Yahoo Finance Live anchors discuss Tesla's planned first deliveries of semitrucks.
Elon Musk bought himself some time on Thursday, after a judge accepted the billionaire's request to halt a Twitter lawsuit to allow him to close his proposed $44 billion buyout of the social media company by Oct. 28. Musk said earlier this week he would buy Twitter for $54.20 per share, the price that was agreed in April, but included a condition that the closing of the deal be contingent on debt financing for the transaction coming through. Tesla shares fell more than 6% on Friday, heading for their worst weekly drop since March 2020, as investors worry Musk may dump more shares after Tesla announces its quarterly earnings on Oct. 19.
(Bloomberg) -- For all the stock market gyrations this week, one company’s performance stands out beyond all others: Tesla Inc.Most Read from BloombergBiden Says Putin Threats Real, Could Spark Nuclear ‘Armageddon’Biden Should Hit Saudi Arabia Where It Really HurtsKremlin Lets State Media Tell Some Truths About Putin’s Stalling WarStocks Succumb to Fed-Hike Fears After Solid Jobs: Markets WrapMusk's Twitter Takeover Hits Snag Over Debt-Financing IssueTesla’s stock has plunged 16% over the five s