The Federal Reserve began to hike the fed funds rate last month, after maintaining it at very accommodative levels since the outbreak of the pandemic in early 2020.
The Board of Directors authorized a $12 million stock buyback program that will be in place through the end of 2023. This equates to approximately 5% of the current shares outstanding at recent
Tesla Inc (NASDAQ: TSLA) CEO Elon Musk faces a whopping $15 billion tax bill and that may have reportedly prompted him to consider selling some of his holdings in the electric vehicle company.