), the parent of the popular UFC mixed martial arts franchise, slipped after it said on Monday it will acquire entertainment firmThe deal unites two of the biggest names in wrestling and entertainment and caps a months-long sale process for WWE, overseen by its co-founder and executive chairman Vince McMahon who returned to the company’s board in January.
McMahon will retain his role in the new company, which will be majority owned by Endeavor with a 51-per-cent stake, while WWE investors will own the rest. Tesla delivered 422,875 vehicles for the first three months of this year, up 4 per cent from the previous quarter. This was 36 per cent higher than a year ago. In January, Chief Executive Elon Musk said Tesla could achieve 2 million vehicle deliveries this year, up 52 per cent from last year.
“If they wouldn’t have done the price cut, it would have been ugly. I think what it tells you is the economy is getting tough,” Gene Munster, managing partner at Deepwater Asset Management, said on Sunday. The first-quarter deliveries compare with analyst expectations of 430,008 vehicles, according to Refinitiv data based on seven analysts.
WME is falling like a rock