Connect with us

Business

Musk Sells $6.9 Billion of Tesla Stock

Published

on



Elon Musk has sold almost $7 billion of shares in Tesla Inc. according to regulatory filings revealed on Tuesday. That sale comes just months after he said he had no plans to sell any more stock in the electric car maker. Emma O’Brien reports on Bloomberg Television.
——–
Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com
Connect with us on…
Twitter: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/

source

Continue Reading
43 Comments

43 Comments

  1. @vamphighways

    January 4, 2024 at 10:53 pm

    funny numbers

  2. @swaep114

    January 4, 2024 at 10:53 pm

    No One selling *IQSTEL… The Top Gaining EV stock in August… and Likely will be TOP EV Gainer in 2022..$$..??

  3. @xpengfangirl7942

    January 4, 2024 at 10:53 pm

    china approves cash-in on tard money, tsla stock split 5X in Sept., we will fix the lib new order, AI will take your job, sign up to be a cop, and clean police rapists, anyway the weapons don´t get to Ukraine, we take them from donators, thank you, and anyway, nato squeezed china and russia too far, so now prepare ww3, if you ban gold, then we will shock you, thanks for handing the new order to russia and china, the yuan is getting too strong, so we buy rubles now, and rands, and russia gives us cheap oil, so we capitalize, and please buy btc, tesla, apple, and amazon, so our factories pumping, we on giga 4 now, all you need, and order with features, so we can see you better, leave africa to russia and china bz it is ours, you can have leftist south america for free

  4. @jeno2432

    January 4, 2024 at 10:53 pm

    BTC's price has been fluctuating lately, buying the capitulation isn't a tough call, but it is a very tough call to figure out what to do aside holding. The good thing about the space is that you can buy the dips and put them into active trades, while confidently waiting for a pump in price because it is inevitable. Most people do not understand how the space works. Your advantage is understanding , Charts won’t guarantee what an asset is going to do. Prices will go up or down. Nevertheless, the market has been so profitable despite price ups and down. I've always played safe implementing trades with insights and signals from a renowned trader, Mr Jeff Erno . I made 22.5 BTC from the recent crash in the market last week.

  5. @gt3_224

    January 4, 2024 at 10:53 pm

    BUYING AMC APES ????????? Historic Moass??? August 22????🚀🚀🚀🚀

  6. @annddyyy-6920

    January 4, 2024 at 10:53 pm

    The Market has been pretty bad until today it decided to surge. Everybody was Practically Crying then. It kept dipping. That's what you get when you feel you can navigate the process on your own. Big thank to Hilder Ferguson. I'm not bothered with how bad the Market is because my assests are insured due to her advice and I still receive my profits

  7. @truepersona6804

    January 4, 2024 at 10:53 pm

    Imagine EM buying Twitter Bots for 44 billion and selling it for 44 million to WALMART or ALIBABA !?! 😂🤣😂🤣.
    INDEED LIFE'S A FULL CIRCLE !

  8. @RocellerAlvarez

    January 4, 2024 at 10:53 pm

    He knew… he sold exactly during a bear market rally. The rally is almost over. Next week is the start of a MAJOR CRASH into a RECESSION. Sell your stocks before you get caught.

  9. @lochan8180

    January 4, 2024 at 10:53 pm

    "And I saw the dead, small and great, standing before God, and books were opened. And another book was opened, which is the Book of Life. And the dead were judged according to their works, by the things which were written in the books.
    The sea gave up the dead who were in it, and Death and Hades delivered up the dead who were in them. And they were judged, each one according to his works. 
    Then Death and Hades were cast into the lake of fire. This is the second death. And anyone NOT FOUND written in the Book of Life was cast into the lake of fire." (REVELATION 20:12-15 NKJV)

    Today, while you are still alive and able, may you repent from your sins, believe in your heart and confess with your mouth that JESUS CHRIST is your Lord and Savior, so that through Him, your name will be written in the Book of Life.

