Tag Archives: Tesla
Tesla Shares Soar on Plans to Expedite Affordable EV Rollout
Tesla (TSLA.US), the Austin, Texas-based electric vehicle manufacturer, reported disappointing financial results for the first quarter. The company’s revenue of $21.3 billion represented a 9% year-over-year decrease, falling short of analysts’ estimates of $22.34 billion. Additionally, the adjusted earnings per share for the quarter came in at $0.45 per share, lower than the analysts’ expectations […]
Tesla identifies critical jobs, stoking layoff speculations.
Recent report revealed that Tesla managers was being asked to identify their subordinates’ position which were critical to their operations, fuelling speculation for a massive layoff in the company. The query, which was sent out to managerial levels soon after Tesla cancelled bi-annual performance review for some of its employees. The report came as the […]