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Elon Musk’s comments trigger Tesla investor backlash

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Elon Musk, the outspoken CEO of Tesla, has once again stirred controversy with his recent social media comments, leading to a backlash from Tesla investors.

Musk’s propensity for sharing unfiltered thoughts on platforms like X has become a recurring source of concern for the electric car company’s shareholders.

In his latest series of tweets, Musk made remarks that raised eyebrows among Tesla’s investor community.

These comments, which touched on topics ranging from Tesla’s stock price to his personal opinions on cryptocurrency, have left many investors worried about the impact on the company’s stock value and reputation.

The Tesla CEO’s tweets have been known to cause fluctuations in the company’s stock price in the past, leading some investors to question whether Musk’s social media presence is ultimately beneficial or detrimental to the company’s interests.

With Tesla being a high-stakes player in the rapidly evolving electric vehicle market, the consequences of Musk’s online behavior are not to be taken lightly.

As the backlash from investors continues to grow, it remains to be seen how Tesla’s board of directors will respond to Musk’s social media activity.

The ongoing tension between Musk’s personal expression and his responsibilities as the CEO of a publicly traded company raises important questions about the balance between freedom of speech and fiduciary duty in the corporate world.

 

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Japan’s PM Takaichi courts Trump with trade offers

Japan’s new PM Takaichi to offer pickups and soybeans to Trump amid trade talks next week

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Japan’s new PM Takaichi to offer pickups and soybeans to Trump amid trade talks next week

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In Short:
– Japan’s PM Sanae Takaichi will negotiate with Trump on pickups, soybeans, and natural gas next week.
– Takaichi won’t commit to new defence spending, focusing on strengthening U.S.-Japan relations and investment discussions.
Japan’s new Prime Minister, Sanae Takaichi, is preparing to negotiate with U.S. President Donald Trump next week, aiming to present a package that includes U.S. pickups, soybeans, and natural gas.Takaichi’s administration will not commit to new defence spending at the meeting, despite U.S. pressure for Japan and allies to increase contributions. The meeting will take place during Trump’s first visit to Japan since his re-election, following a prior agreement for Japan to invest up to $550 billion in the U.S. in exchange for lower car tariffs.

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The alliance with the U.S. is crucial to Japan’s foreign and security policy, according to Takaichi. A successful dialogue with Trump could strengthen her government, which operates with a parliamentary minority. Washington’s support is essential for Takaichi to advance her regional security agenda.

Diplomatic Details

Main initiatives include purchasing Ford F-150 pickup trucks, an idea suggested by Trump, and increasing U.S. soybean imports amidst declining exports to China. U.S. pickups are impractical for most Japanese consumers but may find utility in specific roles like snow plowing.

Japan plans to enhance its acquisition of U.S. liquefied natural gas, although it will not initially source from a Trump-favoured Alaskan pipeline. Investment discussions will accompany the trade talks, ensuring that Takaichi maintains commitments made by her predecessor.

In defence, Takaichi seeks to solidify ties with the U.S., with Japan housing a significant U.S. military presence. Japan’s defence strategy will undergo reviews to potentially accelerate military capabilities.


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Gold plunges 5% in biggest drop since 2013

Gold prices plummet over 5%, raising global market concerns as investors react, says Chris Weston from Pepperstone.

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Gold prices plummet over 5%, raising global market concerns as investors react, says Chris Weston from Pepperstone.


Gold prices have crashed over 5% in a single day, sparking concerns across global markets and sending investors scrambling.

Chris Weston from Pepperstone breaks down the causes and implications.

#Gold #Markets #Investing #Commodities #GoldCrash #PreciousMetals #ASX #GlobalMarkets #Finance #Trading


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Trump and Xi set for high-stakes APEC showdown

Trump and Xi to meet at APEC, seeking to ease trade tensions and revive dialogue amid tariff threats.

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Trump and Xi to meet at APEC, seeking to ease trade tensions and revive dialogue amid tariff threats.


President Trump and President Xi Jinping will meet for the first time in six years at the APEC summit, aiming to ease trade tensions and revive dialogue amid tariff threats.

#Trump #XiJinping #APEC #Trade #China #USPolitics #Economy #Tariffs #AsiaPacific #GlobalSummit


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