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

Hoid

Hall of Fame Member
Oct 15, 2017
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who would buy this stock?

best to wait for it to come back to earth
 

petros

The Central Scrutinizer
Nov 21, 2008
117,187
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Low Earth Orbit
It's a fad without any assurance of a sustainable return.

Tesla is still a venture stock. Hoid doesnt understand the markets.
 

Gilgamesh

Council Member
Nov 15, 2014
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But but but...


Tesla Inc. will cut its full-time employee headcount by 7 per cent, with Chief Executive Officer
Elon Musk saying "the road ahead is very difficult to make electric cars affordable for the mass market."

The shares fell 7.6 per cent in pre-market trading after the Palo Alto, California-based company said it managed to eke out a profit in the fourth quarter — though a narrower one than the hard-won third-quarter profit it reported in October, according to a blog post on Friday.

Tesla is under pressure to limit spending as it emerges from what Musk called the “most challenging” year in its history.


BY BLOOMBERG NEWS
ORIGINALLY PUBLISHED: JAN 18, 2019

https://business.financialpost.com/...jobs-to-lower-model-3-costs-shares-tumble/amp
How out of date can you get? Tesla is both booming and hiring.
 

Hoid

Hall of Fame Member
Oct 15, 2017
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I don't think there is a Tesla comparison out there.

Apple would be the closest I guess.
 

Hoid

Hall of Fame Member
Oct 15, 2017
20,408
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Earlier you wanted to compare a tesla to a semi

so it makes sense you would compare their stock listing to a penny stock on the most minor of exchanges.
 
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