Elon Musk, founder and CEO of the electric car manufacturer Tesla, became the largest shareholder in the social media company Twitter. Musk, worth an estimated $282 billion, purchased 73 million shares to give him a 9.2% stake in the company.
by Sheena AllenOn March 9, 2022, Amazon approved a 20-for-1 stock split. The split means that each shareholder, by the end of May 27, 2022, will receive 19 additional shares when the transaction occurs.
by Sheena AllenAs electric vehicles have been proven to possess many benefits, such as a lower average cost, it is essential to analyze the costs associated with both types of cars, to determine which one is ultimately better.
by Sheena AllenBefore the rise of cryptocurrency, the only way to purchase items was through cash, or cash equivalents, such as debit cards and credit cards. However, over the past couple of years, the rise in popularity of different cryptos has caused them to become slowly integrated into our daily lives.
by Matin VarshochiThere are numerous ways to invest your money to grow your wealth, such as through the stock market, index fund, or real estate investing. Trading stock options is more advanced than buying and holding or day trading stocks.
by Matin VarshochiOn December 14, 2021, Tesla CEO Elon Musk tweeted he would accept Dogecoin as payment when purchasing select items from the Tesla merchandise store. The announcement by Musk caused the value of Dogecoin to increase by 20%.
by Matin VarshochiElon Musk allegedly violated one of the agreements in a pending securities lawsuit from 2018. According to the SEC, the co-founder of Tesla used his Twitter to provide financial information about the company that caused Tesla stock to increase.
by Sha'Kreshia TerrellDue to the pandemic, Hertz filed for bankruptcy. Less than four months after coming out of bankruptcy, they announced a deal with Tesla. The deal with Tesla will include 100,000 Model 3s, which will be shipped to Hertz by the end of 2022.
by Matin Varshochi