Monday, November 8, 2021

Taxes, not Twitter, are the real reason Elon Musk might sell some Tesla shares

If and when Elon Musk sells a large chunk of his Tesla shares, it'll probably have relatively little to do with a Twitter poll among his loyal followers — and everything to do with a looming multi-billion-dollar tax bill.
CNN Business: Markets Now
 
  Advertisement
News: What you need to know about the markets
 
 
Taxes, not Twitter, are the real reason Elon Musk might sell some Tesla shares
If and when Elon Musk sells a large chunk of his Tesla shares, it'll probably have relatively little to do with a Twitter poll among his loyal followers — and everything to do with a looming multi-billion-dollar tax bill. Read more »
 
Inflation will likely get worse before it gets better, Goldman Sachs says
Sticker shock is causing anxiety for millions of Americans right now, with prices soaring for gasoline, groceries and used cars. Read more »
 
Short squeezes are pushing these stocks to the moon
The individual investor army on Reddit that helped push GameStop and AMC to unprecedented heights earlier this year has found some more companies to rally around. Read more »
 
Key Fed official Randal Quarles plans to resign, creating another vacancy for Biden to fill
Randal Quarles, previously the top Federal Reserve official overseeing Wall Street, announced plans Monday to resign in December. Read more »
 
Tesla shares slide after Elon Musk asks Twitter if he should sell
More than $60 billion was wiped off Tesla's market value early on Monday after millions of Elon Musk's Twitter followers voted in favor of him selling 10% of his shares in the company. Read more »
 
Aaron Rodgers' State Farm commercials are disappearing from your TV
Aaron Rodgers has been prominently featured in State Farm's television ads for about a decade. This past weekend, he was almost nowhere to be found. Read more »
 
 
 
 
Dow Nasdaq S&P
+104.27   +10.77   +4.17
36,432.22   15,982.36   4,701.70
+0.29%   +0.07%   +0.09%
YTD +19.03%   YTD +24.01%   YTD +25.18%
 
Biggest Winners
Freeport-McMoRan Inc +6.45%
 
CF Industries Holdings Inc +5.64%
 
Vulcan Materials Co +4.95%
 
Hess Corp +4.68%
Biggest Losers
Live Nation Entertainment Inc -5.38%
 
AES Corp -4.32%
 
Kimco Realty Corp -4.19%
 
MGM Resorts International -3.63%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $82.19 +0.92 / +1.13%
Gold $1,826.50 +9.70 / +0.53%
10-yr 1.50% +0.04
Euro $1.16 +0.00 / +0.16%
Hi, let us know what you
think of this newsletter!
 
Tell us what you want to read more of... and less of.
Email your tips and feedback to MarketsNowFeedback@turner.com
Sign up for
Reliable Sources
newsletter
  Sign up for
Before the Bell
newsletter
 
 
Tips, thoughts or questions are always welcome at
MarketsNowFeedback@turner.com
 
Want to change how you receive these emails?
You can unsubscribe from this list
 
® © 2021 Cable News Network Inc.
A WarnerMedia Company. All Rights Reserved.
You are receiving this message because you subscribed to
CNN Business's "Markets Now" newsletter.

Our Mailing address is:
Cable News Network, Inc.
1 CNN Center
Atlanta, GA 30303
 
                                                 

No comments:

Post a Comment

22 spring outfit ideas to fight fashion-decision fatigue

Your Horoscope For The Week Of May 13 VIEW IN BROWSER ...