ZINGER KEY POINTS

2022-06-05

Tesla's June quarter deliveries could be in-line or slightly miss estimates.

Tesla, though seeing a slight hit in the near term, could bounce big once consumer spending stabilizes.

Tesla, Inc. chief executive officer Elon Musk created a furor this week by communicating to employees his intent to slash 10% of salaried jobs at the company. He blamed the proposed action on the economy.

Tesla analyst and Loup Funds co-founder Gene Munster offered his take on the development.

Tesla Not Immune to Recession: Musk's comments about job cuts suggests a recession would have a "small negative" effect on Tesla, Munster said. The analyst noted that there are already signs of a dip in the broader U.S. auto market.

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Comments

daz888888888
2022-06-05
daz888888888
Buy Zinger Burger
- gme1xxx:
  $Yum(YUM)$ Here you go! [LOL]
prestomanik
2022-06-05
prestomanik
honestly what is Elon thinking hahahaha
- gme1xxx:
  preparing for the recession ahead!
  [LOL]
Mungerism
2022-06-05
Mungerism
Nice… thanks for sharing
SnailWalker
2022-06-05
SnailWalker
[Miser] [Miser]
Doris11
2022-06-05
Doris11
like
Fabulous1711
2022-06-05
Fabulous1711
Ok

Leave a comment

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