Elon Musk sells Tesla shares worth US$4bn after Twitter deal
Tesla's shares slumped this week over concerns the CEO would divest stock to fund Twitter's acquisition
Company
Tesla Inc
NASDAQ:TSLA
Tesla Inc designs, develops, manufactures, sells and leases high-performance fully electric vehicles and energy generation and storage systems, and offer services related to its products. The company's segments include automotive, and energy generation and storage.
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Bill Gates has last laugh as Tesla's shares tumble
For the time being at least, Gates seems to have had the last laugh
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Wall Street steady at the close ahead of Big Tech earnings
The Dow closed 0.19% up at 33,302 points and the S&P 500 also finished the day in the green, up 0.21% to 4,184 points. The Nasdaq closed just in the red, down 0.01% at 12,489
Tesla shares tumble as investors fear Elon Musk will sell stock to fund Twitter deal
A 12.2% reduction in Tesla shares, seen yesterday, would equate to a roughly US$21bn reduction in the value of Musk’s stock
Carmakers develop 'battery passport' to track carbon footprint
A group of 11 companies has received €8.2mln to develop a set of standards for collecting and disclosing data, which will soon be required under EU regulations
Musk calls on entrepreneurs to mine lithium as Tesla looks to mass produce robotaxis
Musk called on young entrepreneurs to get into lithium mining, with the metal a key component in electric vehicle batteries
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US stocks weighed down by technology earnings to close in a sea of red
“With the earnings season in full swing and in full focus, investors are reacting to the differing fortunes of companies battling inflationary pressures and a changing interest rate environment," commented Richard Hunter, head of markets at
US judge rejects "gag order" for Elon Musk over 2018 tweet
US District Judge Edward Chen said Musk should be allowed to talk about the case
Tesla ups production target as earnings rocket 250%
Supply chain issues are expected to continue through the rest of 2022
Cathie Wood’s flagship ARK fund slips more than 60% from 2021 peak
The value of the shares the fund holds is down 70% on average from their 5-year highs
Bradda Head Lithium says drilling starts at Eureka project in Nevada
Previous surface sampling identified lithium grades of up to 550 parts per million (ppm) at the project
Tesla's China production problems to be front and centre in Q1 earnings report
In London, miners Rio Tinto and Antofagasta may grab the early headlines
ISA investors top early with Tesla and Lloyds Banking and also Petropavlovsk
31% of Interactive Investor’s ISA millionaires, on average, maxed out the full £20,000 annual allowance between 6 April and the end of the month, with those early-bird investors being approximately £37,632 better-off over 22 years compared
Tesla's Elon Musk sued by investor for 'hiding' stake in Twitter
According to the lawsuit, Musk was required to file a Schedule 13 with the Securities and Exchange Commission when his stake totalled 5%
Tesla, Nio and other EV makers hit by China lockdowns
With lockdowns imposed in several places, including Jilin province and Shanghai where automakers and their suppliers have factories, logistics and retail sales have been disrupted
Tesla's Musk promises Cybertruck and Optimus robot next year
Electric vehicle maker Tesla CEO Elon Musk unveiled plans for a new electric car model at the opening of its newest and largest EV factory in Texas, livestreamed via the internet
Musk, Barra and other motor bosses attend White House EV policy meeting
The Biden administration said there was "broad consensus" on interoperability of charging stations and electric vehicles
Tesla deliveries still miles ahead of rivals despite hiccups
Nearly all automakers have been plagued by a global shortage of computer chips, although Tesla has seemed to cope better than its competitors
Elon Musk, Jeff Bezos and other billionaires face new tax in Biden's 2023 budget
Tesla CEO Elon Musk would pay an additional US$50bn in taxes, it is estimated, while Amazon founder Jeff Bezos would pay around US$35bn more
Tesla plans another stock split
Directors have approved a management proposal, which will be put before shareholders at the upcoming 2022 annual meeting