Is Elon Musk's robotaxi dream plunging Tesla into chaos and jeopardizing its vision of a cheap EV?
@EdLudlow reports www.bloomberg.com/news/features/2024-04-21/tesla-tsla-cybertruck-recall-is-latest-setback-to-stock-s-rough-2024
Quick Glance: Tesla Cybertruck Recall and Stock Decline 2024
- Elon Musk's underlings at Tesla Inc. are accustomed to chaos, but this year has been particularly turbulent. The stock price has plummeted, there has been confusion around product decisions and price cuts. Tesla's position in the Chinese EV market is under threat, and a meeting with India's Prime Minister for a planned investment announcement was abruptly called off.
- Tesla is expected to report a significant drop in operating profit and its first revenue decline in four years. Musk has ordered massive layoffs and is staking the company's future on a self-driving vehicle concept called the robotaxi. Many employees are unsettled by the changes the CEO wants to implement.
- Musk has been discussing the concept of an autonomous taxi service for at least eight years, but Tesla has not yet built the infrastructure required for it. The focus is now on the robotaxi instead of a cheaper mass-market vehicle that many investors deem crucial. Key managers have left the company, and analysts are concerned about Tesla's strategy.
- Musk has announced that more than 10% of the workforce will be laid off. Transitioning to the robotaxi service is risky, as regulation at the state and local level can be challenging. Nevertheless, Musk is betting on Tesla making robotaxis a reality by promoting FSD and cutting prices. Some of the Tesla layoffs were poorly organized and perceived as humiliating.
Tesla Will Recall Cybertruck in Latest Setback: A federal auto safety agency said the accelerator pedal on the pickup truck, sales of which began in late 2023 ...
nytimes.com/2024/04/19/business/tesla-cybertruck-recall.html
Quick Glance: Tesla Cybertrucks Recall Issued
- Tesla responds to defective accelerator pedals in nearly 3,900 Cybertruck pickups causing unintended acceleration.
- The recall involves Cybertruck vehicles manufactured between November 2023 and April 2024.
- An unauthorized use of soap during the accelerator pedal assembly likely led to the defect.
- Tesla voluntarily recalled the vehicles on April 12 due to two customer complaints.
Tesla cuts prices in US, China and Germany as competition heats up: Tesla has announced aggressive price cuts in China and Germany, shortly after reducing prices ...
cnn.com/2024/04/22/cars/tesla-price-war-china-germany-us-intl-hnk/
Quick Glance: Tesla cuts prices in US, China and Germany as competition intensifies
- Tesla has announced aggressive price cuts in China and Germany, shortly after reducing prices in the United States, as the world’s largest maker of electric vehicles (EV) faces declining sales and growing competition in major markets.
- The prices of four models were slashed in China by 14,000 yuan ($1,932), while in Germany, the price of the Model 3 rear-wheel drive was lowered by 2,000 euros ($2,132). Earlier cuts were made in the US, with prices of three models reduced, while prices for the Model 3 and Cybertruck remained unchanged.
- The price cuts come during a tough time for Tesla, with a significant stock plunge and a drop in quarterly deliveries. Elon Musk postponed his planned India trip due to company obligations. In China, Tesla's price cuts escalate an existing price war in a highly competitive sector influenced by other manufacturers like BYD offering more affordable options.
- The price wars in China began in 2022 and continue with over 30 car makers announcing further price reductions, impacting the entire auto industry's profit margins. Competitors like BYD and XPeng are also offering subsidies and lowering prices to attract buyers in the EV market, posing challenges to Tesla's market dominance.
