added.
"I am confident that in five years Indian will become the number one hub for manufacturing electric buses, cars and two-wheelers," Nitin Gadkari, the county's minister of road transport and highways, said in June.
"It is interesting, and highly ambitious, to see that (Musk) is hoping to make inroads in a country which has a reputation for huge levels of air pollution, particularly in the big cities," Sam Bailey from intellectual property firm Mewburn Ellis told Insider.
"It is also evidence of his belief that Tesla is now getting closer to a price point that is attractive and affordable for people in all economies and no longer the preserve of the very rich early adopters of new technology."
India is the third-biggest emitter of carbon dioxide, after China and the US, according to the World Economic Forum, and accounts for around 7% of total global emissions.
"Tesla has rightly identified India as a market with great demand growth potential," David Leggett, automotive analyst at GlobalData, said. "There is a large and affluent middle class developing in its many urban centres."
"India has a population comparable in size to that of China - it is approaching 1.5 billion people - but its car market is only around 3 million, around a tenth of China's. Over the next five years, we expect India's car market to double in size, with electric vehicles increasing their share."
Read more: A former Tesla employee who filed a whistleblower tip is paying the company $400,000 for divulging trade secrets, following a 2-year dispute with Elon Musk
Musk has been discussing Tesla's launch in India for years.
Back in February 2017, Musk said he hoped to launch sales in India that summer.
Four months later, he said he was in talks with India's government about Tesla.
Then in March 2019, he tweeted: "Would love to be there this year. If not, definitely next!" when asked when Tesla would launch sales there.
As Tesla plans its launch into the Indian markets, other vehicle manufacturers continue to pull out.
In September, Harley-Davidson announced it would stop manufacturing in India, despite its status as the world's largest motorcycle market, and Toyota said that same month it was halting a planned expansion due to India's high tax regime.
General Motors left India in 2017 after failing to expand its market share, and Ford said in October 2019 it was moving the majority of its assets into a joint venture with Indian vehicle firm Mahindra & Mahindra.
Earlier this month Tesla announced it had begun producing Model Y vehicles in China, the world's largest car market, which experts say could be crucial to Tesla's success. It also slashed the pre-order sales price for the vehicle by 30%.
Read the original article on Business Insider
https://www.yahoo.com/news/tesla-sell-electric-cars-india-154353369.html
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Tesla Reaching $2T Valuation In 2 Years? Here's What Inspires Daniel Ives' Optimistic Target
Tesla Inc (NASDAQ: TSLA) is on its way to becoming a $2 trillion company, Wedbush analyst Daniel Ives said on Tuesday.
What Happened: Ives told Oliver Renick of TD Ameritrade Network in an interview that the Elon Musk-led company was not an auto company but rather a disruptive technology company.
“In a year or two from now, we’re not just looking at one trillion for Tesla, but in a couple of years this could be a company that could start to approach 1.5 trillion - 2 trillion [market valuation].”
Ives said that between Tesla and Nio Inc (NYSE: NIO), the former had the lead in the growing Chinese market.
“It speaks to what [Elon Musk] has been able to accomplish — being the only U.S. manufacturer without a partner in China.”
“It’s a big enough ocean for more than one boat,” the analyst said — referencing the size of China’s EV market which can accommodate firms like Xpeng Inc (NYSE: XPEV), Nio, and others.
Ives termed Tesla’s Gigafactory 3 factor as “the key to success” and a “lynchpin.”
Why It Matters: The Wedbush analyst said that Tesla’s profitability is underestimated as it could sell up to 800,000 units this year.
The analyst also pointed to the incoming U.S. administration of Joe Biden as a “part of the optimism,” due to its “green agenda” and a complimentary “blue Senate.”
The political developments in the U.S. are “bullish for EVs” and bullish for Tesla, General Motors Company (NYSE: GM), Fisker Inc (NYSE: FSR), and others, as per Ives.
The analyst repeated his $1,000 bull case price target for Tesla in the interview.
