Elon Musk

News

Tesla's chief financial officer quits as Musk addresses demand questions for its Model 3

Published: 
Mon, 02/04/2019 - 5:08pm

Tesla watchers were rocked by another high-level departure Wednesday when the company’s chief financial officer, Deepak Ahuja, announced his retirement at the end of an earnings conference call with analysts.

News

Tesla layoffs loom and its stock price plunges as Musk shifts focus from growth to survival

Published: 
Tue, 01/22/2019 - 2:05pm

In an email to employees Friday, Tesla Chief Executive Elon Musk painted a dim picture of the company’s near future. He said Tesla’s cars are “still too expensive for most people,” and that to cut costs, the company would have to cut 7% of its full-time workforce.

News

How Elon Musk might make $920 million in Tesla debt go away

Published: 
Sun, 11/18/2018 - 2:48pm

A big pile of debt comes due at Tesla on March 1 — $920 million worth. But starting in two weeks, the company has a chance to make it disappear.

News

Tesla names director Denholm to replace Musk as board chair

Published: 
Thu, 11/08/2018 - 6:29pm

Tesla Inc has named director Robyn Denholm as board chair, fulfilling a demand by the U.S. Securities and Exchange Commission to strip the job from Elon Musk, the electric car maker’s wayward chief executive who has dragged the company through months of turbulence.

News

Tesla delivered an awesome earnings surprise. How come no one saw it coming?

Published: 
Thu, 11/01/2018 - 2:43pm

When a company beats Wall Street analysts’ earnings expectations, its stock price tends to rise.