Tesla stock slides as Musk pushes deeper into robotaxis [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
Tesla ( TSLA ) stock slipped again on Tuesday, with shares now down nearly 9% since yesterday when the company announced a "more than 10%" staff reduction . This follows new revelations of deeper cuts to certain divisions in the company that point to a riskier bet by CEO Elon Musk on robotaxis and autonomous software. While Musk said in a memo that the “duplication of roles and job functions in certain areas” due to rapid growth necessitated the layoffs, later reports from Tesla sources suggested the cuts were well over 10% and hit certain divisions harder. Reuters reported “heavy layoffs” in Tesla's service center division, China sales team staff, and of at least 140 engineers in the US. EV blog Electrek reported that Tesla used the latest round of layoffs to dispatch several projects that Musk was no longer in favor of, including the lower-cost next-gen EV. Musk shut down a project known internally as “NV9,” which aimed to build a $25,000 next-gen EV — which some have dubbed
Show less
Read more
Impact Snapshot
Event Time:
TSLA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TSLA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TSLA alerts
High impacting Tesla, Inc. news events
Weekly update
A roundup of the hottest topics
TSLA
News
- Stock market today: S&P 500 little changed after Tesla's China gambit in big week for markets [Yahoo! Finance]Yahoo! Finance
- Tesla CEO Elon Musk makes surprise visit to China [Yahoo! Finance]Yahoo! Finance
- Foreign Entity Of Concern And Other Geographical Problems Remain For EVs [Forbes]Forbes
- Here's What's Happening in Markets: April 29 [Yahoo! Finance]Yahoo! Finance
- Stock market today: S&P 500 fades gains as bond yields rise [Yahoo! Finance]Yahoo! Finance
TSLA
Earnings
- 4/23/24 - Beat
TSLA
Sec Filings
- 4/29/24 - Form ARS
- 4/29/24 - Form DEFA14A
- 4/29/24 - Form DEF
- TSLA's page on the SEC website