Tesla Cuts Prices by $2,000 as Sales Slow, Inventories Swell: Tesla Inc. cut prices of its best-selling Model Y, as well as the Model S and X, by $2 ...
bloomberg.com/news/articles/2024-04-20/tesla-cuts-prices-by-2-000-as-sales-slow-inventories-swell
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Tesla will lay off more than 10% of global workforce: Read the Elon Musk memo: Tesla will lay off more than 10% of its global workforce, according to a memo sent ...
cnbc.com/2024/04/15/tesla-shares-dip-in-premarket-trade-on-global-layoff-reports.html
Tesla stock price hits 52-week low after another round of price cuts: "Tesla prices must change frequently in order to match production with demand ...
markets.businessinsider.com/news/stocks/tesla-stock-vehicle-model-y-price-cuts-tsla-elon-musk-2024-4
Quick Glance: Tesla Stocks Plummet Before Earnings Announcement
- The Tesla stock dropped by 3.4% on Monday, closing at $142.05, marking a 43% decline for the year, the second worst among S&P 500 members.
- Tesla cut prices in the USA, China, and across Europe, offering reductions of up to $2,000 on their popular Model Y SUV and entry-level Model 3 sedan.
- These reductions compound investors' growing concerns following weak first-quarter deliveries, layoffs, and a Cybertruck recall.
- Analysts are anticipating a 5.1% revenue decrease for Tesla in the first quarter, potentially marking the first year-over-year decline since Q2 2020 due to Covid disruptions.
Tesla cuts its car prices around the world after week of turmoil for the company: The company dropped its starting prices of its Model X, Model Y and Model S by ...
npr.org/2024/04/21/1246256484/tesla-car-price-cuts-elon-musk-cybertruck
Elon Musk and Tesla: Is the CEO’s controversial behavior responsible for company’s struggles?
mercurynews.com/2024/04/22/elon-musk-and-tesla-is-the-ceos-controversial-behavior-responsible-for-companys-struggles/
Quick Glance: Elon Musk and Tesla: Influence of CEO's divisive behavior on company's challenges
- The wealthiest individual globally freely voices his opinions, often sparking debate.
- Elon Musk, Tesla's CEO, has attacked U.S. election integrity, embraced White-supremacist propaganda, and accused President Joe Biden of treason.
- Experts suggest that Musk's conduct may deter potential customers, but larger issues impact his company. With growing competition in the electric vehicle market, his polarizing personality could lead to more significant long-term damage.
- While Musk may be damaging Tesla’s image with some consumers, the primary focus remains on the product and its dependability. Many consumers do not base their purchasing decisions on the political views of the company's leader.
Tesla slashes car and self-driving software prices after chaotic week: Three models are $2,000 cheaper in the US, while the self-driving software now costs $8 ...
businessinsider.com/tesla-slashes-prices-suv-cars-self-driving-software-before-earnings-2024-4
Is Elon Musk's robotaxi dream plunging Tesla into chaos and jeopardizing its vision of a cheap EV?
For more: www.bloomberg.com/news/features/2024-04-21/tesla-tsla-cybertruck-recall-is-latest-setback-to-stock-s-rough-2024
Elon Musk cancels trip to India over 'heavy Tesla obligations': Elon Musk shared the announcement in an X post on Saturday, just three days before Tesla's Q1 ...
businessinsider.com/elon-musk-cancels-trip-to-india-tesla-layoffs-struggles-2024-4
Quick Glance: Elon Musk postpones India trip due to Tesla issues
- Elon Musk has delayed his planned trip to India due to Tesla facing challenges.
- The Tesla CEO was set to travel to India next week to meet with Prime Minister Narendra Modi.
- While not revealing many specifics about the trip, Musk reportedly intends to announce an investment of $2 to $3 billion in India. He aims to establish a new factory in India, where the electric vehicle market is small but growing.
- Musk's decision to delay the trip coincides with Tesla's earnings release on April 23, where Musk and investors will address the company's tumultuous start to 2024.
Elon Musk apologizes to laid off Tesla employees for a major mistake: Musk just informed his Tesla employees of an issue that was brought to his attention.
thestreet.com/electric-vehicles/elon-musk-apologizes-to-laid-off-tesla-employees-for-major-mistake
Tesla asks shareholders to help Elon Musk get paid $56 billion: Tesla's stock has slumped in 2024 amid concerns about middling demand for EVs
axios.com/2024/04/17/elon-musk-pay-package-tesla-delaware-court
Quick Glance: Why Tesla Wants Approval for Elon Musk's $55 Billion Compensation Package
- Tesla is seeking shareholder approval for Elon Musk's compensation package, which was previously rejected by a judge.
