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0 0.00168823860438948 -0.00431438754455073 -0.00555930719689873 -0.0113174513849809 -0.0015006565372351 0.00681548177327583 0.0105045957606453
Stock impact report

Tesla Is in Panic Mode After Earnings Call. Can Elon Fix It? [Yahoo! Finance]

Tesla, Inc. (TSLA) 
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Company Research Source: Yahoo! Finance
E lon Musk is fighting many battles right now: Against a Brazilian Supreme Court judge , the Australian Prime Minister Don Lemon OpenAI , and a nonprofit watchdog , to name a few. But Musk says that he's now spending the majority of his work time on one of his oldest ventures: Tesla. And Tesla badly needs help. The carmaker released its quarterly earnings report yesterday and revealed that its profits fell 55% and revenue fell 9%—figures even worse than many analysts had anticipated. The company announced its intentions to lay off more than 10% of its staff, or about 14,000 people, including major cuts in California and Texas. Musk soothed investors on Tuesday with some lofty promises about imminent Tesla products. He is now faced with enormous challenges: to remain a leader in a rapidly-crowding electric vehicle space, cut costs while rushing out new cars, all the while forging ahead with his dream of making Tesla an AI powerhouse. “They're still in a very dark place in this woo Show less Read more
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