Celebrating 200 years of rail travel at The Greatest Gathering of trains
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Elon Musk Says $150K Investment In Tesla 'Probably' Makes You A Millionaire
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk thinks investing $150,000 in the EV giant's stock could yield high returns for the investor. Check out the latest price of Tesla stock here. Investing In Tesla Could Make You A Millionaire, Elon Musk Says On Tuesday, a user on social media platform X, Cole Grinde, shared a screenshot of Tesla stock performance since it first went public in 2010, with the caption "$150,000 invested in Tesla will most likely make you a millionaire."Trending: The same firms that backed Uber, Venmo and eBay are investing in this pre-IPO company disrupting a $1.8T market — Responding to the post, Musk agreed with the caption. "I think this is probably correct," the billionaire said on Musk Set For $29 Billion Package As Tesla Sales Decline Musk is all set to receive over 96 million Tesla shares as part of his CEO compensation award. The shares amount to over $29 billion in value. However, it's still shy of the $56 billion package originally approved by the Tesla board before being overruled by a Delaware judge in 2024. Despite this, Tesla's sales are falling in multiple markets across the world, with European sales down in double-digit percentages in countries like France and the UK, where Tesla delivered 987 units in July, marking a 60% Robotaxi Plans Face Criticism, Rival BYD Announces Luxury-Focused European Expansion Tesla's Robotaxi faced criticism from analysts like Future Fund LLC's investor Gary Black, who said that the EV giant isn't the only one that will "master unsupervised autonomy." Elsewhere, the company announced it would be expanding its ride-hailing service in the San Francisco Bay Area. However, it's worth noting that the ride-hailing service isn't a Robotaxi as there will be a safety driver present in the car at all times. Meanwhile, Tesla rival BYD Co. Ltd. (OTC:BYDDY) (OTC:BYDDF) announced it was bolstering its presence in the European market by introducing its two sub-brands, Yangwang as well as Denza, into the region next year. Tesla scores well on Momentum, Quality and Growth metrics, but offers poor Value. For more such insights, sign up for Benzinga Edge Stock Rankings today! Read Next: 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. You can invest today for just $0.30/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? Photo courtesy: Mijansk786 / This article Elon Musk Says $150K Investment In Tesla 'Probably' Makes You A Millionaire originally appeared on
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9 hours ago
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Drivers delayed after car crashes into barrier on A12
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Gwent woman left without a car after Citroen recall
A Gwent woman says she has been left without a car after her vehicle was recalled for safety reasons. Suzanne Bevington from Abertillery has been left without a car, without clear answers, and without any practical help. She owns a 2016 Citroën DS3, one of the models caught up in the Takata airbag recall crisis. Since being told on June 30 not to drive her car, she's faced confusion, delays, and a complete lack of support. 'We've all been left in the dark," she said. "You can't get information and appointments to do the repair are just cancelled. We're all told contradictory things. 'It would be nice to know why the recall happened. I have asked and had no reply. Was it caused by an accident or are airbags just exploding as the car is being driven? It's vital that we know the answer to these questions.' Her recent appointment at Newport's Spellantis Garage was cancelled, and the garage refused to fit a Citroën C1 airbag to her DS3, despite two other dealers confirming this is possible, Suzanne said. With no courtesy car, no recovery van, Suzanne can't get to work and wonders how she will get her car to the garage. Police have begun actively checking drivers of certain Citroën and DS vehicles affected by the Takata airbag recall. Around 120,000 cars are affected. Parkers has reported the recall was triggered by a fatal accident in France involving a 2014 Citroën C3, where the airbag exploded, firing metal fragments into the cabin. Takata airbags are known to degrade over time, especially in humid or hot conditions. Parkers, one of the UK's leading automotive websites, has experienced difficulty in contacting Stellantis' recall line. They further report that one dealer never answered, while another offered a cancellation slot in mid-August. Regular bookings are now stretching into October and beyond. Suzanne has said people in Gwent are chattering about slots in January. Stellantis has now authorised Peugeot dealers to carry out repairs to help ease the backlog. One dealer mentioned that the RAC is offering mobile repairs via though availability continues to remain unclear. If you own one of the affected Citroën or DS models, do not drive the car if advised not to. Risk of injury or death from a faulty airbag is real. Suzanne, who works as a carer, said: 'I want my car and clear answers. I can't afford a hire car and I can't get to work. I'm eft in the dark and no one will speak about what's going on. They've got to sort this out.' Parkers advise staying persistent with dealers or Stellantis customer service. Clarify your insurance status if you've received a stop-drive notice and never assume you are covered. Stellantis says dealers are under pressure, with repairs delayed until 2026 due to limited airbag supply and high demand. They say they are prioritising vehicles based on risk factors and expanding operations across their network: 'Stellantis remains fully committed to acting swiftly, transparently, and responsibly.' Meanwhile, Citroën urges drivers of affected vehicles to stop driving and check details at VIN at
