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Tesla shares plummet after Elon Musk promises ‘hardcore’ cost-cutting
Shares of Palo Alto-based Tesla plunged 7.5 percent today to a new two-year low, after CEO Elon Musk promised employees that the company would undergo “hardcore†cost-cutting measures to stay solvent. Shares closed at $211.03, a price it hasnâ.....»»
WeWork tells employees meat is permanently off the company menu
Co-working giant WeWork Cos. thinks it can save the environment quicker than Elon Musk. The startup has told its 6,000 global staff that they will no longer be able to expense meals including meat,... To view the full story, click the title link......»»
Elon Musk"s latest Twitter antics have Tesla hurtling into uncharted territory — and could have legal ramifications for the CEO
Bill Pugliano / Stringer / Getty Images Elon Musk sent Tesla share soaring on Tuesday after tweeting that he was considering taking the company private in a $420-per-share deal, and had "fun.....»»
Doubts mount over plans to take Tesla private
Tesla shares continue to drop following CEO Elon Musk's Twitter storm about taking the company public. Skeptics are asking how he would structure the deal and where he would get the money......»»
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.....»»
The full list of major US companies slashing staff this year, from Tesla to Google and Apple
Companies have continued to cut jobs in 2024 after a wave of layoffs last year. Amazon, IBM, Google, UPS and Tesla are among those shedding staff. Elon Musk informed Tesla employees that the company would be making cuts overni.....»»
"There Is Nothing I Hate More," Elon Musk Tells Employees As Tesla Said To Be Laying Off Over 14,000 Workers To Slash Costs (UPDATED)
This news also follows Tesla's report of an 8.5% year-on-year decline in first-quarter vehicle deliveries, totaling 386,810 vehicles globally. read more.....»»
Elon Musk"s India Visit, Tesla"s FSD Subscription Price Slashed By 50%, Nikola Plunges Amid Proxy Filing And More: Biggest EV Stories Of The Week
As Tesla's fundamentals get murkier, the company is now focusing on its FSD, which is expected to fetch a recurring, high-margin revenue stream. read more.....»»
"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.....»»
Ford Unveils F-150 Lightning Priced Below $40,000, Elon Musk Congratulates Company For "Embracing An Electric Future"
Ford Motor Co (NYSE: F) on Wednesday launched the F-150 Lightning, the electric version of its most profitable and popular pickup truck, at a ticket price of $39,974 onwards for the base model and a range of 230 miles. read more.....»»
Bitcoin tumbles after Musk implies Tesla may sell cryptocurrency
Elon Musk continued to whipsaw the price of bitcoin, briefly sending it to the lowest since February after implying in a Twitter exchange Sunday that Tesla Inc. may.....»»
Cryptos: Elon Musk tweets about dogecoin, and price immediately jumps
A day after revealing that Tesla Inc. would stop accepting bitcoin as payment for its cars, Tesla Chief Executive Elon Musk suggested Thursday that another cryptocurrency, dogecoin, could be turned into a suitable replacement......»»
Elon Musk tweets, deletes brag that Tesla will be biggest company ‘in a few months’
The chief executive’s Twitter posts have been the subject of SEC and shareholder scrutiny before......»»
SpaceX has nearly 10,000 employees as it ramps up its Starlink rollout, court documents show
Elon Musk says his company SpaceX is the largest satellite operator in the world. It has grown its workforce significantly over the pas.....»»
The Margin: #LaserEyes meme campaign goes viral on Twitter in apparent bid to double bitcoin price to $100,000
Viral trend to boost bitcoin enjoys backing from the likes of Elon Musk and Tyler Winklevoss......»»
Record Moves: Bitcoin Jumps To $57,000, Ethereum Crosses $2,000 As Elon Musk Calls Prices "High"
Bitcoin: The price of Bitcoin (BTC) has surged to a record $57,181, at the time of writing. read more.....»»
Dogecoin"s price jumped as high as 35% after Elon Musk tweeted "Dogecoin to the Moooonn" in a Twitter poll on the future of crypto
Tesla CEO Elon Musk appeared to drive the price of Dogecoin by as much as 35% higher after he asked followers about the future of crypto Elon Musk. Joe Raedle/Getty Images Dogecoin jumped as much as 3.....»»
Elon Musk tells his 44.8 million Twitter followers he"s stepping away from the platform "for a while"
Bitcoin, Gamestop, Etsy, a Japanese video game maker and the wrong Clubhouse have all s.....»»
Etsy jumps 10% after Elon Musk tweets about how he "kinda loves" the online marketplace for independent creators
Although Musk didn't comment on Etsy's financial prospects, its stock soared within minutes of his tweet. Mike Segar/Reuters Etsy jumped as much as 10% on Tuesday after Elon Musk, the world's wealthiest person, touted the company on Twi.....»»
Baja 1000 winner challenges Elon Musk to take Cybertruck off-road racing, says it "wouldn"t have a chance"
Scuderia Cameron Glickenhaus, a boutique car maker and racing company, challenged Musk on Twitter to put his money where his mouth is. Tesla Cybertruck. Tesla Jim Glickenhaus, founder.....»»