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7.0848487930939E-06 -0.000778689290091749 -0.000971912438997888 -0.00454654069376136 0.00159344690131256 0.00488918974448808 0.00596801899254725 -0.00148717416941432
Stock impact report

Wall Street wants answers from Elon Musk on Tesla's Model 2 car [Reuters]

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: Reuters
April 17 (Reuters) - Elon Musk has kept investors hanging since he issued cryptic social posts following an exclusive April 5 Reuters report that Tesla had scrapped its plans for a $25,000 “Model 2” electric vehicle. “Reuters is lying,” Musk wrote in one post that day, without identifying any inaccuracies. Nearly two weeks later, with no concrete updates from Musk, Tesla investors are restless. Some are demanding clear answers on the Model 2, along with Musk's plans for arresting a sales slide amid falling electric-vehicle demand globally and rising competition from cheap Chinese EVs. Tesla's move to lay off more than 10% of its global workforce and a handful of senior executives, made public Monday, added to shareholder jitters. “The street wants and NEEDS answers” when Tesla (TSLA.O) New Tab , opens new tab holds an earnings call scheduled for April 23, wrote analysts for Wedbush Securities after the layoffs were revealed. They cited a months-long “horror show” of bad Tes Show less Read more
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