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Continue ReadingTesla CEO Elon Musk has a new social media target: Diversity, Equity and Inclusion...
Continue ReadingTesla's Q4 earnings slightly missed expectations, but the company reported higher GAAP earnings. Read why I think TSLA stock remains a buy...
Continue ReadingElon Musk, CEO of Tesla Inc. (NASDAQ:TSLA), quickly changed his perception of BYD Co. Ltd. (OTC:BYDDY), a Warren Buffett-backed Chinese carmaker that has transformed within one year. During a live Bloomberg interview last year, when Musk was asked about his competitor BYD, he laughed and responded, "Have you seen their car? ... I don’t think they have a great product." Musk said he wasn’t concerned about BYD as a serious competitor in the electric vehicle (EV) market. Don't Miss: This startup is...
Continue ReadingMeta Platforms surprised Wall Street Thursday by initiating a cash dividend. Meta said it would start paying a 50-cent quarterly dividend, which works out to a yield of less than 0.5% with Meta shares surging 13% to $447 in after-hours trading. Meta’s new dividend could broaden Meta’s institutional ownership to investors who want or need dividends in their holdings...
Continue ReadingIt is well known that Tesla Inc. CEO Elon Musk is a huge cryptocurrency proponent. From allowing customers to buy Tesla cars with Dogecoin (DOGE) to seemingly incessant support on social media, Musk has made his adoration for crypto known over the years. However, Musk and Tesla showed that some actions speak louder than words. In February 2021, the company made a landmark investment of $1.5 billion in Bitcoin. The investment was meant to earn extra returns on cash that would have earned little t...
Continue ReadingVolvo, owned by China’s Geely, reported deliveries surged in 2023 to 708K cars, resulting in SEK 399.3 billion ($38.37 billion) in revenue, a 21% jump from a year ago...
Continue ReadingThe company will hold a shareholder vote to decide whether to transfer its state of incorporation from Delaware, its CEO said...
Continue Reading"Delaware is the king of corporate law."...
Continue ReadingAt roughly $12,000 more than a Tesla Model Y and lagging in range, charging and performance, the XC40 Recharge is behind the curve, says Dan Neil, given where the EV market is heading...
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