$NVIDIA Corp(NVDA)$ be careful, the CEO is selling his own companies stock, the sudden rebounce may just be due to whatever reasoning rating agencies want you to believe. Buy with care
Imagine the ppl he lay off are ppl who are actually generating revenue for the company, or are actually substantial shareholders. Maybe it's time for the man himself to step down instead, layoffs are never a good sign, it only shows how poor his strategic planning skills really are. All those recent news have no real substance.
Musk Lays off Tesla Senior Executives in Fresh Job Cuts, The Information Reports
$Tesla Motors(TSLA)$ seriously, any good company will not lay off a large number of employees in one go, give them the same serverence package no matter how many years they may have served. By becoming the CEO of so many companies, diluting the attention required on telsa, looking forward to the price hitting $100 again within the next one month to give a serious wake-up call.
$Tesla Motors(TSLA)$ whenever a CFO step down, it usually reflect that something is up at the company, why else will a CFO step down when a company has great earning potential?