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Louis Bacon of Moore Capital Management bought 25,000 shares of Tesla, increasing his position by 19%. He also sold 616,475 shares of Amazon, reducing his position by 76%. Israel Englander of ...
Elon Musk and Jeff Bezos, the CEOs of Tesla and Amazon, are the two richest individuals on the planet, behind only the family of Bernard Arnault. With respective net worths of $188.5 and $192.8...
Tesla (NASDAQ: TSLA) and Amazon (NASDAQ: AMZN) are two of the most valuable U.S.-based companies. Tesla has never been a typical car company, with its lofty valuation supported by the potential of ...
Amazon.com, Inc., [1] doing business as Amazon (/ ˈ æ m ə z ɒ n /, AM-ə-zon; UK also / ˈ æ m ə z ə n /, AM-ə-zən), is an American multinational technology company engaged in e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence. [5]
Here are some of the reasons that could be motivating the massive run-up in Tesla’s stock. One reason why Tesla stock could be spiking right now is what’s known as the law of the greater fool.
In May 2022, Tesla was removed from the S&P 500 ESG Index by S&P Dow Jones Indices, and in response, Elon Musk posted a tweet to his Twitter account criticizing the decision and, in noting that ExxonMobil was rated within the top 10 constituent companies in the index by weight, accused ESG of being a scam. [146] [147]
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