US stocks closed lower as year-end profit-taking dominated amid thin trading, with Treasury yields and the dollar little changed and oil prices rebounding on renewed geopolitical tensions.
#YonhapInfomax #NewYorkStockExchange #USTreasuryYield #DollarIndex #WTICrude #TeslaInc #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=97629
[New York Market Briefing](30th)

US stocks closed lower as year-end profit-taking dominated amid thin trading, with Treasury yields and the dollar little changed and oil prices rebounding on renewed geopolitical tensions.

Yonhap Infomax
Tesla Inc. reported an $80 million gain from its Bitcoin holdings in Q3, reflecting a 6.4% increase in digital asset value as new FASB rules require quarterly recognition of crypto gains and losses.
#YonhapInfomax #TeslaInc #Bitcoin #Q3Earnings #DigitalAssets #FASBRegulations #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=86919
Tesla Books $80 Million Bitcoin Gain in Q3 Financials

Tesla Inc. reported an $80 million gain from its Bitcoin holdings in Q3, reflecting a 6.4% increase in digital asset value as new FASB rules require quarterly recognition of crypto gains and losses.

Yonhap Infomax
The Tesla Board of Directors is simply going to allow Elon Musk to exploit Tesla investors by not taking any action to rein him in and prevent him from damaging the Tesla brand further and $TSLA value which as dropped significantly. The pensions that invest in Tesla should sue their board for breaching their fiduciary duty. Frankly, Elon should have been removed as CEO months ago. #teslatakedown #tesla #TeslaInc
Elon Musk, after stepping down from his Trump administration post, publicly condemned the Senate's "Big Beautiful Bill" tax cut plan as "repulsive," warning it would balloon the U.S. deficit to $2.5 trillion and burden Americans with unsustainable debt.
#YonhapInfomax #ElonMusk #TrumpAdministration #TaxCutBill #USDeficit #TeslaInc #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=66038
Musk Slams Trump Tax Cut Plan as 'Repulsive and Disgusting' - Yonhap Infomax

Elon Musk, after stepping down from his Trump administration post, publicly condemned the

Yonhap Infomax
Trump reportedly tells inner circle that Tesla CEO Elon Musk will step down from his role in the administration within weeks, amid growing political tensions and Musk's desire to return to his company.
#YonhapInfomax #DonaldTrump #ElonMusk #TeslaInc #PoliticalTransition #GovernmentEfficiency #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=56851
Politico - 'Trump Hints to Inner Circle That Musk Will Soon Step Down'

Trump reportedly tells inner circle that Tesla CEO Elon Musk will step down from his role in the administration within weeks, amid growing political tensions and Musk's desire to return to his company.

Yonhap Infomax
Tesla recalls 700,000 vehicles over tire pressure warning failure

Tesla is recalling 700,000 vehicles due to a problem with the tire pressure monitoring system's warning light.

Newsweek
Elon Musk Declares ‘DEI Must DIE’ As Tesla Owner Calls To End Diversity, Equity, And Inclusion Initiatives

Elon Musk communicated what likely is behind the Diversity, Equity, and Inclusion backlash in American society in a post to Twitter/X.

Black Enterprise

The United Auto Workers union offered a new contract proposal to General Motors Co. similar to the tentative agreement signed with Ford Motor Co., ...

The United Auto Workers union offered a new contract proposal to General Motors Co. similar to the tentative agreement signed with Ford Motor Co., according to people familiar with the matter, in the latest bid to end a six-week-old strike.#UnitedAutomobileWorkers #GENERALMOTORSCO #FORDMOTORCO #MaryTeresaBarra #TESLAINC #China #Employment #STELLANTISNV #EmergingMarkets #Asia #business
Bloomberg - Are you a robot?

UAW Makes New Proposal to GM as Sides Bargain to End Strike

The United Auto Workers union offered a new contract proposal to General Motors Co. similar to the tentative agreement signed with Ford Motor Co., according to people familiar with the matter, in the latest bid to end a six-week-old strike.

Bloomberg
Elon Musk Biography Rife With Egregious Behavior, Billionaire Fallouts, Sexual Fantasies

We pulled 13 big revelations as reported by Walter Isaacson in "Elon Musk."

Jezebel
Elon Musk Sent a Photo of Grimes Mid C-Section to Her Dad and Brothers

Oh good, yet another factoid from a biography of the billionaire I'd like to un-know.

Jezebel