Tesla CEO Elon Musk buys 72,500 shares in electric car maker

14 Juin, 2018, 08:31 | Auteur: Auguste Feret
  • He emphasised on the fact that Tesla has never made an annual profit

The company did not say how much money the cuts would save.

"Tesla has grown and evolved rapidly over the past several years, which has resulted in some duplications of roles and some job functions".

In the company letter, Musk said Tesla would end its residential sales agreement with Home Depot and focus on selling solar power in Tesla stores and online.

Tesla is now planning on updating its "hold the wheel" message to clarify that drivers need to apply slight upward or downward pressure to let the system know that they're engaged, according to a tweet by Tesla CEO Elon Musk.

The share purchases could be a signal to employees and Wall Street that he's still optimistic about the future of Tesla. The company has not posted an annual profit in its 15 years of business.

Mort sans précédent des plus vieux baobabs d'Afrique
Cette disparition des baobabs monumentaux serait liée au changement climatique qui affecte particulièrement l'Afrique australe. C'est ce qui ressort d'une étude publiée dans la revue scientifique Nature Plants .

La nouvelle offre arrive dans les prochains jours — Free Mobile
Rappelons que cet événement interdit à la presse réunit les différentes communautés de l'opérateur venue écouter la bonne parole. D'après les informations du site Univers Freebox , la nouvelle box devrait donc arriver sur le marché à la rentrée .

Chelsea to meet London rivals Arsenal at the Aviva Stadium in August
Once the World Cup is over and the players begin to return from their holidays, preparation will begin for the 2018/19 campaign. Arsenal have announced that they will play Chelsea in a preseason game in Dublin on August 1.

SpaceX founder Elon Musk smiles at a press conference following the first launch of a SpaceX Falcon Heavy rocket at the Kennedy Space Center in Cape Canaveral, Florida, U.S., February 6, 2018.

"What drives us is our mission to accelerate the world's transition to sustainable, clean energy, but we will never achieve that mission unless we eventually demonstrate that we can be sustainably profitable", Musk wrote.

The report comes amidst other significant news becoming public, that the company is laying off almost 10% of its workforce.

Musk also announced that the company's solar panel unit has chose to end its agreement to sell via Home Depot stores so it can focus on sales in Tesla's company stores and online.

Tesla's profitability has been based on the firm hitting a 5,000 per week production target of its Model 3 sedans after facing initial production hiccups. "The layoffs may help them to achieve profitability in the near-term but not sustain it". It can easily top $50,000 with options.

Conseillé:

  • Ajinkya Rahane to discuss future plans with selectors after India-Afghanistan Test

    Ajinkya Rahane to discuss future plans with selectors after India-Afghanistan Test

    Speaking about the upcoming series he said: "As a Test team we can not take anyone for granted because cricket is a amusing game". We are disappointed he is not playing, but a little bit happy that we are not going to bowl to him all the time.
    Bachelorette Contestant Lincoln Adim Convicted of Indecent Assault

    Bachelorette Contestant Lincoln Adim Convicted of Indecent Assault

    Production resumed after WB completed an investigation and found no evidence to support the misconduct allegation. If he fails to comply with the terms, he could be ordered to serve his term behind bars.
    Hold The Phone - Are Justin Bieber & Hailey Baldwin Back Together??

    Hold The Phone - Are Justin Bieber & Hailey Baldwin Back Together??

    Bieber and Baldwin attended the VOUS Church Conference on Saturday and Sunday, before hitting up LIV at Fontainebleau together. Bieber and Baldwin, 24 and 21 respectively, were seen departing Florida via a private jet on Tuesday.
  • Elmore County child recovering from plague

    Elmore County child recovering from plague

    While plague in humans is rare, experts say it occurs naturally in some rodent populations, including ground squirrels in Idaho. Plague is still one of the scarier infectious diseases out there, with a mortality rate between 30% and 60% if untreated.
    Anti-Islam tweet: Dubai hotel fires celebrity chef Atul Kochhar

    Anti-Islam tweet: Dubai hotel fires celebrity chef Atul Kochhar

    Kochhar was awarded another Michelin star for his second restaurant, Benaras, also a modern Indian fine-dining outfit in London. He later deleted the tweet and put out an apology, saying the "major error" was "made in the heat of the moment on Sunday".
    Newshour, Summit could give South Korea 'hope for peace'

    Newshour, Summit could give South Korea 'hope for peace'

