Tesla Stock Rallies As Elon Musk Puts Twitter 'On Hold', But China, Bitcoin Inflation Challenges Remain

Source: wealthcreationinvesting.com wealthcreationinvesting.com

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[post] ] Updated at 2:42 pm EST Tesla ( TSLA ) – Get Tesla Inc Report shares surged higher Friday as investors reacted with apparent relief that their iconic CEO may be prepared to abandon his $44 billion pursuit of Twitter and focus on the carmaker’s myriad challenges heading into the second half of the year. Elon Musk, who has pledged as much as $62.5 billion in Tesla shares in order to secure various levels of financing for his ‘best and final’ offer of $54.20 for the micro-blogging website, said Friday that questions linked to the group’s accounting of spam...