Galileo Russell, author at Seeking Alpha and founder of Hyperchange TV, discusses why he is still betting big on Tesla.
Cheddar Anchor, Kristen Scholer presses him on whether investors should be worried about the fact that the company has yet to be profitable. Russell adds that profitability shouldn't be a concern because he doesn't think that's the company's goal right now.
He estimates that by the end of the year, Tesla stock will be worth $400 a share if it's able to meet Model 3 demands.
The world's largest cryptocurrency exchange Binance and its founder Changpeng Zhao are accused of misusing investor funds, operating as an unregistered exchange and violating a slew of U.S. securities laws in a lawsuit filed by the SEC.
Apple on Monday unveiled a long-rumored headset that will place its users between the virtual and real world, while also testing the technology trendsetter's ability to popularize new-fangled devices after others failed to capture the public's imagination.
Customers of Venmo, PayPal and CashApp should not store their money with these apps for the long term because the funds might not be safe during a crisis, the Consumer Financial Protection Bureau warned on Thursday.
