Elon Musk will not support remote work at Tesla
Business

Elon Musk will not support remote work at Tesla

Tesla’s CEO issued an email declaring the end of remote work in the company, however, his blunt attitude and broad statements have upset a large number of people.

Investors assure that Tesla still cares about ESG after Musk calls it a “scam”
Business

Investors assure that Tesla still cares about ESG after Musk calls it a “scam”

Despite Elon Musk’s tweet showing contempt for the ESG metrics, investors believe Tesla still cares about ESG – even if Musk says otherwise.

Tesla Lost $126 Billion of Market Value After Elon Musk Announced He’s Buying Twitter
Business

Tesla Lost $126 Billion of Market Value After Elon Musk Announced He’s Buying Twitter

Shortly after the Twitter deal was confirmed, Tesla moved from a market cap of slightly above $1 trillion to around $900 billion.

JPMorgan Says Netflix Has Entered the Bear Market
Business

JPMorgan Says Netflix Has Entered the Bear Market

The streaming service is facing increased competition in the on-demand video space and is likely to face major headwinds.

Louis Vuitton Parent Company Wants to Buy Ralph Lauren
Business

Louis Vuitton Parent Company Wants to Buy Ralph Lauren

It is not the first time LVMH is pursuing this type of deal. The company has acquired a series of top brands including Celine, Givenchy, and others.

Elon Musk Says SpaceX Could Go Bankrupt
Business

Elon Musk Says SpaceX Could Go Bankrupt

Musk said explicitly that if indeed the company cannot achieve a "Starship flight rate of once every two weeks”, then there is a real risk of bankruptcy in the near term.

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