The bank accused Tesla of “flagrantly” breaching a deal it claims should have triggered payments to JP Morgan. Mr Musk’s notorious tweets that he had funding to take Tesla off the New York stock market sparked volatility in the share price. He later abandoned ...Read More

Tesla CEO Elon Musk sold nearly $5 billion in Tesla stock, according to financial filings out Wednesday evening. He still holds more than 166 million shares. His trust sold more than 3.5 million shares worth over $3.88 billion in a flurry of trades carried out Tuesday and Wednesday. Those transactions were not ...Read More

It’s been quite the day for Tesla and its CEO, Elon Musk. The early-morning announcement that Hertz intends to buy 100,000 Teslas for its rental fleet kicked off a spectacular rally that sent the company’s market capitalization and its top executive’s net worth soaring to new heights. Tesla’s ...Read More

Stock futures are pointing south following Friday’s bad-news-is-just-bad-news jobs data. We’ve also got oil and natural-gas prices busting higher and a tricky earnings season about to begin. Those are the obvious risks for investors right now, but our call of the day from MacroTourist newsletter editor ...Read More

Tesla is sitting on roughly $2.5 billion worth of bitcoin, according to a securities filing, giving the automaker a significant gain on paper just a few months after investing. The automaker said its investment in the volatile cryptocurrency was worth $2.48 billion at the ...Read More