Tesla opens a new quarter with another round of sales staff cuts
Tesla Inc. followed a disappointing deliveries report by cutting another swath of sales staff across the country, as the electric-car maker continues to pare back personnel and shift its ordering process online......»»
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 .....»»
Tesla will soar 51% as huge first-quarter sales signal looming "green tidal wave," Wedbush says
Dan Ives said in a note that Congress might increase the electric-vehicle tax credit to $10,000 from $7,500 to "catalyze EV consumer demand." Tesla vehicles. Xinhua/Ding Ting via Getty Images Tesla.....»»
Tesla’s first-quarter sales of 185K more than double last year’s numbers
Tesla says it delivered nearly 185,000 electric ve.....»»
Tesla is slowly losing its electric vehicle crown as Ford"s Mustang Mach-E cuts into sales
Ford's new Mustang Mach-E accounted for nearly all of Tesla's market share losses, Morgan Stanley said, .....»»
Tesla sheds $66 billion in market value after 4th-quarter earnings fall short of forecasts
Elon Musk's electric-vehicle company grew sales by .....»»
Tesla stock slumps 8% after 4th-quarter earnings fall short of forecasts
Elon Musk's electric-vehicle company grew sales by 46% year-on-year to $10.7 billion, but earnings per share were below Wall Street's expectations. Tesla CEO Elon Musk. Susan Walsh/AP Tesla stock dropped as much as 8.....»»
Earnings Results: Tesla stock falls after company reports first profit miss in more than a year
Tesla Inc. reported a sixth-straight quarter of profit and a sales beat late Wednesday, but earnings came in below Wall Street expectations and the stock fell as much as 7% in after-hours trading......»»
Earnings Results: Tesla stock falls after reporting its first profit miss in more than a year
Tesla Inc. reported a sixth-straight quarter of profit and a sales beat late Wednesday, but earnings came in below Wall Street expectations and the stock fell as much as 7% in after-hours trading......»»
Earnings Outlook: Tesla’s 2021 sales goals is focus for car maker’s fourth-quarter earnings
Tesla Inc. is expected to report fourth-quarter earnings on Wednesday after the bell, with Wall Street zeroing in on the Silicon Valley car maker's sales guidance for 2021......»»
Tesla Offers 1 Year Of Free Supercharging To Bolster Year-End Deliveries: Report
Tesla Inc (NASDAQ: TSLA) is offering a year of free supercharging in order to bolster sales as it pushes to achieve a record quarter in terms of deliveries, Electrek read more.....»»
Tesla Analysts Break Down Free Cash Flow, Fremont Shutdown, 2020 Expectations After Q1 Print
Despite the chaos in the world around Tesla Inc (NASDAQ: TSLA), the automaker reported a strong first quarter Wednesday, with sales of $5.985 billion exceeding a $5.9-billion Street forecast and a bottom l Latest Ratings f.....»»
Will Tesla Post a Record Q1?
Tesla is scheduled to release its most recent quarterly results after the markets close on Wednesday. Will record sales turn into a record quarter?.....»»
Harley-Davidson cuts dividend, halts buybacks to preserve cash
Harley-Davidson Inc cut its quarterly dividend to just 2 cents and suspended share buybacks on Tuesday to boost its cash reserves as global lockdowns due to the coronavirus pandemic hit motorcycles sales in the first quarter......»»
Safety sells for 3M, but not Post-Its, so the company plans cost cuts
3M Co. posted better-than-expected sales and earnings for the first quarter, helped by a boost in sales of safety equipment, cleaning supplies and filters during the Covid-19 pandemic. But sales in other areas dropped, and the manufacturer said it .....»»
Merck profit rises, cuts 2020 forecast over COVID-19 uncertainty
Merck & Co Inc on Tuesday posted a 10.4% rise in first-quarter profit, helped by strong sales of cancer therapy Keytruda, but the drugmaker lowered its 2020 profit forecast due to uncertainty from the COVID-19 pandemic......»»
GoPro to cut 20% of workforce as Q1 sales tank
San Mateo-based action camera maker GoPro Inc. said Thursday morning that it was laying off more than 20 percent of its workforce, or about 200 employees, as it revealed that first-quarter sales had tanked. The company said the job cuts, reduced offic.....»»
GoPro to cut 20% of staff, says first-quarter sales came in lower than guidance
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......»»
Best Buy furloughs 51,000 retail staff, cuts corporate salaries
Best Buy Co. Inc. is furloughing 51,000 retail employees, amounting to nearly all of its part-time store employees beginning Saturday, the company announced Wednesday. The Richfield, Minn.-based company's year-over-year sales plummeted by 30% beginnin.....»»
RealReal cuts 25 percent of staff, warns of 1Q loss
The RealReal, the San Francisco luxury consignment brand, is laying off or furloughing about one quarter of its employees and anticipates a first quarter loss, the company disclosed Tuesday. The company permanently reduced employee headcount by a.....»»
WeWork boss tells staff to prepare for lay-offs
WeWork has already shed thousands from its payroll as it seeks to contain its expenses, including 2,400 people it laid off last year. Now it's gearing up to finalize another big round of job cuts by the end of next month......»»