
23andMe files for Chapter 11 bankruptcy—CEO Anne Wojcicki exits
Wojcicki said she intends to become an outside bidder to acquire the company’s assets after her earlier efforts to take 23andMe private failed.
Wojcicki said she intends to become an outside bidder to acquire the company’s assets after her earlier efforts to take 23andMe private failed.
The EV maker is struggling as anti-Elon Musk sentiment sparks Tesla boycotts and protests. It’s not likely to happen, but who could step in if he relinquished the reins?
“I loudly urge Musk and the Board to step up, stop being silent, and help resolve this crisis forming at Tesla,” wrote Wedbush analyst Dan Ives.
The EV maker has been the single biggest part of his ever expanding fortune for years. No more, as Tesla’s stock comes crashing down.
Tesla stock had its best percentage gain in two months Wednesday, but some prominent Wall Street analysts are starting to sour on Elon Musk’s company.
President Donald Trump and Elon Musk appeared outside of the White House together so Trump could look at Teslas to purchase.
He claims the carmaker will be the most valuable AI company in the world thanks to the reams of video data collected by its cars. Is that really a competitive advantage?
With Congress acquiescing to all of Trump’s wishes and the courts stacked in his favor, many are concerned about an unbridled president. To the rescue comes the market.
Elon Musk’s political activities and foreign business interests have converged as he takes center stage in the second Trump administration.
Robyn Denholm, who’s led the board since 2018, made $168 million in the past year exercising stock options in the company, including sales worth $43 million last week.