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$Tesla (TSLA.US)$ chief Elon Musk took to $Twitter (Delisted) (TWTR.US)$ to mock Sen. Bernie Sanders (I-VT) after the progressive legislator made yet another social media pronouncement to increase taxes on the ultra-wealthy.
What Happened: Sanders put a tweet online Saturday that declared, “We must demand that the extremely wealthy pay their fair share. Period.”Musk noticed the tweet on Sunday morning and offered a two-part reply. In his first volley, Musk mused to Sanders, “I keep forgetting that you’re still alive.”In the second part of his response, Musk added, “Want me to sell more stock, Bernie? Just say the word.”
Why It Matters: Musk’s wealth became the target of increased media attention earlier this month when United Nations World Food Program (WFP) Director David Beasley claimed that billionaires including Musk could help solve world hunger with just a fraction of their net worth. Musk responded to Beasley via Twitter that the WFP was not able to solve world hunger despite raising $8.4 billion in 2020.
Last week, news surfaced that Elon Musk faced a $15 billion tax bill, which prompted him to sell some shares in his electric vehicle company.
What Happened: Sanders put a tweet online Saturday that declared, “We must demand that the extremely wealthy pay their fair share. Period.”Musk noticed the tweet on Sunday morning and offered a two-part reply. In his first volley, Musk mused to Sanders, “I keep forgetting that you’re still alive.”In the second part of his response, Musk added, “Want me to sell more stock, Bernie? Just say the word.”
Why It Matters: Musk’s wealth became the target of increased media attention earlier this month when United Nations World Food Program (WFP) Director David Beasley claimed that billionaires including Musk could help solve world hunger with just a fraction of their net worth. Musk responded to Beasley via Twitter that the WFP was not able to solve world hunger despite raising $8.4 billion in 2020.
Last week, news surfaced that Elon Musk faced a $15 billion tax bill, which prompted him to sell some shares in his electric vehicle company.
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$FuelCell Energy (FCEL.US)$ Caught Stars & Moon 🌙 🚀 🚀
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$Disney (DIS.US)$ Wall Street expects Disney to earn 44 cents per share on revenue of 16.22 billion U.S. dollars. In contrast, a loss of 20 cents per share in the same period last year, revenue of 14.71 billion US dollars.
Highlights: Disney's stock has lost its magic. Although the company has achieved great success thanks to the streaming media platform Disney+, the company’s stock price has fallen by 6% so far this year, lagging behind the 24% increase in the Standard & Poor’s 500 Index. At the same time, in the past six months and 30 days, the stock has fallen 8% and 2%, respectively. During this period, the Standard & Poor's 500 Index rose by 12% and 9%, respectively.
Although Disney+ has transformed the company into a direct-to-consumer (DTC) giant, especially in the fierce competition from established streaming platforms such as Netflix (NFLX) and Amazon Prime Video, Disney’s current valuation suggests that it It is a growth stock.
Highlights: Disney's stock has lost its magic. Although the company has achieved great success thanks to the streaming media platform Disney+, the company’s stock price has fallen by 6% so far this year, lagging behind the 24% increase in the Standard & Poor’s 500 Index. At the same time, in the past six months and 30 days, the stock has fallen 8% and 2%, respectively. During this period, the Standard & Poor's 500 Index rose by 12% and 9%, respectively.
Although Disney+ has transformed the company into a direct-to-consumer (DTC) giant, especially in the fierce competition from established streaming platforms such as Netflix (NFLX) and Amazon Prime Video, Disney’s current valuation suggests that it It is a growth stock.
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Bought 934,216 shares — estimated to be worth $40.75 million — in $DraftKings (DKNG.US)$ . Shares of the sports betting company closed 2.37% lower at $43.62 a share on Friday.
Bought 116,837 shares — estimated to be worth $32.55 million — $Roku Inc (ROKU.US)$ . Shares closed 3.72% lower at $278.62 a share.
Sold 6,771 shares — estimated to be worth $312,955 — in $Pinterest (PINS.US)$ on the day shares closed 5.91% higher at $46.22 a share.
Sold 199 shares — estimated to be worth $44,930 — in $PayPal (PYPL.US)$ on the day shares of the payments company closed 1.07% lower at $225.78 a share.
Bought 116,837 shares — estimated to be worth $32.55 million — $Roku Inc (ROKU.US)$ . Shares closed 3.72% lower at $278.62 a share.
Sold 6,771 shares — estimated to be worth $312,955 — in $Pinterest (PINS.US)$ on the day shares closed 5.91% higher at $46.22 a share.
Sold 199 shares — estimated to be worth $44,930 — in $PayPal (PYPL.US)$ on the day shares of the payments company closed 1.07% lower at $225.78 a share.
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Is $Tesla (TSLA.US)$ Godzilla? The rise is too fast, too exaggerated, right? It's a pity that I don't have such a strong heart to join in. His ascent speed does not fall after a short rise, but keeps steady. This is really incredible. Our $Apple (AAPL.US)$ is also pretty good. I hope that in the future, Apple can cooperate with Tesla on communication software.
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$Carnival (CCL.US)$ I heard great news about the outbreak. Sit back, everyone, and it will take off soon
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China's Contemporary Amperex Technology Co Ltd, a battery supplier to $Tesla (TSLA.US)$ and $NIO Inc (NIO.US)$ will supply batteries to $Fisker (FSR.US)$ for its Ocean electric sports utility vehicle, the latter said in a statement on Tuesday.The contract to supply two different battery packs will run from 2023 till 2025 with an initial battery capacity of over 5 gigawatt-hours annually, Fisker said.
Fisker competes with Tesla — a company that once employed Henrik Fisker and even sued him over design secrets.
The California-based company has no sales or cars in production yet. It has revealed plans to develop a more affordable, sub-$30,000 electric vehicle that would launch by the end of 2023 with the help of $Apple (AAPL.US)$ Taiwan-based supplier $HON HAI PRECISION INDUSTRY SPON GDS EACH REP 2 SHS TWD10 REG'S' (HNHPF.US)$ Hon Hai, better known as Foxconn, has announced a deal to buy $Lordstown Motors (RIDE.US)$ Ohio assembly plant where it plans to build electric vehicles for Fisker.
Fisker competes with Tesla — a company that once employed Henrik Fisker and even sued him over design secrets.
The California-based company has no sales or cars in production yet. It has revealed plans to develop a more affordable, sub-$30,000 electric vehicle that would launch by the end of 2023 with the help of $Apple (AAPL.US)$ Taiwan-based supplier $HON HAI PRECISION INDUSTRY SPON GDS EACH REP 2 SHS TWD10 REG'S' (HNHPF.US)$ Hon Hai, better known as Foxconn, has announced a deal to buy $Lordstown Motors (RIDE.US)$ Ohio assembly plant where it plans to build electric vehicles for Fisker.
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