    They then moved into a roughly 40-minute one-on-one meeting, joined only by their interpreters, before including their advisers. For Kim, one of the chief tasks from the summit - a legitimizing photo-op with a US president - is now all but guaranteed.
  • Trump Receives Nobel Peace Prize Nomination

    Trump Receives Nobel Peace Prize Nomination

    Trump was nominated by two right-wing members of Norway's Progress Party, which advocates for limited immigration and lower taxes. Trump has been cited as a possible nominee since Kim ended a series of provocative threats and missile tests past year .
    Excitement high, expectations lower as Trump and Kim set to meet

    Excitement high, expectations lower as Trump and Kim set to meet

    The US wants North Korea to get rid of its nuclear weapons in an irreversible manner that can be verified by the global community. For the first time since the division of the Korean Peninsula, the leaders of the two countries held a summit in June 2000.
    Singer Ariana Grande And Comedian Pete Davidson Got Engaged

    Singer Ariana Grande And Comedian Pete Davidson Got Engaged

    PEOPLE magazine says he popped the question last week. "It's nothing they've been hiding". "It's a recent engagement". It's a 3.03 carat diamond set in platinum made by NYC jeweler Greg Yuna, also known as Mr.
  • GP du Canada : Vettel en pole, Hamilton 4e sur la grille

    GP du Canada : Vettel en pole, Hamilton 4e sur la grille

    La voiture de sécurité est logiquement intervenue, et Marcus Ericsson et Stoffel Vandoorne en ont profité pour rentrer au stand. Verstappen était troisième à cinq secondes du leader, une seconde devant Hamilton, qui devançait Ricciardo de deux secondes.

    Woman Gets Head Stuck In Truck’s Exhaust Pipe

    One person she said was surprisingly kind was Tom Wold of Darwin, the owner of the truck. The exhaust pipe was briefly on display at a local bar.
    Nick Jonas brings Priyanka Chopra to cousin's wedding

    Nick Jonas brings Priyanka Chopra to cousin's wedding

    A spokesperson for the channel told Metro.co.uk that episode needs to be shown as part of the "continuing narrative". She has no involvement in the casting of the show or the storylines depicted in the series'.


Populaire

May wins Brexit vote, avoids rebellion
Flint said she could not support EEA membership because it would mean there would be no restriction on free movement. He said that remaining in the EEA, which includes membership of the single market, was not a ideal solution.

Iranian Football Team Seeks Apology From Sports Brand Amid US Sanctions
On Monday Quieroz said that the decision could adversely affect his team's performance in Russian Federation . Iran's first match is on Saturday against Morocco.

Miami could be hosting some World Cup 2026 soccer games
Before the United States hosted the World Cup in 1994, the sport was in a far different and inferior position. "They don't. It's estimated to cost each city between $30 and $50 million to host 2026 games.

Nervous Kolisi hailed as Boks rally to stun England
And following the defeat, Australian Jones had an altercation with some South Africa fans in the tunnel after the final whistle at Ellis Park.

Raccoon scales skyscraper in Minnesota
Mayor Melvin Carter said city officials were working on a plan to rescue the raccoon as it ascended the skyscraper. Crowds gathered at the building after it went viral, and local media streamed its perilous climb for nearly a day.

How anti-Trump hysteria helps the president on North Korea
The official acknowledged, however, it was still not certain how that was going to happen. No longer - sleep well tonight!' Kim Tong-hyung reported from Seoul , South Korea.

Un couple d'Australiens se tue en prenant un selfie — Portugal
Le couple, âgé d'environ trente ans, a trouvé la mort sur la plage dos Pescadores, chutant du haut d'un mur de près de 40 mètres. Selon les services de secours portugais ce mardi, ce drame est survenu alors qu'ils essayaient probablement de faire un selfie .

Des doutes pour Sidibé et Umtiti — EdF
Mais le coup qu'il a reçu au même genou, la semaine dernière contre les Etats-Unis (1-1), pourrait tout compromettre. Clairement, Adil Rami, Benjamin Pavard et Lucas Hernandez se tiennent prêts.

One-third of common medications can make people depressed
The study is cross-sectional, meaning it doesn't conclude that the medications used cause depression, but only that there is an association between the two.

US babies, toddlers consume sugar well beyond recommended levels
Those who were between 19 and 23 months were found to consume an average of more than 7 teaspoons of added sugar on a given day. The problem will be even bigger as they will get older, a new study conducted by the Centers for Disease Control concludes.