Musk will get a lot of competition for Tesla from German car builders before the end of the year. Musk is already beaten by ... the Germans when it comes to electric planes.
https://www.cnbc.com/2018/09/05/tesla-ceo-elon-musk-calls-british-cave-diver-child-rapist.html Elon Musk attacks British cave diver for a third time, calling him a 'child rapist' https://electrek.co/2018/09/06/tesla-tsla-shorts-sue-elon-musk-class-action-take-private-tweet/ Tesla (TSLA) shorts sue the automaker and CEO Elon Musk in class action over take-private tweets
Damn... down $15 premarket. $2.3 Billion in market-cap. That was one expensive blunt. Actually its this: On September 4, 2018, Tesla’s Chief Accounting Officer, Dave Morton, provided notice that he was resigning from Tesla, effective immediately. Dave stated: “Since I joined Tesla on August 6th, the level of public attention placed on the company, as well as the pace within the company, have exceeded my expectations. As a result, this caused me to reconsider my future. I want to be clear that I believe strongly in Tesla, its mission, and its future prospects, and I have no disagreements with Tesla’s leadership or its financial reporting.” Tesla’s accounting functions and personnel will continue to be overseen by both Tesla’s Chief Financial Officer and its Corporate Controller, as had been the case prior to and during Dave’s transition to Tesla.
The Chief Account Officer resigned after just 1 month in the job, that's prob a bigger issue than taking 1 puff at a joint
Ya know.... that guy resigned on the 4rth. Elon knew that when the 8K became public this AM.... the stock would sell off.... and yet he pulled that stunt last night on Rogan. The conspiracy theorist in me says he's up to something... I think the stock may be a buy down here at $259. Maybe put a buy order in at $254 and catch the initial spike down at the open.
Haven't read it, what was in it to push the price down? Edit: Oh only the CAO resigning, I thought they published some numbers.