- The company asserts that implementing the plan is crucial for Tesla's future growth.
- Elon Musk will be rewarded with stock options that become available when Tesla achieves specific financial objectives.
Focus: Tesla Semi trucks in short supply for PepsiCo as its rivals use competing EV big rigs
reuters.com/business/autos-transportation/tesla-semi-trucks-short-supply-pepsico-its-rivals-use-competing-ev-big-rigs-2024-04-19/
Off-roaders mock Tesla Cybertruck video: The tame trail footage spread on social media as customers learned the truck production is delayed again.
axios.com/local/salt-lake-city/2024/04/16/tesla-cybertruck-off-road-video-mocked-broken-arrow-trail
Quick Glance: Tesla Cybertruck: Pedal Safety Issues
- The Tesla Cybertruck has faced criticism for various issues, but now a serious safety concern with the accelerator pedal has led to the temporary halt of deliveries.
- A video and reports show that the pedal cover can come loose and jam, causing unintended acceleration even when the foot is not on the pedal.
- Deliveries have been halted, appointments rescheduled and canceled as Tesla investigates acceleration issues. A regulatory investigation looms over the company, potentially requiring a recall of all trucks.
- Some drivers have attempted to manually remove the pedal cover, indicating a potentially serious safety issue that cannot be resolved through software.
Tesla's Cybertruck may have an issue with its windshield panel: One owner said a panel in the middle of the windshield that allows you to put the truck in Drive ...
qz.com/tesla-cybertruck-windshield-panel-1851427746
Tesla shares tumble below $150 per share, giving up all gains made over the past year
apnews.com/article/tesla-stock-elon-musk-electric-vehicles-a58609b126ba5f5b7655f6049ecb27f1
Quick Glance: Tesla Shares Plummet Below $150, Erasing Year's Gains
- Tesla's stock tumbled below $150 per share, erasing all gains made in the past year, reflecting falling sales and deep discounts to attract buyers.
- Shares of Tesla have fallen by 12.4% this week and over 39% this year, accompanied by a global staff reduction of 10% amounting to around 14,000 jobs.
- Tesla's stock hit an all-time high in November 2021 but sales plummeted last quarter due to increased competition and failed price cuts to bolster demand.
- Anticipated lower first-quarter earnings for Tesla raise concerns about potential catalysts to reverse the stock decline amidst uncertainties surrounding the release of a new affordable electric vehicle and strategic shifts within the company.
Tesla slashes price for Full Self-Driving software: Tesla announced that it will cut the price for its Full Self-Driving software by one-third from $12,000 to $8 ...
foxbusiness.com/markets/tesla-slashes-price-full-self-driving-software
Tesla cuts price of Full Self-Driving software by a third to $8,000: Tesla slashed the price of its Full Self-Driving (FSD) driver assistant software to $8 ...
reuters.com/business/autos-transportation/tesla-cuts-price-full-self-driving-software-by-third-8000-2024-04-21/
Tesla's short-lived marketing team laid off: Tesla scraps its marketing team just months after it began, continuing the company's workforce reduction.
businessinsider.com/tesla-new-marketing-team-advertising-cut-layoffs-2024-4
Elon Musk wanted to cut Tesla headcount by 20%, Bloomberg source says: Musk told Tesla staff in a memo that the company's "rapid growth" had resulted in ...
businessinsider.com/elon-musk-cut-tesla-headcount-20-percent-bloomberg-2024-4
Stock market today: Indexes recover as traders brace for earnings: Tesla will report earnings after the closing bell on Tuesday, followed midweek by Meta ...
markets.businessinsider.com/news/stocks/stock-market-news-today-tesla-meta-1q24-earnings-fed-pce-2024-4
Elon Musk is a pigeon CEO, ‘he comes, sh*ts all over us, and goes’, says former Tesla manager
electrek.co/2024/04/22/elon-musk-pigeon-ceo-former-tesla-manager/
Elon Musk postpones India trip, citing ‘heavy obligations’ at Tesla: CEO was due to meet Narendra Modi but carmaker is likely to report worst performance in ...
theguardian.com/technology/2024/apr/22/elon-musk-postpones-india-trip-tesla-results-narendra-modi
Quick Glance: Elon Musk Postpones India Trip, Sources Say
- Tesla's CEO Elon Musk has postponed a planned trip to India where he was to meet Prime Minister Narendra Modi and announce plans to enter the South Asian market, according to three people familiar with the matter.
