Tesla (NASDAQ: TSLA) stock saw significant gains Friday thanks to multiple catalysts. The gains took place in conjunction with a 1% gain for the S&P 500 index and a 1.5% gain for the Nasdaq Composite index.
U.S. President Donald Trump said on Tuesday he was open to billionaire Elon Musk buying social media app TikTok if the Tesla CEO wanted to do so. WHY IT'S IMPORTANT The short video app used by 170 mil
The Chinese government is considering a plan for Elon Musk to acquire TikTok’s US business to keep the short-video app from being effectively banned in the country
TikTok is currently appealing to the US Supreme Court to avoid a potential ban. The ban stems from national security concerns over TikTok's ties to China
After years of rejecting the idea of a sale of TikTok’s US assets to an American buyer in order to avert a ban, China and ByteDance may have found an owner they could live with: Elon Musk.
One possible buyer floated in the report is Tesla/X (nee Twitter)/SpaceX CEO Elon Musk ... administration and finalized under the current Biden presidency. Currently, ByteDance is appealing the ban in the US Supreme Court, though there are early signs ...
It’s only fitting that TikTok’s fate turn into a wild dance. As the U.S. Supreme Court weighs up the constitutionality of a proposed ban on the popular video app, Beijing has pirouetted into the possibility of letting ByteDance sell it to Elon Musk,
Chinese officials are evaluating a potential option that involves Elon Musk acquiring the U.S. operations if TikTok fails to fend off a controversial ban.
Chinese officials reportedly want ByteDance Ltd. to remain the owners of TikTok but is in discussion on how to work with the Trump Administration.
Ford is on the board of directors for ByteDance, Tiktok’s Chinese parent ... Trump said he was open to billionaire Elon Musk, CEO of Tesla and SpaceX, or Larry Ellison, co-founder of the ...
Numerous potential buyers, including PerplexityAI and the internet advocacy group, Project Liberty, have publicly stated their interest in the app.
Business leaders, lawmakers, legal scholars, and influencers who make money on TikTok are watching to see how Trump tries to resolve a thicket of regulatory, legal, financial and geopolitical issues with his signature.