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Chipmaker’s plan to repurchase stock comes as share price gains have slowed this year
We haven't written up this one. Financial Times has the full story — the link below goes straight to it.
Key PointsThe S&P 500 last traded in bear territory during 2022 and 2023, sparking a 75% peak-to-trough decline in Tesla stock.
The company intends to repurchase a large amount of shares through January 2028, reflecting “confidence in the long-term opportunity ahead.”
The group plans S$6 billion in divestments, S$5 billion in investments and a fresh thrust into China and Japan
The primary market is emerging as a broader capital formation channel, supported by institutional, high-net-worth and retail investor participation
