Sunday, November 14, 2021

Elon Musk sells $6.9 billion worth of Tesla shares

A week ago, Musk tweeted that he would sell 10% of his shares if users of the social media platform endorsed the move. About 57.9% of people voted for the stock sale. The billionaire CEO who had already offloaded a combined $6.9 billion worth of shares in the electric car company as of Nov. 12, further wrote, "Want me to sell more stock, Bernie? Just say the word." https://ift.tt/3qzaHgZ

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Japan allocates another $9.9B to boost its chip, quantum computing, and AI endeavors, with an undisclosed amount going to chip startup Rapidus (Bloomberg)

Bloomberg : Japan allocates another $9.9B to boost its chip, quantum computing, and AI endeavors, with an undisclosed amount going to chi...