Tesla inventory is crashing. Is Musk absolutely responsible?
In October, Tesla held its third-quarter earnings name, the common replace for shareholders and analysts and anybody else who wished to hear about how the corporate was doing and what its future would possibly appear like. Elon Musk sounded upbeat, predicting an “epic finish of yr.” Musk was, to place it gently, mistaken.
Simply weeks later, the corporate did not ship on that epic promise, lacking Wall Road’s estimates for automotive deliveries and ending the yr with their inventory down considerably. Now, it feels just like the hits to Tesla simply maintain coming. On Thursday, the corporate reduce the costs