Is This The End For Tesla! More Job Cuts As Top Shareholders Suggest Removing Elon Musk (Video)
Is This The End For Tesla! More Job Cuts As Top Shareholders Suggest Removing Elon Musk Video Silver Report
Shares of TSLA continue to slide as the crowd of analysts begin to draw attention to the economic woes of Tesla. With a week of odd behavior by Elon Musk Many Many job cuts, strange tweets, and rushed announcements… desperation is beginning to seep through as Elon will say and do anything to keep the stock afloat.
For a company that has spent it’s entirely existence on the edge of bankruptcy only now people seem to wake up. Tesla is rushing to strengthen demand for its products, which are sliding globally “A Model Y announcement so shortly after the $35k [Model 3] suggests that consumer reaction toward the $35k Model 3 may not have been as strong as the company had hoped,” there has been a fall- off in U.S. demand and softer than expected demand in China.”
The price cuts on Tesla’s three models, the X, S and 3, backs up the idea that demand has softened. these are not the actions of a stable company.