Tesla Stock Plunge Wipes Out $128 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-staggering losses spurred by the Federal Reserve’s looming interest rate hikes. “Tesla shareholders can’t be happy” about the Twitter deal potentially diverting Elon Musk’s … [+]…

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-staggering losses spurred by the Federal Reserve’s looming interest rate hikes. “Tesla shareholders can’t be happy” about the Twitter deal potentially diverting Elon Musk’s … [+]…

Why We’re Revisiting Our Stance On Tesla Stock

22 February 2022, Hamburg: The Tesla logo can be seen on a smartphone against a red background. … [+] Photo: Daniel Reinhardt/dpa (Photo by Daniel Reinhardt/picture alliance via Getty Images) dpa/picture alliance via Getty Images Tesla TSLA posted a better-than-expected set of Q1 2022 results, with revenues growing by 81% year-over-year to $18.76 billion, and…

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 electric carmaker private—fanning the flames of a four-year-old spat that forced Musk to step down as Tesla chairman and pay $40 million in penalties…

Stocks Fall, Rates Climb Ahead Of Big Earnings Week That Includes Netflix And Tesla

Topline The stock market moved lower on Monday—extending a recent losing streak—while rates surged ahead of a big week of quarterly earnings results, with investors remaining nervous about the impact of surging inflation on corporate profits and consumer spending. Investors are closely watching how inflation hits highly anticipated earnings from American … [+] Airlines, United…