Bloomberg Business

Tesla Investors to Get $12,000 Each From Musk’s SEC Deal

A group of Tesla Inc. investors stands to recover an average of about $12,000 a head for losses they incurred from Elon Musk’s famous 2018 tweet that he had “funding secured” to take the carmaker private at $420 a share — and then didn’t.

Quants Fail to Replicate Their US and China Success in India

Quantitative strategists are supposed to be good at figuring out winning formulas. But one puzzle they haven’t solved is how to succeed in India, one of the world’s top-performing major markets of the pandemic era.

Close Bitnami banner
Bitnami