Dedicated Tesla Worker Fired After Sleeping in Car to Meet Production Goals
Discover the shocking story of Nico Murillo, a dedicated Tesla worker who was fired despite his extreme commitment to the company. Learn about the challenges faced by employees in the corporate world and the harsh reality of mass layoffs at Tesla, affecting over 14,000 employees worldwide. Despite the uncertainties, there is hope for former employees to find new opportunities and achieve a better work-life balance in the future.
Stocks to Watch in Pre-Market Trading
Get ready for action in the stock market as Tesla, Verizon, Block, and Alcoa make waves in pre-market trading. Investors are eagerly awaiting the opening bell to see how these key players perform today. Stay tuned for updates on potential price fluctuations and market trends.
Tesla Stock Surges After Analyst Sets Price Target
Stay updated with the latest news and developments in the stock market with free breaking news alerts! RBC Capital analyst Tom Narayan reiterates an Outperform rating for Tesla, leading to a 9% surge in stock. Wall Street sees positive trends with Tesla and Apple stocks gaining, investors await Federal Reserve’s decision. Jefferies forecasts S&P 500 fair value at 4900 with potential surge to 5400. Sign up for more exclusive stock market news articles like this on StreetInsider.com Premium!
Tech Controversy: Facebook Co-Founder Accuses Tesla of Deceptive Practices Similar to Enron Scandal
Facebook co-founder, Dustin Moskovitz, accuses Tesla of deceptive practices similar to Enron scandal, stirring controversy in the tech industry. Despite lack of evidence, allegations about Tesla’s Full-Self Driving software and vehicle ranges have sparked heated debate. Elon Musk responds with insults towards Moskovitz on social media. The clash highlights concerns about transparency and accountability in the tech world.
Elon Musk’s Net Worth Plummets by $175 Billion as Tesla Stock Declines
Elon Musk, the CEO of Tesla, has faced a significant decline in his net worth, dropping by over $175 billion from its peak. This decline comes as Tesla’s stock has plummeted by 66% from its highest point, leading to a sharp decrease in Musk’s wealth. The share-price slump has caused Tesla’s market capitalization to drop from over $1.2 trillion to below $450 billion, significantly impacting Musk’s wealth due to his 13% stake in the company. Musk’s net worth has plummeted by $65 billion since the beginning of this year, placing him fourth in the wealth rankings behind Bernard Arnault, Jeff Bezos, and Mark Zuckerberg.
ARK Invest Sets Bold $2,000 Price Target for Tesla by 2027 Despite Short-Term Challenges
Investors in Tesla are advised to look beyond short-term challenges and focus on the long-term potential, with ARK Invest setting a bold $2,000 price target for Tesla by 2027. Despite recent price cuts causing a decline in Tesla shares, the company’s innovations in autonomous driving and competitive pricing make it a strong player in the electric vehicle industry.
Financial Giants Set to Take Center Stage for Earnings Reports
Get ready for a week of earnings reports from major companies like Tesla, Boeing, and General Motors. Market watchers are anticipating volatility in the options market and potential market-moving events. Stay informed on key players like IBM, Google, Microsoft, and more as the week unfolds.
Top Auto Stocks to Watch in Current Market Landscape
Discover three auto stocks that are standing out as strong picks for investment in the current landscape. Hyundai Motor Company, Toyota Motor, and Ford have shown resilience and promise in the face of industry challenges. With a focus on electric vehicle development, strategic production adjustments, and market adaptability, these companies are well-positioned to benefit from the industry’s recovery and expansion. Learn more about the potential growth and opportunities in the auto sector for investors looking to capitalize on market trends.
Tesla Cybertruck Recall Due to Accelerator Pedal Safety Concerns
Tesla recalls thousands of Cybertrucks over accelerator pedal safety concerns. The US Department of Transportation warns of potential risks. Tesla to fix issue at no cost. No reported collisions or injuries. Recall highlights importance of vehicle safety in the electric car market.
Tesla Settles Lawsuit Over Fatal Autopilot Crash
Tesla has settled a lawsuit over a fatal crash involving its Autopilot technology. The terms of the settlement were not disclosed, but reports indicate that it still requires approval from a judge. The agreement comes at a time when Tesla is facing challenges in the market, including a decline in deliveries and increased competition from rivals. Despite this, CEO Elon Musk announced plans to unveil a self-driving robotaxi in August, amid ongoing scrutiny of its Autopilot and Full Self-Driving technology.