It seems to me that Hertz was trying to negotiate for a bulk discounts or else pull out from the deal but Musk refused to cut a single cent as Musk clarified that Tesla has no demand issue. Tesla can still sell to other retail buyers without any issues
On the surface, it looks like Elon is selling shares. But Effectively, Elon is buying in more shares. According to filings with the Securities and ExchangeCommission yesterday, he sold 934,000 shares but on the other hand he exercised options to buy 2.15 million shares. That’s more than double the amount of shares he had sold. Hence, by the end of 10% stake selling spree cum exercising his option to buy additional shares, he will own even more shares before the selling begin.
Novavax Covid-19 vaccine has received emergency use authorisation in Indonesia on 1 Nov. https://www.newsbreak.com/news/2420441918610/novavax-covid-19-vaccine-receives-emergency-use-authorisation-in-indonesia
Those who bought up the EV shares foresee ICE cars shall be disrupted and displaced just like the CD which has made the cassette tape obsolete those days.
A new Big Three? Rivian and Lucid's valuations are accelerating past Ford, GM
Pity the Americans next generations. Each Americans are born with a massive debt attached to them. The printing of money will end when Bitcoin becomes mainstream 😅
GM used to be the world Top automaker and now said need 4 years to catch up with underdog. They forgottten that Tesla is not staying put waiting for competitors to catch up.They are a innovation leader will will be much further ahead in 4 years time.