At $1 trillion, Musk's wealth would be nearly 3% of U.S. GDP, surpassing John D. Rockefeller's estimated 2% at his peak. Elon Musk's net worth could reach $1 trillion before he earns his latest $Tesla Motors(TSLA)$ pay package. Barron's estimates his fortune near $750 billion, driven mainly by SpaceX, now valued around $800 billion amid optimism over Starlink and AI uses. Musk owns about 40% of the company, and a potential IPO could add hundreds of billions more. Socialists and communists are not happy.
$Tesla Motors(TSLA)$ just rewrote Norway's automotive history with 26,666 registrations this year, smashing Volkswagen's 2016 record of 26,572 units. With 4,260 new EVs registered in November alone, the Texas-based automaker now dominates Europe's most mature EV market as Norway's VAT policy changes supercharge demand.
Short sellers are getting roasted on $Tesla Motors(TSLA)$ ! Data shows nearly $95.5B losses in past month. Winter is coming - $600 price target locked for year-end. Keep betting against this beast and you'll be auditioning for bridge-dwelling roles!
Weekly figures still missing in action. If the reported 7000 units are just $NIO Inc.(NIO)$ excluding ONVO and Firefly, shorts will be absolutely steamrolled along with anyone liquidated by stop-loss triggers!
At the end of the day, retail longs and Abu Dhabi's CYVN still clutch 70% of $NIO Inc.(NIO)$ 's float. To pry shares from these diamond-handed holders, you'll need to cough up over $16 for the remaining 30%.
Told my IRA broker to dump some $NVIDIA(NVDA)$ and scoop up 16k shares of $NIO Inc.(NIO)$ at $4.67. When he questioned my move, I confidently declared $NIO Inc.(NIO)$ 's the real cash cow.
$NIO Inc.(NIO)$ Their automated factories are running at full throttle. Ever seen such futuristic assembly lines? $Tesla Motors(TSLA)$ is primed to hit quadruple digits with this momentum