Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Tesla Upgraded by S&P After Cash Levels Soar to Record High
(Bloomberg) -- Tesla Inc. was upgraded by S&P Global Ratings -- putting the company two steps from investment-grade -- after a recent share sale boosted its cash to record levels.
The rater raised Tesla one notch to BB, in line with that of Moody’s Investors Service. S&P assigned a positive outlook, saying there is at least a 33% chance that Tesla could be upgraded again in the next year if its competitive advantage “strengthens meaningfully,” analysts Lawrence Orlowski and Nishit Madlani said in a report Thursday.
Tesla raised $5 billion in an equity sale earlier this month to capitalize on a surge in its shares that pushed the company into the S&P 500. It’s had five consecutive quarters of profit and a growing recognition on Wall Street that battery-powered electric vehicles are here to stay. The Palo Alto, California-based company aims to deliver 500,000 cars this year, which would be a huge milestone for the 17-year-old company led by Chief Executive Officer Elon Musk.
This is Tesla’s third upgrade during the pandemic, a feat “almost unheard of in the sector,” according to Bloomberg Intelligence analyst Joel Levington.
https://www.yahoo.com/finance/news/tesla-upgraded-p-cash-levels-201931342.html
GO TESLA, INC
"PEACE"
$$$$$$ $$$$$$
AMADEINAMERICA,INTERNATIONAL,ENERGY,TECHNOLOGYANDCARCOMPANY
Go CyDy...
https://otce.finra.org/otce/equityShortInterest
GO CYDY
"PEACE
Go CyDy.......
To many, it becomes a matter of perception, and / or possibly what mind set leadership might be trying to portray?
Based on some company's checkered past or perception of such. Issuing PRs doing trading hours, reeks of desperation and could possibly be viewed as an attempt to manipulate share price to one's end. Usually verified, if at some point, shortly after form 4's start popping up.
GO CYDY
"PEACE"
Tesla stock bounces back, as analyst sees $5 billion stock offering as a ‘clear positive’
https://finance.yahoo.com/m/5886336c-7783-3264-b1e0-f93af2302532/tesla-stock-bounces-back-as.html
GO TESLA, INC
"PEACE"
$$$$$$ $$$$$$
AMADEINAMERICA,INTERNATIONAL,ENERGY,TECHNOLOGYANDCARCOMPANY
New Battery Cells Could Give Tesla Semi More Than 600 Miles Of Range
When it was revealed in 2017, Tesla Inc (NASDAQ: TSLA) CEO Elon Musk announced that the Tesla Semi would achieve up to 500 miles of all-electric range with a fully-loaded vehicle. This seemed almost impossible at the time, but today it seems the Semi could go even farther.
In an interview covered by InsideEVs, Musk says that 500-mile range is easy, and with Tesla's new 4680 battery cells, a fully-loaded Tesla Semi may travel over 600 miles. The cell energy density would have to be approximately 300Wh/kg according to Musk.
Tesla also said a 300-mile range version would be available at the reveal, which would be expected to be also bumped up around 30% by this development.
Benzinga's Take: Tesla's Semi is a bit controversial. The fact that it takes much longer to refuel an electric vehicle makes it seem like an electric semi is not viable as they need to do much more driving in a day. But Tesla is first aiming to cover short-range trips, which Musk says takes up the majority of trucking.
The Tesla Semi will have much less maintenance, fuel cost, and moving parts than a traditional diesel semi.
https://www.yahoo.com/finance/news/battery-cells-could-tesla-semi-194032053.html
GO TESLA, INC
"PEACE"
$$$$$$ $$$$$$
AMADEINAMERICA,INTERNATIONAL,ENERGY,TECHNOLOGYANDCARCOMPANY
'Wild Times,' Says Elon Musk As Tesla, SpaceX Combined Valuation Shoots Past $500B
Tesla Inc (NASDAQ: TSLA) and SpaceX CEO Elon Musk reacted to a post on social media, which made reference to the two companies’ worth now being over $500 billion.
What Happened: “Wild times!” said Musk to the Twitter user and magician Aaron Levie who made a reference to Musk’s achievements on earth and in space.
