Disputes, Employee Misconduct Rattle Centerview’s Silicon Valley DreamsRead more

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markets

Tesla Shares Fall as Musk’s Battery Updates Disappoint

By
Juro Osawa
· · Source: Reuters

Tesla’s stock fell sharply Tuesday as investors were disappointed by CEO Elon Musk’s plans for the company’s batteries for its electric vehicles, Reuters reported. At Tesla’s annual Battery Day event Tuesday, many had expected Musk to provide details about the company’s development of its “million-mile battery,” which is supposed to last for more than 1 million miles over the course of its...

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Paris here. Yesterday, we published a story about MasterClass’ post-pandemic woes. MasterClass, like many startups, spent wildly when times were good, then got caught flatfooted when its pandemic-era gains didn’t continue. Its evolution says something about the position many creator economy darlings now find themselves in. For a while, it had seemed like MasterClass could be the poster...
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Disputes, Employee Misconduct Rattle Centerview’s Silicon Valley Dreams
By Michael Roddan
The San Francisco Bay Area–based bankers at Centerview Partners, the investment bank that advised Silicon Valley Bank’s owner and Credit Suisse through recent turmoil, got two doses of bad news last week.