A proposed tax policy in Washington aims to index capital gains to inflation, potentially reducing Elon Musk's future tax bill on his roughly 700 million Tesla shares by hundreds of millions to billions of dollars. The change would mainly affect Musk's long-held shares from 2004, increasing their cost basis and lowering taxable gains. However, shares from recently exercised options would see little benefit. The policy is not yet law and faces political hurdles due to its potential impact on the national debt. Investors should view this as an example of how inflation indexing might affect large, concentrated stock holdings rather than a prompt to change investment strategies now.
Tesla has rebranded its Full Self-Driving (FSD) system as "Assisted Driving" in Europe following criticism from German regulators who called the original name misleading. The German Federal Ministry of Transport clarified that the system assists with...
Tesla has renamed its advanced driver assistance system in Europe from "Full Self-Driving (Supervised)" to "Tesla Assisted Driving" following concerns from Germany's transportation ministry that the original name was misleading. The change aims to be...
Tesla's stock rose 3% following its rebranding of its driver-assistance software in Europe, dropping the controversial 'Full Self-Driving' label that European regulators opposed. The new name, Tesla Assisted Driving, reflects a more restricted versio...
Tesla is investing heavily with record deliveries and growing services, but earnings are down and free cash flow is negative. The stock will likely become a conviction buy only if Tesla achieves sustained positive free cash flow despite high capital ...
Despite Tesla stock being in a bear market over the past year, AI models like ChatGPT and Gemini predict a strong bull rally by 2030, with average price targets of $532.12 and $464.24 respectively. This forecast suggests a potential upside of around ...
