Five Things You Need to Know to Start Your Day
Get up to speed with what's moving markets
Good morning. Musk’s Tesla stake, British Airways’ lifeline, Russian gas and Johnson’s backlash. Here’s what’s moving markets.
Elon Musk proposed selling 10% of his Tesla stock on Twitter, and took a poll of people on the social network to see if they supported it. A majority of 3.5 million Twitter voters -- 58% -- said they’d support such a sale. Musk had said he would abide by the results and was prepared to accept either outcome. A cryptocurrency version of Tesla’s shares trading on FTX suggests Musk’s tweeting may cause the shares to fall when Wall Street wakes up Monday.