Tesla stock has been falling since Thursday, when CEO Elon Musk said the company would be closing its stores in favor of an online-only sales model.
“We wouldn’t be against him having a different role,” James Anderson, head of global equities for Ballie Gifford, told Barron’s. “I don’t think he needs to be CEO.” iframe.twitter-tweet { width: 100% !important; } The new sales strategy came only days after the SEC said it was asking a federal judge to find Tesla’s CEO in contempt of court. The SEC action followed a recent round of Musk’s tweets where he seemed to mislead investors about Tesla’s 2019 production, before correcting himself a few hours later.
I think Elon provides a different kind of value to a company. He has somewhat of a cult following that's making the impossible possible. If Tesla has enough momentum- ok, but if not it might lose investors.
Elon is engineer he needs to invent new hightech I think the ceo function is to stressful after observing Elon his behaviour for two years
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The 'un-iPhone moment' — here's what analysts had to say about Tesla's new Model 3Analysts were unimpressed after Tesla CEO Elon Musk announced a cheaper Model 3 yesterday afternoon. Profits matter most, and how will they do it? I'm unimpressed with the Tesla analysts, frankly, all analysts. What are they doing that's so great? I’m unimpressed with his mouth lately! He needs to quit tweeting. He’s been given a pass for his supposed genius but not anymore!
Source: CNBC - 🏆 12. / 72 Read more »
Cramer: Elon Musk should be removed from Tesla as CEO for attacking the SECElon Musk should be removed from Tesla as CEO for his comments to the Securities and Exchange Commission, CNBC's Jim Cramer contended Tuesday. Musk goes after the SEC 'as if it's funny,' Cramer said on 'Squawk Box.' 'If this guy is going to attack the SEC, how about removing him? He attacked the SEC.' MadMoneyOnCNBC The SEC attacked him and he has a right to defend himself. MadMoneyOnCNBC didn't remove you after your bad calls on Bear Stearns 10 years ago. Yes jimcramer, we all remember. and now you're advocating the removal of a CEO for criticizing the SEC? get real. MadMoneyOnCNBC For once in his life permabull Cramer talking some sense
Source: CNBC - 🏆 12. / 72 Read more »
Meet Elon Tusk: Tesla chief changes Twitter display nameTesla Inc Chief Executive Officer Elon Musk changed his Twitter display name to ... Breaking news what's the elephant in the room? Another 'tusk 'n cheek' tweet ? ! Must be in a good mood about the news he will announce tomorrow? (sure hope it is significantly good).
Source: Reuters - 🏆 2. / 97 Read more »
Tesla under Elon Musk is virtually uninvestable, market watcher saysThe SEC's crackdown on Tesla has weighed heavily on its stock, and it looks like the pain could continue, Strategic Wealth Partners' Mark Tepper says. When you are the best in the world, these mighty men would like to destroy and buy your shares inexpensively! Does SEC thus protect investors? Crazy?
Source: CNBC - 🏆 12. / 72 Read more »
Elon Musk plans to announce some Tesla news on Thursday — here’s what Wall Street is expectingThe billionaire's spat with the SEC has created a buying opportunity, one analyst said. Tesla AI is running for President! Mmm something interesting sure
Source: BusinessInsider - 🏆 729. / 51 Read more »
Tesla stock slides after Elon Musk warns it won't be profitableThe guidance comes the same afternoon as Tesla said the $35,000 version of its Model 3 was finally available for pre-order. Going out of business sale!! This is the time to get in I think , especially after his tweet about the production in 2019
Source: BusinessInsider - 🏆 729. / 51 Read more »
Elon Musk says Tesla will probably not be profitable in the first quarter of 2019Tesla CEO Elon Musk said on Thursday that the automaker would likely not be profitable in the first quarter of this year.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Why Elon Musk Should List Tesla Shares In GermanyInstead of taking Tesla private, Elon should list Tesla in Germany. In Germany he can have regulatory carte blanche, and can tweet anything he wants with no retribution – no matter how fraudulent. Moreover, short sellers and press critics would likely be investigated the moment they speak out. Because the Germany govt hasn't drunk as much laissez-faire cool aid.
Source: Forbes - 🏆 394. / 53 Read more »
Elon Musk said Tesla will probably not be profitable in the first quarter of 2019Tesla CEO Elon Musk said on Thursday that the automaker will likely not be profitable in the first quarter of this year. There will be time when tesla finally caves in and decides to use sweatshops in asia to lower the production cost. If you hire me, I think I might be able to change that elonmusk 👊🏽
Source: BusinessInsider - 🏆 729. / 51 Read more »