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Why Elon Musk doesn’t enjoy being CEO of Tesla

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Elon Musk during SNL appearance

It’s not the sort of thing you’d expect to hear from someone as accomplished as Elon Musk, but the tech billionaire has revealed he doesn’t actually enjoy being the boss of Tesla

Tesla’s billionaire founder was speaking at the start of a trial where he is accused of pressuring the firm’s board members into a multi billion dollar deal to buy a solar panel firm.

Shareholders claim the carmaker’s money was wasted on buying SolarCity.

During the court hearings, Musk said he’d much rather be in a design capacity at Tesla compared to running the company.

He’s also denied exerting pressure on board members, saying that the deal was part of a “master plan” to create affordable vehicles with green power supplies.

Shareholders want Musk to repay Tesla the $2.6bn in full.

If they are successful, it would be one of the largest ever judgements against an individual.

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Warner Brothers & Discovery considers splitting up to boost stock value

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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

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Investors worldwide grow increasingly optimistic about Trump winning the election

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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.

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Netflix expands use of ads despite slow subscriber growth

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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.

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