Price Action: Tesla shares closed nearly 4.7% higher at $849.44 on Tuesday and gained 0.3% in the after-hours session.
Click here to check out Benzinga’s EV Hub for the latest electric vehicles news.
https://www.yahoo.com/finance/news/tesla-reaching-2t-valuation-2-093403522.html
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"PEACE"
$$$$$$ $$$$$$
AMADEINAMERICA,INTERNATIONAL,ENERGY,TECHNOLOGYANDCARCOMPANY
Tesla Seeks FCC Approval For New Radar Sensor: What You Need To Know
Tesla Inc (NASDAQ: TSLA) is seeking the U.S. Federal Communications Commission approval for a new radar sensor.
What Happened: Tesla’s FCC application contains a test report dated Jan. 5, 2021, for the Vehicle Millimeter-wave Radar Sensor in 60 GHz band (60-64 GHz), first reported by Electrek on Wednesday.
The equipment under test measures 67 mm (L) X 48 mm (W) X 11 mm (H) and weighs approximately 0.1 kg, as per the report.
The Elon Musk-led company has applied for confidentiality for the sensor, as per Electrek, which noted more information and pictures on the device wouldn't be available until July 2021 — when the confidentiality expires.
Why It Matters: Tesla is betting on cameras and radar in furthering its self-driving push, with Musk taking a public stance against the use of lidar sensors, noted Electrek.
Musk said this week that even if the cost of lidar sensors became zero, Tesla would not utilize them.
“I mean totally free, well, I think even if it was free, we wouldn’t put it on,” Musk told an analyst, as per Electrek.
The new sensor reportedly appears to be a move that would improve the company’s efforts to enable full-self driving.
Recently, Tesla rival Nio Inc (NASDAQ: NIO) launched a new electric sedan in China that features high-resolution Lidar.
In November, Alphabet Inc’s (NASDAQ: GOOGL) (NASDAQ: GOOG) self-driving unit Waymo said it was working on a Lidar, radar, and camera-based autonomous strategy that was “orders of magnitude more advanced” than Tesla.
Price Action: Tesla shares traded almost 1.3% lower at $843.10 in the after-hours session on Wednesday and closed the regular session 0.59% higher at $854.41.
https://www.yahoo.com/finance/news/tesla-seeks-fcc-approval-radar-081833000.html
GO TESLA, INC
"PEACE"
$$$$$$ $$$$$$
AMADEINAMERICA,INTERNATIONAL,ENERGY,TECHNOLOGYANDCARCOMPANY
Go Tesla,Inc...."IF" it affects Tesla vehicle's.
"........EMF can induce currents in wiring just like batteries." 'boston745'
Go CyDy
Top Institutional Holders
Holder Shares Date Reported % Out Value
Firsthand Capital Management, Inc. 322,730 Sep 29, 2020 0.05% 942,371
L & S Advisors Inc 50,600 Sep 29, 2020 0.01% 147,752
Fairfield, Bush & Co 44,559 Sep 29, 2020 0.01% 130,112
Diversified Trust Company 40,790 Dec 30, 2020 0.01% 219,858
Next Capital Management, LLC 30,000 Sep 29, 2020 0.01% 87,600
Requisite Capital Management, LLC 30,000 Sep 29, 2020 0.01% 87,600
Top Mutual Fund Holders
Holder Shares Date Reported % Out Value
Firsthand Funds-Technology Opportunities Fund 322,730 Sep 29, 2020 0.05% 942,371
https://finance.yahoo.com/quote/CYDY/holders?p=CYDY
RSI looking real comfortable.....Average up?
WE WILL SEE
GO CYDY
"PEACE"
Again.......... Safety first, foremost and always.
GO TESLA, INC
"PEACE"
$$$$$$ $$$$$$
AMADEINAMERICA,INTERNATIONAL,ENERGY,TECHNOLOGYANDCARCOMPANY
Go Tsla,Inc........As well they should.
