Tesla Inc
New filing reveals the full story behind Musk’s bid to buy Twitter
The official profile of Elon Musk on the social network Twitter. Rafael Henrique | Lightrocket | Getty Images A new filing with the Securities and Exchange Commission sheds light on the Twitter board’s early conversations with billionaire Elon Musk as he decided to join the board, and later, abandon that plan and try to take […]
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Tesla stops taking orders for Cybertruck outside North America
Tesla co-founder and CEO Elon Musk gestures while introducing the newly unveiled all-electric battery-powered Tesla Cybertruck at Tesla Design Center in Hawthorne, California on November 21, 2019. FREDERIC J. BROWN | AFP | Getty Images U.S. electric vehicle manufacturer Tesla has stopped taking orders for its upcoming Cybertruck pickup truck outside of North America, according […]
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Twitter stock has lost all of its gains since Elon Musk disclosed his stake
In this photo illustration, Twitter account of Elon Musk is seen on a smartphone screen and Twitter logo in the background. Pavlo Gonchar | Lightrocket | Getty Images Twitter shares have given up all of their gains since Elon Musk disclosed last month that he’d bought a 9% stake in the company. The stock tumbled […]
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5 things to know before the stock market opens Monday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Dow set to open slightly lower after 7 straight weeks of selling Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 13, 2022. Brendan Mcdermid | Reuters U.S. […]
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Tesla delays plan to restore Shanghai output to pre-lockdown levels, memo shows
A Tesla store is seen in Shanghai, China, Feb 1, 2022. Costfoto | Future Publishing | Getty Images Tesla has delayed a plan to restore production at its Shanghai plant to levels before the city’s Covid -19 lockdown by at least a week, according to an internal memo seen by Reuters. The U.S. electric car […]
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After the ‘hippie’ bus and the Beetle, VW has its eyes on America once again
As Volkswagen looks to resurrect the Scout brand in the United States, CEO Herbert Diess has shed light on the decision, saying it represents an opportunity for the German auto giant to “become much more American.” VW announced plans to re-launch the Scout as a fully-electric pick-up and “rugged” SUV last Wednesday, with prototypes due […]
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Elon Musk wants to know how many fake accounts Twitter has, but experts say his approach is all wrong
Tesla CEO Elon Musk sent Twitter shares tumbling on Friday when he said he was going to put his $44 billion acquisition of the social network “on hold” while he researches the proportion of fake and spam accounts on the platform. Though Musk later clarified that he remains committed to the deal, he continued to hammer […]
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Twitter CEO expects Musk deal to close but is preparing for other scenarios
Parag Agrawal named Twitter CEO on Nov 29th, 2021. Courtesy: Twitter Twitter CEO Parag Agrawal said Friday that he still expects the sale to Elon Musk to go through, but he’s continuing to run the company in case it doesn’t. “While I expect the deal to close, we need to be prepared for all scenarios […]
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Historic tech sell-off is a ‘generational buying opportunity’ for the ‘right’ stocks, says analyst Dan Ives
The tech-sell off is not the second dot-com bubble — it’s a “buying opportunity” for the right stocks, according to Wedbush Securities’ Dan Ives. “We view this historic sell-off as more of a generational buying opportunity for the right tech names/ winners in 2023 and 2024 rather than a time to throw in the towel […]
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Elon Musk can’t just walk away from his Twitter deal by paying a $1 billion breakup fee
Musk’s plan to buy Twitter has worried policymakers around the world. Joe Skipper | Reuters Elon Musk can’t just walk away from his deal to acquire Twitter by paying an agreed-upon $1 billion breakup fee. It’s not that simple. Musk Friday tweeted that he has decided to put his acquisition of Twitter “on hold” as […]
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