Reports have emerged over the past day that Tesla CEO Elon Musk and the Board of Directors will meet with the Securities and Exchange Commission (SEC) as soon as the week of August 20, 2018. The focal point of...
Elon Musk took to his blog to clear up all confusion related to taking Tesla private and why he said "funding secured". The whole mystery surrounding the potential investor for the take-private buyout has now been cleared, so hopefully we'll...
When Musk tweeted earlier this week that he planned to take Tesla private and that funding was secured, he's sure to have thought about the repercussions of such a claim. Notwithstanding the SEC's inquiries surrounding the statement, a few...
Hindsight is good. At times it does feel good to say, "I wish I'd known it!" Though the market remains shell-shocked by Tesla CEO Elon Musk's abrupt announcement that he plans to take the company private, a little bird...
The take-private deal teased by Musk and being contemplated by Tesla's BOD has been pegged as the largest transaction of its kind if it goes through. But most media reports seem to be counting it wrong. At $420 a...
Tesla is well on its way to sourcing the initial $2 billion in funding for the Gigafactory 3 in Shanghai, China. According to people close to the matter, the local Shanghai government is the middle-man in negotiations with at...
Apple Pay is among the most used mobile payment services on the market. Apple Pay was first debuted back in 2014 and quickly gained its trust out there. One of the best things when it comes to Apple’s payment...
Tesla has been living off of debt for a while. That’s what happens when you start spending more than you make. Which means you will be bankrupt sooner or later, right? Bullsh*t, actually!That’s the load of crap that has...
Is it true that lower taxes can help increase revenues that governments earn from taxing its people and its economy?In this engaging video, we'll explain how tax systems are created and whether that assumption is true or just a...
The Short:The Securities and Exchange Commission (SEC) has frozen all assets of Woodbridge Group and its owner, real estate mogul Robert Shapiro, calling his operation a Ponzi scheme.In all, Woodbridge's business model allowed the company to defraud 8,400 investors...
Dropping almost as suddenly as it rose over the last few weeks, Bitcoin is now trading at under $13,000. According to CoinDesk, the cryptocurrency is now trading at around $12,820 as of 07:36 UTC, after dropping even lower to...
At least two people with knowledge of the matter said that Goldman Sachs plans to set up a trading desk for cryptocurrencies like Bitcoin by mid 2018.The sources said that June would probably be a good estimate, if not...
Youbit, a South Korean bitcoin exchange, collapsed on Tuesday after it was reportedly hacked into and $35 million worth of tokens were stolen.Today, it's being reported that South Korea is looking into a possible North Korean involvement in the...
On Sunday, Bitcoin started trading on the world's largest futures exchange, CME.Front-month futures started trading at a session high of $20,650 and trades through Monday. It was last trading at $19,215 at the time of this writing.CME set a reference...
Bitcoin futures started trading yesterday on the Cboe futures exchange, putting a spotlight on the digital currency.The launch of Bitcoin futures is a huge recognition for the cryptocurrency, but it also puts a lot of pressure on the underlying...