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Tesla extends its 2024 stock skid to 34% as top execs reportedly depart amid job cuts

Often when a company announces job cuts, its stock price jumps as investors applaud cost-saving measures. That's not happening for Tesla on Monday. .....»»

Category: smallbizSource: nytApr 15th, 2024

Tesla stock hits 52-week low, extends 2024 decline to 43% after another round of price cuts

"Tesla prices must change frequently in order to match production with demand," Tesla CEO Elon Musk said on Sunday via X. Justin Sull.....»»

Category: smallbizSource: nytApr 22nd, 2024

Morning Brew: Tesla Announces Expansion Plans Amid Market Fluctuations

Check out Ron Baron Stock Picks » Download GuruFolio Report of Ron Baron (Updated on 04/30/2024.....»»

Category: blogSource: gurufocusMay 2nd, 2024

Tesla stock drops as Elon Musk reportedly announces hundreds more layoffs including senior execs

The drop pared some of the gains from Monday's session, which saw the stock jump on optimism around Musk's China visit. Tesla CEO Elon Musk......»»

Category: dealsSource: nytApr 30th, 2024

"A rip the band-aid off quarter": Here"s what Wall Street expects from Tesla earnings amid an epic stock skid

Tesla is facing uncertainty as it pivots away from low-cost vehicles towards autonomous driving and rototaxis. A Tesla Model 3.John Keeble/Getty ImagesTesla is set to report first-quarter earnings results after the market close on Tuesday.The earnin.....»»

Category: worldSource: nytApr 23rd, 2024

Tesla On The Cusp Of Massive 20% Job Cuts Amid Fundamental Woes, Stock Slump: Report

Ahead of what is widely expected to be a dismal quarter, Tesla is rumored to be eyeing job cuts amid a tough environment. read more.....»»

Category: blogSource: benzingaApr 15th, 2024

Tesla stock is soaring on record quarterly deliveries, but the EV maker is "barely growing", stock research chief says

Gordon Johnson, the CEO of GLJ Research, says Tesla's 2% sequential growth is hardly "transformational" amid price cuts and increasing sales. Tesla head .....»»

Category: smallbizSource: nytApr 5th, 2021

Tesla"s stock extends drop; J.P. Morgan widens Q2 loss outlook amid higher "burst production" costs

Shares of Tesla Inc. slumped 4% in active morning trade Tuesday, as selling continued in the wake of the electric car maker's second-quarter production update. The stock had ral.....»»

Category: topSource: marketwatchJul 3rd, 2018

I landed a dream internship at Tesla. Now I"m scrambling after the company cancelled my internship 3 weeks before I was set to start.

Brook Gura was supposed to start interning at Tesla later this month. Now, she's scrambling after Tesla revoked her offer amid personnel cuts. SOPA Images/GettyTesla is revoking summer .....»»

Category: smallbizSource: nyt6 hr. 34 min. ago

Giga Pause: Elon Musk"s Tesla Reportedly Backs Down On Ambitious EV Manufacturing Technique Amid Hardcore Cost-Cutting Drive

This move is another instance of Tesla cutting short-term expenditure as it adapts to declining sales, shrinking profit margins, and escalating competition. read more.....»»

Category: blogSource: benzingaMay 2nd, 2024

Stock market today: US stocks fall ahead of Fed decision

The outlook for Fed rate cuts continues to sour, with markets now pricing in just 1-2 cuts by the end of 2024. US Federal Reserve Board Chairman Jerome Powell.Anna Moneymak.....»»

Category: topSource: businessinsiderMay 1st, 2024

Elon Musk Overtakes Mark Zuckerberg As World"s Third-Richest Amid Stock Market Shake-Up

The CEO of Tesla Inc, Elon Musk, has moved ahead of Meta CEO Mark Zuckerberg to claim the title of the world's third-richest billionaire, following a resurgence in Tesla's stock value. read more.....»»

Category: blogSource: benzingaApr 27th, 2024

Tesla To Cut 693 Jobs In Nevada Amid Global Workforce Reduction: Government Notice

Tesla Inc. is reportedly set to lay off 693 employees at its Nevada facilities as part of the 10% layoff announced by the company. read more.....»»

Category: blogSource: benzingaApr 27th, 2024

Stock market today: US stocks rise with tech sector gaining amid earnings

Tesla shares popped over 12% early Wednesday. Investors have tech in focus as Meta gets ready to report after the bell .....»»

Category: smallbizSource: nytApr 24th, 2024

Live updates: Tesla profits plunge, but shares rally as company reveals plans for robotaxis and cheaper cars

Tesla will report quarterly earnings today, April 23, after market close. The analyst call comes amid the stock price's decline and announced layoffs. Tesla stock rose Tuesday afternoo.....»»

Category: worldSource: nytApr 23rd, 2024

Stock market today: US stocks climb ahead of Tesla and mega-cap tech earnings

Stocks extended their rebound on Tuesday as investors shifted attention away from interest rate cuts to mega-cap ear.....»»

Category: worldSource: nytApr 23rd, 2024

Live updates: Tesla misses profit and revenue estimates, but shares rally

Tesla will report quarterly earnings today, April 23, after market close. The analyst call comes amid the stock price's decline and announced layoffs. JADE GAO/AFP via Getty Images; Chelsea Jia Feng; BITesla reported first-quarter .....»»

Category: worldSource: nytApr 23rd, 2024

Stock market today: Indexes stage rallies ahead of mega-cap earnings

Tesla will report earnings after the closing bell on Tuesday, followed midweek by Meta. The market broke a six-day losing streak on Monday. Tesla will report earnings for the first three months of 2024 after the close on Tuesday.Just.....»»

Category: dealsSource: nytApr 22nd, 2024

Stock market today: Stocks slide for 5th session as Fed officials cast more doubt on rate cuts

The S&P 500 hit its worst losing streak since last October as investors recalibrate amid forecasts for interest rates to remain high. Traders work on the floor.....»»

Category: smallbizSource: nytApr 18th, 2024

Tesla Stock Punished As Earnings Season Heats Up

Tesla (Nasdaq: TSLA) stock is off to a bumpy start in 2024, and it’s still early in the year. On Monday, CE.....»»

Category: smallbizSource: nytApr 16th, 2024

Stock market today: US futures tread water as Wall Street remains cautious

Investors appear cautious amid unease over Middle East tensions, expected delays to interest rate cuts, and bank earnings. Fed chair Jerome Powell.Aaron Schwartz/Getty Images US futures were flat ahea.....»»

Category: worldSource: nytApr 16th, 2024