Posts in tag

Frenzied


Tesla shareholders filed a lawsuit against the company in 2016 alleging that CEO Elon Musk pushed the company to buy SolarCity to enrich himself. They say it was a breach of fiduciary duty. Last Thursday, a bunch of depositions (including one of Musk) and documents included in the suit were published on the website PlainSite, …

SHANGHAI (Reuters) – Trading on China’s new Nasdaq-style board for homegrown tech firms hit fever pitch on Monday, with shares up as much as 520% in a wild debut that more than doubled the board’s combined market capitalization and beat veteran investors’ expectations. Sixteen of the first batch of 25 companies – ranging from chip-makers …