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Controversial tweet by Tesla CEO Elon Musk is now the subject of a lawsuit!
A lawsuit has been filed against Tesla Inc. TSLA CEO Elon Musk over a controversial tweet. The tweet could have also served as a starting point for investors considering the possibility of a take-private transaction or the notion that shares were undervalued at the time.
In 2018, Musk tweeted that he had secured $420 million to take Tesla private. The price represented a roughly 20% premium over the previous trading price of Tesla shares.
A trial is currently underway to determine whether Musk had in fact secured funding or was merely...
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Business
Controversial tweet by...
A lawsuit has been filed against Tesla Inc. TSLA CEO Elon Musk over a controversial tweet. The tweet could have also served as a...
jaballa -
Business
Amazon disproves allegations...
On Friday, Amazon was successful in its appeal to have a class action lawsuit against the company for alleged age discrimination in its warehouse...
Business
Why the White...
The White House has made it clear that it expects members of Congress to exercise increased vigilance on the development of future cryptocurrency legislation.
Officials...
Business
Walmart minimum wage...
Walmart stated on Tuesday that it will boost its minimum wage for retail employees to $14 per hour, an increase of around 17 percent...
Madz -
Business
Department of Justice...
On Tuesday, the Department of Justice and eight states filed a lawsuit against Google, arguing that the company's online advertising market dominance hurts competition...
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Business
The monthly fee...
OpenAI has reportedly settled on a monthly pricing of $42 for the premium edition of ChatGPT, the viral AI chatbot, after surveying its customers...
Business
Axie Infinity players...
The monthly player count of the play-to-earn game Axie Infinity has fallen to levels not seen since November 2020, a period of 26 months,...
Banking
Cryptocurrency update: Bitcoin...
Cryptocurrency value rose this week, despite the fact that US equities briefly retreated from their new year rally and a major crypto lender filed...
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Business
Shortage of medical...
Some medical marijuana patients say they've already noticed changes in stock in the week since recreational cannabis sales began in Connecticut.
Medical patients have more...
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