After Firing Entire Supercharger Team, Elon Musk Reverses Course and Says He'll Be Spending $500 Million on Growing the Charging Network [Yahoo! Finance]
Tesla, Inc. (TSLA)
Last tesla, inc. earnings: 4/29 04:11 pm
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Source: Yahoo! Finance
Musk has reversed course, claiming the company is still committed to spending "well over" half a billion dollars to grow its flagship network of Superchargers. "That's just on new sites and expansions, not counting operations costs, which are much higher," he added. (He'd earlier said Tesla "still plans to grow the Supercharger network, just at a slower pace for new locations.") As expected, Musk didn't go into detail about his considerable change in tune. The mercurial CEO got major flack — including from some of his most ardent supporters — for tanking a facet of the company that greatly sets it apart from its competitors in the US. And should we really take him by his latest word? The company is in crisis mode and Musk is seemingly keen on controlling the narrative to reassure spooked investors. Damage Incorporated The EV maker's operations were thrown into chaos last month, with numerous key executives leaving the company following several rounds of mass layoffs The co
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News
- Elon Musk sees another big advisory firm come out against his multibillion-dollar pay package [Los Angeles Times (CA)]Los Angeles Times
- Tesla shareholder sues Musk for alleged $7.5-billion insider trading [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Tesla shareholder sues Musk for alleged $7.5 billion insider trading [Yahoo! Finance Canada]Yahoo! Finance Canada
- Tesla shareholder sues Musk for alleged $7.5 billion insider trading [Yahoo! Finance]Yahoo! Finance
- Nvidia Rolls On [Yahoo! Finance]Yahoo! Finance
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- 4/23/24 - Beat
TSLA
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- 5/31/24 - Form DEFA14A
- 5/31/24 - Form SD
- 5/31/24 - Form PX14A6G
- TSLA's page on the SEC website