Tesla CEO Elon Musk reacts during a conversation at the E3 gaming convention in Los Angeles, June 13, 2019. Mike Blake | Reuters Elon Musk got $4.5 billion richer overnight, as Tesla’s share price continues to surge. Musk, who owns about 19% of the company’s stock, or 34.1 million shares, saw the value of his
Despite Tesla’s meteoric rise, which has seen the shares more than double this year, some investors argue that the company’s fundamentals and future growth justify its current valuation and stock price. Underlying the bull thesis is that Tesla and its founder Elon Musk are at the forefront of a push towards a greener future, and
Rob Daly | OJO Images | Getty Images The last decade has seen a surge in the number of gig workers, indicating broad economic and demographic shifts and raising concerns around long-term financial security for a growing share of the workforce, according to some experts. “We’re just going to keep seeing more of it,” Kerry
Starting your own business is one of the most difficult career paths to navigate, and even the most successful entrepreneur makes mistakes. But to really succeed, you need to take risks and understand you will not be successful right from the get-go. It takes a long time to grow a business — and even longer
This is a live blog. Please check back for updates. All times below are in Eastern time. Total cases: About 20,900 as of Tuesday morning.Total deaths: 429 as of Tuesday morning. 8:49 am: American Airlines suspends Hong Kong flights American Airlines on Tuesday suspended its Hong Kong service to and from Dallas/Fort Worth and Los Angeles
Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York, January 24, 2020. Lucas Jackson | Reuters Halfway through earnings season for the fourth quarter of 2019, and it’s been a tale of haves and have-nots. The haves include megacap tech names like Netflix, Intel, Microsoft,
Tesla CEO Elon Musk speaks during the unveiling of the new Tesla Model Y in Hawthorne, California on March 14, 2019. Frederic J. Brown | AFP | Getty Images This is a live blog. Check back for updates. 9:21 am: Tesla is really popular with new retail investors There’s been a huge rush of new
Billionaire investor Ron Baron told CNBC on Tuesday he’s ardently against implementing a wealth tax. “I hate the wealth-tax idea,” the founder of Baron Capital and lifelong Democrat said in a “Squawk Box” interview. “If you want to start taxes on people with high incomes, that’s OK,” he added. “But the wealth tax I think
Tesla Inc CEO Elon Musk dances onstage during a delivery event for Tesla China-made Model 3 cars in Shanghai, China January 7, 2020. Aly Song | Reuters Aside from the debate about Tesla‘s business itself and how big it can really become in the future, there are some investor-behavior and mechanical-market factors to consider in
These days college affordability is a huge concern, and as a result, more students and their families are wary of applying to pricey private schools. That is a mistake. Yes, annual tuition and fees plus room and board at four-year, private universities is much higher — $49,870, on average — compared to public institutions —