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Stockreport

Analysis-Tesla's restructuring hits executive bench hailed by Elon Musk [Yahoo! Finance Canada]

Tesla, Inc. (TSLA)  More Company Research Source: Yahoo! Finance Canada
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Texas with 16 executives who gave detailed presentations on the company's technology and growth plans, then lined up behind their boss in a show of solidarity. "We've obviously got significant bench strength here," Musk said at the time, responding to investor concerns that the world's most valuable automaker was too much a one-man show. Now, at least five members of that team are gone, a Reuters analysis shows. Tesla, Musk and the 16 executives on the stage last year could not be reached for comment. ADVERTISEMENT Musk in a recent email to senior managers outlined plans to lay off hundreds more employees, including two top executives, the Information reported. "Hopefully these actions are making it clear that we need to be absolutely hard core about headcount and cost reduction," Musk wrote in the email, the report said. Two senior executives who flanked Musk on investor day last year are gone: Zach Kirkhorn, former CFO, resigned with a nondisclosure agreement, according [Read more]
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Stockreport

Analysis-Tesla's restructuring hits executive bench hailed by Elon Musk [Yahoo! Finance Canada]

Tesla, Inc.  (TSLA) 
More Company Research Source: Yahoo! Finance Canada
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Texas with 16 executives who gave detailed presentations on the company's technology and growth plans, then lined up behind their boss in a show of solidarity. "We've obviously got significant bench strength here," Musk said at the time, responding to investor concerns that the world's most valuable automaker was too much a one-man show. Now, at least five members of that team are gone, a Reuters analysis shows. Tesla, Musk and the 16 executives on the stage last year could not be reached for comment. ADVERTISEMENT Musk in a recent email to senior managers outlined plans to lay off hundreds more employees, including two top executives, the Information reported. "Hopefully these actions are making it clear that we need to be absolutely hard core about headcount and cost reduction," Musk wrote in the email, the report said. Two senior executives who flanked Musk on investor day last year are gone: Zach Kirkhorn, former CFO, resigned with a nondisclosure agreement, according [Read more]
IMPACT SNAPSHOT
EVENT TIME:
TSLA
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS