Musk Sells $6.9 Billion of Tesla Shares After Saying He Was Done

(Bloomberg) — Elon Musk sold $6.9 billion of shares in Tesla Inc. according to regulatory filings Tuesday, just months after saying he didn’t plan to sell any more stock in the pioneering electric-car maker. Most Read from Bloomberg Tesla’s chief executive officer offloaded about 7.92 million shares on Aug....

Tesla Has A Growing Pile Of Challenges

Justin Sullivan Tesla (NASDAQ:TSLA) is in trouble. The company is, unfortunately, starting to deal with the effects of growth at all costs. It has substantial costs, increased competition, and now the chance of losing one of its largest markets. As we’ll see throughout this article, the company is, in...

Why Bed Bath & Beyond Stock Plunged Today

What happened Shares of Bed Bath & Beyond (BBBY -14.20%) sank on Tuesday, reversing some of their recent gains. By the close of trading, the retailer’s stock price was down more than 14%. So what Before today, Bed Bath & Beyond’s shares had soared 124% over the prior month....

Future of cryptocurrency in the balance as Bitcoin prices plummet

Aug. 8—Investors around the world are questioning the future of cryptocurrency as federal regulators attempt to rein in the industry and prices continue to drop, begging the question: Where is crypto headed? In recent reports, the cryptocurrency market has lost more than $2 trillion since its peak in November...

Research Shows Fears Are Rising As Economy Hurtles Towards Recession

(MENAFN– Investor Ideas) August 9, 2022 (Investorideas.com Newswire) A new study by Safe Trade Binary Options shows that the number of US Google searches for ‘recession’ is growing as worries mount that an economic slowdown is on the way. Research shows that recession-related searches peaked twice, once July 12-18,...

Would some aspects of a recession actually be good for the economy?

Reuters The first Ukraine grain cargo refused by buyer -Ukrainian embassy in Lebanon The Razoni, the first ship to depart Ukraine under an U.N.-brokered deal, is looking for another port to unload its grain cargo as the initial Lebanese buyer refused delivery citing a more than five-month delay, Embassy...

Elon Musk sells massive $6.5 billion chunk of Tesla (TSLA) stake

Tesla has disclosed that CEO Elon Musk sold around $6.5 billion worth of Tesla (TSLA) shares last week. It’s a significant chunk of his Tesla stake, but the reason behind the sale is unknown as of now. A Twitter settlement maybe? Today, Tesla released a series of SEC filings...