Last week, Elon Musk filed a letter in federal court accusing the agency of harassment in the form of "endless, unfounded investigations" into Tesla.
Kimbal Musk, the younger brother of Tesla CEO and billionaire Elon Musk, says he regrets the electric vehicle company’s decision to buy $1.5 billion worth of Bitcoin (BTC) a year ago.
This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Global demand for electric vehicles (“EVs”) is on the rise. Despite car makers dealing with chip shortages and supply chain disruptions , 2021 sales rose by 109% in comparison to the previous year. In a report released last week by marketing firm Canalys, about 6.5 million battery electric and hybrid vehicles were sold, with Tesla (NASDAQ: TSLA ) accounting for 14% of the market share. According to the report , the global car market expanded by 4% last year with EV sales accounting for 9% of total passenger car sales. Most electric cars, about … Full story available on Benzinga.com

Tesla Stock Snags an Upgrade, but It''s an Odd One

05:15pm, Friday, 25'th Feb 2022 Barron''s
Daiwa Securities analyst Jairam Nathan raised his rating to Buy from Hold even as he cut his price target by $80 a share.
Musk denies passing information to his brother Kimbal, a member of Tesla''s board.
A recent update to Tesla’s ‘Transitioning to Tesla Vision’ Support page confirms that all Model S and Model X electric vehicles (EVs) built for the … Read more The post Tesla Launches Camera-Based Autopilot for Model S/X, as Radar Dropped appeared first on TeslaNorth.com .

Grow With These Green ETFs and Mutual Funds

04:50pm, Friday, 25'th Feb 2022 Kiplinger
Thematic green ETFs and mutual funds allow you to zero in on a specific area of the fight against climate change, from electric-vehicle batteries to solar power. These funds deliver the benefit of diversification and can hold shares in burgeoning companies that you might feel uncomfortable buying on your own because they have no profits and short histories as publicly traded stocks. SEE MORE Kiplinger ESG 20: Our Favorite Picks for ESG Investors What’s more, a lot of leading sustainable companies are based overseas – so you may not be able to buy shares in them, but these funds can. KraneShares Electric Vehicle and Future Mobility ETF Take KraneShares Electric Vehicle and Future Mobility ETF ( KARS ). The green exchange-traded fund tracks a global index that includes companies throughout the EV ecosystem – from auto and battery makers to autonomous driving technology (sensors), charging stations and raw materials. KARS owns shares in several EV battery makers, including Contemporary Ameperex Technology Co., better known as CATL, the world’s largest lithium battery maker; its shares trade only in China.
Tesla CEO Elon Musk and his brother are under investigation by the Securities and Exchange Commission for possibly violating insider trading rules, according to media reports.

Elon Musk Rumored to Buy Bored Ape NFT Worth 569 Ethereum

04:43pm, Friday, 25'th Feb 2022 FX Empire
Tesla and SpaceX CEO, Elon Musk, allegedly bought a Bored Ape non-fungible token (NFT) piece, worth close to 600 Ethereum.
After 45 years as one of America’s most feared investors, billionaire Carl Icahn gets emotional about pigs and in a new documentary reflects on his legacy.
Tesla shares dropped to their lowest point since last August.

Cathie Wood''s Ark Keeps Buying Depressed Tech Stocks

03:26pm, Friday, 25'th Feb 2022 The Street
It snapped up Tesla, Coinbase and Zoom Thursday. Tesla is the No. 1 holding in Ark’s flagship Ark Innovation ETF.
On November 6, 2021, Elon Musk asked his 62.5 million followers on Twitter if he should sell 10% of his shares to pay taxes. On November 5, his brother Kimbal sold $109 million in stock. The SEC (U.S. Securities and Exchange Commission) allegedly does not think that’s a coincidence and will investigate both Tesla shareholders.

Did Elon Musk violate insider trading rules? US probes

12:08pm, Friday, 25'th Feb 2022 Forbes India
The Securities and Exchange Commission reportedly launched its probe after Musk''s brother Kimbal sold $108 million in Tesla stock last year, just a day before a significant drop in the electric car maker''s share price, which was catalysed by Tesla CEO''s now infamous tweet Read more

This Tesla Competitor Targets 10% EV Market Share By 2030

11:30am, Friday, 25'th Feb 2022 Benzinga
Amazon.com Inc (NASDAQ: AMZN ) backed Rivian Automotive Inc (NASDAQ: RIVN ) is "making progress" in raising EV production at its Normal, Illinois, assembly plant, CEO R.J. Scaringe said, Reuters reports from … Full story available on Benzinga.com
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