While Dogecoin’s recent price surge has captured Wall Street’s attention, Galaxy Digital CEO Mike Novogratz is urging investor to be very careful, cautioning that the jump is a 'retail phenomenon driven by the fact that [Federal Reserve] Chair Jay Powell is giving money to everybody.'
Tesla Inc apologised to Chinese consumers for not addressing a customer's complaints in a timely way, and said it would launch a review of its service operations in the world's biggest auto market. The unusual public apology from Tesla followed criticism in state media, and an incident at the Shanghai auto show that got wide attention in China's social media. An unhappy customer by clambered atop a Tesla at the auto show to protest the company's handling of her complaints about malfunctioning brakes.
Robust Model 3/Y demand, ramped up output from the Shanghai Gigafactory, and solid performance of the energy and storage business are likely to have buoyed Tesla's (TSLA) Q1 earnings.