Hot chinese concept stocks climbed in morning trading
Hot chinese concept stocks climbed in morning trading.Alibaba,JD.com,Baidu,NetEase,Nio,Xpeng Motors,Li Auto,DiDi Global and KE Holdings climbed between 1% and 8%.
Tesla shares gained in premarket trading as the company had a backlog of over 1.2 million Cybertruck reservations worth over $80 billion
Tesla shares gained in premarket trading as the company had a backlog of over 1.2 million Cybertruck reservations worth over $80 billion.Based on the latest tally, Tesla has a backlog of over 1.2 million Cybertruck reservations worth over $80 billion.But there’s still no production in sight.Tesla unveiled the Cybertruck almost two years ago to the day.The electric pickup truck was supposed to be in production already, but the automaker delayed the program as it focused on growing Model Y product
$Apple(AAPL)$Few weeks back on Oct. 29, 2021 4:40 pm ETMicrosoft Corp. is once again the most valuable company in the U.S., with the software heavyweight’s market cap hitting $2.49 trillion and surpassing Apple Inc. for the first time in more than a year. And now the newwwwwww world heavy weight champion….
Tesla's Musk sells another 934,000 shares to pay taxes after exercising options
Nov 16 - Tesla Chief Executive Elon Musk sold another $973 million in stock to pay taxes after exercising options on Tuesday, filings showed after the electric vehicle maker's shares rebounded during regular trade.Musk acquired 2.1 million shares worth $2.2 billion at the Tuesday closing price and sold 934,091 for $973 million to pay taxes, the SEC filings showed.In a sector surge spearheaded by Rivian Automotive Incand Lucid Group Inc, Tesla Incrose 4.1% to close at $1,054.73, leaving its mark
Grab group CEO and cofounder Anthony Tan is taking the superapp company to its next stage, including a planned transformation into a public company and growing its presence in fintech.When the pandemic struck last year, superapp giant Grab’s ride-hailing business took a hit in Southeast Asia amid lockdowns and restrictions. “The first thing we thought about was how do we make sure that our driver partners could quickly pivot and that their incomes were at least supported in some shape or form,” says Grab group CEO and cofounder Anthony Tan in an exclusive interview with Forbes Asia, by video call. The solution? “Stop thinking it’s business as usual,” says Tan, 39. Tan says Grab asked its drivers to transport meals as well as people as pandemic-induced demand for food delivery spiked in the