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Elon Musk's "demand for salary" fails again! US judge rules Tesla's $56 billion compensation package invalid.
1. A judge in Delaware, usa upheld the original ruling that Tesla's promise of a $56 billion compensation package to Musk in 2018 is invalid; 2. Tesla shareholders previously voted to approve this compensation agreement, but the judge stated that the board of directors does not have the authority to restore Musk's compensation through a re-vote; 3. The judge also ordered Tesla to pay $0.345 billion in legal fees as compensation for the lawyers who won the case against Musk's invalid compensation package.
SpaceX's latest valuation: 350 billion USD?
In half a month, SpaceX's valuation soared by $100 billion.
Cathie Wood Slams Delaware Judge As 'Activist' Over Elon Musk's $56B Pay Plan Block, Tesla Warns Of Shareholder Rights Crisis Amid Appeal
Options Market Statistics: Investors Cheered Tesla's Long-Awaited FSD Update; Options Pop
USA drone stocks crashed on Monday.
The stock price of the drone concept stock Unusual Machines fell by 19.5% on Monday, but increased by 89% and 85% respectively on the previous two trading days. Previously, the support of drones by Musk and the news of Trump's son Donald becoming an advisor to Unusual Machines boosted its stock price.
Nasdaq, S&P hit new highs, French stock and bond yields fluctuate and rise, Euro once fell more than 1%, Dollar rose.
On the first trading day of December, Cyber Monday shopping amounts will break records, with the Nasdaq and Chinese concept stocks rising about 1%, and the chip index leading with a 2.6% increase, while the Dow fell from its peak. Tesla soared over 4% during the day, intel rose nearly 6% before turning negative, super micro computer surged nearly 29%, and Xpeng autos climbed over 5%, but Li Auto dropped nearly 4%. The French government faces a vote of no confidence, causing French stocks to briefly fall over 1%, and the spread between French and German government bond yields approached the widest in twelve years. US henry hub natural gas fell over 4%, the indian rupee hit a new low, and the offshore yuan dropped over 400 points, falling below 7.29 yuan.
KC67 Chan : Huge mistake , shopify gonna go down more
Kraks KC67 Chan : when to buy? I am very deep and I am sure that's a good long term investment
KC67 Chan Kraks : If Cathie Wood can buy now , perhaps could heed her action
fattcat : vhh