DealBook Briefing: Tesla’s Mass Market Hopes May Remain Elusive

  • 6 years ago
DealBook Briefing: Tesla’s Mass Market Hopes May Remain Elusive
There had been little sense at Wynn Resorts over the last week that the man who made modern Las Vegas was on his way out:
Top executives spent hours with Mr. Wynn going over plans for a new casino he would like to build in Las Vegas, according to a person familiar with the matter, while the company’s general counsel hopped
on a call with other executives to discuss the Vegas Strong Fund, a nonprofit formed in the aftermath of last year’s mass shooting on the Las Vegas Strip, according to a person familiar with the call.
After much pain that investors have endured since SNAP went public, this quarter was finally a breath of fresh air
that gives new life to the SNAP turnaround story in 2018.”
In the early-morning tweet, Mr. Trump lamented that in the “old days,” stocks would rise on
good economic news, saying “Today, when good news is reported, the Stock Market goes down.
When the WSJ article was published, Mr. Wynn denied the accusations of sexual misconduct, calling them “preposterous.”
On Tuesday he said, “I have found myself the focus of an avalanche of negative publicity.”
It is not clear why Mr. Wynn decided to step down.
“I feel like I’m doing less marriage counseling with 12 adults,” Mr. Bush said of his board, adding
that Mr. Immelt would be a partner to take advice from (and occasionally whine to).

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