Musk nears Tesla share sale target with $1 billion offload

Elon Musk sold a further $1.02 billion of Tesla Inc. shares, taking him close to his target of reducing his stake in the electric-car maker by 10%.  The Tesla chief executive officer — also the world’s richest person — sold 934,090 shares, according to a filing with the U.S. Securities & Exchange Commission.  Musk has… Continue reading Musk nears Tesla share sale target with $1 billion offload

Auto in China, from 1 January 2022 the restrictions for foreign homes have been lifted

Listen to the audio version of the article 2 ‘of reading In a surprising move, to say the least, China has decided to completely remove all previously required restrictions on foreign ownership of the auto industry. The decision, which will come into effect from 1 January 2022, was announced through a document released in recent… Continue reading Auto in China, from 1 January 2022 the restrictions for foreign homes have been lifted

German Manager Magazin: US dominance on the stock exchanges: Google parent Alphabet is worth more than all Dax companies001414

The world stock exchanges are dominated by US technology groups more than ever. Eight of the ten most valuable companies in the world will be from the end of 2021 USA. The smartphone and software giant Apple scratches with a market value of 2.96 trillion dollars (as of December 27th) as the first group ever… Continue reading German Manager Magazin: US dominance on the stock exchanges: Google parent Alphabet is worth more than all Dax companies001414

Philippines lifts ban on new open-pit mines

The move sees the Philippine government reverse a ban imposed in 2017, when the then-environment minister blamed the sector for widespread ecological damage. Manila: The Philippines has lifted a four-year ban on new open-pit mines, an official said Wednesday, in a bid to revitalise the country’s coronavirus-battered economy slammed by activists as “short-sighted”. The move… Continue reading Philippines lifts ban on new open-pit mines

This Was the Year When Finance Jumped the Doge

None of that would matter if it all remained confined to the realm of social media. Except the past few years have witnessed the explosion of zero-commission trading apps that allow easy access to stock markets—and suddenly people can follow through on their love for the meme. US Securities and Exchange Commission chair Gary Gensler… Continue reading This Was the Year When Finance Jumped the Doge

Tesla (TSLA) CEO Offloads More Shares, Concludes Trading Plan

Tesla’s TSLA CEO Elon Musk yesterday offloaded another $1.02 billion of his holdings in the company. This brings him close to his stated goal of reducing his stake in the electric vehicle (EV) maker by 10%. Per a filing with the U.S. Securities & Exchange Commission, the billionaire exercised an option yesterday to buy 1.6… Continue reading Tesla (TSLA) CEO Offloads More Shares, Concludes Trading Plan

Tesla (TSLA) Pushes 2021 Holiday Update to Legacy Model S/X

Tesla TSLA has kicked off the holiday season with a bang. The automaker recently started the rollout of its 2021 Holiday Update, which includes the Software Version 11.0 upgrade as well as something for non-Tesla owners. Unfortunately, not all Tesla cars have received this latest Holiday Update, with the legacy Model S and X vehicles… Continue reading Tesla (TSLA) Pushes 2021 Holiday Update to Legacy Model S/X

AMC Entertainment is Yahoo Finance’s 2021 top trending ticker

With only three trading days left in 2021, the results are in: Yahoo Finance users visited the AMC Entertainment Holdings (AMC) ticker page 194,914,925 times this year — making it the site’s top trending ticker of 2021.  Here are the top 10 tickers rounding out the list. 1. AMC Entertainment Holdings (AMC) Edging out Tesla… Continue reading AMC Entertainment is Yahoo Finance’s 2021 top trending ticker

The trends that will help shape connected driving in 2022

In the always-connected modern world, car manufacturers are working hard to keep up. We look at the connected driving trends that we’ll see in 2022. The rapid pace of technological change and innovation has revolutionized connected driving, with a shift toward in-car commerce, enhanced graphics, software-defined vehicles and more. Here are the major trends we… Continue reading The trends that will help shape connected driving in 2022