Tesla woes mount on new China reports, EV probe [Yahoo! Finance]
Tesla, Inc. (TSLA)
Last tesla, inc. earnings: 4/29 04:11 pm
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Source: Yahoo! Finance
Tesla TSLA , which has shed more than $240 billion in market value this year, has been hammered by a slump in global EV demand, concerns about the impact of aggressive price cuts on profit margins, and reports of renewed regulatory pressure tied to its claims about its driver-assistance software. The stock reversed some of those declines late last month when Chief Executive Elon Musk won a key endorsement for the rollout of its driver-assistance technologies in China. However, the company has seen some of its issues resurface over the past week. Related: Single Best Trade: Wall Street veteran picks Palantir stock Bloomberg, in fact, reported on May 9 that Tesla is ramping up the pace of job cuts in China, its most important market, after the group disclosed a plan to reduce its global workforce by 10%, or around 14,000 jobs. Tesla's China challenges have intensified this year as domestic rivals like Nio NIO and BYD BYDDY continue to carve into its overall market share, and co
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TSLA
News
- Tesla staff left playing 'Squid Game' amid Elon Musk's ongoing layoffs [Business Insider]Business Insider
- Elon Musk still hasn't finished his 10% layoffs at Tesla and employees are ‘walking on eggshells every day': ‘It's hard to see the long game' [Fortune]Fortune
- Tesla to Make Job Cuts Through June, Leaving Workers in Limbo [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Tesla to Make Job Cuts Through June, Leaving Workers in Limbo [BNN Bloomberg (Canada)]BNN Bloomberg
- Current Climate: Election Puts $1 Trillion Of Clean Energy Funding At Risk [Forbes]Forbes
TSLA
Earnings
- 4/23/24 - Beat
TSLA
Sec Filings
- 5/17/24 - Form DEFA14A
- 5/16/24 - Form DEFA14A
- 5/13/24 - Form DEFA14A
- TSLA's page on the SEC website