Tesla investors ignore Musk’s promises to stop selling and dump shares again
Tesla share’s fell by nearly 9% on Thursday, amid demand fears which has seen it offer discounts on Model 3 and Y vehicles and plan job cuts
Company
NASDAQ:TSLA
Tesla Inc designs, develops, manufactures, sells and leases high-performance fully electric vehicles and energy generation and storage systems, and offer services related to its products. The company's segments include automotive, and energy generation and storage.
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Tesla share’s fell by nearly 9% on Thursday, amid demand fears which has seen it offer discounts on Model 3 and Y vehicles and plan job cuts
Elon Musk dumped a further US$3.6bn worth of Tesla shares between Monday and Wednesday
Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news
In November this year, the resource group revealed it had raised C$37 million via equity financing to advance Tamarack's exploration and development program
Analysts at Wedbush said: "Any black eyes for Musk in the Street's view will be reflected in Tesla's stock and this speaks to Tesla's stock being down 26% since the Twitter deal officially closed in late October"
They believe the so-called 'Canadian Shield' encompassing Ontario and Québec are an "emerging cradle" of critical minerals in the North American battery metals space
Tesla is in the process of recalling over 321,000 vehicles over software issues, adding to 70,000 already recalled this month
Electric vehicles will be subject to Vehicle Exercise Duty from April 2025, a policy which has already faced backlash
Elon Musk has confirmed that he will eventually find someone to replace him as Twitter boss
Elon Musk's recent spate on controversy will continue as he appears in court against Tesla investors
Boss Elon Musk has "tarnished the Tesla story" and is "starting to potentially impact the Tesla brand" with the ongoing Twitter train wreck"
Hybrid electric vehicle sales also grew by 2.5% in the quarter, while plugin hybrid vehicle sales fell 5.8%
In unusually forthright comments, analysts described the “Twitter circus show” as an “absolute debacle from all angles.”