"NHTSA leaves door open for further sudden acceleration investigations if new evidence is found."
'boston745'
Tesla Vehicles Don't Suffer From Unintended Acceleration, NHTSA Says
In 2020, the National Highway Traffic Safety Administration (NHTSA) investigated Tesla Inc (NASDAQ: TSLA) over reports of unintended acceleration — supposed times where vehicles would accelerate without the accelerator pedal being used. At the time, Tesla released a statement, saying the allegation was brought on by a short seller.
Now, as covered by Tesmanian, NHTSA said it has rejected the petition to review 662,000 Tesla vehicles. The organization claims there is no evidence that vehicles accelerate without user input.
"There is no evidence of any fault in the accelerator pedal assemblies, motor control systems, or brake systems that has contributed to any of the cited incidents," according to NHTSA. "There is no evidence of a design factor contributing to increased likelihood of pedal misapplication."
NHTSA also says there's nothing about the build of a Tesla vehicle that would make it more likely for a driver to press the wrong pedal. This essentially means any accelerations that result in a crash are the fault of the driver.
This was seen in Toyota vehicles back in 2007, when it was determined the floor mats had a high probability of causing the accelerator pedal to accidentally be pressed.
https://www.yahoo.com/finance/news/tesla-vehicles-dont-suffer-unintended-205345190.html
GO TESLA, INC
"PEACE"
$$$$$$ $$$$$$
AMADEINAMERICA,INTERNATIONAL,ENERGY,TECHNOLOGYANDCARCOMPANY
AGREED!
GO CYDY
"PEACE"
Go CyDy............It has shown some fortitude, resiliency.
While there is still some market time left in today......The RSI has cooled off comfortably. (59.
GO CYDY
"PEACE"
Tesla Sells Out Of Q1 Supply Of Model Y In China Just Days After Opening Order Page: Report
Benzinga EV Insights
Wed, January 6, 2021, 12:20 PM CST
At the start of 2021, Tesla Inc (NASDAQ: TSLA) opened up the order page for the Model Y in China. Tesla has been working to expand Gigafactory Shanghai to mass-produce the Model Y for sale in China and export to neighboring areas including Australia and parts of Europe.
Now a report from Electrek shows Tesla has already received enough orders to exhaust its supply of the popular vehicle for the first three months of 2021.
The order page has only been live for about six days, but the delivery estimate on Tesla's site is showing that orders will not be filled until the second quarter of 2021. The performance version is being quoted as available in the third quarter of the year.
A study covered Tuesday said Tesla may already be producing 3,000 Model Ys per week at Gigafactory Shanghai. If accurate, that would mean Tesla received over 36,000 Model Y orders in six days, or 6,000 orders per day, double the amount of Model Y the company is currently able to produce.
https://www.yahoo.com/finance/news/tesla-sells-q1-supply-model-182007456.html
GO TESLA, INC
"PEACE"
$$$$$$ $$$$$$
AMADEINAMERICA,INTERNATIONAL,ENERGY,TECHNOLOGYANDCARCOMPANY
Tesla,Inc...
NO.
NO.
NO.
GO TESLA, INC
"PEACE"
$$$$$$ $$$$$$
AMADEINAMERICA,INTERNATIONAL,ENERGY,TECHNOLOGYANDCARCOMPANY
Tesla to Win Approval for Direct Car Sales in Israel
https://www.yahoo.com/finance/m/f7ac8890-3038-3acb-bb3a-1105dd4e6873/tesla-to-win-approval-for.html
GO TESLA, INC
"PEACE"
$$$$$$ $$$$$$
AMADEINAMERICA,INTERNATIONAL,ENERGY,TECHNOLOGYANDCARCOMPANY
Go CyDy...If I may interject.
Sir, or Madam......Sure they can. This is America and we are still a litigious society.
However, "Sue" as they could, it would be a most frivolous one. Even as a "Class Action", only the lawyers would become enriched, and that only if any judge would find merit to advance the case farther.
