Elon Musk’s Tesla (TSLA) is Leading Pre-Market Losers; Here’s Why

Tesla’s stock (NASDAQ: TSLA) is leading the pack of pre-market losers in Thursday’s trading session. Ahead of the opening bell, the electric carmaker’s stock is down nearly 5%. After closing Wednesday at $243.13 per share, the stock of the Model 3 maker is now trading below the $232 level after falling by 4.79%. This comes … Read more

Tesla Model 3 Suffers in US-China Trade War as MAGA Takes Over

By CCN.com: The core computer of Tesla’s Chinese-made Model 3, known as the ‘Brain’, was rejected for exclusion from Donald Trump’s 25% tariffs. Tesla had applied for exclusion from the surcharge placed on Chinese-made goods but was rejected. The product was deemed too important to China in the trade war. Tesla Wins No Favors in … Read more

Deliver Cars or Die Trying: Elon Musk Once Again Pushes Tesla to the Brink

It’s all hands on deck at Tesla as the electric car-maker is scrambling to meet its delivery numbers. Producing the Model 3 (the company’s more affordable, “mass-produced” car) has put the company through, as Elon Musk has said, “Production Hell,” and they are now in “Logistics Hell.” What does this mean? Essentially, Tesla couldn’t make … Read more

Elon Musk Admits the $35,000 Tesla Model 3 Will Come at a Cost – More Layoffs

Tesla’s long-promised $35,000 Model 3 is finally here – along with bad news for the firm’s sales and marketing staff, according to the carmaker’s CEO Elon Musk.

In an email that Musk sent to employees, the Tesla chief disclosed the company’s decision to move all sales online. Consequently, the electric carmaker will shutter many brick and mortar stores making some employees redundant, CNBC reports. This was driven largely by consumer trends, according to Musk:

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