Levie also asked the Tesla CEO when he would solve time travel but received an answer from actor and venture capitalist Ashton Kutcher who said “I got that one.”
Why It Matters: Tesla shares have soared nearly 497% this year so far taking the company’s market capitalization to $594.36 billion.
The electric vehicle maker's market cap is now equal to the combined market cap of all the legacy auto industry,.
In August, SpaceX was valued at $46 billion, which included the $1.9 billion capital the company raised at the time. Morgan Stanley has doubled the valuation of the unlisted company to over $100 billion, as of last month, reported Forbes.
The recent announcement that Tesla would be included in the S&P 500 index has made Musk the third-richest person in the world ahead of Facebook Inc (NASDAQ: FB) CEO Mark Zuckerberg, according to Business Insider.
Price Action: Tesla shares closed 2.6% higher at $499.27 on Thursday and fell 1.26% in the after-hours session.
https://finance.yahoo.com/news/wild-times-says-elon-musk-080330953.html
GO TESLA, INC
"PEACE"
$$$$$$ $$$$$$
AMADEINAMERICA,INTERNATIONAL,ENERGY,TECHNOLOGYANDCARCOMPANY
Tesla Gigafactory Texas Construction Underway 24/7
After Gigafactory Shanghai completed construction, with the first vehicles delivered in less than one year, many were hopeful Tesla Inc (NASDAQ: TSLA) could show the same speed at Gigafactory Berlin and Texas.
Just days ago, new aerial photos and video showed the site's progress.
An article from Tesmanian said the site has crews working around the clock to get the factory done even faster.
Due to this increased construction speed, Tesla may be able to test first vehicle production as early as May.
Tesla plans to begin delivering its all-electric pickup Cybertruck by the end of 2021. With faster construction, this timeline is well within reach for the company.
The cybertruck will be going up against the General Motors Corporation (NYSE: GM) Hummer EV, and Rivian's all-electric pickup truck offerings.
https://www.yahoo.com/news/tesla-gigafactory-texas-construction-underway-185338364.html
GO TESLA, INC
"PEACE"
$$$$$$ $$$$$$
AMADEINAMERICA,INTERNATIONAL,ENERGY,TECHNOLOGYANDCARCOMPANY
Tesla Gigafactory Shanghai Production Rate Points To Sharp Annual Increase
https://www.yahoo.com/news/tesla-gigafactory-shanghai-production-rate-222453163.html
GO TESLA, INC
"PEACE"
$$$$$$ $$$$$$
AMADEINAMERICA , INTERNATIONALENERGYTECHNOLOGYANDCARCOMPANY
Sir, or Madam....But there was?
PURA 1-for-1 Shareholder Dividend of PAOG Shares on Track
Newsfile Corp.
October 30, 2020·3 min read
Dallas, Texas--(Newsfile Corp. - October 30, 2020) - PAO Group, Inc. (OTC Pink: PAOG) and Puration, Inc. (OTC: Pink: PURA) today released an update on the process underway for PAOG to issue PAOG shares to PURA shareholders in a dividend distribution.
PAOG acquired a cannabis cultivation operation from PURA earlier this year in a transaction that includes issuing PAOG shares to PURA shareholders. The target distribution ratio calls for PURA shareholders receiving one share of PAOG for every one share of PURA owned.
PAOG has executed two acquisitions in recent months and managed to ramp up and organize acquired cannabis pharmaceutical research assets as necessary to execute a contract prerequisite to developing its acquired cannabis pharmaceutical research assets into an FDA approved drug. PAOG admits the dividend distribution process has lagged behind the acquisition and pharmaceutical development contract efforts. Last week, after completing the pharmaceutical development contract, PAOG management and PURA management committed to rapidly completing the dividend issuance.
Since initiating the joint rapid dividend completion effort, PAOG has filed to redomicile the company to Wyoming and increase the authorized number of shares in order to have the necessary inventory to execute the dividend distribution. PAOG has also engaged the services of the company's transfer agent to manage the dividend distribution of PAOG stock to PURA shareholders. Once the move to Wyoming is complete, PAOG will file with the necessary financial regulatory authority to finalize the dividend details. PAOG anticipates a definitive dividend distribution announcement will be forthcoming within the next two weeks.
