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Tesla’s Elon Musk Makes Big Money Due To SEC Funding Secured Agreement

It’s pretty ironic that the SEC’s punishment ended up indirectly generating over $50 million for Musk. If you follow the EV segment, and especially Tesla, you probably know all about the “420” situation, or should we say “funding secured”? Just in case it doesn’t ring a bell, we’ll briefly explain. Basically, back in August 2018, …
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Citron Research Says Tesla Will Rebound From Stock Fall

Believes critics are “over their skis.” The world of investment can be a strange place. That’s especially true when it comes to Tesla. Former bullish (positive) positions can turn bearish (negative). Former bearish positions become bullish. That’s the case in this particular instance. After years of being steadfastly and wrongly sure that Tesla would fail …
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Tesla Stock Hits High Ahead of Annual Meeting, Shareholders to Vote On Board Terms

Tesla shareholders will vote today on a proposal to end three-year terms for directors in favor of a yearly re-election process. Shareholder proxy services Institutional Shareholders Services Inc. and Glass Lewis & Co. have objected to Tesla filling its board with members that have close ties – personal and professional – to Chief Executive Elon Musk. …
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Toyota Sells Tesla Stake

Toyota has sold its stake in Tesla, according to a Bloomberg report. A relationship between the two automakers began in 2010 in an effort to partner on electric vehicle technology. Soon they announced a plan to develop electric models of Toyota’s RAV4 in Canada. They sold about 2,500 of the vehicles, but a culture clash …