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Tim Walz mocks Elon Musk over Tesla’s rapid market decline

Governor Tim Walz mocks Elon Musk over Tesla’s plummeting shares, sparking debate on Musk’s leadership and the company’s future.

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Governor Tim Walz mocks Elon Musk over Tesla’s plummeting shares, sparking debate on Musk’s leadership and the company’s future.

In Short

Minnesota Governor Tim Walz has publicly criticised Elon Musk over Tesla’s plummeting stock prices, suggesting owners might want to hide their branding. This criticism has led to mixed reactions and calls for Musk to resign as CEO due to concerns about the company’s future.

Elon Musk faces public scrutiny as Minnesota Governor Tim Walz critiques him for Tesla’s declining stock performance.

During a speech in Wisconsin, Walz expressed amusement at Tesla’s share price plummeting from $488 in December to $225, indicating his monitoring of it for entertainment.

He suggested that Tesla owners might want to remove their branding to avoid embarrassment.

This sparked mixed reactions, with supporters agreeing that Musk’s management raises questions about his capabilities, while Tesla advocates called for retail support, emphasising the potential job losses his comments could cause.

In light of this, prominent investor Ross Gerber has urged Musk to resign as CEO, citing that Tesla’s decline in performance and reputation are concerning. Gerber argues that Tesla needs dedicated leadership to navigate these challenges effectively.

He stated that Musk’s focus should shift entirely to Tesla or he should appoint a new CEO to handle the company.

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RBA rate hike fears & Fed cuts shake Wall Street

Fresh jobs data fuels speculation of earlier RBA rate hikes amid underlying labor-market issues affecting the Australian economy.

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Fresh jobs data fuels speculation of earlier RBA rate hikes amid underlying labor-market issues affecting the Australian economy.


Fresh jobs data has sparked speculation that the Reserve Bank of Australia may raise rates sooner than expected. Market watchers are weighing how steady unemployment may mask deeper labor-market weaknesses and what that means for the Australian economy.

Kyle Rodda from Capital.com breaks down why some economists now expect the RBA could move twice in 2026 and how tighter financial conditions may influence households and businesses.

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#RBA #FedRateCut #WallStreet #InterestRates #AustralianEconomy #Investing #Markets #FinanceNews


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Netflix vs Paramount: The Warner Bros takeover battle explained

Warner Bros faces a pivotal decision between Netflix and Paramount in the evolving streaming and filmmaking landscape.

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Warner Bros faces a pivotal decision between Netflix and Paramount in the evolving streaming and filmmaking landscape.


The battle for Warner Bros is heating up, with Netflix and Paramount in a high-stakes clash that could redefine the streaming and filmmaking landscape. We break down who currently holds the stronger position and why Warner Bros might favor Netflix’s offer over Paramount’s all-cash bid.

Darren Woolley from TrinityP3 joins us to discuss the role of equity upside, shareholder sentiment, and the realistic chances of a hostile takeover. We also explore how political connections and regulatory scrutiny could shape the outcome of this landmark deal.

Finally, we look at the wider impact on competitors like Disney, Amazon, and Apple, as well as creators, production partners, and exhibitors. Who will ultimately win this battle for one of the most influential studios in modern media?

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#WarnerBros #Netflix #Paramount #StreamingWars #MediaTakeover #HollywoodDeals #EntertainmentNews #Ticker


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Elon Musk’s SpaceX plans $25 billion IPO in 2026

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SpaceX plans a $25 billion IPO in 2026, potentially valuing the company at over $1 trillion.


Elon Musk’s SpaceX is preparing to raise over $25 billion through an initial public offering in 2026. The move could value the space exploration company at over $1 trillion, fueled by its Starlink internet network and Starship rocket programme.

The IPO discussions are underway with major banks, targeting a launch around June or July. This comes as the IPO market experiences a revival after a three-year slowdown, attracting attention from both institutional and retail investors.

SpaceX is currently the second most-valuable private startup after OpenAI. While investors are excited, some remain cautious about Musk’s ability to manage multiple high-profile companies simultaneously.

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#SpaceX #ElonMusk #IPO #Starlink #Starship #TechNews #Investing #Startup


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