Hence, the proper usage(s) of this and other message boards. Myself, you, them, others have the choice to read,comprehend and decide what we choose to believe as best our abilities allows us.
This and other board sites offer various amounts of information. Both negative and positive, bad and good, con and pro.....How an individual chooses to act upon it becomes her or his responsibility.
As informative as many of these message boards may be. Their true purpose is for entertainment of thought(s)....Mine, Yours and Others.
PERIOD.
'peace'
GO CYDY
The less you speak, the more opportunity you have to listen.
Wall Street analysts tore down 7 competing car batteries. They found Tesla once again at the front the pack.
Tesla's held a comfortable lead on electric-vehicle manufacturing and sales for years, after virtually inventing the industry on its own.
But now it's not the only player in town, and competitors are quickly catching up, according to UBS.
To understand manufacturing costs and technology, analysts at the bank tore down seven battery models used by various competitors.
They found Tesla still has a comfortable lead and continues to out-innovate, but said companies like Volkswagen stand a decent chance of catching up soon.
Visit Business Insider's homepage for more stories.
The competition in electric vehicles comes down to one thing: batteries.
To better understand who's using the best batteries in their cars - and how much they're spending to do it - analysts at the investment bank UBS compared seven cells from all major manufacturers, including Tesla and its suppliers, as well as those for Volkswagen, General Motors, Toyota, BMW, and more.
Perhaps unsurprisingly based on pasts tests, Tesla once again came out on top by most measures. But because it relies on suppliers like CATL, LG Chem, and Panasonic who also supply other automakers, the lead is only slim, UBS says.
"While Tesla continues to lead with the best overall powertrain technology," the analysts wrote in an October note, "the cost lead in battery cells is minor by now and will depend on its new proprietary cell design in the future."
And after Tesla posted record profits in October, UBS says the company has likely lowered its battery costs even further since it completed its study. That was a charge issued by Elon Musk at Tesla's "Battery Day," when he outlined a plan to in-source battery production and further drive down costs.
"We've got to get the cost of batteries down," Musk told investors in September. "We've got to make - and we've got to be better at manufacturing, and we need to do something about this curve."
That's not just a Tesla problem, even if competitors try to copy things like its cylindrical cell design, as UBS predicts. Allied Market Research predicts the market for the lithium-ion batteries used in EVs will grow more than three-fold by 2027, from $36.7 billion in 2019 to $129.3 billion.
And the only way for anyone to catch up, in UBS' eyes, will be to go all-in like Volkswagen.
"A steep cost reduction curve in combination with an ever-improving regulatory environment in favor of EVs makes it a necessity for auto companies to pursue an 'all-in' EV strategy, meaning that purely CO2-compliance strategies are likely to fail," UBS said.
"Tesla will likely remain the cost and technology benchmark for several more years, and Volkswagen is the fastest follower on a global scale. Its €33bn committed EV investments of over a 5-year period are still unmatched."
https://www.yahoo.com/news/wall-street-analysts-tore-down-120200523.html
GO TESLA, INC
"PEACE"
$$$$$$ $$$$$$
AMADEINAMERICA,INTERNATIONAL,ENERGY,TECHNOLOGYANDCARCOMPANY
GO CyDy.
Useful info. for newcomers..........And thoughes who didn't know.
Shorting and Naked Shorting explained in depth.
Nah.............Go CyDy.
RSI was screaming for a pull back...Still lingering in the 70's.
This is good and healthy for the stock. After a good pull back creates room for a better move upward.
MORE TO COME!
GO CYDY
"PEACE"
Breather For Tesla, Rivian, Lucid As Michigan Bill Seeking To Ban Direct Auto Sales Abandoned
A proposed Michigan bill that would have killed the direct-sales model of electric vehicle companies like Tesla Inc (NASDAQ: TSLA), Lucid Motors, and Rivian has been shelved indefinitely, CNET Roadshow reported Monday.
What Happened: A Lucid spokesperson told CNET that the state senate decided last Friday not to take the bill — HB 6233 — before its recess and there are no plans to address it either.
