A China-made Tesla Model 3 vehicle is seen at a delivery ceremony in the Shanghai Gigafactory of the U.S. electric car maker in Shanghai, China December 30, 2019. A little over a year ago, when Tesla Inc. CEO Elon Musk publicly flirted with the idea of taki…
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Month: February 2020
China’s markets opened after Lunar New Year to a bloodbath
Chinas stock markets tanked on the first day of trading after an extended Lunar New Year holiday as a worsening outbreak of the coronavirus led multiple countries to place travel restrictions on the country and scores of companies to suspend operations. Chin…
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WeWork’s New CEO Says He Has ‘Plenty of Luck.’ He’ll Need It
The WeWork office space in London. Sandeep Mathrani knows what it’s like to lead a company out of trouble. Sandeep Mathrani Source: General Growth Properties via Bloomberg His former employer, General Growth Properties, had been flattened by the economic…
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Why Tesla Stock Jumped (Again) Today
What happened Shares of Tesla(NASDAQ:TSLA) are surging yet again, rising to another all-time high. As of 11:30 a.m. EST on Monday, the stock was up 12%. This put shares at about $730. The stock’s gain follows more bullish commentary from analysts. Two analy…
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Stock Market News: Zoom Video Zooms Higher; Tenfold Gains for Tesla?
The stock market rebounded Monday morning, regaining some of its lost ground as market participants seemed to have a less pessimistic outlook on the consequences from the coronavirus outbreak. Despite signs that cases are spreading across the globe and an 8% …
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