Twitter (TWTR) Stock Collapses 20% as Musk Says $44 Billion Deal is 'Temporarily On Hold', Tesla (TSLA) Shares Rally

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Go back to Twitter (TWTR) Stock Collapses 20% as Musk Says $44 Billion Deal is 'Temporarily On Hold', Tesla (TSLA) Shares Rally

Elon Musk Says He Still Wants to Buy Twitter (TWTR), But at What Price?

May 13, 2022 8:14 AM EDT

Drama surrounding Elon Musk's pending deal to acquire Twitter (NYSE: TWTR) continued Friday after the billionaire's surprise tweet stating that the deal was temporarily on hold. Musk said the pause was "pending details supporting calculation that spam/fake accounts do indeed represent less... More

Tesla (TSLA): Morgan Stanley Cautious Amid 'Near-Term Disruption in China and Slow Ramps in Berlin and Austin'

May 13, 2022 6:31 AM EDT

Morgan Stanley analyst Adam Jonas has reflected on Tesla (NASDAQ: TSLA) and the wider electric vehicle (EV) market amid mounting headwinds.

The analyst notes that the supply chain is under tremendous stress as inflation is weighing on demand and capital markets are less ebullient.

Tesla had a strong 1Q, but have investors factored in the Shanghai lockdowns? Wed allow room in the forecasts for... More

Digital World Acquisition Corp (DWAC) Climbs 10% After Musk Pauses Twitter (TWTR) Deal

May 13, 2022 6:10 AM EDT

Digital World Acquisition Corp (NASDAQ: DWAC) Climbs 10% After Musk Pauses Twitter (NYSE: TWTR) Deal

Digital World Acquisition is the SPAC for Truth Social, Trump's social media company... More