UPDATE: Tesla (TSLA) PT Lowered to $700 at Cowen, 'Triming Delivery Estimates Given China Woes'

Musk feels 'super bad' about economy, needs to cut 10% of Tesla jobs - Reuters

June 3, 2022 6:09 AM EDT

Musk feels 'super bad' about economy, needs to cut 10% of Tesla jobs - Reuters

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Tesla (TSLA) Stock Slips 3% on Report It Will Cut 10% Staff and Pause Hiring, Analyst Expects EV Maker to 'Ramp Back Up' in 2023

June 3, 2022 5:25 AM EDT

Elon Musk told employees he wants to cut 10% of staff at Tesla (NASDAQ: TSLA) and pause hiring, saying he feels very concerned about the state of the economy.

Shares of the company are down 3% in pre-open Friday.

In his e-mail to executives sent Thursday, the billionaire said he had a super bad feeling about the economy and announced his plan to cut a part of his workforce.

The e-mail,... More

Tesla (TSLA) call put ratio 1.2 calls to 1 put

June 3, 2022 4:05 AM EDT

Tesla (NASDAQ: TSLA) June weekly call option implied volatility is at 82, June is at 71; compared to its 52-week range of 36 to 84. Call put ratio 1.2 calls to 1 put as shares trade up from lows. Call put ratio 1.2 calls to 1 put.

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Exclusive - Tesla's Musk feels 'super bad' about economy, needs to cut 10% of salaried staff

June 3, 2022 3:07 AM EDT

By Hyunjoo Jin

SAN FRANCISCO (Reuters) - Tesla CEO Elon Musk has a "super bad feeling" about the economy and needs to cut about 10% of salaried staff at the electric carmaker, he said in emails seen by Reuters.

A message sent to executives on Thursday laid out his concerns and told them to "pause all hiring worldwide." The dire outlook came two days after the billionaire told staff to return to the workplace or leave and adds to a growing chorus of warnings from business leaders about the risks of recession.

Tesla shares fell 9%... More

Active options: TSLA AAPL AMD NVDA MSFT FB AMC AMZN SNAP

June 2, 2022 3:07 PM EDT

Active options: TSLA AAPL AMD NVDA MSFT FB AMC AMZN SNAP

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Tesla (TSLA) Germany Wait Times Rising Sharply - Piper Sandler

June 2, 2022 1:09 PM EDT

Piper Sandler analyst Alex Potter said Thursday that European wait times for Tesla's (NASDAQ: TSLA) Model Y are rising sharply.

The analyst explained that they started monitoring delivery wait times for Tesla vehicles in Germany, the U.S., and China... More

Piper Says Tesla (TSLA) Buyers in Germany of Model Y Now Waiting 23.5 Weeks or 5.5 Months for Orders

June 2, 2022 12:27 PM EDT

Piper analyst Alex Potter maintains Overweight on Tesla (NASDAQ: TSLA), PT $1,035.00.

The analyst comments "A few months ago, we started monitoring delivery wait times for Tesla's vehicles in three key regions (the U.S., Germany, and China). In April, we noticed an... More

Tesla (TSLA) Extends Gain, Now Up 6%

June 2, 2022 11:34 AM EDT

Tesla (NASDAQ: TSLA) Extends Gain, Now Up 6%

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Tesla delays deliveries of long-range models in U.S.

June 1, 2022 2:08 PM EDT

(Reuters) - Tesla Inc is delaying U.S. deliveries of certain long-range models by up to a month, its website showed on Wednesday, as the electric-car maker tries to steer itself through supply-chain issues and disruptions in China operations.

New orders for Model Y will be delivered between... More

Tesla (TSLA) delays deliveries of long-range models in U.S. - Reuters

June 1, 2022 2:08 PM EDT

Tesla (NASDAQ: TSLA) delays deliveries of long-range models in U.S. - Reuters

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Goldman Sachs Cuts Price Targets on Tesla (TSLA), Ford (F) and General Motors (GM) on Supply Chain Constraints

June 1, 2022 9:07 AM EDT

Goldman Sachs analyst Mark Delaney slashed price targets on Tesla (NASDAQ: TSLA) to $1,000.00 per share (from $1,200.00), General Motors (NYSE: GM) to $46.00 (from $59.00) and Ford Motor (NYSE: F) to $14.00 from $18.00.

New price targets reflect broadly lowered estimates that mirror additional supply chain constraints in the near-term, and... More

Tesla (TSLA) PT Lowered to $1,000 at Goldman Sachs

June 1, 2022 8:59 AM EDT

Goldman Sachs analyst Mark Delaney lowered the price target on Tesla (NASDAQ: TSLA) to $1,000.00 (from $1,200.00) while maintaining a Buy rating.... More

Elon Musk tells Tesla staff: return to office or leave

June 1, 2022 8:21 AM EDT

By Hyunjoo Jin and Tiyashi Datta

(Reuters) - Tesla Inc Chief Executive Elon Musk has asked employees to return to the office or leave the company, according to an email sent to employees and seen by Reuters.

"Everyone at Tesla is required to spend a minimum of 40 hours in the office per week," Musk wrote in the email sent on Tuesday night.

"If you don't show up, we will assume you have resigned."

"The more senior you are, the more visible must be your presence, Musk wrote. That is why I lived in the factory... More

Musk Tweets Opinion on Return-to-Office Debate: 'They Should Pretend to Work Somewhere Else'

June 1, 2022 7:31 AM EDT

"They should pretend to work somewhere else", Tesla (NASDAQ: TSLA) CEO and multi-billionaire, Elon Musk weighed in on Twitter today following an allegedly leaked email sent out Tuesday titled "Remote work is no longer acceptable". Musk did not confirm the validity of the... More

Remote Work No Longer Acceptable, Elon Musk Warns Tesla (TSLA) Staff - Report

June 1, 2022 5:41 AM EDT

Elon Musk told Tesla (NASDAQ: TSLA) employees that remote work is no longer acceptable and that they must work at least 40 hours per week in the office or leave the company, Bloomberg News reported.

Tesla's boss joined the debate on remote work Wednesday on Twitter and sent an email to his executive... More

Active options: AAPL TSLA AMC AMD NVDA AMZN F CHPT MULN BABA

June 1, 2022 3:49 AM EDT

Active options: AAPL TSLA AMC AMD NVDA AMZN F CHPT MULN BABA

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