George Soros seems to have picked his winners in the race for electric vehicles. In any case, the emblematic investor is placing his pawns while car manufacturers are fighting with thunderous announc...
Tag: Tesla
Ice Caps Are Melting Faster, Nikola-Tesla Rivalry Heats Up And Making Green Hydrogen
This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. NurPhoto via Getty Images Researchers at ...
10 Companies That Would Pay More Taxes Under Inflation Reduction Act
Text size Packages ready to be sent at an Amazon center. Thomas Samson/AFP via Getty Images Some major companies, including Tesla and Amazon . com, are likely to face higher tax bills under the $750 b...
The Big Winners—and Losers —in the Inflation Bill
Senate Majority Leader Chuck Schumer (D-NY) helped shepherd the Inflation Reduction Act through the Senate after earlier bills died. Drew Angerer/Getty Images Text size The House won’t take up Democra...
Tesla Rival Rivian is Being Held Back by a Big Problem
The quarters follow each other and look alike for Rivian (RIVN) : Does the young electric vehicle manufacturer have a future? This crucial question is often asked of any new vehicle manufacturer whe...
Ford Raises Price for F-150 Lightning Electric Pickup Truck
Text size Ford’s F-150 Lightning truck previously cost around $40,000 to $90,000. It now ranges up to $96,874. Courtesy of Ford Ford Motor has increased the price of its electric F-150 Lightning...
Tesla CEO Elon Musk Sells Another 7.92M TSLA Shares Worth $6.88B
The SEC filing showed that the Tesla shares were sold between August 5 and 9, a move Musk made after Tesla’s annual shareholder meeting that was held in Austin on August 4th. Elon Musk, the Chief Exec...
Elon Musk Sells Tesla Stock For Nearly $7bn Amid Twitter Skirmish
Elon Musk has sold nearly $7 billion in shares of Tesla. The sale comes amid a legal dispute with the Twitter platform. On Wednesday, August 10, it was announced that Elon Musk had sold almost 7 billi...
Twitter Stock Rises As Elon Musk Sells Tesla Shares, Here’s Why
Twitter shares are up by close to 5% in the pre-market The reaction is likely due to the news that Elon Musk has sold 7.92 million shares of Tesla. The total value of the sold shares is close to $7 bi...
New Technology Brings New Opportunities: U.S.-China Business Forum
Zhonglu Group Vice Chairman George Wang George Wang Technology advances are bringing new ways for U.S. and China businesses to try to work together at a time of geopolitical tension, Zhonglu Group Vic...
Elon Musk Sells Tesla Shares Worth Nearly $7 Billion — Plans to Buy TSLA Stock Back if Twitter Deal Falls Through – Featured Bitcoin News
Elon Musk has sold nearly 8 million Tesla shares worth almost $7 billion. “It is important to avoid an emergency sale of Tesla stock” if Twitter forces him to close the $44 billion deal to buy the soc...
Tesla 500 mile range Semi truck to start shipping this year, followed by the Cybertruck next year, Elon Musk tweets
An earlier version of thisreport had an errant million in the headline. It has been corrected. Tesla Inc. TSLA, +3.76% CEO Elon Musk tweeted Wednesday that a Tesla 500 mile range Semi truck will start...
Tesla Shares Failed To Hold Its 200-Day Simple Moving Average. Here’s How To Trade The Stock Now.
(Photo by Smith Collection/Gado). Getty Images Tesla TSLA tried to breakout above its 200-day simple moving average last week but broke below it on Monday as CEO Elon Musk reduced his holdings. Musk s...
Elon Musk and the billion-dollar sale of his Tesla shares
Between August 5 and 9, Elon Musk sold part of his Tesla shares for a total value of $6.9 billion. This marks the record for the largest billion-dollar sale. Elon Musk sells $6.9 billion worth of Tesl...
Inflation Eased Last Month More Than Expected
AFP via Getty Images Key takeaways Investors spent Monday and Tuesday gearing up for the inflation report this week, released early Wednesday Analysts and economist inflation expectations showed July’...
Elon Musk Sheds $7 Billion In Tesla Shares As Twitter Pushes Back
Elon Musk has been in the limelight recently due to the Twitter deal. There has been a number of back and forth between both parties as the terms of the deal become murky. Amid all of this, billionair...
Nikola Shares Jump On News Of CEO Mark Russell’s Retirement
Topline Nikola CEO Mark Russell will retire at the end of the year, the floundering electric and Hydrogen fuel cell vehicle maker announced Wednesday morning, sending its stock surging in pre-market t...
Elon Musk Dumps $6.88 Billion In Tesla Stock
POOL/AFP via Getty Images Key Takeaways Elon Musk has sold almost $7 billion worth of Tesla stock in recent days, despite announcing in April he had no further sales planned. It brings the total liqui...
‘last thing Tesla investors wanted’
Twitter Inc (NYSE: TWTR) is up 4.0% on Wednesday after Elon Musk said he sold another 7.92 million shares of Tesla Inc (NASDAQ: TSLA). Why did Musk sell Tesla shares? According to the SEC filing, that...
Elon Musk Dumps 6.9 Million Tesla Shares Worth $7 Billion
Tesla CEO Elon Musk has reportedly disposed of nearly $7 billion worth of the company’s stock in recent days as his chaotic Twitter buyout bid still hangs in limbo. Musk, who happens to be Tesla’s lar...
Tesla CEO Elon Musk Sells $6.9B Worth Shares Amid Twitter Storm
3 hours ago | 2 mins read Bitcoin News There were 7,924,107 TSLA shares sold, according to Tesla CEO Elon Musk. In the previous 10 months alone, Musk has sold $32 billion worth of shares. Tesla CEO El...
Tesla CEO Elon Musk, Predict Upcoming Recession and Inflation
At the recent meet-up of Tesla shareholders, Elon Musk predicted about the US economy. Mild recession will seen in the next eighteen months while the inflation is at its peak. Musk’s Prediction on Rec...
Elon Musk Sells $6.9 Billion of Tesla to Avoid Twitter Fire Sale
(Bloomberg) — Elon Musk sold $6.9 billion of his shares in Tesla Inc. the billionaire’s biggest sale on record, saying he needed cash in case he is forced to go ahead with his aborted deal to bu...
Dow Jones Futures: Inflation Report Looms For Market Rally; Elon Musk Sells More Tesla Stock
Dow Jones futures tilted higher overnight, along with S&P 500 futures and Nasdaq futures, with the July CPI inflation report on tap before Wednesday’s open. Elon Musk sold $6.9 billion worth...
Elon Musk Sells $6.9 Billion Of Tesla Stock
Topline Elon Musk sold roughly $6.9 billion worth of Tesla stock over the past week, according to new Securities and Exchange Commission filings, in a surprise offload that comes more than three month...
GM Outsells Tesla In July As Semiconductors & Clean Tech Outperform
Key News Asian equities were largely higher on light volumes. Japan and Hong Kong were off slightly while India (Moharram), Pakistan (Ashura), and Singapore (National Day) were closed for the holiday....
Tesla sells 64% less China-made vehicles in July as TSLA remains flat
Tesla (NASDAQ: TSLA) China-made vehicles seem to be grabbing attention yet again, after the numbers on vehicles sold just came out on August 9. In short, the electric vehicle (EV) manufacturer sold 28...
Dow Jones Fades; Tesla Up After Elon Musk Issues This Twitter Challenge; AMC Stock Rockets
The Dow Jones Industrial Average was struggling to stay positive while other indexes reversed. Tesla (TSLA) CEO Elon Musk issued a challenge to Twitter (TWTR) amid their ongoing takeover battle. AMC E...