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Tesla is laying off more than 10% of its global workforce, as it grapples with falling sales and an intensifying price war for electric vehicles (EVs). Tesla stock declined for two consecutive trading days, closing at $157.11 on Tuesday, with its year-to-date loss extending to 37%.
"About every five years, we need to reorganize and streamline the company for the next phase of growth," CEO Elon M...
"About every five years, we need to reorganize and streamline the company for the next phase of growth," CEO Elon M...
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News Highlights
$Tesla(TSLA.US$ shares fell by 2.71%, closing at $157.11. Its options trading volume was 2.23 million. Call contracts account for 45.9% of the total trading volume. The most traded calls are contracts of $177.5 strike price that expire on Apr. 19th. The total volume reaches 62,398 with an open interest of 9,857. The most traded puts are contracts of a $170 strike price that ex...
$Tesla(TSLA.US$ shares fell by 2.71%, closing at $157.11. Its options trading volume was 2.23 million. Call contracts account for 45.9% of the total trading volume. The most traded calls are contracts of $177.5 strike price that expire on Apr. 19th. The total volume reaches 62,398 with an open interest of 9,857. The most traded puts are contracts of a $170 strike price that ex...
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Tesla is seeing the heaviest sell-off in $170 call options since at least October at a time when the electric vehicle giant is reportedly cutting more than one-tenth of its global workforce amid a slowdown in EV sales growth.
More than 75,800 call options giving the holder the right to buy Tesla shares at $170 each by the end of this week, according to data compiled by moomoo. Volume more than tripled from about 21,800 ...
More than 75,800 call options giving the holder the right to buy Tesla shares at $170 each by the end of this week, according to data compiled by moomoo. Volume more than tripled from about 21,800 ...
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$Tesla(TSLA.US$ $BYD COMPANY(01211.HK$ $NIO Inc(NIO.US$ $XPeng(XPEV.US$ This article reported Cathie Wood, CEO of Ark Invest latest interview with Morningstar (Valerio Baselli) on why she kept investing in Tesla even when the stock is downtrending.
Baselli: In your latest research paper, “Big Ideas 2024,” you listed your strongest convictions. Among them, you mentioned robotics, AI, bitcoin, and also electric vehicles. You anticipate that EV ...
Baselli: In your latest research paper, “Big Ideas 2024,” you listed your strongest convictions. Among them, you mentioned robotics, AI, bitcoin, and also electric vehicles. You anticipate that EV ...
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$NIO Inc (NIO.US)$ Look like an absolute blood bath incoming. TESLA is going all out. They are ready to work with significantly low margin, but they will make sure that 80% of China EV go bankrupt. At the end, there will be only a few big players like BYD, Xiaomi, and someone backed by Huawei. Companies like NiO and Xpeng don't stand a chance. Its no more about the quality of the product it about how much loss you can handle and how deep your pockets are. https://cnevpost.com/2024/04/21/tesla-cuts-prices-entire-lineup-in-china/
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$Tesla(TSLA.US$ Elon Musk has announced that Tesla will lay off over 10% of its global workforce due to overlaps in job roles and functions as the company has expanded rapidly, communicated through an internal memo. As of December 2023, Tesla had 140,473 employees.
Affected employees received emails in their personal accounts late Sunday night, informing them that they were no longer required to work and would be cut off from accessing Tesla’s systems...
Affected employees received emails in their personal accounts late Sunday night, informing them that they were no longer required to work and would be cut off from accessing Tesla’s systems...
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$Tesla(TSLA.US$ all it takes now is another bad outlook during the upcoming earnings and this is going to crash to 120.
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$Tesla(TSLA.US$
Is a good news: Cut price for EV and cut 10% workforce. But bad news for staffs
Is a good news: Cut price for EV and cut 10% workforce. But bad news for staffs
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1.EV sales are slumping
2.Senior executives leaving
3.Cybertruck has not been selling at all
4.Tesla slashing prices almost every week
5.Tesla laying off more than 10% workforce
6.Tesla slowing down disastrous Cybertruck
7.Tesla resale price plummeting
8.Hybrids make lot more sense and killing EVs
9.Most people don’t need the Fake FSD and not willing to pay for it. FSD sale’s plummeting.
10.Once BYD starts production in Mexico, it will get even harder for Tesla.
I can go...
2.Senior executives leaving
3.Cybertruck has not been selling at all
4.Tesla slashing prices almost every week
5.Tesla laying off more than 10% workforce
6.Tesla slowing down disastrous Cybertruck
7.Tesla resale price plummeting
8.Hybrids make lot more sense and killing EVs
9.Most people don’t need the Fake FSD and not willing to pay for it. FSD sale’s plummeting.
10.Once BYD starts production in Mexico, it will get even harder for Tesla.
I can go...
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MooMona : $120
151241481 : Q1 bad from sabotage at Berlin factory & genocide of Palestinians by Israel causing delay of ships from China & share price falling because Wall street unhappy with free speech on X & UAW, Jim Chanos & short selling sore losers manipulating TSLA price. The perfect storm by Musk haters?
168838 : They are all self-righteous analysts. Until now, they still haven't understood that electric cars are the inevitable future of automobiles
Pinkki_doll 168838: That's true, but now there are more and more electric cars, especially Chinese brands. Also, when people don't have money, they have trouble eating. No matter how much money you can buy a car, unless you keep holding on until interest rates are cut and the economy recovers, then it will wake up. Otherwise, why jump into the fire pit so early.
Driver FA : When leeks know that end-to-end autonomous driving is also artificial intelligence, the stock price will skyrocket. Of course, when Chives will know depends on when Wall Street analysts blow.
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