PAOG is excited to make PURA shareholders also PAOG shareholders.
The developing PAOG and PURA partnership includes PAOG participating in PURA's new hemp lifestyle brand strategy, called Farmersville Brands and headquartered on a 72-acre property currently under contract for acquisition by PURA. In conjunction with PAOG's newly acquired cultivation business, PAOG plans to build a pharmaceutical grade, indoor hemp cultivation operation and lab on PURA's Farmersville property.
https://finance.yahoo.com/news/pura-1-1-shareholder-dividend-142000443.html
'irenic'
Tesla, French Partner Neoen, To Build Another Gigantic Lithium-Ion Battery In Australia
Tesla Inc (NASDAQ: TSLA) is partnering with Paris-based independent energy producer Neoen SA to set up a massive lithium-ion battery site in Australia.
What Happened: Neoen will be responsible for handling the grid's system integrity, the Financial Times reports. Whereas, Tesla will supply its megapack technology. The battery plant could be operational sometime towards the end of 2021.
The 300-megawatt Victorian Big Battery plant will be located in Geelong city in Australia’s second-most populous state — Victoria.
The move is in sync with Australia’s renewable energy targets. Presently, the Australian government is aiming for 50% power generation from renewable sources by 2030.
Why Does It Matter: Energy Minister for the Victorian State, Lily D’Ambrosio, told Bloomberg that the project would not only support the economy with reduced energy prices and increased jobs but also support the network grids during Australia’s extreme summers. The state’s energy grid is powered by coal-reliant energy plants, which failed in recent summers leading to power outages.
Before the Victorian project, the Elon Musk-led electric vehicle maker partnered with the French company for the Hornsdale wind farm project, which was the largest facility supporting essential grid services when it began operations in 2017. It was dethroned from the top spot in August, with the opening of the 230-megawatt project in San Diego, California, Bloomberg reported separately.
https://www.yahoo.com/news/tesla-french-partner-neoen-build-103130407.html
GO TESLA, INC
"PEACE"
$$$$$$ $$$$$$
AMADEINAMERICA , INTERNATIONALENERGYTECHNOLOGYANDCARCOMPANY
Tesla Gets Order For 150 Semi Trucks From Canadian Company As It Prepares For 'Volume Production'
Tesla Inc (NASDAQ: TSLA) has received an order for 150 units of its Semi electric truck from a Mississauga, Canada-based trucking conglomerate.
What Happened: Pride Group Enterprises announced Wednesday in a statement that it had placed a deposit to secure the initial units and build slots and would further consider purchasing up to 500 trucks.
“We believe that electrification is the way of the future as we work together across multiple industries to reduce our carbon footprint,” Pride Group CEO Sam Johal said.
“Pride Group Enterprises' vision is to invest in facilities that will support charging, full-service maintenance and a consistent supply of electric trucks on North American highways.”
The company said it was busy investing in the necessary infrastructure needed for parking, charging and maintenance at its locations to support the arrival of the all-electric class 8 trucks.
Why It Matters: Privately-held Pride Group has 12 locations in the United States and Canada. The 300-employee company had a five-year growth rate of 2,365% as of September last year, according to Canadian Business.
Pride Group’s order is larger than the 130 units ordered by Walmart Inc (NYSE: WMT) in Canada. Tesla CEO Elon Musk said this summer that it was time to bring the Semi truck to “volume production.”
The company had unveiled two concept vehicles in November 2017 with production slated to commence in 2021 at the time.
https://www.yahoo.com/news/tesla-gets-order-150-semi-072938525.html
GO TESLA, INC
"PEACE"
$$$$$$ $$$$$$
AMADEINAMERICA , INTERNATIONALENERGYTECHNOLOGYANDCARCOMPANY
With the "Inc" of Tesla, will come.
Starlink's internet satellite public beta costs $600 upfront, SpaceX says — and some users are dropping even more for better equipment
https://www.yahoo.com/news/starlinks-internet-satellite-public-beta-182947432.html
Cars
Energy
Tunnels
High Tech
Space Travel
Starlink Internet (more hytec)
GO TESLA, INC
"PEACE"
$$$$$$ $$$$$$
AMADEINAMERICA , INTERNATIONALENERGYTECHNOLOGYANDCARCOMPANY
FACT!...