    "For God so loved the world that He gave His only begotten Son, that whoever BELIEVES in Him 
    should not perish but have everlasting life.
    For God did not send His Son into the world to condemn the world, but that the world through Him might be saved." (JOHN 3:16-17 NKJV)

    By God's GRACE, the gift of Salvation and Eternal Life is available to all. You can RECEIVE it. You can REJECT it. May you choose wisely ✝️

  10. @elenaisla3005

    January 4, 2024 at 10:53 pm

    *IT'S BEEN SO ROUGH FOR ME TRADING ON MY OWN BECAUSE I HAVE HAD MUCH LOSSES. THINK THE REAL MARKET IS MANIPULATED. PLEASE, CAN ANYONE HELP ME OUT OR TELL ME WHAT I'M DOING WRONG.*

  11. @jansprlak110

    January 4, 2024 at 10:53 pm

    Beta tester od roku 2016 oceňujem,,

  12. @satishsoni1797

    January 4, 2024 at 10:53 pm

    This is peak for Tesla. Now there are competitors and Elon knows it. With Behemoths like Ford, GM, Toyota, Hyundai etc. entering EV space, Elon knows it's time.

  13. @francescook2740

    January 4, 2024 at 10:53 pm

    I’ve been earning over $8k weekly from my investment, all thanks to Mrs. Maria Hernandez 🙏🙏🙏 you are the best in trading

  14. @jamesnguyen7069

    January 4, 2024 at 10:53 pm

    he cashed out to buy crypto… to reward, (the same people who pushed up his tsla stock) duh…einstein…the TWITTER settlement is legalized money laundering… companies can no longer have offshore money. they find new loopholes everyday from the government

  15. @ManyHeavens42

    January 4, 2024 at 10:53 pm

    I new that was coming
    I smart.

  16. @MYRIAMLATEUR

    January 4, 2024 at 10:53 pm

    Why don’t you talk about Musk losing billions of subsidies for Tesla, Spacex and Starlink? Subsidies=your tax money!
    Federal Communications Commission finally realises the poor results of Spacex and Starlink and is cutting billions of subsidies right now.
    Tesla losing billions, Musk selling billions of stock again, factories closing, and billions of subsidies withdrawn due to quality issues and false promesses of FULL auto piloting.
    Musk is about to lose the Twitter case: 45 billion! Despite his army of A+ lawyers!
    The myth around Musk starts to unravel.

  17. @princessjavellana898

    January 4, 2024 at 10:53 pm

    Carlo magno obo manobo agla mantrams jem

  18. @bobdobbs7600

    January 4, 2024 at 10:53 pm

    Trash news

  19. @olvinfuentes7514

    January 4, 2024 at 10:53 pm

    69

  20. @pt265

    January 4, 2024 at 10:53 pm

    .Buy the dip in Verizon, WBD, and FAAMG stocks (Amazon, Apple, Microsoft, Google) are such cash cows, and their stocks have dropped -27% since the highs in 11/2021 that I expect they would buy back their shares.

    Here's why:

    – people have jobs, under 4% unemployment

    – banks report the highest balances in people's accounts

    – house values are way up, people can always pull out the equity for cash

    – credit card sales for restaurants and hotels are up.

    – Back to school will increase retail sales. I have to buy the kids a new Apple Macbook, iPad, Apple pen 2nd gen, and dorm stuff.

    Nothing to worry about. Q1 is historically low retail sales for the last 4 years.

    Morgan Stanley data shows that credit and debit card spending are way up (restaurants and hotel), but people just aren't buying lowend retail (Walmart, Target) as much.

  21. @rajeevprasad1449

    January 4, 2024 at 10:53 pm

    musk is on downward spiral. from now on, this is the beginning of his end.

  22. @rajeevprasad1449

    January 4, 2024 at 10:53 pm

    elon musk is a fraud.

