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HomeBusinessElon Musk Calls for War on Amazon

Elon Musk Calls for War on Amazon

Elon Musk calls for Amazon breakup. Claims censorship of his book about COVID-19 after Covid-19 skeptic claims it censored his book.  Musk directed his tweet @ Jeff Bezos and the reporter   New York Times reporter Alex Berenson. Apparently, they felt it does not meet Amazon standards.

The book that was taken down is titled “Unreported Truths about Covid-19 and Lockdowns: Part 1: Introduction and Death Counts and Estimates.” By Elon Musk

Musk further replied “Time to break up Amazon. Monopolies are wrong!”

Amazon later placed the book back up to its website and apologized.

 

Elon Musk co-founded and leads Tesla Tesla, Inc. (TSLA) Nasdaq, SpaceX, Neuralink and The Boring Company.

Elon Musk is a South African-born American entrepreneur and businessman who founded X.com in 1999 (which later became PayPal), SpaceX in 2002 and Tesla Motors in 2003.

Major Holders

20.51%   % of Shares Held by All Insider

57.93%   % of Shares Held by Institutions

72.87%   % of Float Held by Institutions

1,319         Number of Institutions Holding Share

Top Institutional Holders

Holder   Shares   Date Reported   % Out       Value

Baillie Gifford and Company               12,076,416                     Mar 30, 2020           6.51%       6,328,041,984

Capital World Investors 10,714,131                     Mar 30, 2020           5.78%       5,614,204,644

Vanguard Group, Inc. (The)                   8,662,781                         Mar 30, 2020           4.67%       4,539,297,244

Blackrock Inc.         7,213,587                         Mar 30, 2020           3.89%       3,779,919,588

FMR, LLC                           4,615,556                         Mar 30, 2020           2.49%       2,418,551,344

Jennison Associates LLC 4,320,630                         Mar 30, 2020           2.33%       2,264,010,120

State Street Corporation                             3,095,851                         Mar 30, 2020           1.67%       1,622,225,924

JP Morgan Chase & Company         2,816,285                         Mar 30, 2020           1.52%       1,475,733,340

Goldman Sachs Group, Inc.                   2,702,701                         Mar 30, 2020           1.46%       1,416,215,324

BAMCO Inc.               1,615,174                         Mar 30, 2020           0.87%       846,351,176

Our Top Stock are Walmart which is so undervalued and should be trading above $300 and Groupon (NASDAQ:GRPN) with a potential upside $50 by end of the year with strong holiday sales and retail spending. Another company we like is Google Alphabet ( NASDAQ:GOOGL ) with an upside of $2000 and Apple ( NASDQ:AAPL ) with upside of $1000.

CWEB.com is not registered as an investment adviser with the U.S. Securities and Exchange Commission. Rather, CWEB.com relies upon the “publisher’s exclusion” from the definition of investment adviser as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws.

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