Charts have been, and will always be very, very useful tools.
BUT!...
Company "NEW", good or bad, "TRUMPS" all.....As is the obvious.
GO CYDY
"PEACE"
https://finance.yahoo.com/quote/296.SG/press-releases/
Currently up 11.76%
GO CYDY
"PEACE"
An auto-manufacturing expert says Tesla's days of production hell have put it '10 years ahead' of the competition
https://www.yahoo.com/news/auto-manufacturing-expert-says-teslas-160745296.html
GO TESLA, INC
"PEACE"
$$$$$$ $$$$$$
AMADEINAMERICA , INTERNATIONALENERGYTECHNOLOGYANDCARCOMPANY
DMOST Member Level Wednesday, 09/30/20 10:27:23 AM
Re: None 0
Post # of 33205
PURA Plows Forward With Farmersville Brands And Stock Dividend
Newsfile•September 30, 2020
Dallas, Texas--(Newsfile Corp. - September 30, 2020) - Puration, Inc. (OTC Pink: PURA) management today communicated assurance that the company's Farmersville Brands strategy to include the acquisition of 72-acre property in Farmersville, Texas and infused with a $100 million planned investment is moving forward. Management also confirms intentions to promptly execute on the distribution of a previously announced stock dividend. With both coming at the end of the third quarter, management decided to close the quarter before the definitive execution of the property acquisition and the dividend. PURA expects to make prompt definitive moves on both next week. Management is also pleased to highlight the impending initiation of a third production run this year of its EVERx CBD Sports Water in conjunction with ongoing consistent sales in the face of this year's pandemic challenges.
For more information on Puration, visit http://www.purationinc.com
Are we at the end of the 3rd quarter?..Sep or Oct?
GO PURA
"PEACE"
Tesla The Only Automaker Seeing Sales Growth In Germany This Year: Report
https://www.yahoo.com/news/tesla-only-automaker-seeing-sales-031824547.html
GO TESLA, INC
"PEACE"
$$$$$$ $$$$$$
AMADEINAMERICA , INTERNATIONALENERGYTECHNOLOGYANDCARCOMPANY
GO CYDY!
Agreed..........
'peace
Shares where voted no for comp. plan. Tramp was actually a yes vote for something different, the first go round.....And while I'm currently invested in CYDY.....
GO CYDY
"PEACE"
Many tend to forget these boards, although informative as they might be, are for entertainment purposes.
I take it all in as such. But to each his own.
GO CYDY
"PEACE"
Yeah, and buffalo's can roller skate. LOL
GO CYDY
"PEACE"
REALLY!.....You think he's not obese?.....REALLY.....TRAMP!..LMAO!
GO CYDY
"PEACE"
Tesla Faces Clear Path for German Plant, State Premier Says
https://www.yahoo.com/finance/news/tesla-clear-path-first-german-040000354.html
GO TESLA, INC
"PEACE"
$$$$$$ $$$$$$
AMADEINAMERICA , INTERNATIONALENERGYTECHNOLOGYANDCARCOMPANY
PURA Plows Forward With Farmersville Brands And Stock Dividend
Newsfile•September 30, 2020
Dallas, Texas--(Newsfile Corp. - September 30, 2020) - Puration, Inc. (OTC Pink: PURA) management today communicated assurance that the company's Farmersville Brands strategy to include the acquisition of 72-acre property in Farmersville, Texas and infused with a $100 million planned investment is moving forward. Management also confirms intentions to promptly execute on the distribution of a previously announced stock dividend. With both coming at the end of the third quarter, management decided to close the quarter before the definitive execution of the property acquisition and the dividend. PURA expects to make prompt definitive moves on both next week. Management is also pleased to highlight the impending initiation of a third production run this year of its EVERx CBD Sports Water in conjunction with ongoing consistent sales in the face of this year's pandemic challenges.
For more information on Puration, visit http://www.purationinc.com
Disclaimer/Safe Harbor:
This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur. These statements have not been evaluated by the Food and Drug Administration. These products are not intended to diagnose, treat, cure, or prevent any disease.
