Ringo H.W. Chiu/Associated Press Tesla CEO Elon Musk on Friday tweeted that the stock price is too high. Tesla shares fell as much as 13%, extending earlier losses. Musk also tweeted that people should be given back their freedom an…
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Month: May 2020
America’s billionaires added $282 billion to their total wealth in 23 days during the coronavirus crisis, a report claims
The US’ richest people continue to get richer even as the coronavirus pushes millions of American workers into unemployment and a deep recession looms large over the economy, according to a report In the first three months of 2020, even as panic gripped mar…
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A wave of consolidation is coming for the autonomous-vehicle business as industry insiders say it’s getting harder for startups to raise money in the wake of COVID-19
In recent years, automakers have collaborated with each other and invested in autonomous-vehicle startups to share the steep costs required to master a technology that could be decades away from widespread use in consumer vehicles. “We’re in the consolidati…
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ICANN board votes to reject .org registry sale to private equity firm Ethos Capital
Two of the largest U.S. airlines, American Airlines and Delta, said Thursday they will require travelers to wear face masks on U.S. flights, joining JetBlue to address coronavirus. Maybe this coalition of 1200 tech, business, and news organizations A fatal …
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Tesla stock crashes after Elon Musk tweets: ‘Tesla stock too high imo’
Teslas stock price crashed Friday morning after the companys maverick billionaire founder Elon Musk tweeted that he believed the stock was too high. Tesla stock price is too high imo Elon Musk (@elonmusk) May 1, 2020 Tesla stock opened at $755 on Friday m…
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