- Musk was expected to announce an investment of $2 billion to $3 billion, mainly to build a factory in India, following the government's policy of lowering high tariffs on imported cars if companies invest locally.
- His planned Sunday arrival was set to follow two days after the start of India's national elections, where Modi is projected to secure a rare third term.
- Reasons for the trip postponement were not immediately disclosed, and neither Tesla nor Modi's office responded promptly to requests for comments.
Morning Bid: Tanking Tesla reports, Europe business beats: A look at the day ahead in U.S. and global markets from Mike Dolan
reuters.com/markets/us/global-markets-view-usa-2024-04-23/
Javier Milei and Elon Musk are giga happy. Does anyone care?: On April 12, the Argentine president and Tesla CEO visited the company's gigafactory in Austin ...
lemonde.fr/en/m-le-mag/article/2024/04/21/javier-milei-and-elon-musk-are-giga-happy-does-anyone-care_6669063_117.html
Quick Glance: Javier Milei and Elon Musk: Business, Fashion, and Thumbs-Up Gesture
- The Argentine president and Tesla CEO visited the company's gigafactory in Austin, Texas, to freely discuss business on April 12.
- Milei and Musk met in Texas, visited Tesla Giga Texas factory, and had extensive conversations about the importance of free markets and defending freedom ideas.
- Musk recently lost 15 kilograms and shared insights into his diet, including deprivation, intermittent fasting, and Ozempic, an anti-diabetic medication.
- Both dressed in unique outfits, featuring cargo pants, skinny jeans, and cowboy accessories, expressing their enthusiasm with thumbs-up gestures.
The Morning After: House votes in favor of bill that could ban TikTok: The biggest news stories this morning: The best Mario Kart racer, according to science ...
engadget.com/the-morning-after-house-votes-in-favor-of-bill-that-could-ban-tiktok-111547495.html
Musk’s India Trip to See Breakthroughs for Starlink, Tesla: Days after Tesla Inc.’s largest-ever round of layoffs and hours before its quarterly earnings ...
bloomberg.com/news/articles/2024-04-20/musk-s-india-trip-to-see-breakthroughs-for-starlink-tesla
-The momentum in tech stocks is fading, says UBS-Reporting season
-Elon Musk must convince the market he has a plan to turn things around at Tesla@ManusCranny ... Show more trib.al/oxYXJyI
Tesla seeks to award Elon Musk $56bn pay package: The deal, if approved by shareholders and judges, would be the largest in corporate America.
bbc.com/news/articles/cqqndqndpq5o
Musk Postpones India Visit, Citing Heavy Tesla Obligations: Elon Musk postponed a visit to India which would have included a meeting with Prime Minister Narendra ...
bloomberg.com/news/articles/2024-04-20/elon-musk-postpones-india-visit-to-later-in-the-year
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Mark Zuckerberg net worth overtakes Elon Musk's for world's 3rd-richest: Musk and Zuckerberg have been at odds with each other in the past, with both agreeing to ...
businessinsider.com/mark-zuckerberg-elon-musk-net-worth-comparison-3rd-richest-person-2024-4
Tesla lowers price of ‘Full Self-Driving’ to $8,000, down from $12,000: The software, which CEO Elon Musk said would only get more expensive as it gets more ...
electrek.co/2024/04/21/tesla-lowers-price-of-full-self-driving-to-8000-down-from-12000/
Tesla pivots to prioritize robotaxis amid slow sales: report: Elon Musk teased a cheaper Tesla a few months ago. But the company has now shifted its priorities ...
