Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

Money

Elon Musk sells some Tesla shares following Twitter poll

Published

3 years ago

on

Billionaire Elon Musk has made a bold move to sell some of his shares in Tesla, just days after launching a very expensive Twitter poll

Tesla CEO Elon Musk has sold $1.1 billion worth of stock options in the electric car maker after he held a vote on his Twitter asking followers whether or not he should get rid of the shares.

According to Bloomberg, Musk has exercised the options at a price of $6.24 US dollars into a regulatory filing on Wednesday.

The filing says “the shares of common stock were sold solely to satisfy the reporting persons tax withholding obligations”.

Tesla stocks closed Wednesday at just over $1,067 USD.

It’s the billionaire’s first sale since 2016 when he last exercised stock options and liquidated some shares.

Related Topics:
Continue Reading

Money

Warner Brothers & Discovery considers splitting up to boost stock value

Published

1 week ago

on

July 19, 2024

By

Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

Continue Reading

Money

Investors worldwide grow increasingly optimistic about Trump winning the election

Published

1 week ago

on

July 18, 2024

By

Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

Continue Reading

Money

Netflix expands use of ads despite slow subscriber growth

Published

1 week ago

on

July 18, 2024

By

Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

Continue Reading

Trending Now