Is the Tesla (NASDAQ: TSLA ) tumble finally over? That's what many are asking, following the recent big rebound in Tesla stock, following potentially groundbreaking news regarding the EV maker's effor

Tesla Stock Beat the Market in April

04:57am, Wednesday, 01'st May 2024
Shares of the electric-vehicle maker rose about 4% in April, beating the S&P 500 by about 8 percentage points.
The employees behind Tesla's Supercharging stations are being laid off, BI previously reported. Musk said following the cuts that Tesla will keep growing its charger network "at a slower pace.

Tesla Axes Most of Supercharger Team

08:46pm, Tuesday, 30'th Apr 2024
Bloomberg has learned that Tesla Inc. has eliminated most of its entire Supercharger organization that built a vast network of public charging stations in the US. Peter Vercoe reports on Bloomberg Te
Tesla Inc. shares dropped Tuesday after the electric-vehicle maker reportedly cut hundreds of more jobs, including its entire Supercharger unit.
Musk's decision, as reported by The Information, to dismiss the head of the business, Rebecca Tinucci, and most or all of the staff that operated and maintained the system left officials at automaker
Tesla fired its team that works on creating Superchargers, according to multiple reports Tuesday—marking the latest challenge for billionaire Elon Musk's electric vehicle company as demand decreases

Why Goldman Is Flat Out Wrong About Tesla

04:32pm, Tuesday, 30'th Apr 2024
Goldman Sachs has chosen the most inopportune time to bet against EV maker Tesla (Nasdaq: TSLA).
Elon Musk's abrupt decision to lay off employees who ran Tesla's electric vehicle charging business blindsided automakers gearing up to equip new EVs for customers to use the Tesla Supercharger networ
When the economy takes an eventual downturn, retail companies are the first to suffer, followed by the automotive sector. Currently, cash is becoming more expensive by the day, as consumers are reluct
Tesla finally has to deal with the EV slowdown. The EV company can't rely on hybrids and gas cars like competitors.
Tesla will soon roll out updates to improve the Cybertruck's camping and off-roading capabilities. The updates include the Off-Road Mode and a new feature for leveling suspension in CyberTent Mode.
Tesla TSLA, -4.59% is down this year by double digits. Apple AAPL, +0.05% is down.

Why Tesla Stock Flopped 5% on Tuesday

01:42pm, Tuesday, 30'th Apr 2024
Tesla stock roared ahead Monday on news Elon Musk was meeting China's premier to discuss FSD autonomous car tech in China. Then, Tesla stock turned tail on Tuesday on news Musk is laying off the team
Earnings season continues for Big Tech names, with Amazon (AMZN) and Apple (AAPL) set to post their earnings this week. A critical component of the earnings picture is consumer demand, as Wall Street
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