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Tesla price targets drop for varying reasons, but some feel like a reach

Teslarati

Tesla ( NASDAQ: TSLA ) price targets were dropped by several firms due to varying reasons, but some feel like a reach. Some of them that were spoken of were Tesla’s lack of annual guidance, no narrative on price cuts, and a general lack of strategy. Potter trimmed his price target to $225 from $295. This is one of them.

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Nikola turns to Delaware legislation to backup finance hydrogen pivot

Baua Electric

It will additionally borrow towards its structures and alternative property to boost price range. The corporate confronted delisting from Nasdaq as a result of its accumulation used to be buying and selling beneath $1. Luck would cap a layout of certain trends that experience helped bolster Nikola accumulation over the hour year.

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Ford reportedly eliminates lease-to-buy option on electric vehicles

Teslarati

With used vehicles selling at prices sometimes as much as or higher than brand new models due to parts shortages and semiconductor constraints, Ford may be looking to take used EVs and make another profit on them after an initial lease is up. Ford confirmed to CarsDirect that its communication was legitimate.

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Elon Musk’s Tesla pay package gets voided, Judge rules in favor of shareholder

Teslarati

Elon Musk’s Tesla pay package has been voided by a Delaware Judge after the case was ruled in favor of the plaintiff, a shareholder who challenged the validity of the amount of the payday. Judge Kathaleen McCormick ruled in the Delaware Court of Chancery that Musk’s pay package did not meet the standard of a fair price.

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Twitter refuses Elon Musk’s renewed $44B bid

Teslarati

This news comes after reports of Elon Musk’s asking the Delaware court to halt the upcoming trial. “Buying Twitter is an accelerant to creating X, the everything app,” Elon Musk tweeted on Tuesday. He added that Twitter probably accelerates the new app by three to five years. Teslarati is now on TikTok.

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Tesla’s Elon Musk plans to countersue Twitter to force deal termination: NY Post

Teslarati

Tesla CEO Elon Musk is planning to file a counter-lawsuit against social media company Twitter in an attempt to terminate the $44 billion agreement the two parties had where Musk would buy the platform. ” Twitter files suit against Elon Musk in Delaware court to enforce buyout deal. per share through their suit.

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Elon Musk explains his recent Tesla (TSLA) stock sale

Teslarati

“In the (hopefully unlikely) event that Twitter forces this deal to close and some equity partners don’t come through, it is important to avoid an emergency sale of Tesla stock,” Musk wrote , noting that if the Twitter deal does not close, he would simply be buying TSLA shares again. Don’t hesitate to contact us with news tips.

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