The Australian sharemarket extended its gains on Tuesday following a positive lead from Wall Street where Big Tech stocks rallied.
Tesla shares have soared after a bullish report from Morgan Stanley about the company’s planned Dojo supercomputer.
Robyn Denholm,chair of Tesla’s board,says the Albanese government can create a local battery-making industry with modest tax breaks for investors.
Tesla has accused the automotive industry’s peak lobby group of seeking loopholes that could weaken new fuel pollution limits and slow the uptake of EVs.
Zach Kirkhorn played a pivotal role in turning Tesla into a $1 trillion juggernaut and was seen as a contender to succeed Elon Musk as CEO one day.
These investors have million-dollar-plus portfolios,but are buying very different shares.
The Australian sharemarket finished the week on a flat note after share price falls in major US tech stocks overnight.
Tesla directors,including co-founder Elon Musk,his brother Kimbal,James Murdoch and Oracle founder Larry Page,had been accused of improperly giving themselves massive compensation packages.
Electric cars aren’t nearly as fun to drive.
Meta’s Mark Zuckerberg is ramping up his efforts to court the same “tech bros” who have been captivated by billionaire Elon Musk.
With office basements,once full of cars,now sitting almost empty,the property giant is offering its tenants in the upmarket Salesforce tower the use of Tesla Model 3s.