Contact:
Puration, Inc.
Brian Shibley,
info@aciconglomerated.com
(800) 861-1350
https://finance.yahoo.com/news/pura-plows-forward-farmersville-brands-135200134.html
SO IS IT REAL, OR IS IT MEMOREX?
GO PURA
"PEACE"
VCNX.....As the old adage says, "Reading is fundamental".
https://finance.yahoo.com/quote/VCNX/profile?p=VCNX
GO VNCX
"PEACE"
PURA Announces Analyst Report Pertaining to Coming 1 for 1 Dividend
September 11, 2020
"A second shareholder dividend is in the works and the transaction that would result in the dividend issuance is anticipated to be complete by the end of this month."
https://finance.yahoo.com/news/pura-announces-analyst-report-pertaining-163700109.html
WE WILL SEE
GO PURA
"PEACE"
VCNX's missed end point for pepinemab treatment for Huntington's disease hit the SP pretty hard indeed. However, let us not forget that is not the only product, a cooking, in the oven.
Vaccinex, Inc.
Profile and Description
Vaccinex, Inc., a clinical-stage biotechnology company, discovers and develops bio therapeutics to treat serious diseases and conditions with unmet medical needs. The company offers its products for the treatment of cancer, neurodegenerative diseases, and autoimmune disorders. Its lead product candidate is pepinemab that is in clinical development stage for the treatment of non-small cell lung cancer (NSCLC), Huntington's disease, osteosarcoma, melanoma, and Alzheimer's disease. The company is also developing VX5, a human antibody to CXCL13 that is in preclinical development for the treatment of MS and potentially for other autoimmune disorders; and VX25, a bi-specific natural killer T (NKT) cell stimulator, for the therapeutic application of NKT cell stimulation for cancer immunotherapy. It has a clinical trial collaboration and supply agreement with Merck KGaA to test pepinemab in combination with avelumab checkpoint inhibitor in NSCLC patients. Vaccinex, Inc. was founded in 2001 and is headquartered in Rochester, New York.
https://finance.yahoo.com/quote/VCNX/profile?p=VCNX
GO VCNX
"PEACE"
So are you saying if one of these comes to fruitation, the rest are possible as well?
Hint: There is no swamp land in Farmersville, Texas.....And definitely not on those 72 acres.
And as for the divvy that is to be issued "Months End".
We still have 8 days.
WE WILL SEE!
GO PURA
"PEACE"
Those company's have not yet been mentioned in public press or filings.
The assumption would be that they would seek to partner with a company(s) both local and nationally that could effectively and efficiently handle the demand.....WE WILL SEE!
But, it's coming.
GO TESLA, INC
"PEACE"
$$$$$$ $$$$$$
AMADEINAMERICA , INTERNATIONALENERGYTECHNOLOGYANDCARCOMPANY
GO CYDY...Thanks for posting.
CytoDyn (OTCMKTS:CYDY) May Make the White House Podium
https://insiderfinancial.com/cytodyn-may-make-the-white-house-podium/180294/
Good read with data notes backing the science included.
"PEACE"
Also the standard and reasonable disclaimer:
Disclosure: Insider Financial and its owners do not have a position in the stocks posted and have posted this article for free without editorial input. This article was written by a guest contributor and solely reflects his opinions. The author may hold either long or short positions in the securities discussed.
Mean While, on the other side of Tesla, Inc..................ENERGY!
Tesla Strikes Solar Roof Installation Partnerships
https://www.yahoo.com/news/tesla-strikes-solar-roof-installation-182341722.html
GO TESLA, INC
"PEACE"
$$$$$$ $$$$$$
AMADEINAMERICA , INTERNATIONALENERGYTECHNOLOGYANDCARCOMPANY
Fast Broadband From Orbit? New Data Says SpaceX Can Do It
SpaceX just hit the FCC's goal for low internet lag. Next step: 1 gigabit internet speeds.
Elon Musk wants to surround the Earth with a constellation of internet satellites, providing fast, low-latency broadband internet service to every person on Earth who wants it. New data from Speedtest.net suggests that he's well on his way to doing just that.
