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Tesla Stock Tanked After Elon Musk Said He"d Lay Off Thousands

CEO saud he’s letting several thousand employees go as the electric-car maker struggles to make its Model 3 more affordable......»»

Category: topSource: barronsJan 19th, 2019

Elon Musk"s wealth has crashed by over $160 billion from its peak as Tesla"s problems pile up

Tesla stock has tanked by more than 60% since late 2021, slashing Elon Musk's fortune from $340 billion at its peak to below $180 billion. Elon Musk is CEO of Tesla.Brendan Smialowski/AFP/Getty ImagesTesl.....»»

Category: topSource: businessinsiderApr 18th, 2024

Tesla"s Stock Is Falling Apart

Tesla bulls wish the stock was at Elon Musk's favorite dollar amount: $420. Shares of the electric car maker have tanked 6.2%........»»

Category: topSource: moneycentralAug 30th, 2018

Elon Musk Reacts After Nvidia Stock Plunges 10% And Erases $212B Market Cap: "Rookie Numbers"

Tesla Inc. CEO Elon Musk ridiculed the 10% fall in Nvidia Corp.'s stock and its subsequent $211 billion market capitalization loss on Friday. read more.....»»

Category: blogSource: benzinga3 hr. 6 min. ago

Elon Musk"s pay-deal vote is the ultimate "meme stock" test for Tesla, investor says

The vote on the Tesla CEO's comp package will be an indicator of how central he is to Tesla's ongoing success, investor Roger McNamee told CNBC. Elon Musk's Tesla is placing ads on X, the former Twitter.LEON NEAL/Gett.....»»

Category: smallbizSource: nytApr 17th, 2024

"Knives Are Really Out for Musk": Jim Cramer Feels Wall Street Is Losing Confidence In Tesla"s CEO, Lauds Warren Buffett"s "Truly Magnificent" Berkshire

Renowned financial analyst from CNBC, Jim Cramer, has voiced that Wall Street's trust in Elon Musk, the CEO of Tesla, is dwindling due to the company's falling stock price. read more.....»»

Category: blogSource: benzingaApr 11th, 2024

"Big Short" investor Michael Burry reveals his bet against Tesla stock - and discloses an unexpected SPAC stake

Burry's Scion Asset Management held bearish put options on over 800,000 shares of Elon Musk's company at the end of March. Michael Burry. Getty Images/.....»»

Category: dealsSource: nytMay 17th, 2021

Elon Musk"s change of course on bitcoin is a threat to Tesla stock, Wedbush says

Dan Ives of Wedbush said the move was a "shocker, and added that this could increase volatility for Tesla. Tesla CEO Elon Musk Britta Pedersen / POOL / AFP via Getty Images Dan .....»»

Category: dealsSource: nytMay 14th, 2021

Why Is Marathon Digital"s Stock Trading Lower Today?

Marathon Digital Holdings Inc (NASDAQ: MARA) is trading lower Thursday morning as Tesla Inc (NASDAQ: TSLA) CEO Elon Musk continues to criticize the increasing energy usage of Bitcoin (CRYPTO:B read more.....»»

Category: blogSource: benzingaMay 13th, 2021

: Tesla stock and bitcoin drop after Elon Musk says car sales with crypto will be halted due to energy usage of mining

Tesla Inc. will halt sales of cars using bitcoin due to the effects on the environment mining the cryptocurrency can have, Chief Executive Elon Musk said Wednesday, and prices of Tesla shares and the cryptocurrency dropped immediately after......»»

Category: topSource: marketwatchMay 12th, 2021

Investors are using a new platform to bid thousands on NFTs of Elon Musk"s tweets. We spoke to its CEO about the Tesla"s founder cult-like following - and where the market goes from here.

The CEO and co-founder of Cent, whose Valuables platform sold Jack Dorsey's fi.....»»

Category: topSource: businessinsiderMay 1st, 2021

Elon Musk Unlocks $11B In Stock Option Awards As Tesla Q1 Report Meets Targets

Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk has qualified for two options payouts, worth a combined $11 billion, after the automaker’s quarterly results hit targets, Reuters rep read more.....»»

Category: blogSource: benzingaApr 27th, 2021

Tesla stock up 0.2% premarket, after CEO Elon Musk named "SNL" host on May 8

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchApr 26th, 2021

Most CEOs at S&P 500 companies got paid $13 million or more in 2020, thanks to median pay climbing 15% on stock rises and bonuses

Median pay for CEOs of more than 300 US top public companies climbed to $13.7 million in 2020, rising from $12.8 million in 2019. Tesla CEO Elon Musk. Win McNamee/Getty Im.....»»

Category: smallbizSource: nytApr 16th, 2021

Elon Musk"s Brother Kimbal Made $7M In Tesla Trades This Month

Tesla Inc. (NASDAQ: TSLA) board member and CEO Elon Musk’s younger brother Kimbal Musk made more than $7 million from trading in Tesla stock this month. read more.....»»

Category: blogSource: benzingaApr 7th, 2021

Elon Musk illegally "threatened" to retaliate against workers and Tesla repeatedly violated labor laws, NLRB says

The NLRB said Tesla must make Musk remove a tweet where he said employees would lose stock options if they unionized. Yasin Ozturk/Anadolu Agency via Getty Images .....»»

Category: smallbizSource: nytMar 25th, 2021

Why Tesla Accepting Bitcoin Is "Seminal Moment" For EV Stock, Crypto World

Tesla, Inc.'s (NASDAQ: TSLA) CEO Elon Musk announced Wednesday in a tweet that the EV maker has begun accept .....»»

Category: blogSource: benzingaMar 24th, 2021

Elon Musk Adds $25B To Wealth In A Single Day With Tesla Stock Reversal

Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk added $25 billion to his fortune in just one day, enabling him to close the gap with the world’s richest person and Amazon.com Inc. (NASDAQ: AMZN) CEO Jeff Bezos, according read more.....»»

Category: blogSource: benzingaMar 10th, 2021

Tesla Gained Market Share In China Last Month

Tesla stock popped after it was reported that the company took market share in China from domestic automakers. It marks a significant reversal after Tesla lost a quarter-trillion in market capitalization and CEO Elon Musk lost $27 billion due.....»»

Category: blogSource: valuewalkMar 9th, 2021

Elon Musk lost $27 billion in a rough week for the electric vehicle sector

Tesla's stock price - and many of its competitors - struggled last week following impressive gains at the beginning of 2020. Elon Musk. Britta Pedersen-Pool/Getty Images Elon Musk is no longer the world's ri.....»»

Category: smallbizSource: nytMar 7th, 2021

Elon Musk Says There"s A Reason Why Only 2 US Carmakers Have Avoided Bankruptcy Out Of Thousands

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk said Thursday that his electric vehicle firm and Ford Motor Company (NYSE: F) were the only American carmakers not to have gone bankrupt out of the thousands of startups operating in th read more.....»»

Category: blogSource: benzingaMar 5th, 2021