Musk Wants More TSLA Control 🖥️ MELI CTSH 📈 ATO UAL 📉

FlowBank's hand-curated fresh financial news [header_noDither] 16.1.2023 Elon Musk wants more control of Tesla Elon Musk, the CEO of Tesla and SpaceX, is seeking to increase his voting control in Tesla to approximately 25%, significantly higher than his current 13% stock ownership. He expressed his discomfort in leading Tesla's AI and robotics ventures without this level of control in a recent post on X (which he also owns). This move follows a previous lawsuit by shareholders against Musk and Tesla, alleging that Musk's 2018 compensation was excessive and that the board's approval constituted a breach of fiduciary duty. WHAT'S MOVING [Group 1742 (2)-3] [Start Trading](113/cXx8Z04/VVS7m-6WDd1bW8-LnHw808VW5W6P_DFt58lcXZN9h9bHq2-ZVTW6N1vHY6lZ3lfN53vvQqxMK2kW4SKM6g7wmh7kW1gqpcc1CZSKgW8jDBRy8lldHKW7gZ6zM3r7s09W5d9lMg5kn1skW9lGKY497VFPCW61w9rG8_NNCQMJ1ZPyj9T4DW4-4Yb98nm0k6W6Y7ZbQ9kHXL4W3kvGMj7_wPF1W12PzXY2v5K6GW68XV2r7kz8D5W1Drq5y4zBbkXW5NPWKZ5HlQLmW2gHzSH61_1pfW4tVl-23FPWsPW4DJSPl65_r1mW3XwgT085hX4JN5dKW5_DkR1dW27W6Y12d8hrhdYf5dR04) [Group 3 (2)-3] Bitcoin ETFs Following SEC approval of Bitcoin ETFs, analysts anticipate between $50 billion to $100 billion will be invested in Bitcoin ETFs in 2024. [Group 1749 (1)] Maersk The global shipping industry has seen Asia-Europe rates more than double since 2023. Despite profits in 2021 and 2022, the industry witnessed a significant 95.6% decrease in net income in the third quarter of 2023. [Group 1750 (1)] Indian Stock Market Since elections in December, Indian benchmark indices have risen over 6% to record highs. Analysts speculate that a significant rally could occur if the Reserve Bank of India lowers interest rates in the latter half of 2024. WHAT'S COMING UP? BoE Gov Bailey Speaks GBP: BoE Gov Bailey Speaks USD: Fed Waller Speaks CNY: GDP (YoY) (Q4): Prev. 4.9% Exp. 5.2% IN OTHER NEWS Wall Street After a long weekend stock futures point lower on Wall Street ahead of more bank Q4 earnings results, which are expected to shed light on the current condition of the American consumer. [Group 1769] Europe European stock markets are poised for a decline at Tuesday's opening, with attention centred on developments and remarks emerging from the World Economic Forum taking place in Davos, Switzerland. MARKET INSIGHTS What's the Point of a Bitcoin ETF? Finally, a cash Bitcoin ETF has been approved by the SEC but what does it mean for the adoption and price of cryptocurrencies? 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