Thursday 16 August 2018

Could Elon Musk lose control of Tesla?

Elon Musk wants to take Tesla private because he is tired of dealing with short-sellers and stock analysts. Getting rid of them could cause him bigger problems.
CNNMoney Markets Now
 
Dow Nasdaq S&P
+396.32   +32.41   +22.32
25,558.73   7,806.52   2,840.69
+1.58%   +0.42%   +0.79%
YTD +3.40%   YTD +13.08%   YTD +6.25%
 
Biggest Winners
Walmart Inc +9.33%
 
Symantec Corp +4.64%
 
Boeing Co +4.29%
 
CenturyLink Inc +3.83%
Biggest Losers
Chipotle Mexican Grill Inc -4.41%
 
NetApp Inc -3.59%
 
Constellation Brands Inc -2.78%
 
Facebook Inc -2.69%
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Oil $65.50 +0.49 / +0.75%
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10-yr 2.87% +0.02 / +0.67%
Euro $1.14 +0.00 / +0.27%
News: What you need to know about the markets
 
 
Could Elon Musk lose control of Tesla?
Elon Musk wants to take Tesla private because he is tired of dealing with short-sellers and stock analysts. Getting rid of them could cause him bigger problems. Read more »
 
Walmart sales growth was the best in a decade
The company wowed Wall Street with solid gains in digital and groceries. Read more »
 
It's time for Tesla to call in a grown-up to keep Elon Musk in check
Elon Musk is a busy guy and his erratic tweeting has some investors nervous about the lack of a deep management bench at Tesla. It may be time for the company to hire a CEO. Read more »
 
Aldi is going granola to compete with Whole Foods
The German retailer is getting bigger -- but healthier. Read more »
 
JCPenney's latest results were absolutely dreadful
JCPenney's latest results were terrible. Another big loss. Sales are down. And the company still needs a new CEO. If JCPenney can't do well when consumers are in great shape, will it ever turnaround? Read more »
 
China: Trade talks with the US are back on
The Chinese Commerce Ministry announced Thursday that a delegation will travel to the United States later this month for trade talks. Read more »
 
 
 
 
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