Tag Archives: Elon

Elon Musk’s antics are weeding out Tesla’s nonbelievers

Elon Musk’s antics are weeding out Tesla’s nonbelievers

This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: The Elon Musk noise machine has been in hyperdrive lately. There’s the Delaware court ruling voiding his pay package as Tesla CEO. The report alleging that Tesla board members felt pressured to take illegal drugs to stay in Musk’s good graces. And the drumbeat of negative analyst chatter from the likes of Daiwa and Piper Sandler this week. Separating noise from… Source link

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Tesla CEO Elon Musk needs to shut up, but not step down: Investor

Tesla CEO Elon Musk needs to shut up, but not step down: Investor

Shares of Tesla (TSLA) are down over 25% since the start of 2024 amidst declining EV delivery growth. Analysts at Daiwa Capital Markets downgraded Tesla stock to Neutral from Outperform with a price target of $195, down from $245 due to mounting issues with Tesla CEO Elon Musk. Gerber Kawasaki Wealth & Investment Management CEO Ross Gerber — a Tesla investor himself — joins Yahoo Finance to discuss Tesla’s performance and how he feels about Musk’s position as CEO. “The cost of Elon’s… Source link

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Tesla board directors testify Elon Musk’s 2018 ‘funding secured’ tweet consistent with deal talks

Tesla board directors testify Elon Musk’s 2018 ‘funding secured’ tweet consistent with deal talks

Tesla (TSLA) board members testified on Wednesday that Elon Musk’s 2018 Twitter posts about taking the electric-vehicle company private were consistent with what he related to the board about a potential take-private deal. Outside director James Murdoch, son of film and television titan Rupert Murdoch, took the stand among other former or current board members. The testimony is part of the class-action trial brought by company shareholders who contend they traded Tesla shares to their… Source link

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