Latest news with #CrazyElon
Yahoo
2 days ago
- Business
- Yahoo
Dave Portnoy's $10 Million Elon Musk Bet Pays Off As Tesla Soars 12% In Two Weeks: 'That's A Million Bucks'
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Barstool Sports founder Dave Portnoy has seemingly hit his mark on a high-stakes $10 million Tesla Inc. (NASDAQ:TSLA) trade he made two weeks ago. Check out the current price of TSLA stock here. What Happened: On July 8, Portnoy posted a video on X, claiming to have bet $10 million on Tesla shares, likely around $293 per share, where the stock was trading at the time. 'Update – I bought the 10 milly $TSLA hoping for 10% bounce in 2 weeks or less,' Portnoy posted on X, tagging the move as a #CrazyElon play, referring to CEO Elon Musk's decision to form a new political party, dubbed 'The America Party,' which led to a nearly 7% drop in the stock. Trending: GoSun's Breakthrough Rooftop EV Charger Already Has 2,000+ Units Reserved — Portnoy said in the video that he aims to make 10%, or 'a million bucks' from the trade, which he promptly plans to take to the Saratoga Race Course in New York. Now, a little under two weeks later, Portnoy's trade has already hit its target, with the company closing at $329 a share on Friday, a gain of 12.28%. Portnoy, who regularly shares his latest sports wagers and their results on his X account, is yet to provide an update on this trade. Why It Matters: Tesla shares have been increasingly under pressure owing to Musk's political activities in recent months, with analyst Dan Ives of Wedbush Securities saying that his stint in the White House may have hurt the brand. Musk's recent fallout with President Donald Trump made things worse for his companies, with the latter threatening to terminate billions in government contracts. According to a survey of Benzinga readers, 71% believe that Tesla's shares will fall over the next 12 months, owing to Musk's renewed political push. Read Next: Named a TIME Best Invention and Backed by 5,000+ Users, Kara's Air-to-Water Pod Cuts Plastic and Costs — And You Can Invest At Just $6.37/Share If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it? Image via Shutterstock This article Dave Portnoy's $10 Million Elon Musk Bet Pays Off As Tesla Soars 12% In Two Weeks: 'That's A Million Bucks' originally appeared on
Buzz Feed
06-06-2025
- Entertainment
- Buzz Feed
21 Hilarious Nicknames Donald Trump Should Call Elon Musk
Donald Trump has been known to give nicknames to the people he hates. There's Cocaine Mitch. Who could forget Tiny D? I wish he stuck with Meatball Ron, TBH. And my personal favorite, Mini Mike Bloomberg. Considering their breakup, it's fair to assume Trump will give Elon a nickname of his own, and The Lincoln Project asked people to suggest some possible nicknames. Here are some of the best ones: "Musk-Rat" "Space Baby" "Wee-lon" "Eloon" "Space Karen" "Crazy Elon" "Elon Dust" "Squealing Elon" "Egomaniac Elon" "Crybaby Elon" "Tesla Twerp" "Musky Musk and the Funky Nuts" "Elon Bust" "The Martian" "Rocket Boy" "Sleaz-on" "Testicla" "Medicore Musk" "Elien" "Erratic Elon" And lastly, "Manic Musk" Thoughts? Feelings? Suggestions of your own?
