‘The Big Short’ investor Michael Burry says Elon Musk is selling Tesla stock to profit from its surge — and predicts this is the biggest bubble of his career

Michael Burry.Astrid Stawiarz/Getty Images Michael Burry said Elon Musk was selling Tesla stock to profit from its surge, not to raise cash. The “Big Short” investor noted that Musk had raked in cash and cut his tax bill in recent months. Burry disclosed that he’d never shorted crypto and said this is the biggest bubble…

Warren Buffett’s Berkshire Hathaway reveals new bets on Floor & Decor and Royalty Pharma

Warren Buffett. REUTERS/Rick Wilking Warren Buffett’s Berkshire Hathaway invested in Floor & Decor and Royalty Pharma last quarter. The investor’s company exited Merck and cut its AbbVie and Bristol-Myers Squibb stakes. Berkshire also trimmed its positions in Visa, Mastercard, and Charter Communications. Warren Buffett’s Berkshire Hathaway built new stakes in Floor & Decor and Royalty…

A New York man was arrested after allegedly issuing a death threat to GOP Rep. Andrew Garbarino over his vote for the bipartisan infrastructure bill

A Long Island man was arrested for allegedly threatening Rep. Garbarino over his infrastructure vote, per the AP. Garbarino was one of 13 House Republicans to back the bill, which passed in a 228-206 vote. “It’s amazing people want to kill me over paving roads and clean water,” he told BuzzFeed News. Loading Something is…

World leaders at COP26 strike agreement to ‘phase down’ unabated coal and call on wealthy nations to double funding to vulnerable nations

The COP26 conference concluded Saturday with an agreement between nations on how to address climate change. For the first time, the agreement mentioned fossil fuels as a cause of climate change. But a last-minute move changed a plan to “phase out” unabated coal to a “phase down,” The New York Times reported.  Loading Something is…

Dave Chappelle’s high school alma mater postponed a fundraiser where he was set to appear after students threatened to walkout

Dave Chappelle’s alma mater postponed a fundraiser appearance from the comedian after students threatened to walkout. The event, originally slated for this month, will be held in 2022 to raise money for a theater named after the comedian. Chappelle sparked controversy over comments he made about the trans community in his Netflix special, “The Closer.”…

Voyager vs. Coinbase: How the crypto platforms compare

Voyager vs. Coinbase: The biggest differencesVoyager and Coinbase both offer extensive cryptocurrency selections, interest rewards, and support for institutional clients. However, the crypto platforms diverge in certain areas. Voyager is best for mobile-forward crypto traders who want access to a simple user interface, low fees, and multiple account funding options. While it doesn’t offer as many…

A delivery contractor serving companies like Walmart says it never stopped paying out all tips to workers after an app change prompted confusion

Delivery contractor Point Pickup says it never stopped paying out 100% of tips to drivers. The company says a change in how it communicates pay caused confusion. “ABSOLUTELY NOTHING HAS CHANGED from our original payment model,” the company said. Loading Something is loading. Editor’s note: Motherboard’s report on the Point Pickup app has significantly changed…

A New Jersey state senator-elect deletes Twitter after receiving backlash for racist, derogatory tweets

A New Jersey state senator-elect had a Twitter feed full of bigot statements. Edward Durr has since deleted his profile and issued an apology. The state senator-elect, who previously worked as a truck driver, ousted state Senate President Steve Sweeney. Loading Something is loading. Political newcomer Edward Durr won in his New Jersey state Senate…