Current location:Culture Curves news portal > entertainment
Tesla shares tumble below $150 per share, giving up all gains made over the past year
Culture Curves news portal2024-05-19 11:28:00【entertainment】1People have gathered around
IntroductionTesla’s stock tumbled below $150 per share, giving up all of the gains made over the past year as th
Tesla’s stock tumbled below $150 per share, giving up all of the gains made over the past year as the electric vehicle maker reels from falling sales and steep discounts intended to lure more buyers.
Shares in the Elon Musk-owned company slid nearly 4% in intraday trading Thursday, in what now stands as the third worst week for the stock in 2024, a year that has been dismal for Tesla investors. The Austin, Texas company’s shares are down 12.4% this week and more than 39% this year.
Shares of Tesla Inc. last traded at the $150 level in January 2023.
It’s also been a bad year for employees. Tesla said Monday that it was cutting 10% of its staff globally, about 14,000 jobs. The next day, Tesla announced it would try to re-instate Musk’s $56 billion pay package that was rejected by a Delaware judge in January, who said that the arrangement was dictated by Musk and was the product of sham negotiations with directors who were not independent of him.
Address of this article:http://luxembourg.nanorelatosmagicos.com/article-43c799176.html
Very good!(25234)
Related articles
- Pakistan asks its nationals studying in Kyrgyzstan to stay indoors after mobs attacked foreigners
- Chrissy Teigen shares sweet photo of one
- Guatemalan court orders release of journalist jailed for nearly 2 years on money laundering charges
- What to know about a bus crash that killed 8 Mexican farmworkers in Florida
- Not just an 'urban legend': The mile
- Jürgen Klopp's longtime Liverpool assistant Pep Lijnders hired to coach Salzburg
- The US says Boeing violated a 2021 settlement. That doesn't mean the company will face charges
- Kroos criticizes match officials for offside call in Bayern
- Brighton manager Roberto De Zerbi leaving the club after United game
- Marvel selects a final title for WandaVision spin
Popular articles
Recommended
Georgia's president vetoes media legislation that has provoked weeks of protests
F1 driver Alex Albon signs a multiyear contract extension with Williams
Dune: Prophecy official teaser is released as female
White Sox acquire outfielder Corey Julks from Astros, recall outfielder Dominic Fletcher
Jetstar passenger finds genius way to book 58 flights for FREE
The Fortune Hotel viewers spot contestant who has already been on another reality TV show
From a toothless Queen Elizabeth II to a semi
Labor laws largely exclude nannies. Some are banding together to protect themselves
Links
- Australian prime minister describes domestic violence as a 'national crisis'
- Chinese FM meets with Vietnamese deputy PM in Beijing
- Xi calls for viewing production capacity issue objectively, dialectically
- China's Bronze Age art comes alive in exhibition in San Francisco
- China's top legislator meets DPRK top leader
- Tyler O'Neill's bloop single lifts Boston Red Sox past Chicago Cubs 5
- UN Human Rights Council calls for accountability for possible war crimes by Israel
- Global tourism revenue to total $5.8 trillion this year: Report
- King Charles is keen to saddle up for Trooping The Colour as he returns to public duties this week
- 3 Louisiana officers wounded by gunfire in standoff with shooting suspect, police say