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2147 Search results for Tesla

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  • Elon Musk not planning to sell any more shares as Tesla founder hits out at California’s high tax regime

    December 22, 2021

    Tesla’s boss and serial entrepreneur Elon Musk is not planning to sell any more of his Tesla shares, following yesterday’s offloading of 583,611 stock. “I sold enough stock to get to around 10 per cent plus the option exercise stuff and I tried to be extremely literal here,” he said in an interview with satirical [...]

  • Britain’s creative industries are essential to the economy, but imagination must shape all our businesses

    December 22, 2021

    Let’s start with the good news. The UK economy is set to grow by 6 per cent in 2022. Admittedly this forecast, set by the OBR, was before we knew about the Omicron variant. But we must remain optimistic that the economy can continue to bounce back from the shockwave of the virus. When we [...]

  • Rio Tinto acquires $825m Argentine lithium project after Serbia plans blocked

    December 21, 2021

    Anglo-Australian miner Rio Tinto today announced it has agreed to buy the $825m Rincon lithium project in Argentina from Rincon Mining, in an effort to keep the momentum going for its push into battery materials as a way to future-proof for the transition to net zero. The world’s second-largest miner said it has purchased the lithium [...]

  • Jack Dorsey says Bitcoin will replace the dollar as he trashes Web3.0

    December 21, 2021

    Former Twitter chief Jack Dorsey caused a stir on the social networking site he helped to found by sharing his thoughts on crypto and Web3.0.

  • Bitcoin sees strong start to the week as investors shake off winter blues

    December 21, 2021

    It’s been a strong start to the week in the cryptocurrency markets, with Bitcoin and other major cryptocurrencies all seeing gains of around five per cent today.

  • Omicron uncertainty continues to spook cryptocurrency markets

    December 20, 2021

    Bitcoin is down slightly today, falling almost two per cent over the past 24 hours to just above the $46k mark.

  • Elon Musk says he will pay $11bn in taxes this year

    December 20, 2021

    Celebrity entrepreneur Elon Musk has said he will pay $11bn in taxes this year, an amount which could constitute the biggest contribution in history.

  • Is the party over for Tesla shares after their recent losses?

    December 17, 2021

    While the Tesla share price remains in the stratosphere, there are several concerns looming on the horizon. The Tesla (NASDAQ: TSLA) share price has been volatile over the past few weeks. On 4 November, the electric vehicle (EV) stock hit a high of $1,230, before falling to $1,013 by 15 November. Then it rose to $1,157 a [...]

  • Musk close to 10 per cent target after offloading 934,000 shares

    December 17, 2021

    Tesla’s chief executive and serial entrepreneur Elon Musk has sold almost $14bn worth of shares, getting closer to selling 10 per cent of his total Tesla holdings. According to SEC filings, the chief executive yesterday offloaded 934,091 stocks for $884.1m. Musk’s latest selling round was made to pay for taxes on the exercise of stock [...]

  • Don’t fret about stagnant Bitcoin – at least it’s not fiat!

    December 17, 2021

    In the last few weeks alone we have seen real evidence of just how much pressure our global fiat currency system is now under, reports Jason Deane.

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