The planned five-for-one stock split, the first in the company’s history, has been received enthusiastically by investors.
There hasn’t been a more chaotic time, on a global scale, than the past six months, as we all adapted to life in a pandemic. But, with this chaos has come opportunity and while thousands of businesses have suffered in the crisis, there are…
Elon Musk announced on Twitter that the company’s only US plant would flout local government orders to remain closed as the COVID-19 pandemic develops.
The Tesla CEO’s offer echoes sentiments expressed by fellow motor companies in America and Europe.
Surprisingly, there are hundreds of huge companies out there, valued in the billions, yet making zero profits, or in some cases losses.
What are a CEO’s words worth? In the case of Elon Musk’s tweet on August 7th, 2018 they’re worth about $4.4 million each. Elon Musk jolted financial markets by tweeting, “Am considering taking Tesla private at $420. Funding secured.”
With 2018 behind us, it feels like so long ago that some of the year’s biggest stories have gone by and faded into obscurity—though some have had such a piercing impact that we still feel the rippling effect to this day. As we begin the new…