Tesla Isn't Going To Advertise Its Way Out Of This One [Yahoo! Finance]
Tesla, Inc. (TSLA)
Last tesla, inc. earnings: 4/29 04:11 pm
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Source: Yahoo! Finance
Here are the important stories you need to know. 1st Gear: Tesla Sacks Its Entire Marketing Team If you were asked to name the car maker that's having the worst week, would it take you more than a few seconds to shout out Tesla ? There's little competition right now, as the struggling automaker deals with bodged recalls bricked Cybertrucks and plummeting new car registration. Now, the automaker is facing layoffs, with Tesla cutting its entire marketing team after just a year on the job. After big boss Elon Musk announced last year that Tesla was going to “try a little advertising and see how it goes,” the company's entire growth content team in the U.S. has now been dismissed, reports Bloomberg . The move follows similar job cuts across Tesla's design team and its Californian facilities. As Bloomberg reports: In a post on X responding to Bloomberg's report, Musk wrote of the content team's work: “The ads were far too generic – could've been any car.” The cuts mark a pullback
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TSLA
News
- Elon Musk sues Indian battery company Tesla Power for trademark infringement [FOX Business Network]FOX Business Network
- Rule tweak allows Tesla, EV makers to maintain tax-credit marketing push in car sales [Fortune]Fortune
- Have the wheels come off for Tesla? [Yahoo! Finance]Yahoo! Finance
- Tesla is pulling out all the stops to get Elon Musk his $47 billion pay package [Business Insider]Business Insider
- Tesla in Turmoil as Musk Makes Multiple Controversial Moves [Yahoo! Finance]Yahoo! Finance
TSLA
Earnings
- 4/23/24 - Beat
TSLA
Sec Filings
- 5/3/24 - Form DEFA14A
- 4/30/24 - Form PX14A6G
- 4/29/24 - Form DEFA14A
- TSLA's page on the SEC website