Everyone and their brother went nuts yesterday (myself included) when Tesla Motors unveiled plans for the Gigafactory. After a good night's sleep, a shower and some thinking, it might be time to take a step back and say, 'wait a minute.'
It's no secret that Nintendo is going through problems, and that's hurting the company, its shareholders, and the House that Mario built. With cries that Nintendo accept the reality it's in and start developing games for mobile devices growing ever louder, it's hard to ignore. Unless you're Nintendo.
Tesla Motors unveiled plans for its multi-billion dollar Gigafactory, and Wall Street is largely positive on the implications for the ambitious project.
Baidu shares surged after the Chinese Internet search giant reported fourth-quarter results that blew past expectations.
In conjunction with the $1.6 billion debt offering, Tesla Motors just announced, the company finally announced plans for the Giga factory. Much to no one's surprise, it's massive.
Tesla Motors has filed a release to issue $1.6 billion worth of convertible debt, as it looks to shore up its cash position in anticipation of the upcoming gigafactory.
Judging by Apple's share price over the past 12 months or so, it's pretty clear that institutional investors are not taking to the company like they did once before. One analyst on Wall Street breaks down why.
As part of yesterday's massive Tesla Motors price target hike, Morgan Stanley analyst Adam Jonas touched on the upcoming Gigafactory, which Tesla wants to house lithium-ion battery production. While no one knows what it will cost, it's likely to be incredibly expensive.
The purchase of WhatsApp has strengthened Facebook's dominance in the white-hot area of mobile social networking and it could wind up being a huge money maker as well.
Though the electric vehicle market is just starting to become mainstream, Tesla Motors is the most well known of the group. However, according to Morgan Stanley, Tesla is going to be much more than just a top electric vehicle maker -- it's planning on changing the world.