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

Hoid

Hall of Fame Member
Oct 15, 2017
20,408
4
36
$780 close on 46 million shares.

That's about $36 billion traded in one day?
 

taxslave

Hall of Fame Member
Nov 25, 2008
36,362
4,340
113
Vancouver Island
As a matter of fact it does. The speculators don't care abut the product, just the increase in share price. What happens when they all sell at once?
 

captain morgan

Hall of Fame Member
Mar 28, 2009
28,429
148
63
A Mouse Once Bit My Sister
 

petros

The Central Scrutinizer
Nov 21, 2008
117,183
14,242
113
Low Earth Orbit
Ford reports $1.7 billion quarterly loss, shares tumble
https://www.marketwatch.com/story/ford-reports-17-billion-quarterly-loss-2020-02-04
Operations not ‘nearly good enough,’ CEO says
You really need to read more than the headline.

The GAAP loss included a previously disclosed $2.2 billion charge related to pensions.

Adjusted for one-time items, Ford said it gained 12 cents a share, compared with 30 cents a share a year ago. Revenue fell 5% to $39.7 billion from $41.8 billion a year ago.
 

petros

The Central Scrutinizer
Nov 21, 2008
117,183
14,242
113
Low Earth Orbit
How we know that Tesla is a bubble that is going to pop

By Mark Hulbert
Published: Feb 4, 2020 1:05 pm ET

Harvard researchers’ model says probability of a crash in Tesla’s stock price is more than 80%