Tesla’s share price hit its lowest point in a year Friday morning after the electric car maker significantly cut prices on its cars being sold in China. In the first hour after markets opened Friday, Tesla stock traded at $101.81, down 1.2% for the day and off nearly 74% from its 52-week high. But the stock rebounded and was up 8% to under $112 per share by mid-afternoon. The change in car...
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The Weekend culture policy
What a Brazilian Steakhouse Says About the Tech Economy
Hi, welcome to your Weekend.One of my favorite tech memes is the “We’re so back” post, the kind that pokes fun at the industry returning to the good old days of expensive perks and wine-soaked dinners.I had a real-life “We’re so back” moment this week when I attended a bacchanalian feast thrown by Bain Capital Ventures at Fogo de Chão in San Francisco. Bain Capital’s private equity arm...
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