Another week has gone by in a flash. Luckily I have this series to help me get a swell summary of the more memorable articles that passed my view the last 7 days.
Let’s get into this week’s amazing reads of the week.
My memorable reads
Tesla shares jump on Model 3 numbers, Musk deal
Original source: A. Panchadar, R. Kerber, October 1, 2018. Tesla shares jump on Model 3 numbers, Musk deal. Retrieved from: https://www.reuters.com/article/us-tesla-musk-stocks/tesla-shares-jump-on-model-3-numbers-musk-deal-idUSKCN1MB2HW.
This news was something I was really curious towards after the news came out that Elon Musk had to step down as chairman but could stay as CEO. The settlement also contained a 20 million dollar fine for both TSLA and Elon Musk personally, but that’s peanuts compared to what Musk and the company are worth (although TSLA is still making a loss so they can use all the money they can get, or keep).
In the end, TSLA recovered by a healthy 18% on Monday. The company wasn’t able to keep the gain though. By week’s end, it was back to the low of last week.
Interpol in search of its own president
Original source: Belga (October 6, 2018). Interpol moet eigen voorzitter zoeken. De Standaard.
A read I wish to remember for it’s worrying nature. The Interpol chairman went missing after he traveled back to his homeland China. It’s probable he has fallen in disgrace with President Xi Jinping and his entourage.
Today, October 7, 2018, The Chinese government confirmed that the head honcho of Interpol, Meng Hongwei, is in prison because the anti-corruption authority is investigating him.
Additional information is not available at this point in time. More is speculation but it wouldn‘t surprise me if he really got detained because of grievance with the Chinese authorities.
It just goes to show not even a high profile person such as Interpol’s chairman is safe from China’s interference. Traveling to China surely can be a risk to your own safety.
These were my memorable articles of the past week.
Do you have anything that you want to share? Leave a comment with a link or a summary and why you find it interesting.