Tesla
Elon Musk Sends a Second Letter to Scrap Twitter Takeover Deal
Tesla CEO Elon Musk sent a second letter calling off his $44 billion acquisition of Twitter, according to a filing with the U.S. Securities and Exchange Commission (SEC). “The Hash” panel breaks down the latest on the Musk-Twitter saga.
European Central Bank Exits Negative Rates as Bitcoin Digests Tesla Sales
Quantum Economics Bitcoin Analyst Jason Deane discusses how bitcoin and the wider crypto markets are digesting the impact of Tesla’s bitcoin sales and Thursday’s decision by the European Central Bank to potentially hike interest rates at an accelerated pace. Plus, his take on Coinbase’s alleged insider trading case.
Tesla Sold $936M Worth of Bitcoin in Q2, but Kept Dogecoin
Electric car maker Tesla sold $936 million worth of bitcoin, or 75% of its holdings, in the second quarter to maximize its cash position, CEO Elon Musk said. He added that “we were concerned about overall liquidity for the company, given COVID shutdowns in China. And we have not sold any of our dogecoin.”
Twitter Lawyers Characterize Musk’s Deal Withdrawal as ‘Wrongful’
CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the legal and regulatory implications of Tesla CEO Elon Musk’s termination of buying Twitter. Plus, an update on the Three Arrows Capital (3AC) crypto contagion.
Elon Musk’s Meme Response to Failed Twitter Deal
Twitter shares are falling after Tesla CEO Elon Musk moves to scrap his planned $42 billion takeover of the social media platform. “The Hash” hosts discuss the latest developments as Musk responds online about a potential legal showdown with the company.
Elon Musk Reiterates Dogecoin Support Despite Lawsuit
“The Hash” team discusses Elon Musk’s recent tweet about “supporting Dogecoin,” despite the Tesla CEO facing a $258 billion lawsuit over claims of an alleged pyramid scheme to back the cryptocurrency.
Musk Threatens to Terminate $44B Twitter Deal
Tesla CEO Elon Musk is threatening to terminate his $44 billion Twitter deal over a "clear material breach" of the social media company's obligations. "The Hash" discusses the latest obstacle for the acquisition.
Bitcoin Set to Record 10-Week Losing Streak
Bitcoin (BTC) is on track to record 10 consecutive weeks of losses for the first time in its history. Quantfury CEO Ali Pourdad dicusses the potential factors driving prices lower and where we’re headed next. Plus, reactions to the latest U.S. jobs report, Elon Musk seeking 10% job cuts at Tesla.
