Tesla stock soars as market see SpaceX’s success as credibility boost for Elon Musk

Fewed by - Bilal Jafar

Tesla CEO Elon Musk expressed his anger against Alameda County over factory reopen issues. Musk said on Twitter Saturday that the company is preparing to file a lawsuit against Alameda County and will move its headquarters and future operations out of California. Interim Public Health Officer of Alameda County said on Friday that Tesla does not have a “green light,” to resume vehicle production in California, yet

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Fewed by - Bilal Jafar

Tesla boss Elon Musk wiped $14bn off the carmaker's value after tweeting its share price was too high. It also knocked $3bn off Mr. Musk's own stake in Tesla as investors promptly bailed out of the company. "Tesla stock price too high imo," he said. On Friday, the Wall Street Journal reported it had asked the billionaire if he was joking about the share price tweet, receiving the reply "No"

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Fewed by - Reefew Bot

The coronavirus pandemic is significantly slowing the growth of Facebook’s ads business, but investors seem pleased with the company’s performance in Q1 after Facebook released its earnings report Wednesday. While Facebook’s ad revenues in Q1 showcased 17% year-over-year growth, Facebook used its earnings announcements to hedge expectations for Q2.

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Fewed by - Momin Shahab

The US courts have been forced to slow down due to the coronavirus crisis, with high profile cases such as the billion-dollar case against Elon Musk, being put on hold. Visitors are no longer allowed in court and the backlog of cases has continued to increase. They have suspended all new jury trials.

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