Public company CEOs often complain their stock price is too low. Elon Musk took to Twitter early Friday to say the opposite—that Tesla’s stock price is “too high imo,” a short-hand for “in my opinion.” The tweet sent Tesla’s stock down nearly 10% to $714. He’s probably right. Tesla stock reached $800 this week, only $100 short of its pre-Covid highs. To justify even the post-tweet price, the...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Exclusive e-commerce asia
Data Show TikTok Shop Relies on Indonesia, Where Business Is Threatened
TikTok just cannot escape government scrutiny. Even as the hugely popular ByteDance-owned app expands in the U.S. despite a persistent threat of a ban, the Indonesian government has decided on a new regulation to ban online shopping on social media. That would hobble TikTok’s fast-growing shopping service in Indonesia, which is the single biggest market for TikTok Shop, as the service is...
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Enjoy a clutter-free experience
Read without any banner ads.
Recent Popular Stories
Exclusive startups ai
Y Combinator’s Garry Tan Goes to the Mat