A regulatory filing on Thursday said billionaire Elon Musk has offered to buy Twitter for $41.39 billion. Musk’s bid of $54.20 per share represents a 38 percent premium to Twitter’s closing price on April 1, which was the last trading day before the Tesla CEO announced his investment in more …
Read More »US Consumer Sentiment Drops in January 2022
Consumer Sentiment has recorded the second-lowest reading in a decade. The University of Michigan Consumer Sentiment Index has recorded a dip of 2.5% in early January 2022 from its level in December 2021, according to preliminary results released Friday.The MCSI now stands at its second-lowest level in a decade, the …
Read More »Elon Musk Owes USD 11 Billion Taxes After Wrapping Up Tesla Stock Sales
Elon Musk appears to have wrapped up a busy year of trading his Tesla shares Tuesday. He will end up with one of the largest tax bills in history to show for it.The Tesla CEO exercised options to buy another 1.6 million shares, and sold 934,090 of those shares for …
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