Musk has already made progress toward this goal. SpaceX's 11th "Starlink" launch Tuesday put 58 more internet broadband satellites in orbit, growing the number of functioning satellites to probably 650 or 660 sats. (Each Starlink launch can carry 60 satellites, but the company has recently been giving up a few slots on each mission to customers seeking rideshares to orbit.)
Tuesday's launch marked SpaceX's 98th launch, and its 95th Falcon 9 launch. After delivering its payload, the Falcon 9's first stage landed back on Earth -- SpaceX's 57th such successful landing. (The specific booster that launched and landed has now made six such round trips.) SpaceX also successfully "netted" both payload fairing halves -- a $3 million piece of equipment that can now be reused on a future launch.
Musk wants to put anywhere from 12,000 to 42,000 satellites in orbit eventually. Just 800 or so, however, should suffice to offer moderate coverage to most places on the globe -- so Musk is now more than 80% of the way to his goal of blanketing the Earth in broadband.
Before he does that, though, he's going to want to focus on delivering internet to America.
A $16 billion subsidy for SpaceX
Rural America, to be precise.
As we discussed back in June, the FCC has given SpaceX the green light to compete for all or part of the $16 billion up for grabs under its Rural Digital Opportunity Fund (RDOF) competition. Under RDOF, the FCC will pick one or more companies to provide "gigabit speed broadband networks" to "unserved rural areas" of America.
To win even a piece of this business, SpaceX must prove it can provide internet service from orbit on par with service run through terrestrial cable services such as Comcast. Specifically, SpaceX must demonstrate that signals sent through its Starlink satellites have less than 100 milliseconds of latency (aka "lag" or "ping") between when a command is sent (for example, "buy it now") and a response received: "you won!"
60 down, 940 to go
As Ars Technica reported earlier this week, internet customers chosen to beta test SpaceX's Starlink network have been pinging speedtest.net to learn the speeds of the connections they're getting from Starlink, and posting the results on Reddit.
What have they found out?
So far, results show that Starlink users can expect internet download speeds of anywhere from 11 megabits per second (Mbps) to 60 Mbps, and upload speeds of 5 Mbps to 18 Mbps. At best, those numbers are just 6% of the 1 gig (1 Gbps) speeds the FCC wants to be able to promise under RDOF. But considering that Starlink is still only 80% of the way to having enough sats for "moderate" capability, it's still impressive. (And as Ars notes, even 60 Mbps is much faster internet than many rural customers are able to access today.)
Perhaps more importantly, SpaceX and Starlink seem to have cleared the FCC's bar for competing in the RDOF contest. If you recall, the FCC was skeptical of SpaceX's ability to provide sub-100 lag speeds from space, and promised to apply "very close scrutiny" to SpaceX's performance. Ars, however, says Starlink is delivering ping rates of anywhere from 94 ms (already below 100) all the way down to just 31 ms.
What comes next
As far as qualifying to compete for RDOF and the FCC's $16 billion, this looks very much like "mission accomplished" for SpaceX. Going forward, the company will be aiming to drive its lag rate down below 20 ms, while boosting its internet download speed toward 1 Gbps. And over time, SpaceX hopes that these levels of performance will win it as many as 5 million broadband satellite internet customers in the U.S. At a rumored monthly service cost of $80, times 12 months in a year, Starlink therefore looks to be building toward a $4.8 billion annual revenue stream for SpaceX.
What does it all mean for SpaceX?
When you consider that it would take SpaceX launching nearly 80 rockets a year at a launch cost of $62 million apiece to generate similar revenue from space launch, it's easy to see how Starlink could soon become SpaceX's primary revenue driver -- and a great candidate for an IPO.
