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Tesla stock is set to drop as Elon Musk's $56 billion pay package unlikely to get approved, Wall Street analyst says

"This pay package is ridiculous, and I know he's mad, he'll say I'm absurd to say that. I'm sorry E…

Matthew Fox   


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Theron Mohamed   


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The pain isn't over for stocks - weak earnings will drag the S&P 500 down another 8%, Morgan Stanley CIO warns

Big Tech giants Microsoft, Alphabet, Meta and Amazon are all set to publish their quarterly earning…

George Glover   


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Tesla could still fall more than 60% if it's valued as a traditional automaker like Ford or General Motors, CIO says

If Tesla was valued 3x as much as Ford, it would be worth $135 billion, representing an 89% decline…

Matthew Fox   


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'Another train wreck' earnings call: How Wall Street is reacting to Tesla's sobering 4th-quarter report

"We were dead wrong expecting Musk and team to step up like adults in the room," Dan Ives of Wedbus…

Jennifer Sor   


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Former Tesla CIO raises $150 million for his SaaS automotive retail startup, enters the unicorn club

The latest funding comes from global private equity investor Advent and also saw participation f…

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Cathie Wood's flagship Ark fund plummets 7% as tech sell-off deepens

Benefitting from Wood's ETF slump, however, is the Tuttle Capital Short Innovation ETF, which launc…

Isabelle Lee   


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Just buy more Tesla stock if you want to cash in on the ChatGPT-driven surge for AI tech, Cathie Wood says

Wood expects the electric carmaker's share price to surge eightfold in five years thanks to investo…

George Glover   


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Elon Musk on Saudi 'ass-covering' and 10 other things the Tesla boss said to defend himself in the 'funding secured' trial

Elon Musk has given testimony in a trial over allegations of securities fraud. Here are 11 things w…

George Glover   


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Tesla will climb 8% to street-high price target of $900 as stock rally boosts fundraising, Bank of America says

The automaker can fund new factories with stock offerings, increase deliveries, and repeat the cycl…

Ben Winck   


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1 min read

Elon Musk has authorized at least 17 senior execs from Tesla, SpaceX, and The Boring Company to work at Twitter, report says

SpaceX CFO Bret Johnsen and Tesla CIO Nagesh Saldi are among the Musk execs authorized to work at T…

Kate Duffy   


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Wall Street's biggest Tesla bear boosts his price target after 3rd-quarter deliveries, but still says the stock is a 'sell'

JPMorgan said Tesla's third-quarter delivery beat was primarily driven by China, "which could carry…

Matthew Fox   


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Bitcoin is too vulnerable to Elon Musk's tweets to put money in, Kleinwort Hambros investment chief says

"Any asset class that basically moves 10% based on one guy's tweets is not fit for purpose," the in…

Harry Robertson   


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Politicians, union groups slam Elon Musk over taxes after he tweets asking for sketch ideas for his 'SNL' appearance

Politicians, unions, and journalists suggested Elon Musk should pay higher taxes, donate part of hi…

Kate Duffy   


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MicroStrategy CEO Michael Saylor says his casual Twitter exchange with Elon Musk in December prompted Tesla to buy bitcoin

A little over a month after their casual chat, Tesla revealed its biggest bitcoin endorsement to da…

Shalini Nagarajan   


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Bitcoin breaks $50,000 for the first time as record-shattering 2021 rally extends to 74% amid Wall Street adoption

Bitcoin rose to $50,547.70 on Tuesday. Interest from firms such as BNY Mellon and JPMorgan fueled t…

Harry Robertson   


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5 mins read

What you need to know in markets this week: Bitcoin and beyond; 'Hey big spenders' - what the funds did with their cash; a platinum opportunity?

Tesla bought $1.5 billion in bitcoin - is it mainstream yet? Also, we'll look at what the big hedge…

Amanda Cooper   


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XRP jumps 15%, while bitcoin and ether trade near record highs as Tesla, BNY Mellon and Mastercard warm to cryptocurrencies

Interest in cryptocurrencies from Tesla, Mastercard and BNY Mellon is boosting XRP, bitcoin, and Et…

Harry Robertson   


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3 mins read

Bitcoin-holders MicroStrategy and Galaxy Digital soared last week after Tesla bought $1.5 billion. Will other companies now follow suit?

Analysts said Tesla is taking a risk with its $1.5 billion bitcoin investment. But Michael Novograt…

Harry Robertson   


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Janet Yellen says 'misuse' of cryptocurrencies like bitcoin is a growing problem, as regulators increase scrutiny after surge in interest

Treasury secretary Janet Yellen said cryptocurrencies like bitcoin have been "used to launder the p…

Harry Robertson