Celsius Faces a Revolt as a High-Yield Crypto Plummets Customers say they were unfairly wiped out in the recent crash. CEO Alex Mashinsky says unknown malefactors are trying to bring down his company.
Tesla Price Targets Are Going Down. Earnings Estimates Are Going Up. Piper Sandler analyst Alexander Potter cut his Tesla price target to $1,035 from $1,260. Shanghai shutdowns are one concern.
Tensions between Musk and the company escalated this week. The Tesla CEO had said the deal was on hold until Twitter gave more information about fake accounts.
FBI Arrests NY Crypto Platform CEO for Alleged Fraud Ponzi schemes continue to infest the cryptocurrency sector, adding to the industry's growing challenges.
U.S. tax authorities have said they were following 50 separate leads into scams involving nonfungible tokens and other aspects of the crypto industry. Tax investigators also said on May 13 that they were pursuing evidence of a $1 billion Ponzi scheme in the crypto market.
Tensions between Musk and the company have escalated this week. Musk on Monday said that the deal was on hold until Twitter gave more information about fake accounts. CEO Parag Agrawal published a detailed thread on how Twitter’s estimates of bot accounts are calculated. Musk responded with a poop emoji.
Bear-market psychology follows a progression that is similar to what psychologists call the five stages of grief—denial, anger, bargaining, depression, and acceptance.
It's little surprise that China, where many industries are state-owned and private entrepreneurs have recently been brought to heel by the Chinese Communist Party, would use corporate connections to push its agenda.
The question is how well tycoons and moguls can resist those pressures, while maintaining the world's most-populous nation and second-largest economy as a market, and production base.
Customers say they were unfairly wiped out in the recent crash. CEO Alex Mashinsky says unknown malefactors are trying to bring down his company.
Piper Sandler analyst Alexander Potter cut his Tesla price target to $1,035 from $1,260. Shanghai shutdowns are one concern.
Ponzi schemes continue to infest the cryptocurrency sector, adding to the industry's growing challenges.
Why would Elon Musk feel the same kind of pressure? Well, China accounts for 24.8% of Tesla's sales, as of Q1 2022.