Tesla shares tumble below US$150 per share, giving up all gains made over the past year [BNN Bloomberg (Canada)]
Tesla, Inc. (TSLA)
Last tesla, inc. earnings: 4/29 04:11 pm
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Source: BNN Bloomberg
Shares in the Elon Musk-owned company slid nearly 4 per cent in intraday trading Thursday, in what now stands as the third worst week for the stock in 2024, a year that has been dismal for Tesla investors. The Austin, Texas company's shares are down 12.4 per cent this week and more than 39 per cent this year. Shares of Tesla Inc. last traded at the $150 level in January 2023. It's also been a bad year for employees. Tesla said Monday that it was cutting 10 per cent of its staff globally, about 14,000 jobs. The next day, Tesla announced it would try to re-instate Musk's $56 billion pay package that was rejected by a Delaware judge in January, who said that the arrangement was dictated by Musk and was the product of sham negotiations with directors who were not independent of him. At the time of the Delaware court ruling, Musk's package was worth more than $55.8 billion, but the stock slide has cut that to $44.9 billion at the close of trading on Friday, according to a company fi
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TSLA
News
- Elon Musk's Hail Mary In China [Forbes]Forbes
- ARC Strengthens Leadership Team, Appoints Tesla Veteran Greg White President of Manufacturing Operations [Yahoo! Finance]Yahoo! Finance
- Tesla axes electric vehicle charging team [Yahoo! Finance]Yahoo! Finance
- AI Hardware Stocks Get Pummeled Even as Big Tech Keeps Spending [Yahoo! Finance]Yahoo! Finance
- Intuit's ‘head of employee listening' explains why more companies are getting serious about worker feedback [Fortune]Fortune
TSLA
Earnings
- 4/23/24 - Beat
TSLA
Sec Filings
- 4/30/24 - Form PX14A6G
- 4/29/24 - Form DEFA14A
- 4/29/24 - Form ARS
- TSLA's page on the SEC website