No Name, Elon Can't Stop, Won't Stop

[Image]( EMAIL}/redirect (Advertisement) Posted on Thursday, January 23rd, 2020 by Jeff and Jason on Raging Bull High AF Elon and Grimes' new bundle of joy is going to be hella rich. Tesla's stock continued its run yesterday, gaining over 8% and hitting $594.50. The price increase resulted in the company's market value topping $100B for the first time, surpassing Volkswagen as the number two automaker by market value behind Toyota. Check your numbers Consider this: Tesla surpassed VW's market value ($99B) while the former emission scandalized automaker sold roughly 30 times more vehicles than Elon and the gang. But even CEO Herbert Diess thinks that Tesla is more than just a "niche manufacturer." Diess and his internal VW team believe that connected vehicles are the next cell phones. EMAIL}/redirect (Advertisement) Short circuit During this meteoric rise, you know Elon has been having a ball. And he only stands to gain more as a "short squeeze" has forced short sellers to buy back shares of TSLA, only sending the price higher. The $100B level is key for Elon as the board offered him performance-based stock options that could net him up to $55B over the next decade. Step one is maintaining a $100B level on a 30-day and six-month moving average, which would earn him $346M. The bottom line ... While it was definitely touch-and-go for a while, it's clear that analysts see value in Tesla despite the lower volume the company produces. The key is the technology used inside the vehicles and the development of the batteries used to run the vehicles. If Elon can continue scaling up production, which seems probable, Tesla might just be getting started. EMAIL}/redirect (Advertisement) ☑️ Face the music. Amazon is sharing its Amazon Music metrics for the first time ever. And Apple should be afraid. Very afraid. Amazon's Spotify rip-off is closing in on Tim Apple's offering, boasting 55M customers compared to Apple's 60M. Spotify last reported 113M paying subscribers and 248M overall ... putting it in a league of its own. But Amazon has made sure to differentiate itself in at least one way. With options, baby. Amazon offers 5 tiers of service ranging from a Pandora knock-off (read: radio with ads) to a premium version that features higher quality sound. Of course, Amazon does pull in a significant amount of its 55M customers via Prime subscription discounts. ☑️ Trump jets. Before he bounced, Trump left Davos attendees with a lot to digest, most notably that he isn't afraid of a trade war with the EU. Fresh off the Phase 1 trade deal with China, Donny Politics took the opportunity to remind the EU that he could place tariffs on European cars if they aren't down to make a deal. You might remember that in July of 2018 the US and EU agreed to work towards a deal. And that's been going about as well as nuclear negotiations with North Korea. ☑️ Every action has an equal and opposite reaction. "No pressure." - everybody to Bill Abbott. The CEO of the Hallmark Channel's parent company is "stepping down." The news follows a tumultuous holiday season, traditionally Hallmark Channel's busiest time of the year, during which Bill couldn't make up his damn mind. In November Abbott indicated that the Hallmark Channel would be open to LGBTQ-friendly programming. So far so good. But sh*t hit the fan when Hallmark ran an ad featuring two women getting married. Turns out conservatives were not fans and Hallmark pulled the promo. Of course, this prompted a backlash from the LGBTQ community ... which caused Abbott to reverse his decision. There is no official indication that this is what did in the 11-year Hallmark Channel vet, but it probably didn't help. ☑️ Hey, it could be worse. Johnson & Johnson's latest earnings report falls into the "certainly not as horrific as it could have been considering the company has 100k pending lawsuits against it" category. Profit and sales rose for the pharma company's Q4 but while its earnings beat estimates, sales missed expectations. Shares fell 0.6% on the day. J&J has its pharmaceutical (thanks, cancer!) and consumer divisions to thank for carrying the team on its back. EMAIL}/redirect (Advertisement) To get Exclusive Offers make sure you grab your cellphone (which you are probably doing right now) and join our VIP text messaging list (standard text and messaging rates may apply)to make it even easier, if you are on your cell phone now click this Button Below: [SIGN ME UP NOW]( © 2019 PTE.la PTE, LLC (publisher of PTE.la) is NOT registered as an investment adviser nor a broker/dealer with either the U. S. Securities & Exchange Commission or any state securities regulatory authority. 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