Tag: private

  • Tesla CEO Plans to Turn Company Private: What Does That Mean for Shareholders?

    Tesla CEO Plans to Turn Company Private: What Does That Mean for Shareholders?

    Tesla CEO Elon Musk has announced his intentions to turn Tesla into a private company. In a Tweet sent on August 7th, Musk claimed, “Am considering taking Tesla private at $420. Funding secured”. Tesla was founded in 2003, and has become renowned for creating the most high technology, innovative electric vehicles in the world, with…

  • $201 million property in China jawdropping

    $201 million property in China jawdropping

     Taohuayuan is mainland China’s most expensive property, sitting pretty inside the middle of Suzbou’s Dushu Lake. It’s currently listed for sale at a whopping $201 million (one billion Chinese Yuan). The property took three years to build and it’s no surprise why; as it boasts over 32 bedrooms and 32 bathrooms. The name Taohuayuan converts to ‘utopia’ or ‘peach blossom land’ in…

  • Medibank customers delayed in processing tax returns

    Medibank customers delayed in processing tax returns

    It’s that time of year again when Australians get their tax returns ready to lodge to the Australian Taxation Office (ATO) but for Medibank customers that may be a while longer. Australia’s leading health insurance provider has reportedly been stopped in its tracks after a technical failure regarding customer data migration. Over four million Australians will be…