criticism of tesla inc
Musk: Don’t Invest in Tesla if You Doubt Autonomy Solution
Tesla had its Q1 earnings call last night, right after releasing news that its profits last quarter fell 55 percent. Not only is that loss a big drop on its own, but it’s also significantly higher than the 40-percent drop that analysts had estimated ahead of the announcement. Instead of making that the main topic of…
Tesla’s Hard Lesson: Going Anti-Woke Leads to Going Broke
Things are not going well at Tesla right now. The stock is down more than $100 per share year-to-date, as many as 20,000 people are set to lose their jobs, the Cybertruck keeps breaking, operating profit is expected to be down 40 percent when it’s announced later today and the $25,000 electric vehicle that Tesla has…
Tesla Introduces New 510-HP Model 3 Performance to Distract from Expected Earnings Call
Tesla launched the newest iteration of its Model 3 Performance Tuesday, just in time for what promises to be a tense Q1 earning call. First, the car; the automaker claims it’s the most powerful electric sedan it has ever produced, boasting an advertised 163 mph top speed and a 2.9 second 0-to-60 mph time. Tesla…
Elon Musk Apologizes for Underpaying Workers but Insists on $56 Billion Pay Day
Good morning! It’s Thursday, April 18, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know.
Tesla Launches Website to Boost Elon Musk’s Wealth by $55 Billion | Giga Gears
Elon Musk is filthy, stinking rich. Despite Tesla’s current troubles resulting in his net worth tumbling a few billion, he’s still the third richest person on the planet. Apparently that wealth isn’t enough for him or Tesla. Now, the company actually created a website to convince shareholders that their part-time CEO…