Tesla to cut thousands of jobs as Elon Musk warns the ‘road ahead is very difficult’

taxslave

Hall of Fame Member
Nov 25, 2008
36,362
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Vancouver Island
Would rather have bought it when it first came out and sell it right now for massive gains
But I don't have your mind for business
I would have liked to buy apple shares when they were under $10. But at that time it was a toss up between buying food or propane to cook it on.
 

petros

The Central Scrutinizer
Nov 21, 2008
109,568
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Low Earth Orbit
As a volatile stock, Tesla (TSLA) has taken a strong hit in this market correction triggered by the coronavirus crisis. Now the stock tumbles even further, below $400 a share, as the automaker is forced to shut down their Fremont factory
 

Twin_Moose

Hall of Fame Member
Apr 17, 2017
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One up on Tesla Lol
NASA has developed an experimental fully electric plane with 14 motors on its wings. Take a closer look at the X-57 Maxwell.
NASA has created the X-57 Maxwell, a fully-electric experimental aircraft with 14 motors on its wing.
The aircraft is powered by two 400-pound lithium-ion battery packs in the cabin that contain 23 kilowatt hours of power.
NASA has published its research, procedures, designs, and technology from the X-57 development project online for different industry developers - such as urban air mobility designers - to use.
The aircraft is being used for technology research and won't be available for commercial use.
The X-57's first test flight will occur later this year on an unannounced date.
Visit Business Insider's homepage for more stories.
NASA has created the X-57 Maxwell, a fully-electric experimental aircraft with 14 motors, all on its wing.
The Maxwell falls under NASA's X-plane "experimental planes" category and is the first piloted X-plane in 20 years. NASA's principal investigator Sean Clarke told Business Insider that this two-decade gap is because several X-plane aircraft that NASA has developed over the last 10 to 20 years have been autonomous.
The decision to put a pilot in the Maxwell came because NASA's test pilots are "high performance and [NASA gets] so much benefit from having them in the seat," Clarke said. Having pilots on the aircraft simplifies its design because the pilot can spot and diagnose issues while operating the aircraft.
However, NASA didn't build the X-57 body: an Italian Tecnam P2006T served as the starting point for the Maxwell. NASA then tested and outfitted - through multiple modification series - the P2006T with new batteries, instruments, smaller wings, and electric motors instead of the traditional double-piston engines.
The inspiration for the X-57's "Maxwell" nickname came from a 19th-century physicist who specialized in electromagnetism: James Clerk Maxwell.



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Avro52

Time Out
Mar 19, 2020
3,635
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What did you do today can con member? Pretended I knew something.

What did you do today Elon?
 

pgs

Hall of Fame Member
Nov 29, 2008
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About 10% of the total shares in th epublic float are in a short position.. Lookin' like TSLA is gonna crater massively again soon
There are enough green themed funds that hold Tesla trading there shares back and forth allows some stability .
 

Hoid

Hall of Fame Member
Oct 15, 2017
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When Tesla gets included in the major indexes - which it will - it will force all the institutions to buy.

One more reason TSLA is going up
 

captain morgan

Hall of Fame Member
Mar 28, 2009
28,429
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A Mouse Once Bit My Sister
There are enough green themed funds that hold Tesla trading there shares back and forth allows some stability .

Count on those funds slowly letting go of their equity position with each ebb/flow... The 'green' part of their fund is the greenback and takes precedence over the save-the-planet part of their business plan every time

When Tesla gets included in the major indexes - which it will - it will force all the institutions to buy.
One more reason TSLA is going up

Company has been around for more than 15 years and listed for the better part of that time... if they haven't been able to do it yet, it'll never happen

PS - China is cutting their EV subsidy this year.

.... Devastating news for Tesla