Tesla Inc. (NASDAQ: TSLA) has shifted focus from selling 20 million vehicles annually to emphasizing autonomy. The 2023 impact report highlights Tesla's goal to displace fossil fuels without the numerical target. In 2023, Tesla sold 1.8 million vehicles, with a slower growth rate expected this year. CEO Elon Musk aims to unveil a fully driverless car by August 8, 2024, marking a pivotal shift in Tesla's strategy.
Tesla Inc. (NASDAQ: TSLA) employees live in fear as layoffs continue through June. CEO Elon Musk's plan to cut at least 10% of the workforce has left employees anxious, uncertain of their job security. Former sales representative Michael Minick described the situation as walking on eggshells daily. This ongoing turmoil has contributed to a 29% decline in Tesla's share value this year, with a $224 billion loss in market capitalization.
Narus Financial Partners LLC purchased a new position in shares of Invesco S&P SmallCap Consumer Discretionary ETF (NASDAQ:PSCD – Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 2,609 shares of the company’s stock, valued at approximately $270,000. Narus Financial Partners LLC […]
The Canadian market suffered one of its worst setbacks in recent months as stocks tumbled on sustained selling pressure on Tuesday after data showing a bigger than expected increase in U.
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