Tesla ( TSLA) stock jumped more than 6% Friday amid speculation that CEO Elon Musk could potentially buy TikTok. The social media platform needs to find an American buyer, or it will effectively face a countrywide ban starting next week — and Musk is reportedly the most likely candidate.
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.
A Louisiana-based realtor and Tesla owner took his car through an automatic car wash. Afterward, he was astounded by the damage his car sustained. Tyler ( @tylervallot.exp) documented on TikTok how a piece of equipment became ensnared in the wash’s machinery, destroying some of his Tesla’s windows in the process.
Unless its owner agrees to sell, TikTok will be banned in the U.S. on Jan. 19. Here's how to download your account if no one buys the app.
Americans are going to lose access to TikTok in less than a week, unless China green-lights a sale to what Congress has deemed a non-adversary of the United States — something China is unlikely to do but might.
Ross Gerber called for a TikTok ban, labeling it a national security risk and accusing the app of being a tool for Chinese government.
Elon Musk is being eyed by Chinese authorities as a potential buyer of TikTok. Newsweek's live blog is closed.
The Tesla CEO should be focused on his EV business at a time when the automotive landscape is rapidly evolving. Investors also don’t need another distraction.
Reports about Chinese officials eyeing Musk as the buyer of TikTok’s U.S. operations are “not a total shock” given Musk’s relationship with Trump, says Wedbush analyst Dan Ives.
Under the law, mobile app stores and internet hosting services will face major fines if they continue to distribute the platform to U.S. users beyond
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.