https://www.yahoo.com/finance/m/d2c8f783-da88-3a7a-9771-d0be94e81f51/fast-broadband-from-orbit-.html
GO TESLA, INC
"PEACE"
$$$$$$ $$$$$$
AMADEINAMERICA , INTERNATIONALENERGYTECHNOLOGYANDCARCOMPANY
Why Tesla stock will rise for the 'next decade': Expert
https://www.yahoo.com/finance/video/why-tesla-stock-rise-next-175419407.html
GO TESLA,INC
"PEACE"
$$$$$$ $$$$$$
AMADEINAMERICA , INTERNATIONALENERGYTECHNOLOGYANDCARCOMPANY
Tesla Gigafactory 1 to Boost Battery Production Capacity 10% After New $100 Million Panasonic Investment
Panasonic (OTC: PCRFY) will be investing over $100 million in Tesla's (NASDAQ: TSLA) Gigafactory 1 plant in Nevada to boost battery production capacity by 10% to 39 gigawatt-hours (GWh) per year. The factory is part of Tesla's critical infrastructure producing electric motors and battery packs for the Model 3 and Model Y electric vehicles. While both companies have wanted to boost production for some time, their relationship has at times been strained, though higher Tesla sales seems to have cleared that up.
Story continues
https://www.yahoo.com/finance/m/25d555ca-0f39-3f24-a035-2d94325a8fd3/tesla-gigafactory-1-to-boost.html
GO TESLA, INC
"PEACE"
$$$$$$ $$$$$$
AMADEINAMERICA , INTERNATIONALENERGYTECHNOLOGYANDCARCOMPANY
Panasonic To Invest $100M In Tesla Battery Plant: Report
When it comes to electric vehicle production, batteries are the name of the game. Tesla Inc (NASDAQ: TSLA), in its partnership with Panasonic Corporation (Pink: PCRFY), produces more batteries for the company's fleet of EVs than any other vehicle producer. Now it looks like that capacity will be expanded even further.
A Wednesday report from Nikkei said that Panasonic is investing $100 million to increase the factory's battery production capacity.
Tesla and Panasonic co-own and share Gigafactory Nevada, where most of Tesla's batteries are made. The investment will be made at this factory, which presently has 13 lines; the money will be used to add one additional line.
This marks the first capacity increase since the factory was opened in 2017.
Benzinga's Take: This news may be mentioned on Sept. 22 during Tesla's battery investor day. Tesla CEO Elon Musk has said in the past that the company's biggest bottleneck will be battery production.
Now it looks like the company is addressing that, as it also builds a new U.S.-based Gigafactory in Austin, Texas, which is expected to produce the Cybertruck, Model Y and Model 3.
https://www.yahoo.com/news/panasonic-invest-100m-tesla-battery-152539590.html
GO TESLA, INC
"PEACE"
$$$$$$ $$$$$$
AMADEINAMERICA , INTERNATIONALENERGYTECHNOLOGYANDCARCOMPANY
Tesla's stock split should be a game-over moment for Wall Street bears.
Let's spend a little bit of time in a parallel universe that, believe it or not, actually exists.
Tesla is worth anywhere from $250 billion to $300 billion in market cap these days, after an epic rally that started at the beginning of the year, and is still going. It has logged swings in valuation as big as Ford's entire market cap, and bulls have gleefully noted that Tesla is now worth more than the entire Detroit Big Three combined — plus the VW Group.
Tesla also sold just over 367,000 vehicles last year — a record for Musk but nothing compared to Ford , which sold almost four times that many pickup trucks alone, in just the US.
A fundamental assessment of Tesla's business does not yield a $300-billion company. But a fundamental analysis of General Motors doesn't add up to $40-billion market-cap company, when you consider that has an enterprise value of $130 billion and has been posting an annual profit of about $10 billion every year since 2015. It's obvious that Tesla is currently wildly overvalued, while the entire traditional auto industry, which had been racking up pretty routine profits, pre-pandemic, is wildly undervalued.
Tesla's parallel universe, explained
Welcome to the parallel universe! It exists because the facts on the ground are indisputable. Tesla is indeed valued at stratospheric levels by investors, who think the company is either a great bet on an electrified transportation future — or a great place to park money in a low-yield world. And Tesla has indeed produced far fewer vehicles and generated far less revenue than its old-school competition.
A fair amount of bickering about this parallel universe has done nothing to make it go poof, returning us to a realm governed by proper business assessments. The bulls have kept on winning, and the bears have kept on losing.
