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Tesla, Palantir, Hasbro, Target and more

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Tesla Motors CEO Elon Musk unveils a new all-wheel-drive version of the Model S car in Hawthorne, California October 9, 2014.

Lucy Nicholson | Reuters

Check out the companies making headlines in midday trading.

Tesla — Shares of the electric carmaker popped 1.6% after an SEC filing showed Tesla bought $1.5 billion worth of bitcoin. The company said it bought the bitcoin for “more flexibility to further diversify and maximize returns on our cash,” according to the filing. Tesla also said it would start accepting payments in bitcoin in exchange for its products as well.

Palantir Technologies — Shares of the big data company rose more than 8% after it announced a new global partnership…



Source cnbc.com

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