  23. @j4m3zflem007

    January 4, 2024 at 10:53 pm

    funny. he always sells right before its about to plummet. lets see

  24. @petermoyse

    January 4, 2024 at 10:53 pm

    Tesla is facing massively increasing competition from America's other and Japan's auto manufacturers. The most money Tesla makes comes from EV sales. They are about to be blitzed by Ford, Toyota/Lexus, GM and possibly even VW EVs. Best to sell stock now on the back of strong sales. Those sales aren't gonna stay strong for long. Tesla has been fiddling around with their truck for 3 years. In the meantime, Ford has launched the Ford 150 Lightning and they can't even keep up with demand. Tesla needs to diversify. Launching a smartphone is a start. But, IMO, the Tesla brand is way overvalued.

  25. @han605

    January 4, 2024 at 10:53 pm

    to settle with Twitter?

  26. @ricks871

    January 4, 2024 at 10:53 pm

    What a waste of money twitter is

  27. @chaselewellyn4287

    January 4, 2024 at 10:53 pm

    Tesla needs to change their moto to "Ask Why"

  28. @TheStrangeKage

    January 4, 2024 at 10:53 pm

    I have 110shares igot in 2018. Should I sell to pay off credit cards

  29. @bullwaves6681

    January 4, 2024 at 10:53 pm

    People treat Elon like God, I just can't understand that. Dude is a manipulator.

  30. @simonfes3770

    January 4, 2024 at 10:53 pm

    Mid/small caps are high beta stocks. With deep research about quality of management and business, it is possible to zero on good/great companies. A few companies, held for a decade in this space can be a game-changer I have earned all my returns by investing in mid/small caps.

  31. @cosminviziteu1551

    January 4, 2024 at 10:53 pm

    Elon musk is the Antichrist, don’t let him fool you. He wants us to put his neuralink chips in our brains. Don’t let him do that to you. God bless you all.

  32. @r.minnis9722

    January 4, 2024 at 10:53 pm

    Elon: Im not selling ……. so you buy then you hear rug sweeping from under you what a con man

  33. @arodriguez2707

    January 4, 2024 at 10:53 pm

    He's cashing out because Tesla is going to become a Zombie as USA hits a prolonged recession. 8.8 Trillion Fed balance sheet pushed up financial asset prices, and it's reduction will push down financial assets prices besides from sending USA into recession.

  34. @valdomero738

    January 4, 2024 at 10:53 pm

    Sell sell sell baby

  35. @JimmyHuynhdesign

    January 4, 2024 at 10:53 pm

    Good news bad news…you can't deny that large companies have been freezing hiring and running layoffs in masses. This is them telling us that they dont see major profits heading into the future.

  36. @herrwahnsinn4229

    January 4, 2024 at 10:53 pm

    Musk thinking about disgusting fanboy simps – have you heard of Sagmar? You're not on the team

  37. @jonrichcorpuz2380

    January 4, 2024 at 10:53 pm

    Lol 6.9

  38. @andrel.2768

    January 4, 2024 at 10:53 pm

    Not 6.8, not 7.0, but 6.9.

  39. @requiem5179

    January 4, 2024 at 10:53 pm

    I already think Ford and GM have better EV products. Once Jeep and other popular models emerge, Tesla becomes more niche and irrelevant.

  40. @Fetchem1222

    January 4, 2024 at 10:53 pm

    Short Tesla. Too much competition- ford raising prices due to demand. Tesla is heading to the bottom of the pond.

  41. @googlebanmetoomuch2601

    January 4, 2024 at 10:53 pm

    He sells whenever the price is up

  42. @malcolmang9867

    January 4, 2024 at 10:53 pm

    Look like Tesla fail to the moon.

  43. @tjmns

    January 4, 2024 at 10:53 pm

    TTOO might be a good comeback they have a monkey pox panel coming out soon, maybe a good discount price right now just sayin (imo)

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

OpenAI Considers Slowing AI Development

Published

on



Brent oil slipped, easing this week’s sharp rally, after the International Energy Agency warned about a deteriorating outlook for consumption this year.

