March 21, 2021

Elon

China restricting Tesla use uncovers a significant challenge for Elon Musk: expert

Renewed political tensions between the U.S. and China — which came to light this week as the Biden administration sat down with their Chinese counterparts for the first time to discuss a range of issues — could ensnarl vehicle maker Tesla (TSLA), which has pushed successfully into China in recent years.

In fact, the heightened rhetoric between the two super economic superpowers may have already had blowback on Elon Musk’s electric car company.

The Chinese government is restricting the use of Tesla vehicles by military staff and employees of vital state-owned companies, The Wall Street Journal reported Friday. Chinese

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Elon Musk confirms Tesla plant closure amid stock slide

Tesla CEO Elon Musk confirmed Thursday night that the automaker’s Fremont, Calif., factory had shut down for two days this week due to a parts supply issue, but was back up and running.

Musk was responding to a Twitter follower asking for an update after Bloomberg reported that the Model 3 production line at the plant would be closed for two weeks.

Tesla shares fell 8% on Thursday and were down in pre-market trading Friday. Earlier this

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‘If You Have Less Money Than Elon, You Should Probably Watch Out’

TipRanks

2 ‘Strong Buy’ Stocks With 7% Dividend Yield

You can get whiplash, trying to follow the market fluctuations these days. Volatility rules for now, as investors are pulling out of Big Tech – a move that is pushing the general markets down. The bearish sentiment comes as new COVID case numbers are falling, along with the weekly unemployment claims. Both are positive news bites for the economy, and will help to justify increased economic opening. At the same time, a Congressional COVID relief package working its way through the legislative process promises a booster shot for consumer spending –

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Elon Musk offers money to help Dogecoin become ‘currency of the internet’

Elon Musk has said he will buy out major Dogecoin holders in order to help make the fringe cryptocurrency the “currency of the internet”.

The SpaceX and Tesla CEO, who overtook Amazon founder Jeff Bezos to become the world’s richest person last month, posted several tweets criticising the so-called crypto whales who hoard large stockpiles of Dogecoin.

These large holders are the only thing standing in the way of Dogecoin from becoming a mainstream currency, according to Mr Musk, who has previously suggested that the “people’s crypto” could become the official currency on Mars.

“If major Dogecoin holders sell most

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