(Bloomberg) — Tesla Inc. wiped roughly $126 billion off its valuation Tuesday as the stock fell 12% on investors’ concern that Elon Musk may sell shares to complete his $44 billion takeover of T...
Tag: Tesla
Bitcoin Less Volatile Than Tesla and Apple for the Past 2 Years, Claims Binance CEO
Changpeng Zhao – Chief Executive Officer of Binance – believes that bitcoin is less volatile than many stocks of tech giants, including Tesla and Apple. He also said the exchange will “have good news ...
Stocks update: Nasdaq drops 3%, Tesla stock down 10%
Nasdaq fell sharply on Tuesday as US stocks struggled yet again, with the tech-heavy index edging lower amid widespread selling. The index was down 3.4% in early afternoon trading. The S&P 500 was...
Nasdaq Dives 400 Points As Stock Market Correction Intensifies ; Tesla, Nvidia, AMD Stocks Fall Hard
The Nasdaq composite was under heavy selling pressure in afternoon trading Tuesday, weighed down by a sell-off in Tesla stock, which dived more than 10%. Tesla‘s (TSLA) weakness comes one day af...
Dorsey Says He Only Trusts Twitter With Tesla Boss Elon Musk: Is All Praise For His Twitter Offer
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Will Tesla shed value after Gates’ huge short position on the stock?
Tesla Inc. (NASDAQ:TSLA) was in the news this weekend after information that Bill Gates holds a $500 million short position on the stock. The leak comes only days after Tesla released its best perform...
Cathie Wood Thanks Musk for Twitter Deal Despite Tesla Stock Hit
(Bloomberg) — Cathie Wood, a long-time champion of Elon Musk’s Tesla Inc., thanked him for his purchase of Twitter Inc. — a move he said would unleash the site’s “tremendous potential.” Mo...
Fisker CEO Deletes Twitter Account On Concerns About Elon Musk’s Control Of His Free Speech
Car designer Henrik Fisker is targeting younger buyers with the Ocean SUV, with leases priced from $375 a month. Fisker Henrik Fisker, CEO of electric-car maker Fisker Inc., was a high-profile Twitter...
Ford CEO Farley plans to challenge Tesla to become the top EV maker
Ford CEO Jim Farley at the company’s Dearborn, Michigan, plant where it’s building the electric F-150 Lightning on April 26, 2022. CNBC | Michael Wayland DEARBORN, Mich. – Ford Motor plans...
Tesla Stock Plunge Wipes Out $114 Billion In Value As Twitter Deal Sparks Fears
Topline Tesla shares collapsed Tuesday as investors continued to digest the implications of Twitter’s acceptance of CEO Elon Musk’s $44 billion bid for the social media giant, tacking onto already-sta...
Could Elon Musk’s Twitter Deal Give China Influence Over The Site?
Tesla CEO Elon Musk celebrating the opening of the carmaker’s Shanghai plant on Jan. 7, 2020. Xinhua News Agency/Getty Images As the world sorts out the implications of Elon Musk’s bombshell dea...
Tesla Sinks After CEO Musk Agrees to Buy Twitter in $44 Billion Deal
(Bloomberg) — Tesla Inc. shares fell Monday afternoon following news that Chief Executive Elon Musk is buying social media company Twitter Inc. in a $44 billion deal. Most Read from Bloomberg Sh...
More Scrutiny Needed Of U.S. Officials’ Business Ties To China, Says Princeton Professor
Aaron Friedberg, author of “Getting China Wrong,” says “the architects of engagement got China wrong because they underestimated the skill and tenacity” of its leaders. Aaron Friedbe...
Elon Musk Slams ‘Shameless Puppets’ At SEC As New Texts Reveal Feud Around ‘Funding Secured’ Tweet Saga
Topline Tesla billionaire Elon Musk railed against regulators Monday morning after a court filing unearthed dozens of text messages between him and a Saudi investor discussing a deal to take the elect...
Tesla Billionaire Elon Musk Has Suddenly Sent The Price Of ‘Joke’ Bitcoin Rival Dogecoin Sharply Higher
Dogecoin DOGE , the meme-based, tongue-in-cheek bitcoin rival that’s a favorite of Tesla TSLA billionaire Elon Musk, has suddenly leaped higher—even as the bitcoin price dives. Subscribe now to ...
James Anderson of Baillie Gifford on Illumina, Moderna, and Other Companies That Matter
James Anderson, a partner at Scottish money manager Baillie Gifford, has personified growth-stock investing during his 39 years with the firm. He was an early backer of Amazon.com, Tesla, and other “e...
Can We Feed The Clean Energy Beast With Raw Materials Using Fewer Imports?
SOROWAKO, SOUTH SULAWESI, INDONESIA – 2019/03/28: Nickel ore seen being processed at the PT Vale … [+] Indonesia plant. Nickel mining by the PT Vale Indonesia, a nickel plant in Soroako, S...
Twitter Now More Open To Negotiating With Elon Musk On Acquisition, Report Says
Topline Twitter is re-examining Elon Musk’s offer to buy the social media company and has grown more willing to negotiate with the billionaire, the Wall Street Journal reported Sunday, days after the ...
Elon Musk Brings Internet Service Someplace Surprising
Last month, Jonathan Hofeller, vice president of Starlink commercial sales at SpaceX, Elon Musk’s aerospace company, declared that “connectivity on airplanes is something we think is ripe ...
Cathie Wood’s Flagship Fund Is Down 45% This Year. Money Is Still Flowing In.
Cathie Wood’s ARK Innovation exchange-traded fund keeps falling, but investors aren’t jumping ship. Shares of the popular ETF, which is known by its ticker ARKK, have declined 45% so far in 2022—inclu...
Is The Future Of Supercars Electric?
Supercars, and their even more extreme hypercar successors, are the pinnacle of what internal combustion can deliver. Vehicles like the Bugatti Veyron and Chiron, as well as competitors from Swedish K...
Tesla CEO Elon Musk Reveals How He Will Improve Twitter if Bid Succeeds – Featured Bitcoin News
Tesla and Spacex CEO Elon Musk has revealed his priorities for improving Twitter if he successfully takes over the social media platform. Among his promises are to eliminate crypto spam bots, ensure f...
Everything is ready for Tesla’s Robotaxi- The Cryptonomist
Tesla’s Robotaxi takes shape and Elon Musk reveals 44 more details on the sidelines of the opening of the gigafactory in Berlin. Elon Musk’s word, Tesla’s Robotaxi is ready Tesla’s new Robotaxi annou...
Cathie Wood’s Ark Invest Sold $160 Million In Tesla Stock But Splurged On Streaming Giant Roku Amid Netflix Crash
Topline As a rash of disappointing earnings battered the already-struggling technology industry this week, famed stock-picker Cathie Wood, the CEO of New York City’s ARK Invest, cashed in on rec...
Dow Jones Futures Fall After Market Rally’s Ugly Reversal; Tesla Slashes Sharp Gain
Dow Jones futures fell modestly overnight, along with S&P 500 futures and Nasdaq futures. The stock market rally sold off Thursday, with the S&P 500 and Nasdaq hitting resistance at key levels...
Elon Musk Says Bill Gates has a $500 million short position in Tesla
Tesla CEO Elon Musk is irked at Bill Gates. He doesn’t see how Gates, a leading proponent of sustainable energy, could possibly sell Tesla’s stock short. And Musk says Gates is doing just that. In a t...