Wall Street Momentum Stalls After Thursday's Rally, Palantir Jumps To 3-Year Highs, Bonds Rally: What's Driving Markets Friday?
US Senator Warren has set sights on Musk: calling for an investigation into whether Tesla has abused company resources.
US Democratic senator Elizabeth Warren has demanded that Tesla's board of directors investigate whether CEO Musk has abused company resources to support his other operations. She pointed out that Musk's transfer of computer chips from Tesla to his social media company X and AI enterprise aAI may constitute improper use of company resources and unavoidable conflicts of interest. She questions the corporate governance and regulatory responsibilities of Tesla's board of directors and seeks more information to assess whether regulatory agencies such as the SEC need to intervene.
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LiveOne Announces Total Memberships Surpass 3.9M; Tesla Membership Boasts 26% YoY Growth; New Paid Members Increase Over 225K In Fiscal Year 2025 And 64K In July 2024; Total Membership: Grew 23% YoY
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