Manchester United shares rise after Elon Musk jokes about buying the club

Manchester United shares rise after Elon Musk jokes about buying the club

Shares of the English soccer club Manchester United Plc briefly rose by as much as 17% in premarket trading on Wednesday, after Elon Musk jokingly tweeted “Also, I’m buying Manchester United ur welcome.” Photo by Catherine Ivill/Getty Images Shares of the English soccer club Manchester United briefly rose by as much as 17% in premarket … Read more

New ETF gears up to attract hesitant investors

New ETF gears up to attract hesitant investors

Risk-averse investors have a new option to make safer bets on Tesla. Innovator ETFs launched the Innovator Hedged TSLA Strategy ETF (TSLH) – among other defined outcome products – last month. According to the ETF’s CEO Bruce Bond, it gives investors exposure to the stock while largely steering clear of volatility and valuation risks by … Read more

Tesla made misleading claims about

Tesla made misleading claims about

New York CNN — Tesla’s autopilot and self-driving claims are under fire again, this time from the California Department of Motor Vehicles in a complaint it filed on July 28. The complaint alleges that the company made “untrue or misleading” statements in advertisements on its website by claiming that Tesla vehicles were, or could be, … Read more

Twitter-Musk drama escalates in legal filings claiming bad behavior

Twitter-Musk drama escalates in legal filings claiming bad behavior

The Twitter-Elon Musk saga continued this week, as the two parties traded barbs in legal filings ahead of a five-day trial that’s scheduled to start Oct. 17. Newly released legal documents from lawyers representing Musk in a countersuit against Twitter claim the social media company engaged in a scheme to “mislead investors” by providing false … Read more

Ford stock posts best month since the Great Recession

Ford stock posts best month since the Great Recession

2023 Ford F-150 Raptor R Ford DETROIT — Ford Motor’s stock on Monday added to its best month since the Great Recession in 2009, signaling a significant swing for the Detroit automaker this year. Shares closed Monday at $15.34, up 4.4%. The gains added to the stock increasing by 31.9% in July. It was the … Read more

Tesla subpoenaed over Elon Musk’s tweets…again

Tesla subpoenaed over Elon Musk’s tweets…again

New York CNN Business — The Securities and Exchange Commission apparently isn’t done with Elon Musk and his tweets quite yet. Tesla (TSLA) disclosed in a quarterly regulatory filing Monday that it received a new subpoena from the SEC on June 13, related to “our governance processes around compliance with the SEC settlement.” That settlement, … Read more

Why young ETF investors should be partying in the streets right now

Why young ETF investors should be partying in the streets right now

Instead of providing refuge, bond ETFs are just slower sinking ships, which can be concerning for millennial investors.Drazen_/iStockPhoto/Getty Images Luke Reynolds, 33, freaks out a little bit every time he looks at his portfolio online. The newly married dental practice development consultant started investing in 2020, adding a total of $42,500 to his portfolio of … Read more

Elon Musk asks court to reject Twitter’s request for speedy trial

Twitter-Musk drama escalates in legal filings claiming bad behavior

“The past two years have been an absolutely nightmare of supply chain disruptions, one thing after another, and we are not out of it yet,” Tesla CEO Elon Musk said. Patrick T. Fallon | Reuters Elon Musk wants time to prepare for a trial over his contentious withdrawal from an agreement to buy Twitter for … Read more

Elon Musk welcomed twins last year with Shivon Zilis, a top exec at Neuralink

Elon Musk welcomed twins last year with Shivon Zilis, a top exec at Neuralink

Tesla CEO Elon Musk had twins last year with a top executive of Neuralink, online outlet Insider reported on July 6.FREDERIC J. BROWN/AFP/Getty Images Tesla Inc. chief executive Elon Musk and Shivon Zilis, a top executive at his brain-chip startup Neuralink, had twins in November 2021, Insider reported. In April, Musk and Zilis filed a … Read more

German road traffic agency says 59,000 Tesla vehicles have software glitch

German road traffic agency says 59,000 Tesla vehicles have software glitch

Tesla CEO Elon Musk speaks during the official opening of the new Tesla electric car manufacturing plant on March 22, 2022 near Gruenheide, Germany. Christian Marquardt | Getty Images Germany’s road traffic agency said it was recalling Tesla models Y and 3 because of a fault in the automatic emergency call system that affects 59,000 … Read more