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Elon Musk says in email to employees that new cost-cutting measures are the ‘only way for Tesla to become financially sustainable’
Shares of the company fell to their lowest level since January 2017 on Friday morning after Musk promised new, "hardcore" financial discipline.
JPMorgan cuts its Tesla expectations after the company announced a $2.4 billion funding round — but says there’s one big plus to the offer...
Tesla is using some of its fresh cash for anti-dilutive hedging transactions that should help "put a floor under the stock," JPMorgan told clients.
Shares fell more than 5% on Friday to close out a tough week for Elon Musk's electric-car company.
Tesla was down 0.54% early Monday after the company hit the brakes on its plan to shutter its stores.
A Chinese news agency reported Tuesday that officials in Shanghai had blocked the import of 1,600 Model 3 cars.
Tesla is ‘out of bullets’ and will plunge below $100 this year, former hedge-fund manager Whitney Tilson says
Tesla will tank to below $100 by the end of this year, the former hedge fund manager Whitney Tilson said.
The guidance comes the same afternoon as Tesla said the $35,000 version of its Model 3 was finally available for preorder.
Tesla fell 3.14% to $289.40 a share early Tuesday after the SEC said CEO Elon Musk violated the terms of his agreement with the agency.
T. Rowe Price, formerly Tesla's largest institutional shareholder, cut its stake in half in the fourth quarter, according to a filing on Monday.
Tesla will see its 2019 free cash flow to be negative and will need to raise $2.5 billion equity capital in the third quarter, Morgan Stanley said.