US stocks and Treasuries caught some respite as oil prices eased, with traders looking to the August US inflation report for the clearest signal yet on whether the Federal Reserve will hike interest rates next week.

Bloomberg has learned OpenAI is considering slowing down the development of cutting-edge artificial intelligence, and the ChatGPT maker’s CEO Sam Altman is hoping other AI companies will do the same. In a company-wide meeting this week, Altman told employees that OpenAI could potentially pace its AI development — perhaps in conjunction with several other AI labs, but that some may not agree to do so, according to people familiar with the matter.

Today’s guests: Toril Bosoni, International Energy Agency Oil Industry & Markets Division Head; Jim O’Neill, UK House of Lords Member; Mohit Kumar, Jefferies Chief European Economist & Strategist; Katja Hoyer, Historian & Author.


“The Pulse With Francine Lacqua” is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.

Chapters:
00:00:00 – The Pulse with Francine Lacqua
00:00:24 – Inflation fears drive global bond selloff
00:02:56 – Toril Bosoni, IEA Head of Oil Industry and Markets Division
00:12:55 – Jim O’Neill, UK House of Lords, Member
00:23:34 – Friday headlines
00:24:20 – Mohit Kumar, Jefferies, Chief European Economist and Strategist
00:29:52 – OpenAI’s Altman said to tell staff open to slowing cutting-edge AI
00:33:09 – Trump says Americans ‘deserve’ promised payout
00:37:57 – France cuts 2026 GDP growth
00:38:37 – Sweden general election on Sunday
00:40:57 – Katja Hoyer, Historian
——–
More on Bloomberg Television and Markets

Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.

Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/

Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/

More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio

Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals

Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

source

Continue Reading

Business

Energy Driven Inflation Complicates Fed Rate Call

Published

on



PNC Chief Investment Officer Amanda Agati is on Bloomberg This Weekend and says the Fed faces a difficult decision as energy-driven inflation pushes markets toward expectations for higher rates, warning that further tightening could risk a policy error. Agati also tells hosts David Gura and Christina Ruffini investors are also adjusting to the prospect of a longer Iran war, while strong corporate earnings have pushed concerns about AI spending further into the background.
——–
More on Bloomberg Television and Markets

Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.

Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/

Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/

More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio

Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals

Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

source

Continue Reading

Business

Yen Rally Gaining Further Momentum: 3-Minutes MLIV

Published

on



Guy Johnson, Tom Mackenzie and Adam Linton break down today’s key themes for analysts and investors on “Bloomberg: The Opening Trade.”
——–
More on Bloomberg Television and Markets

Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.

Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/

Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/

More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio

Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals

Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

source

Continue Reading

Business

The Investigation Shaking a Sports Mogul’s Empire

Published

on



Mark Walter pioneered how insurance companies invest policyholders’ payments. His deal-making spawned a lucrative investment empire spanning insurance, financial services and technology, and even some of the world’s most glamorous sports franchises. But now, that empire is under scrutiny.

US prosecutors and regulators are investigating whether two insurers Walter controls properly disclosed $20 billion in loans to other businesses he controls.

Mark Walter’s Insurers Ramped Up Borrowing From Home Loan Bank to $6 Billion: https://bloom.bg/3SU9Jwc

Watch more mini documentaries from Bloomberg: https://www.youtube.com/playlist?list=PLGaYlBJIOoa_EzzMpticURNR29AiQi10v

Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.

#Business #Investigation #Sports

source

Continue Reading

Business

AI-Led Rout as Yields Climb | Closing Bell

Published

on



Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.
——–
More on Bloomberg Television and Markets

Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.

Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/

Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/

More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio

Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals

Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

source

Continue Reading

Trending

On this website we use first or third-party tools that store small files (cookie) on your device. Cookies are normally used to allow the site to run properly (technical cookies), to generate navigation usage reports (statistics cookies) and to suitable advertise our services/products (profiling cookies). We can directly use technical cookies, but you have the right to choose whether or not to enable statistical and profiling cookies. Enabling these cookies, you help us to offer you a better experience.