“Lucid Motors is pleased that HB 6233 failed after the Michigan Senate ended its session without taking action on the bill,” the company said in a statement.
The automaker termed the legislation already passed by the Michigan House of Representatives as “anticompetitive.”
“These legislative efforts — and similar efforts in other states — are clearly driven by special interests, not consumers, as nearly 70% of all EVs sold in Michigan in 2019 were sold directly to consumers,” Lucid said, as per CNET.
Why It Matters: Amazon.com, Inc (NASDAQ: AMZN)-backed Rivian, Lucid, Tesla, and others would have been banned from making direct sales as a result of the bill backed by the state’s auto dealers.
Tesla and Michigan had arrived at a settlement for direct sales to consumers after the Elon Musk-led company filed a suit against the state’s governor and other officials. Michigan House lawmakers earlier this month stripped the bill of the Tesla-specific provisions before passing it on to the Senate, counteracting the settlement, as reported by the Detroit News.
https://www.yahoo.com/finance/news/breather-tesla-rivian-lucid-michigan-041011619.html
RESISTANCE WAS FUTILE
GO TESLA, INC
"PEACE"
$$$$$$ $$$$$$
AMADEINAMERICA,INTERNATIONAL,ENERGY,TECHNOLOGYANDCARCOMPANY
Despite $38.2B In Losses, Tesla Short Sellers Ramp Up Bearish Bets
A huge 2020 was cumonated this week for Tesla Inc (NASDAQ: TSLA) investors after Tesla was added to the S&P 500 index at a record high market cap of above $625 billion. Tesla shares hit new all-time highs on Friday on forced institutional buying in the closing minutes and inflicting even more pain on Tesla’s battered short sellers.
Tesla short sellers got a bit of a break on Monday after profit-takers drove the stock down 5.9%. That pullback has earned Tesla short sellers a more than $1.8 billion profit on Monday, according to S3 Partners analyst Ihor Dusaniwsky.
On Monday, Dusaniwsky said Tesla remains the most heavily shorted stock in the world with more than $34.5 billion in short interest. That amount of short interest is three times the short interest of the second most shorted stock, Apple, Inc. (NASDAQ: AAPL). Apple has only $11.4 billion in short interest.
Horrendous Year For Shorts: Even after Monday’s gain, Tesla short sellers have endured another $4.3 billion in net-of-financing, mark-to-market losses in the month of December.
Following Monday’s pullback, Tesla shares are still up more than 730% year to date, and short sellers have been taking a pounding all year. As of midday on Monday, Tesla short sellers have endured $38.2 billion in mark-to-market losses in 2020, according to S3.
Despite the huge losses Tesla short sellers have been adding to their positions ahead of the S&P 500 inclusion. S3 reported that Tesla’s short interest has increased by $1.5 billion over the past 30 days.
“Shorts were active ahead of Tesla’s S&P inclusion and we may see continued short selling into the new year as short sellers look for the short-term pre-inclusion momentum and speculative long buyers to sell their long positions and realize mark-to-market profits in this tax-year,” Dusaniwsky said.
Benzinga’s Take: Tesla’s market cap has grown to be nearly the size of the entire legacy auto market despite the fact that Tesla represents only a small fraction of global auto sales, so it’s understandable why short sellers are frustrated.
However, shorting stocks that are caught in a bubble can be extremely dangerous given that irrational exuberance can last for years and the ultimate top is only reached once investor enthusiasm has died down.
https://www.yahoo.com/finance/news/despite-38-2b-losses-tesla-220506552.html
LET THEM CONTINUE THEIR SHORTING WAYS.....WE LIKE THAT!
GO TESLA, INC
"PEACE"
$$$$$$ $$$$$$
AMADEINAMERICA,INTERNATIONAL,ENERGY,TECHNOLOGYANDCARCOMPANY
Go CyDy.......
Super Green.
GO CYDY
"PEACE"