Posts in tag

Musk


The market value of Tesla Inc’s (TSLA.O)bitcoin holdings have fallen by half to $1.26 billion, close to the electric car maker’s purchase cost, as the cryptocurrency’s value plunged following a crackdown by the Chinese government. Shares of Tesla Inc (TSLA.O) were 3% lower on Wednesday afternoon, down more than broader U.S. market indices. Chief Executive …

Here are five things you must know for Monday, May 17: 1. — Stock Futures Fall After Wall Street’s Rough Week Stock futures traded lower Monday as Wall Street came off a rough week driven by concerns over what effect rising inflation would have on the U.S. recovery. Contracts linked to the Dow Jones Industrial …

Yuriko Nakao | Getty Images News | Getty Images Dogecoin soared early Friday after a tweet from supporter Elon Musk, and as Coinbase said it would list the meme-inspired cryptocurrency. The price of dogecoin rose to an intraday high of around 56 cents at 3 a.m. ET, according to data from Coin Metrics. As of …

The TESLA logo is seen outside a dealership in the Brooklyn borough of New York City, U.S., April 26, 2021. REUTERS/Shannon Stapleton Tesla Inc’s (TSLA.O) top boss Elon Musk said in a series of tweets on Wednesday that the company expects to release a significantly improved version of its full self-driving technology within the next …

Elon Musk showed a combination of humility and hubris as he opened his highly anticipated hosting gig on “Saturday Night Live.” The 49-year-old Tesla CEO, SpaceX founder and one of the world’s richest men opened his monologue by mocking his monotonal speaking style, saying no one can tell when he’s joking. “It’s great to be …

Blue Origin, the space rocket company backed by billionaire Jeff Bezos, is formally challenging the $2.9 billion moon lander contract awarded by NASA to rival Elon Musk’s SpaceX. The two richest men in the world have been sparring in a tightly fought global space race, vying for contracts from government agencies and businesses. Blue Origin …

Tesla CEO Elon Musk’s tweets are the subject of another lawsuit. A Tesla investor is suing the company board and Musk for continuing to send “erratic tweets” that violate a settlement with the U.S. Securities and Exchange Commission that requires oversight of his social media activities. The lawsuit, which was first reported by Bloomberg, claims …

The move followed skeptical comments from Tesla CEO Elon Musk, Treasury Secretary Janet Yellen and Microsoft (MSFT) co-founder Bill Gates. Prices stabilized around $48,000 in early trading Tuesday, but that’s still a more than 10% drop from Monday’s levels. But even Musk is starting to show concerns about bitcoin’s surge, noting in a tweet on …

InvestorPlace 10 Dividend Stocks Increasing Their Payouts There are two types of dividend stocks: those that increase their annual dividend payments year after year, often referred to as Dividend Aristocrats, and those that grow their annual dividends by double-digit percentages every year. In early January, Rob Carrick, one of Canada’s best personal finance columnists, wrote …

Tesla boss Elon Musk Bitcoin has hit record highs for a second day after Elon Musk’s car company Tesla said it had bought about $1.5bn (£1.1bn) of the cryptocurrency. Bitcoin rose above $48,000 (£34,820) before falling back slightly, but it remains 25% higher than five days ago. Some investors took Tesla’s move as a signal …