Catenaa, Monday, December 09, 2024-Amazon shareholders are urging the company to invest 5% of its assets in Bitcoin, highlighting the cryptocurrency’s superior returns compared to corporate bonds and its potential as a hedge against inflation. The proposal, spearheaded by the National Center for Public Policy Research (NCPPR), criticizes the Consumer Price Index (CPI) as an […]

Catenaa, Friday, December 06, 2024- Elon Musk’s wealth surged to $353 billion, increasing by $91 billion in the past month, despite a Delaware court invalidating his $100 billion Tesla pay package for the second time. The ruling doesn’t faze Musk, as Tesla shares rose 40% after Donald Trump’s election victory. Investors anticipate regulatory and federal […]

Austin, Texas, Tuesday, April 23, 2024 – In an internal memo obtained by Reuters, Tesla CEO Elon Musk announced a significant workforce reduction, targeting over 10% of the company’s global employees. This move comes amid reports of slowing sales growth and an intensifying price war within the electric vehicle market. The memo reportedly cites the […]

Austen, Texas, Wednesday, May 1, 2024 – The shares of Tesla surged 12% on April 24, 2024, with Elon Musk’s discourse of accelerating new roll-ups for affordable electric vehicles in 2025, according to a report by Reuters. The loss of the company’s financial incomes was ignored by Wall Street due to the contribution of the […]

DETROIT, Thursday, May 2, 2024 – Tesla Inc. (TSLA) on April 24 offered a glimpse into the future of its ride-hailing ambitions, unveiling a potential smartphone application for its Robotaxi service. The service would utilize Tesla’s fleet of electric vehicles equipped with autonomous driving technology. The company showcased a mock-up of the app during its […]