Elliott Management's position is worth several billion dollars, according to The Wall Street Journal. Read More...
Motley Fool
Better Buy: Tesla vs. Alphabet Stock
Tesla (NASDAQ: TSLA) and Google parent-company Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) may not have a lot of similarities in terms of the products and services that they sell. Tesla and Alphabet are both high-margin businesses that generate a ton of free cash flow (FCF), which can be used to accelerate investments, keep debt off the balance sheet, repurchase stock, and make strategic acquisitions. Demand for consumer-discretionary products — like cars, as well as ad budgets — decline during a weakening economy, and this could impact the growth of Tesla and Alphabet in the short term.
