Bitcoin accept here iStock “Lettuce hands” is an expression some people use to describe an investor who sells their Bitcoin at the first sign of trouble, often at a loss. An example of its use in a sentence might be: “Elon Musk has lettuce hands because he sold 75% of Tesla’s Bitcoin holdings in the…
Herbert Diess, chief executive officer of Volkswagen AG, who is leaving at the end of August. … [+] Photographer: Krisztian Bocsi/Bloomberg © 2022 Bloomberg Finance LP A software spat probably triggered the demise of Volkswagen group CEO Herbert Diess but he was ultimately the victim of the weird and unwieldy management structure which allows politicians…
Elon Musk’s Tweet displayed on a screen and Twitter logo displayed on a phone screen (Photo … [+] illustration by Jakub Porzycki/NurPhoto via Getty Images) NurPhoto via Getty Images Elon Musk talks and tweets a lot about taxes, from how much he should pay on selling Tesla stock to high California taxes and why he…
BYD unveiled three EV models for the Japan market at a conference in Tokyo on Thursday. BYD China-headquartered BYD, the world’s largest maker of electric vehicles, held a press conference in Tokyo on Thursday to unveil plans to enter Japan’s passenger vehicle market with three models: Atto 3, Dolphin, and Seal. China’s auto sales top…
Charger with Tesla logo at a Supercharger rapid battery charging station for the electric vehicle … [+] company Tesla Motors, in the Silicon Valley town of Mountain View, California, August 24, 2016. (Photo by Smith Collection/Gado/Getty Images). Getty Images Tesla has made a big contribution to the world by showing that electric vehicles are a…
Topline Shares of Tesla jumped late on Wednesday after the company reported second-quarter results that largely beat Wall Street expectations, despite analyst concerns about production taking a hit from months of Covid lockdowns in China. Tesla ended its streak of record profits after a decline in the second quarter. Matt Rourke/ASSOCIATED PRESS Key Facts Tesla’s…
Elon Musk’s Tweet displayed on a screen and Twitter logo displayed on a phone screen (Photo … [+] illustration by Jakub Porzycki/NurPhoto via Getty Images) NurPhoto via Getty Images It has been a wild ride, and it’s not over yet. First there was the offer by Elon Musk to buy the social media giant, the…
Earnings and the US dollar in focus this week. (Photo by Alfred Gescheidt/Getty Images) Getty Images Key Takeaways Earnings Will Be Focal Point Rate Increase Not As Bad As Feared Dollar Weakening Last week kicked off earnings season with bank stocks such as JPMorgan, Morgan Stanley MS and Wells Fargo WFC all having reported. This…
Tesla CEO Elon Musk (AP Photo/Matt Rourke, file) Copyright 2021 The Associated Press. All rights reserved. Financial media is obsessed with the ongoing saga of Elon Musk versus Twitter TWTR . The latest development: Twitter filed a lawsuit against Musk yesterday after he announced he was pulling out of the $44 billion deal to buy…
Getty Images Key takeaways TSLA shed over 4% intraday Tuesday before rebounding to close up 2.55% in the session The initial Tesla stock shock occurred after Tesla announced fewer-than-expected vehicle deliveries in Q2 A temporary shutdown at the company’s new Giga Berlin factory also played into stock prices Tesla stock took a sudden dive early…