Google (GOOG) May Make $1B Investment in Musk's SpaceX
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/5/2026
- Dow jumps to record closing high after soft US jobs data, Nasdaq down with chip shares
- Goldman's Garrett sees investors dialing back tech exposure into H2
- AI chip winners may face tougher road ahead as hyperscalers catch up: JPM
- Oil gains on short-covering buys ahead of US holiday
- Rivian stock jumps 5% on raised delivery outlook
Tesla (TSLA) May Be the Amazon of EVs - Morgan Stanley
January 21, 2015 10:35 AM ESTRecently Tesla Motors (NASDAQ: TSLA) investors were taken back by comments from CEO Elon Musk that there would potentially be no US GAAP profitability before 2020. Today, Morgan Stanley analyst Adam Jonas weighed in on the comments saying he believes Elon "meant what he said". Jonas said Tesla's growth and ambition may expose Tesla to risks investors have not prepared for. "IsTesla the Amazon of EVs?," he asks - suggesting a consistently unprofitable company but a great stock.
Musk's 'no US GAAP profitability by the year 2020' comments compared to Jonas' forecast of Tesla... More
SpaceX Affirms Raising $1B; Google (GOOG), Fidelity to Own Just Under 10%
January 20, 2015 4:26 PM ESTSpaceX says Google (NASDAQ: GOOG) (NASDAQ: GOOGL) and Fidelity have invested $1 billion and will own just under 10 percent of the company.
The following was posted to the SpaceX blog on Tuesday:
Space Exploration... More