The latest defeat came last week, when Tesla announced a 5-for-1 stock split. This kind of move changes nothing about a company's valuation, but does somewhat artificially reduce the stock price, opening up some opportunity for less flush buyers to come off the sidelines. It can bolster the confidence of established investors, encouraging them to hold what they have (now multiplied) and buy more and what to them might resemble a discount.
The upshot of the move was to push the Tesla rally another 20%.
Musk has needled short-sellers on plenty of occasions — Who could forget the satiny, red short-shorts that bore the Tesla lineup's initials (S-3-X-Y) and that sold out immediately? — but the stock-split was more like a dagger to the heart. Tesla has long been an appealing yet dangerous stock to short. Along with Apple, it's among the most heavily shorted in the market. A history of volatility has made the risk worth it, for intermittent rewards.
But long-term, the shorts have been screwed. Tesla has returned better than 6,700% since its 2010 IPO. It hasn't just beaten the market. It has created its own, alternative market, where the familiar rules don't apply and 20% gains come out of nowhere.
This is why I've argued, on several occasions, that it's pointless to short Tesla.
"It was a bad idea to short Tesla at $200, at $400, and even now at $900 or whatever," I wrote the last time I offered this advice — and I'll now see your $900 and raise you $1,700, divided by five. "The 'bleak, reactive counter-narrative' [my terms] that motivates Tesla skeptics has been thoroughly discredited. Find something else to wager your money on."
Or don't. The thing about this parallel universe is that while it's ruled by bulls, bears can't seem to stay away. I'll concede that over the next 12 to 18 months, something will surely knock Tesla's stock price off its near-vertical trajectory and vindicate some short-sellers' positions, depending on when they got in and how they' ve structured it. But the macro-trend is trend is moving north, as it has been for the past five years.
But why? Clearly, Tesla is a stock that's fueled by a narrative, and by Musk's charisma, and by a historical moment when there's a lot of money sloshing around in search of market-beating returns. But that's not parallel-universe thinking.
In the alternative reality of Tesla — which isn't an alternative because we're really living in it — people both love the product and love the brand. That's what the elevated stock price, so out of whack with the business, represents. And that's why it game-over for the bears.
I shouldn't have to say it, but love conquers all.
Read the original article on Business Insider
https://www.yahoo.com/news/teslas-stock-split-game-over-111700783.html
GO TESLA, INC
"PEACE"
$$$$$$ $$$$$$
AMADEINAMERICA , INTERNATIONALENERGYTECHNOLOGYANDCARCOMPANY
A Field Guide to Covid-19 Vaccines and Antivirals
[Barrons.com]
Al Root
,Barrons.com•August 13, 2020
Canadian small-cap biotech CytoDyn has asked the FDA to grant the company’s drug, Leronlimab, an emergency-use authorization to treat mild to moderate Covid-19 cases.
Continue reading
https://www.barrons.com/articles/a-field-guide-to-covid-19-vaccines-and-antivirals-51597352125?siteid=yhoof2&yptr=yahoo
GO CYDY
"PEACE"
CYDY can't seem to move higher nor maintain share value, even as good news flows plentiful....ie $28.5million cash infusion 14days ago.
https://finance.yahoo.com/news/cytodyn-completes-non-dilutive-28-225600227.html
A positive DSMC recommendation 8days ago.
https://finance.yahoo.com/news/cytodyn-receives-positive-dsmc-recommendation-201200183.html
A push to seek UK approval 6days ago.
https://finance.yahoo.com/news/cytodyn-seeks-uk-approval-leronlimab-043600686.html
Seemingly positive news for clinical endpoints 21hrs ago.
https://finance.yahoo.com/news/cytodyn-announces-clinically-significant-top-131500914.html
And most recently, an announcement of a conference call to discuss those positive developments 14hrs ago.
https://finance.yahoo.com/news/cytodyn-hold-conference-call-august-194000847.html
WHY?
https://www.otcmarkets.com/stock/CYDY/security
ENOUGH SAID..
GO CYDY
"PEACE"
GO TESLA, INC
"PEACE"
$$$$$$ $$$$$$
AMADEINAMERICA , INTERNATIONALENERGYTECHNOLOGYANDCARCOMPANY
We will see....
GO VCNX
"PEACE"