businessinsider.com/tesla-elon-musk-prioritize-robotaxis-over-cheaper-vehicle-2024-4
Tesla expected to post lower profit margin amid doubts on growth, product strategy
reuters.com/business/autos-transportation/tesla-expected-post-lower-profit-margin-amid-doubts-growth-product-strategy-2024-04-22/
RECALL ALERT: Tesla is recalling at least 3,878 of its 2024 Cybertrucks after it discovered that the accelerator pedal can become stuck ... Show more abcnews.go.com/Business/wireStory/tesla-recalling-3000-2024-cybertrucks-due-faulty-pedal-109422691
Elon Musk's Tesla could face 'dark days' with earnings looming after layoffs: Tesla stock has fallen by almost 40% this year amid poor sales and layoffs ...
qz.com/tesla-stock-layoffs-elon-musk-evs-analysts-q1-earnings-1851420154
Stock market today: Tesla kicks off Magnificent 7 earnings season: Shares in Elon Musk's electric car maker have plummeted this year amid signs of a slowdown in ...
businessinsider.com/stock-market-today-tesla-elon-musk-magnificent-seven-big-tech-2024-4
Wall Street wants answers from Elon Musk on Tesla's Model 2 car: Elon Musk has kept investors hanging since he issued cryptic social posts following an exclusive ...
reuters.com/business/autos-transportation/wall-street-wants-answers-musk-teslas-affordable-car-2024-04-17/
The Memo: Workweek whiplash: Plus: Elon Musk’s leaked memo to staff.
qz.com/emails/quartz-at-work/1851425283/the-memo-workweek-whiplash
Tesla cuts prices for 3 of its EV models in US following a difficult week: Tesla knocked USD 2,000 off the prices of three of its five models in the United ...
business-standard.com/world-news/tesla-cuts-prices-for-3-of-its-ev-models-in-us-following-a-difficult-week-124042000759_1.html
Tesla cancels some layoff separation agreements: Some laid off Tesla workers received a notification that their separation agreement had been canceled.
businessinsider.com/tesla-cancels-some-layoff-separation-agreements-2024-4
Tesla layoffs continue as recruiters get cut: Former Tesla workers confirmed to BI that some recruiters were informed of the layoffs via a call on Friday morning ...
businessinsider.com/tesla-layoffs-continue-recruiters-2024-4
3878 vehicles affected: Because of soap on the accelerator pedal - Tesla recalls Cybertrucks
spiegel.de/auto/tesla-elektroautobauer-ruft-fast-4000-cybertrucks-zurueck-wegen-seife-am-gaspedal-a-fb2a86e0-2af7-4967-bf13-83a85dffd108
Cybertruck owner video claiming stuck pedal gets attention of regulators: After a Cybertruck owner's video saying his accelerator pedal got stuck went viral ...
businessinsider.com/tesla-cybertruck-owners-video-stuck-pedal-accelerator-attention-safety-regulators-2024-4
3 Lessons for Leaders From Elon Musk's $100 Billion Payday: When making executive comp decisions, it's important to focus on sustainable value.
inc.com/peter-cohan/3-lessons-for-leaders-from-elon-musks-100-billion-payday.html
Tesla Doesn't Want to Disclose How Many Harassment Cases It Faces: The Tesla board rejects a proposal to release an annual report on pending harassment and ...
pcmag.com/news/tesla-doesnt-want-to-disclose-how-many-harassment-cases-it-faces
Tesla tries legal 'Band-Aid' to revive Musk's huge pay deal: Tesla and Elon Musk are seizing upon an obscure provision in corporate law to attempt to restore ...
reuters.com/legal/tesla-tries-legal-band-aid-revive-musks-huge-pay-deal-2024-04-18/
Tesla Stock Could Hit A New 52-Week Low After Downgrade On 'Thesis-Changing' Shift
investors.com/news/tesla-stock-new-52-week-low-after-downgrade-on-thesis-changing-shift/
What the union vote at Volkswagen means for Tesla: Friday's victory at Volkswagen in Tennessee represents a turning point for the United Auto Workers union as ...
