KyiMayKaung

Burma, America, The World, Art, Literature, Political Economy through the eyes of a Permanent Exile. "We must take sides. Neutrality helps the oppressor, never the oppressed. Sometimes we must interfere. . . There is so much injustice and suffering crying out for our attention . . . writers and poets, prisoners in so many lands governed by the left and by the right." Elie Wiesel, Nobel Peace Prize Speech, 1986, Oslo. This entire site copyright Kyi May Kaung unless indicated otherwise.

Wednesday, March 19, 2025

Major Tesla invester sold 600 m in stock and why--

In the middle of last year he disclosed that he'd sold about $60 million of Tesla shares over concerns its vehicles were fading in popularity. Then, after Donald Trump's election victory, Gerber said in early December that Tesla would see minimal positive impact, if any, from Elon Musk's association with the president.
The warnings now seem prescient. After an initial postelection surge, Tesla shares are down 25% so far in 2025 and sit roughly 15% lower since Gerber's December comments. The latest leg down came on Tuesday, when Tesla dropped 8% after seeing a sharp decline in European car sales.

https://www.businessinsider.com/tesla-stock-price-2025-outlook-crash-elon-musks-gerber-tsla-2025-2

KyiMayKaung

Wednesday, March 19, 2025

Major Tesla invester sold 600 m in stock and why--

Place names I came across in reading DGE Hall--Mainly a history of the rivalry between the French, the British and the Dutch in S and SE Asia from the 16th century onwards.

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