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Tesla discloses it spent $200,000 advertising on X [Yahoo! Finance]

Tesla, Inc. (TSLA)  More Company Research Source: Yahoo! Finance
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
The car company that famously shuns spending money on advertising spent $200,000 advertising on X through February of this year, it disclosed in an SEC filing this week. It's not clear when the spending started, because Tesla doesn't break out any spending in 2023, as it does in other listings of what are called “related person transactions” in the filing. So it's possible that all $200,000 was spent in just the first two months of this year. X, formerly known as Twitter, has been hemorrhaging advertisers, its primary source of revenue, since Musk bought the platform in 2022. Sometimes advertisers have pulled out due to concerns about being associated with Musk's controversial comments , such as his retweet of a tweet in November that said Jewish communities push “hatred against Whites.” To which Musk commented in his retweet “You have said the actual truth.” While Musk later apologized for his tweet, calling it his “dumbest” ever social media post, he took shots at advertise [Read more]

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Tesla discloses it spent $200,000 advertising on X [Yahoo! Finance]

Tesla, Inc.  (TSLA) 
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
The car company that famously shuns spending money on advertising spent $200,000 advertising on X through February of this year, it disclosed in an SEC filing this week. It's not clear when the spending started, because Tesla doesn't break out any spending in 2023, as it does in other listings of what are called “related person transactions” in the filing. So it's possible that all $200,000 was spent in just the first two months of this year. X, formerly known as Twitter, has been hemorrhaging advertisers, its primary source of revenue, since Musk bought the platform in 2022. Sometimes advertisers have pulled out due to concerns about being associated with Musk's controversial comments , such as his retweet of a tweet in November that said Jewish communities push “hatred against Whites.” To which Musk commented in his retweet “You have said the actual truth.” While Musk later apologized for his tweet, calling it his “dumbest” ever social media post, he took shots at advertise [Read more]

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TSLA
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Price Change %
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%
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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
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MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


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%

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%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

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PERFORMANCE SINCE EVENT
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