Why one economist says Elon Musk has turned Tesla into a meme stock [Yahoo! Finance]
Tesla, Inc. (TSLA)
Last tesla, inc. earnings: 4/29 04:11 pm
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Source: Yahoo! Finance
Musk really wants Tesla to be a tech company, but it's an automaker, DeLong said. Tesla's market success relies on CEO Elon Musk's ability to keep promising, irrelevant of what the company actually delivers, UC Berkeley economist J. Bradford DeLong thinks. "From the standpoint of its suppliers, employees, and customers, it is a source of income and production," he said. "And from the standpoint of Wall Street speculators, it is a bouncing ball in a roulette wheel: a tech-bubble casino play." In an op-ed for Project Syndicate , DeLong noted that Musk used to cheerlead technologies Tesla could deliver on, such as battery developments or electric vehicle breakthroughs. But since Musk unlocked the entire worth of his pay package agreed with Tesla in 2018 — which vested when the firm reached a certain market capitalization threshold — he has instead started touting ideas that the company has yet to make good on, DeLong said. That includes full self-driving, humanoid robots, and an
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- An engineering giant behind Apple's HQ and the Sydney Opera House lost $25 million when scammers tricked an employee with a deepfake of a senior exec [Business Insider]Business Insider
- Will The EV Slowdown Benefit Ford Stock? [Forbes]Forbes
- Forget Tesla: I Think This Stock Should Replace It in the "Magnificent Seven" [Yahoo! Finance]Yahoo! Finance
- German council approves a revised plan by Tesla to expand its plant near Berlin [Financial Post (Toronto, Ontario, Canada)]Financial Post
- The longtime Chevy executive sat down with Business Insider at a Tuesday press event for the launch of two electric vehicles that underpin the automaker's future plans: the [Business Insider]Business Insider
TSLA
Earnings
- 4/23/24 - Beat
TSLA
Sec Filings
- 5/16/24 - Form DEFA14A
- 5/13/24 - Form DEFA14A
- 5/13/24 - Form PX14A6G
- TSLA's page on the SEC website