Business Extra

Twitter steers Tesla into trouble.


Listen Later

In this week's Business Extra Chris Nelson and Andy Scott discuss Elon Musk's increasingly erratic behaviour. The maverick billlionaire and CEO of Tesla tweeted this week that he was considering taking his company private - a move that has caught the attention of the Securities and Exchange Commission.
The mercurial genius may have been the inspiration for Robert Downey Jr.'s Iron Man but right now he would do well to avoid the limelight. He tweeted that he planned take Tesla private at $420 a share, valuing the company around $72 billlion, a 20 per cent premium on the share price that day. 
As the car company has only posted two quarterly profits since its float eight years ago and last year lost over $2 billion it is not certain who has that much faith in Mr Musk.
The current currency volatility in emerging markets and the British pound are also under the microscope.
...more
View all episodesView all episodes
Download on the App Store

Business ExtraBy The National News

  • 3.8
  • 3.8
  • 3.8
  • 3.8
  • 3.8

3.8

6 ratings


More shows like Business Extra

View all
Global News Podcast by BBC World Service

Global News Podcast

7,770 Listeners

Masters in Business by Bloomberg

Masters in Business

2,182 Listeners

WSJ Tech News Briefing by The Wall Street Journal

WSJ Tech News Briefing

1,653 Listeners

The Daily by The New York Times

The Daily

112,847 Listeners

WSJ Minute Briefing by The Wall Street Journal

WSJ Minute Briefing

676 Listeners

Beyond the Headlines by The National News

Beyond the Headlines

11 Listeners

The Diary Of A CEO with Steven Bartlett by DOAC

The Diary Of A CEO with Steven Bartlett

8,636 Listeners

Al Jazeera News Updates by Al Jazeera

Al Jazeera News Updates

258 Listeners

FT News Briefing by Financial Times

FT News Briefing

655 Listeners

The Take by Al Jazeera

The Take

564 Listeners

Behind the Money by Financial Times

Behind the Money

227 Listeners

The Intelligence from The Economist by The Economist

The Intelligence from The Economist

2,556 Listeners

Books of My Life by The National News

Books of My Life

4 Listeners

Bitesize Business Breakfast Podcast by Dubai Eye 103.8

Bitesize Business Breakfast Podcast

5 Listeners

Pocketful of Dirhams by The National News

Pocketful of Dirhams

1 Listeners

Recorded by The National News

Recorded

0 Listeners

Seera by The National

Seera

3 Listeners

Trending Middle East by The National News

Trending Middle East

4 Listeners

Hard Fork by The New York Times

Hard Fork

5,532 Listeners

My 2020 by The National News

My 2020

2 Listeners

The Ezra Klein Show by New York Times Opinion

The Ezra Klein Show

16,150 Listeners

Year of Elections by The National News

Year of Elections

0 Listeners

Culture Bites by The National News

Culture Bites

4 Listeners

PCR : Post Covid-19 Recovery by The National News

PCR : Post Covid-19 Recovery

0 Listeners

Iraq: 20 Years On by The National News

Iraq: 20 Years On

7 Listeners

Abtal by The National News

Abtal

6 Listeners