Elon Musk reportedly fires Tesla's top sales exec

12:50pm, Thursday, 26'th Jun 2025
Omead Afshar, Tesla's vice president in charge of sales and manufacturing in North America and Europe, has reportedly been fired by CEO Elon Musk, according to Forbes.
A Tesla executive and key confidant to CEO Elon Musk, Omead Afshar, has left the company, according to people familiar with the matter. This latest high-level departure comes during a volatile period
The departure of Afshar, who oversaw sales and manufacturing operations sales in North America and Europe, comes as Tesla struggles with plunging global sales.
Tesla executive and a confidant of CEO Elon Musk, Omead Ashfar, has left the company, Bloomberg News reported on Thursday, citing people familiar with the matter.
Benchmark analyst Mickey Legg maintained a Buy rating on Tesla TSLA and raised the price target from $350 to $475 on Thursday.
Charlotte City Council in North Carolina voted Monday to remove Tesla from its list of approved vehicle manufacturers for municipal use, with one supportive member citing alleged "safety issues."

TSLA Price Target Hike, TTD Downgrade, MKC Beats

11:01am, Thursday, 26'th Jun 2025
From tech to consumer staples, Diane King Hall talks about the stock movers driving the start of the trading day. On Tesla (TSLA), she notes Benchmark upping its price target on expectations of improv
Tesla shares traded slightly lower on Thursday, extending losses from the previous session as weak European sales figures overshadowed early-week gains driven by the launch of the company's long-await
Chinese EV and smartphone maker Xiaomi on Thursday priced its new electric YU7 SUV 10,000 yuan ($1,395) cheaper than Tesla's Model Y, stepping up the challenge to the U.S. firm in the world's largest
In the latest step in an intensifying price war, Chinese smartphone company Xiaomi revealed its luxury YU7 SUV will cost less than Tesla's Model Y. Xiaomi's luxury YU7 SUV will start at 253,500 yuan (
The aviation sector's challenges with decarbonisation have been highlighted by broker Panmure Gordon in collaboration with Agency Partners, as while other industries are reducing greenhouse gas emiss
Tesla's transition from carmaker to high-tech robotics company is the reason a Benchmark analyst boosted his stock-price target to the second-highest on Wall Street.
Big Tech is expected to see double the earnings growth of the S&P 500, as long as the group can maintain momentum in a key area.
Tesla stock continued to give back gains from Monday's stock market surge following the robotaxi launch on Sunday.
Shares of Tesla Inc. (NASDAQ: TSLA) are trading for less than 2% higher than a week ago, as the EV maker's robotaxi tests get underway and sales figures in Europe continue to disappoint.
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