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Elon Musk, the founder of SpaceX, speaks during a press conference.

Tesla has surged more than 20% since Elon Musk warned of the ‘short burn of the century’

“Oh and uh short burn of the century comin soon,” Musk tweeted on May 4 following a conference call that one analyst said was the most bizarre thing he had witnessed in decades. “Flamethrowers should arrive just in time.”

Tesla added twice as many employees in 2018 as it now plans to cut

Tesla CEO Elon Musk insisted that the company wasn't in need of additional cash, but the layoffs show that the company is at least becoming more frugal with its spending.

Elon Musk bought $25 million worth of Tesla stock just a day after laying off 9% of Tesla employees

Elon Musk might have made his $25 million Tesla stock buy to convince employees and analysts that he's still all in on the company and the production of the Model 3 electric vehicle.
Tesla CEO Elon Musk is under growing pressure to have his company meet its production targets and turn a profit.

Tesla’s decision to cut 9% of its workforce is a sign the company’s cash crunch is getting real

Tesla is cutting 9% of its workers in a restructuring intended to help it cut its losses and ease its path to profitability. But there could be more cutbacks to come if it can't meet its Model 3 production targets.

One of Tesla’s biggest bulls just raised his price target again

Only two firms, New Street Research and Berenberg, have higher price targets, according to Bloomberg.

Investors betting against Tesla lost $1.1 billion after Elon Musk says Model 3 production on track

Tesla's stock price spiked 9.74% on Wednesday, generatingl $1.1 billion in mark-to-market losses for short sellers, according to data from S3 Partners, a firm that tracks short interest.

Tesla surges after Elon Musk says it should meet its Model 3 production goal this month

On stage at Tesla's annual meeting, a visibly emotional Elon Musk, founder and CEO of the electric carmaker, said the company will likely reach its goal of producing 5,000 Model 3 sedan’s “by the end of this month.”
Not a fan of China trade duties.

Tesla close to hitting a key Model 3 production goal — but Elon Musk says the the process has been ‘hellish’

Tesla's Elon Musk has said the company needs to be making 5,000 Model 3 vehicles a week before it can start generating profits. The company is finally nearing that target, he said Tuesday.

Tesla is sliding ahead of its annual meeting

Among the proposals to be considered by investors will be the re-election of three Tesla board members, including CEO Elon Musk's brother, Kimball, which have seen opposition in recent months.

Investors have $11 billion riding against Tesla as its annual meeting kicks off

Stockholders will be voting to re-elect three prominent members of Tesla's board of directors at the meeting, all of which have come under fire from major investor groups.