Skip to main content

Acra Lending

Post a Comment

Tesla Yahoo Finance

 

Tesla Yahoo Finance


Tesla Yahoo Finance


Previous Close639.30
Open640.30
Bid648.30 x 1100
Ask648.97 x 800
Day’s Range639.60 – 662.91
52 Week Range608.88 – 1,243.49
Volume30,880,590
Avg. Volume28,695,063


Market Cap673.697B
Beta (5Y Monthly)2.13
PE Ratio (TTM)87.88
EPS (TTM)7.40
Earnings DateJul 25, 2022 – Jul 29, 2022
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est908.47

Can you imagine a town without a single Tesla  (TSLA) – Get Tesla Inc. Report on the road. Given how prominent they’ve become since Elon Musk first founded the company in 2003, it may seem like something from the long-gone past.

But as first reported by Reuters, one district in northern China is making that a reality this summer.

The district of Beidaihe is banning all Tesla cars from entering its territory for the next two months. It is home to a beach resort in the norther Hebei province, which borders the Bohai Sea coast and is home to some 74 million people.

Why Is This District Banning Teslas?

The reason for the ban is not so much about maintaining a tranquil, car-free coast but the fact that Beidaihe hosts an annual ultra-secretive summit of top Chinese leadership. 

The event is always mired in secrecy — particular from foreign observers. The exact dates are never announced and, each year, some coverage of it emerges only after the summit has already taken place.

“Ostensibly an annual break for [China’s top leaders] to switch off and relax on the long beaches of the fabled northern resort town, it has also become an occasion when the country’s most powerful could spend time glad-handing, logrolling and tittle-tattling each other, making it the most watched unofficial event in the nation’s political calendar,” journalist William Zheng wrote for the South China Post in 2020.

A Beidaihe Traffic Police Brigade told Reuters that the Tesla ban was instituted due to a matter of “national affairs.”

He did not provide additional information on why Tesla was targeted as opposed to any other foreign car while Tesla, which disbanded its PR team, could not be reached for comment.

Labels:

Comments

Post a Comment

Popular posts from this blog

Va Lenders

To be eligible for a VA loan, you or your spouse must meet the minimum service requirements set by the Department of Veterans Affairs (VA), have a valid Certificate of Eligibility (COE) and satisfy the lender’s credit and income requirements. Who is Eligible for a VA Loan? You may be eligible for a VA loan by meeting  one or more  of the following requirements: You served 90 consecutive days of active service during wartime. You served 181 days of active service during peacetime. You have 6 years of service in the National Guard or Reserves. You are the spouse of a service member who has died in the line of duty or as a result of a service-related disability. Don’t meet the minimum service requirements?  You may still be eligible:  Talk with a Home Loan Specialist today See if You Meet the Qualifications Answer a few questions below to speak with a specialist about what your military service has earned you. Select your branch of service: Army Marine Corps Navy Air Fo...
Post a Comment
Read more

When do you need to hire a car accident lawyer?

  When do you need to hire a car accident lawyer? After a car accident, you may not know what to do. Fortunately, an experienced car accident lawyer’s help can protect your rights to compensation. We asked dozens of attorneys with over 700+ years of combined experience to answer a simple yet essential question: “ When do you need to hire a car accident lawyer ? ” The consensus is that insurance companies have teams of lawyers and adjusters who begin evaluating your injury claim right away and, because of this, it is essential to retain a personal injury lawyer immediately if you are injured in a car collision. You never want to go up against the insurance companies alone. The key is to find an attorney or law firm that provides personal attention at your most vulnerable hour. At Dolman Law Group Accident Injury Lawyers, PA, we believe that everyone deserves justice after a serious car accident, and, as such, we fight aggressively for all our clients. Our law firm has helped collect...
Post a Comment
Read more

Acra Lending

  Citadel Servicing Corporation (CSC) , one of the  country’s largest non-QM lenders , is rebranding as  Acra Lending (Acra) . The change is effective Monday. “We are excited to rebrand our business as Acra Lending to reflect the substantial time and resources we have dedicated to internalizing customer feedback, fine tuning our financial and operating model, and investing in the best people and technology,” Keith Lind, executive chairman and president, said in a news release. “The goal of all these efforts is to build upon our strong foundation to provide industry leading service and programs to suit our customers’ needs.” Then known as Citadel Servicing, the company was acquired by HPS Investment Partners, LLC in February 2020 for an undisclosed price. When COVID-19 hit, the non-QM market disappeared. Liquidity had dried up and bond investors, which underpin the non-QM market, were running for the hills. Citadel pressed pause on new originations. Its competitors  A...
Post a Comment
Read more