businessinsider.com/uaw-union-vote-volkswagen-tesla-elon-musk-organizing-2024-4
Tesla is waging a price war against its Chinese rivals: Tesla has been slashing prices for its vehicles in the Chinese, US and European markets amid declining ...
businessinsider.com/tesla-waging-price-war-against-chinese-rivals-2024-4
From @Breakingviews : Tesla is asking investors to re-ratify Elon Musk’s court-voided $40-billion pay package, which @JMAGuilford explains ... Show more www.reuters.com/legal/transactional/musks-next-big-payday-matters-more-than-his-last-2024-04-17/
I relocated when Tesla asked. Then I was laid off.: A Tesla worker who was laid off says they tried to clock in and their phone said to contact IT.
businessinsider.com/laid-off-tesla-worker-story-after-relocating-2024-4
Elon Musk apologizes for 'incorrectly low' Tesla severance: report: The Tesla CEO told workers in an email that the mistakes were "being corrected immediately."
businessinsider.com/elon-musk-tesla-apologizes-severance-packagaes-layoffs-2024-4
The NHTSA Is Now Involved In the Tesla Cybertruck's Stuck Throttle Fiasco: The heavy, powerful Tesla Cybertruck may be prone to unintended acceleration ...
thedrive.com/news/the-nhtsa-is-now-involved-in-the-tesla-cybertrucks-stuck-throttle-fiasco
Temporary workers initially affected: Tesla separates from 300 employees in Germany
n-tv.de/wirtschaft/Tesla-trennt-sich-von-300-Mitarbeitern-in-Deutschland-article24882129.html
Tesla recalls Cybertrucks due to faulty accelerator pedal that can get stuck: The NHTSA said the trapped accelerator pedal can cause the vehicle to accelerate ...
usatoday.com/story/money/cars/recalls/2024/04/19/tesla-cybertruck-recall-accelerator-pedal/73383894007/
Tesla asks shareholders to reapprove huge Musk compensation package: The proposals come amid a difficult stretch for Tesla, whose shares have fallen 37 percent ...
lemonde.fr/en/international/article/2024/04/18/tesla-asks-shareholders-to-reapprove-huge-musk-compensation-package_6668778_4.html
'Time to sleep on the floor' at Tesla: top stock bull Adam Jonas: "Looking ahead to Tesla's 1Q results (after Tuesday's close) investors are starting to ask: 'Is ...
businessinsider.com/tesla-stock-price-outlook-sleep-on-floor-elon-musk-jonas-2024-4
So, you’ve filed your #taxes . Wondering if there was a missed opportunity to soften the #taxhit ?
We're looking ahead to the next #taxday to see how you can make ... Show more #investing www.youtube.com/watch
Tesla, Children’s Books, and Elon Musk’s ‘I Told You So’ Moment: Tesla is having a bad year, but here are reasons why it may rebound.
barrons.com/articles/tesla-stock-elon-musk-comeback-fc1214bd
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Elon Musk apologizes to laid-off Tesla employees for severance error: In a brief email, the CEO assured the company was working to remedy the mistake.
sfchronicle.com/tech/article/elon-musk-apologizes-tesla-severance-packages-19410249.php
Elon Wants His Money Back: Tesla to Texas, banker breakup fees, Destiny Tech100 and WhatsApp at the SEC.
bloomberg.com/opinion/articles/2024-04-17/elon-wants-his-money-back
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How much severance laid-off Tesla workers get: Five former workers told Business Insider that Tesla's severance offer included two months' pay.
businessinsider.com/tesla-layoffs-severance-agreement-pay-benefits-details-2024-4
Elon Musk says Tesla needs a 'complete organizational overhaul' : "That said, our executive tenure is unusually high at well over 10 years at Tesla ...
businessinsider.com/elon-musk-says-tesla-needs-a-complete-organizational-overhaul-2024-4
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Anaheim police unveil new Tesla patrol cars: The electric vehicles are expected to have lower operating costs and be easier to come by than the traditional model ...
ocregister.com/2024/04/16/anaheim-police-unveil-new-tesla-patrol-cars/
Quick Glance: Anaheim Police Introduce New Tesla Patrol Vehicles
- Anaheim police will soon start using electric Tesla Model Ys as patrol vehicles in a pilot program to keep more officers on the road.
