Jack Dorsey just halved the size of Block's employee base — and he says your company is next [Yahoo! Finance]
Tesla, Inc. (TSLA)
Last tesla, inc. earnings: 4/29 04:11 pm
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Source: Yahoo! Finance
Twitter's transparency and accountability, on Capitol Hill, September 5, 2018 in Washington, DC. Earlier in the day, Dorsey faced questions from the Senate Intelligence Committee about how foreign operatives use their platforms in attempts to influence and manipulate public opinion. (Photo by Drew Angerer/Getty Images) | Image Credits:Drew Angerer / Getty Images Jack Dorsey has long been an open admirer of Elon Musk. Now, it seems, he may have been taking notes. On Thursday, Dorsey announced that Block, the payments company he founded that operates Square, Cash App, and Tidal, is cutting more than 4,000 employees, nearly half its global workforce, taking it from over 10,000 workers down to just under 6,000. Investors responded enthusiastically, sending the stock up more than 24% in after-hours trading. It isn't the first time a major tech company has done something of the sort. In November 2022, Musk slashed roughly 50% of Twitter's staff in a single stroke after taking the comp
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TSLA
News
- New report shows Chinese automaker outperforming Tesla in major market: 'These kind of numbers will only get more prevalent' [Yahoo! Finance]Yahoo! Finance
- Tesla Stock Forecast: Is TSLA Headed to $25 Or $600 in 2026? [Yahoo! Finance]Yahoo! Finance
- Hillary Clinton suggests the House Oversight Committee should subpoena Elon Musk in combative opening statement [Business Insider]Business Insider
- Tesla Cybercab boss departs as vehicle's launch looms, sales slide continues [Yahoo! Finance]Yahoo! Finance
- Electric Vehicle maker to lay off more than 300 employees [Los Angeles Times (CA)]Los Angeles Times
TSLA
Earnings
- 1/28/26 - Beat
TSLA
Sec Filings
- 2/25/26 - Form 144
- 1/29/26 - Form 10-K
- 1/28/26 - Form 8-K
- TSLA's page on the SEC website