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JP Morgan sues Tesla for $162 million over share warrants

02:09am, Wednesday, 17'th Nov 2021 IBTimes UK
The bank claims Tesla owes it 228,775 shares valued at $162.2 million which were due on August 5, 2021.

JPMorgan sues Tesla for $162m after Musk tweets soured share deal

01:10am, Wednesday, 17'th Nov 2021 The Guardian
Investment bank says it lost millions because of tweets by Elon Musk that he might take electric carmaker private
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Coal Demand Booms Under Biden As Prices Hit 2009 Levels

10:51pm, Tuesday, 16'th Nov 2021 Zero Hedge
Coal Demand Booms Under Biden As Prices Hit 2009 Levels US coal is experiencing a massive boom under President Biden despite the administration trying to kill fossil fuels by touting net-zero goals at the COP26 climate conference in Glasgow. On Monday, S&P Global Market Intelligence released data that showed prices for coal from Central Appalachia jumped more than $10 last week to $89.75 per ton, the highest level since 2009. The reason for the surge has been the increasing amount of coal distributed to power stations across the US grid is expected to increase a mindboggling 20% to 521m short tons, according to the US Energy Information Administration. This means the dirtiest fossil fuel will surpass nuclear as the second-biggest source of US power, after natural gas. Awkwardly for Biden, who has promoted a carbon-free grid by 2035, the US wasn''t on the list of more than 40 countries at the UN meeting to phase out coal. "It''s very disappointing because the science is quite clear that we have to turn sharply away from coal this decade if we are going to meet our climate goals," said Rachel Cleetus, policy director at the Union of Concerned Scientists. "We need very clear signals that orientate the US towards clean energy," Cleetus added. "The climate crisis is too dire to just wait for coal to fall out.
RIVN stock keeps gaining, making it a viable investment alternative to Tesla. Watch for shifts in money flow to put pressure on TSLA stock.

293 Shares in Tesla, Inc. (NASDAQ:TSLA) Bought by Newman & Schimel LLC

09:58pm, Tuesday, 16'th Nov 2021 Dakota Financial News
Newman & Schimel LLC purchased a new position in Tesla, Inc. (NASDAQ:TSLA) in the third quarter, Holdings Channel.com reports. The fund purchased 293 shares of the electric vehicle producers stock, valued at approximately $227,000. A number of other hedge funds have also made changes to their positions in the stock. Milestone Resources Group Ltd raised []

Tesla, Inc. (NASDAQ:TSLA) Shares Bought by First National Bank of South Miami

09:58pm, Tuesday, 16'th Nov 2021 Dakota Financial News
First National Bank of South Miami lifted its holdings in shares of Tesla, Inc. (NASDAQ:TSLA) by 46.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 407 shares of the electric vehicle producers stock after purchasing an additional 130 shares []

JP Morgan sues Tesla for £120m over claims it breached contract

09:52pm, Tuesday, 16'th Nov 2021 This is Money
JP Morgan changed prices on its warrants to buy shares twice in the wake of controversial tweets from Tesla''s boss Elon Musk (pictured) in 2018.
The S&P 500 is just below record highs as Tesla rebounded and Rivian soared. Two EV stocks are actionable now.

Photos: Elon Musk sells Hillsborough mansion for $32 million

09:50pm, Tuesday, 16'th Nov 2021 East Bay Times
Tesla CEO Elon Musk has sold his Hillsborough mansion listed for $31.99 million, reports Realtor.com.
The Dow Jones rose as stocks rallied. Roger Federer shoe stock On Holding exploded. Tesla stock gained as Rivian jumped.
Elon Musk has sold $930 million worth of stock. The richest person in the world and the CEO of Tesla (NASDAQ: TSLA) has sold over 934,000 shares, according to a US Securities and Exchange Commission (SEC) filings on Monday. The billionaire exercised options to buy 2.1 million stocks at $6.24 each, one of the filings []
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