Business
‘Crushed like a souffle’: Elon Musk issues Tesla share warning – Yahoo Finance Australia
Here’s why Elon Musk told staff to be prepared.
SpaceX owner and Tesla CEO Elon Musk. (Hannibal Hanschke/Pool via AP)
Tesla staff have been warned the share price will be crushed like a souffle if the company is unable to meet profit expectations, in an internal email from CEO Elon Musk.
The electric vehicle companys stock price has risen nearly 600 per cent in 2020, catapulting Musks net worth to US$128 billion and making him the worlds second richest person.
In January, a Tesla share was worth US$62.27, while today its worth US$584.76. Shares…
-
Noosa News9 hours agoWoman dead and man rushed to hospital with gunshot wound following crash near Aussie World on Queensland’s Sunshine Coast
-
General15 hours agoBoy dies after being trapped between rocks off NSW beach
-
Noosa News15 hours agoFarmer Fred Perry’s 30-year conservation project creates bird haven after years of ‘bashing and burning’
-
Noosa News15 hours agoDetectives continue to search for answers on Crystal Beale’s death