Tesla shares
Business
Tesla Lays off Over 10 Percent of Its International Workforce
Tesla informed its employees that it is cutting over 10 percent of its worldwide staff, according to a memo obtained by Reuters on Monday. This decision comes as Tesla faces challenges such as declining sales and increased competition in...
Business
Elon Musk Dethroned as World’s Richest Man
Elon Musk was briefly dethroned as the world's richest man. Bernard Arnault, CEO of LVMH, the parent company of the luxury fashion brand Louis Vuitton, momentarily clinched the title on Wednesday, according to Forbes.
Arnault and his family took the...
Business
Elon Musk Sells 7 Billion Worth of Tesla Shares
CEO of Tesla, Elon Musk just sold 7.9 million shares of the company, bringing in $6.9 billion.
The Securities and Exchange Commission received several documents late on Tuesday night detailing the sales from Friday through Tuesday. They represent Musk's first...