Tesla is in the news again today. No, not because of GameStop.

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Tesla had revenues of $10.74 billion in the fourth quarter of 2020, beating Wall Street estimates. However, it missed on earnings. Tesla had revenues of $10.74 billion in the fourth quarter of 2020, according to its earnings released today after the markets closed. That’s 46% more than the $7.38 billion it reported in the final quarter of 2019—and above the $10.4 billion analysts has expected. Read Full Story

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Tesla stock drops after Elon Musk’s confounding tweet

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“Tesla stock price too high imo,” the billionaire mogul tweeted Friday. Following a stellar earnings report from Tesla, in which its earnings per share soared above analyst bets, Tesla’s stock rocketed to a monthly high on Wednesday. CEO Elon Musk, who has apparently had his fill of Earth-shattering successes, decided to snuff out the rise. Read Full Story

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Tesla ranks dead last on J.D. Power’s automobile quality survey

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Elon Musks’s car company came in dead last in the rankings. The good news for Tesla? The only way to go next year is up. J.D. Power has released its Initial Quality Study for 2020. The study, which ranks cars by the number of problems they have per 100 vehicles in the first 90 days of ownership, is in its 34th year now. And if you’re Dodge or Kia driver, you’ll probably be very excited about this year’s rankings. But if you’re Tesla fan, well . . . Read Full Story

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