- The Police Department has 83 patrol vehicles that are aging and breaking down more often. The need is critical as the patrol fleet is depleted, leading to insufficient vehicles for proper officer deployment.
- The six purchased Model Ys will be put in service after 16 officers are trained to use them. The electric vehicles will be charged at police stations with level-two chargers and refueled with Tesla Superchargers during 24-hour shifts.
- The Teslas are expected to be cheaper to operate but have a higher initial cost. The department plans to evaluate the performance of electric vehicles during the pilot program to determine potential future purchases.
Tesla worker laid off weeks after joining says he can't pay rent: A man told KVUE that he was hired to work at Tesla's Texas plant a few weeks ago ...
businessinsider.com/tesla-worker-laid-off-ev-transport-texas-rent-2024-4
Tesla will lay off more than 10% of global workforce: Read the Elon Musk memo: Tesla will lay off more than 10% of its global workforce, according to a memo sent ...
cnbc.com/2024/04/15/tesla-shares-dip-in-premarket-trade-on-global-layoff-reports.html
Elon Musk says OpenAI has been poaching Tesla engineers aggressively: "The talent war for AI is the craziest talent war I've ever seen!" Musk wrote on X.
businessinsider.com/elon-musk-says-openai-has-been-poaching-tesla-engineers-aggressively-2024-4
Quick Glance: Potential Risk: Tesla Stock Price Faces Dramatic Decline
- Per Lekander labels Tesla as the largest stock market bubble in modern history.
- He warns that the absence of growth endangers Tesla's stock price and poses a risk of collapse.
- Lekander forecasts a potential drop in the stock price to just $14 per share, reflecting a 91% decrease. He critiques Tesla's business model and highlights current demand challenges.
Tesla discloses it spent $200,000 advertising on X: Here’s one advertiser that social media platform X doesn’t have to worry about losing because it’s turned off ...
cnn.com/2024/04/18/business/elon-musk-tesla-advertises-on-x/
Tesla (TSLA) Model 2 Is Crucial to Investment Thesis, David Baron Says: A prominent Tesla Inc. investor on Wall Street warns his bullish case would be in ...
bloomberg.com/news/articles/2024-04-18/tesla-tsla-bull-david-baron-warns-ditching-cheaper-model-2-thesis-changing
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Musk needs to explain Tesla layoffs amid 'horror show': Dan Ives: Tesla's layoffs are adding to the "horror show" investors have been dealing with in recent ...
markets.businessinsider.com/news/stocks/elon-musk-tesla-stock-price-layoffs-earnings-outlook-dan-ives-2024-4
As EVs surge, warning signs grow for Tesla | Analysis: The world’s largest electric carmaker on Monday told employees it would lay off more than 10% of its ...
nytimes.com/2024/04/16/climate/has-tesla-peaked.html
Tesla ditches EV inventory discounts to ‘streamline’ sales and delivery: Tesla has ended discounts on inventory across its electric vehicle lineup — even as ...
techcrunch.com/2024/04/16/tesla-ditches-ev-inventory-discounts-to-streamline-sales-and-delivery/
Tesla wants shareholders to reinstate $56 billion Musk pay package tossed by a Delaware judge
pbs.org/newshour/economy/tesla-wants-shareholders-to-reinstate-56-billion-musk-pay-package-tossed-by-a-delaware-judge
Walmart Is Poised to Overtake Tesla in Market Value. How the Retailer Got Here.: It’s a tale of contrasting fortunes: Walmart stock has steadily risen as some of ...
barrons.com/articles/walmart-tesla-overtake-market-value-40f12270
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From @Breakingviews : Tesla shareholders will soon vote on re-ratifying its CEO’s court-voided $40-billion pay package. It’s not a tough decision, instead ... Show more @JMAGuilford www.reuters.com/legal/transactional/musks-next-big-payday-matters-more-than-his-last-2024-04-17/
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