
Musk says Tesla will hold shareholder vote ‘immediately’ to move company’s incorporation to Texas
The billionaire justified the decision on the results of an unscientific poll run on his X account a day earlier.
The billionaire justified the decision on the results of an unscientific poll run on his X account a day earlier.
Talks to renew a licensing deal between TikTok and Universal Music Group fell through Tuesday.
GLP-1 injectable drugs like Ozempic and Wegovy made up a significant portion of the company’s annual sales.
A decision by a Delaware judge late Tuesday afternoon has multibillion-dollar implications regarding Musk’s fortune.
“Sports can be safer without drug testing,” the Enhanced Games claims, adding its reformed contest will let “athletes become superheroes.”
Tesla shares dropped around 2% in after-hours trading following the ruling.
Musk’s net worth rose by $5.5 billion on Monday, as Tesla’s share price rallied 4.2% after a major slump last week.
Last January, PayPal laid off some 2,000 people.
Amazon’s proposed acquisition of Roomba maker, iRobot, has been scrapped over EU antitrust regulatory concerns.
The China Evergrande Group has US$300-billion in liabilities and was put into liquidation by a Hong Kong judge yesterday. Once the largest property developer in China, the fate of Evergrande is expected to impact Australian exports.