Elon Musk - Financial Daily News Site

Tesla Stock Can Jump Another 50% Thanks To ‘Superior’ Growth In The Years Ahead, Analysts Say – Forbes

Tesla Stock Can Jump Another 50% Thanks To ‘Superior’ Growth In The Years Ahead, Analysts Say - Forbes

Topline Tesla’s stock jumped on Thursday after yet another analyst upgraded the stock to a buy rating, with many experts on Wall Street remaining optimistic that Elon Musk’s electric-vehicle maker still has massive upside and long-term growth potential despite a selloff. The selloff in Tesla shares this year presents an “attractive entry point” for investors, … Read more

The Twitter Deal Doesn't Hinge on Financing. Elon Musk Can Still Afford It. – Barron's

The Twitter Deal Doesn't Hinge on Financing. Elon Musk Can Still Afford It. - Barron's

Text size Elon Musk gestures as he speaks during a press conference at SpaceX’s Starbase facility near Boca Chica Village in South Texas. Jim Watson/AFP via Getty Images As the Twitter/ Elon Musk drama drags on, there are new questions about deal financing. The stock reactions show the market believes Musk is rich enough to … Read more

Business Highlights: Twitter deal doubts, stocks end higher – The Associated Press – en Español

Business Highlights: Twitter deal doubts, stocks end higher - The Associated Press - en Español

___ Musk threatens to walk away from Twitter deal DETROIT (AP) — Elon Musk is threatening to end his $44 billion agreement to buy Twitter, accusing the company of refusing to give him information about its spam bot accounts. Lawyers for the Tesla and SpaceX CEO made the threat in a letter to Twitter dated … Read more

Wall St Week Ahead-U.S. stock market rebound faces key inflation test – Devdiscourse

Wall St Week Ahead-U.S. stock market rebound faces key inflation test - Devdiscourse

A rally that lifted U.S. stocks from the brink of a bear market faces an important test next week, when consumer price data offers insight on how much more the Federal Reserve will need to do in its battle against the worst inflation in decades. Despite a rocky week, the S&P 500 is still … Read more

Elon Musk opens door to a Tesla talent exodus – bdnews24.com

Elon Musk opens door to a Tesla talent exodus - bdnews24.com

The Tesla chief executive’s intentions, conveyed in an internal email seen by Reuters, are rooted in what he described as his “super bad feeling” about the US economy. Some of the nearly 100,000 people employed at the electric carmaker may already be considering their options after Musk issued them with a return-to-office ultimatum this week. … Read more

US STOCKS-Wall St slides as solid jobs data supports rate hike bets – Devdiscourse

Unsold housing stock marginally rises to 9 lakh units in March quarter across top eight cities - Devdiscourse

U.S. stock indexes fell on Friday as a solid jobs report supported the view that the Federal Reserve would continue on its aggressive policy tightening path to cool decades-high inflation, with shares of Apple and Tesla weighing the most. Ten of the 11 major S&P sectors declined, with consumer discretionary losing 2.5% and technology … Read more

Elon Musk Asks Jeff Bezos to Make an Important Choice – TheStreet

Elon Musk Asks Jeff Bezos to Make an Important Choice - TheStreet

Elon Musk has advice for Jeff Bezos.  The two tech moguls are respectively the richest man in the world and the second richest man in the world.  At one point they both gave the impression that they did not agree on anything and especially that they were opposed to each other. But for the past … Read more

Elon Musk sued by Twitter shareholders for alleged stock manipulation – Free Press Journal

Elon Musk sued by Twitter shareholders for alleged stock manipulation - Free Press Journal

Elon Musk was sued by Twitter investors for delaying the disclosure of his stake in the company, as the Tesla owner mounts a $44bn takeover bid for the social media platform. The investors said Musk saved himself $156m by failing to disclose that he had purchased more than 5% of Twitter by 14 March. The … Read more

Twitter Stakeholders Sue Elon Musk And Allege He Caused The Company's Stock To Plummet – LADbible

Twitter Stakeholders Sue Elon Musk And Allege He Caused The Company's Stock To Plummet - LADbible

Elon Musk has been hit with a lawsuit over his bid to buy Twitter after shareholders accused him of manipulative behaviour for personal gain. The suit was filed in the federal district court in San Francisco, according to The Verge. The complaint alleges the SpaceX founder’s behaviour was intentional after he struck an agreement to … Read more

Elon Musk Sued By Twitter Shareholders For Stock Price Manipulation – NDTV

NDTV News

The suit alleges that Elon Musk made statements intended to create doubt about the Twitter deal. San Francisco: Elon Musk faces a lawsuit accusing him of pushing down Twitter’s stock price in order to either give himself an escape hatch from his $44 billion buyout bid, or room to negotiate a discount. The suit alleges … Read more