Updated Jul 24, 2021 | 11:23 IST
Tesla Inc CEO Elon Musk said a factory in India is quite likely if the electric vehicle maker is successful in importing vehicles. He also said a temporary relief in import tariffs will be much appreciated Tesla Inc s Elon Musk with Indian PM Narendra Modi | Photo Credit: PTI
Key Highlights
Tesla CEO sought temporary relief in import tariffs. It may help the EV maker establish manufacturing unit in India
Elon Musk said tariffs in India are highest in world by far
He also said India treats EVs at par with diesel, petrol vehicles which is inconsistent with country s climate goals
Elon Musk insists on scaling Dogecoin, slams Bitcoin and Ethereum
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This man wants to scan your eyeball in exchange for cryptocurrency
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Analysis-With popcorn and tweets, AMC s Aron rides retail investor wave
By David Randall and Sinéad Carew
Reuters
NEW YORK (Reuters) - Free popcorn for shareholders. Following more than 500 die-hard fans of his company s stock on Twitter. Retweeting a video of what appears to be an airplane flying a banner with the meme-stock rallying cry AMC to the Moon around Manhattan.
Welcome to the world of AMC Entertainment Holdings Inc Chief Executive Adam Aron, who since the beginning of the year has taken to new heights the role of chief promoter of a company that was on the brink of bankruptcy.
By Syndicated Content
By David Randall and Sinéad Carew
NEW YORK (Reuters) â Free popcorn for shareholders. Following more than 500 die-hard fans of his companyâs stock on Twitter. Retweeting a video of what appears to be an airplane flying a banner with the meme-stock rallying cry âAMC to the Moonâ around Manhattan.
Welcome to the world of AMC Entertainment Holdings Inc Chief Executive Adam Aron, who since the beginning of the year has taken to new heights the role of chief promoter of a company that was on the brink of bankruptcy.
At a time when many on Wall Street argue that the movie theater operator is over-valued and in dire need of an accelerated economic recovery from the coronavirus pandemic to justify its share price, Aron, 66, is leaning in to the growing power of individual investors to keep so-called meme stocks surging.