US EditionWall Street looks for clues to Musk's plan to restore Tesla growth
- Tesla plans to reduce its workforce by 10% and saw the departure of key executive Andrew Baglino. Shareholders will be asked to reinstate a $56 billion pay package for Musk.
- Speculation surrounds Tesla's announcement regarding the robotaxi and potential production of the Model 2 in 2025 or 2026.
- Musk's pay package restoration request to shareholders follows a rejection by a Delaware court.
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San Antonio Express-News+14 Reposted by 14 other sources
Wall Street is looking to Tesla's earnings for clues to Musk's plan to restore company's wild growth
Faced with falling global sales and a tumbling stock price, Tesla has slashed prices again on some of its electric vehicles and its “Full Self Driving” system. It's an apparent effort to boost the company's earnings growth. But Wall Street was unimpressed and will be looking for other answers from CEO Elon Musk when Tesla releases first-quarter earnings Tuesday. For Musk, the answer appears to be the long-elusive robotaxi, which he has been tout…
·San Antonio, United States
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Wall Street is looking to Tesla's earnings for clues to Musk's plan to restore company's wild growth
Faced with falling global sales and a diving stock price , Tesla has slashed prices again on some of its electric vehicles and its “Full Self Driving” system in an apparent effort to boost the company's earnings growth.
·Orillia, Canada
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Total News Sources17
Leaning Left8Leaning Right0Center3Last UpdatedBias Distribution73% Left
Bias Distribution
- 73% of the sources lean Left
73% Left
L 73%
C 27%
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