On Saturday, Mr Musk posted a Twitter poll asking his followers to vote on whether he should sell part of his stake in Tesla to meet his tax obligations. The poll attracted more than 3.5 million votes, with nearly 58% voting in favor of the share sale. Following the Twitter poll, shares of Tesla slumped more 15% over Monday and Tuesday, before rebounding more than 4% on Wednesday. According to BBC, Mr Musk's trust sold almost 3.6 million shares in Tesla, worth around $4bn. He also sold another 934,000 shares for about $1.1bn after exercising options to acquire nearly 2.2 million shares, according to filings with the US stock market regulator. Do you think this is a good opportunity to get on Musk’s boat? Why? Share your ideas with us! Your
In the E-commerce industry, both this 2 companies, $Amazon.com(AMZN)$ & $Alibaba(BABA)$$Alibaba(09988)$ are the strongest among all. With that being said, which company would be the best investment of the next decade?Lets look at the key takeaways: Both this company operate internationally. However, 92% of Alibaba's revenue comes from China. While for Amazon, only 64% comes from United States, while the rest comes from other countries. This shows that Amazon's revenue is more diversified and not just contributed from one country. Amazon's revenue is extremely high compared to Alibaba. For 12 months ended Q1 FY2020, Amaz