Tesla Cuts Marketing Team in Reversal of Musk’s Nascent Ad Push

8
3
Favorite

Tesla Cuts Marketing Team in Reversal of Musk’s Nascent Ad Push

Bloomberg04-22

Ongoing layoffs eliminate new ‘growth content’ team in USEV manufacturer had recently pursued traditional advertisingA Tesla Model STesla Inc. slashed a newly formed marketing team as part of ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（3）

Guavaxf30
·04-23
This is another sign of bad decisions made. It goes to show no matter how big you are, once you make errors, you will fall. D- day is coming. The quarterly results will show everything. You may see how bad it all is for Tesla.
Reply
7
Report
SL1977
·04-22
It just show traditional marketing is crap and useless.
Reply
6
Report
MrKiasu
·04-22
Waste time
Reply
5
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2429920490?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-04-22 23:15","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2429920490","market":"us","top_or_hot":-1,"title":"Tesla Cuts Marketing Team in Reversal of Musk’s Nascent Ad Push","media":"Bloomberg","content":"<div>\n<p>Ongoing layoffs eliminate new ‘growth content’ team in USEV manufacturer had recently pursued traditional advertisingA Tesla Model STesla Inc. slashed a newly formed marketing team as part of ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-04-22/tesla-cuts-marketing-team-in-reversal-of-musk-s-nascent-ad-push\">Source Link</a>\n\n</div>\n","source":"lsy1584095487587","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Cuts Marketing Team in Reversal of Musk’s Nascent Ad Push</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Cuts Marketing Team in Reversal of Musk’s Nascent Ad Push\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-22 23:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-04-22/tesla-cuts-marketing-team-in-reversal-of-musk-s-nascent-ad-push><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ongoing layoffs eliminate new ‘growth content’ team in USEV manufacturer had recently pursued traditional advertisingA Tesla Model STesla Inc. slashed a newly formed marketing team as part of ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-04-22/tesla-cuts-marketing-team-in-reversal-of-musk-s-nascent-ad-push\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0466842654.USD","symbol_name":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","start_time":0,"source_url":"https://www.bloomberg.com/news/articles/2024-04-22/tesla-cuts-marketing-team-in-reversal-of-musk-s-nascent-ad-push","article_id":"2429920490","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2429920490","pubTimestamp":1713798900,"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":"Ongoing layoffs eliminate new ‘growth content’ team in USEV manufacturer had recently pursued traditional advertisingA Tesla Model STesla Inc. slashed a newly formed marketing team as part of companyw","collect":0,"end_time":0,"defaultTopTitle":"bloomberg.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","TSLL":"Direxion Daily TSLA Bull 2X Shares","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","BK4527":"明星科技股","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","BK4588":"碎股","LU1861215975.USD":"贝莱德新一代科技基金 A2","TSLA":"特斯拉","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU1548497426.USD":"安联环球人工智能AT Acc","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","BK4574":"无人驾驶","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","BK4581":"高盛持仓","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","BK4511":"特斯拉概念","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","BK4548":"巴美列捷福持仓","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","LU0823411888.USD":"法巴消费创新基金 Cap","LU0082616367.USD":"摩根大通美国科技A（dist）","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU0056508442.USD":"贝莱德世界科技基金A2","BK4592":"伊斯兰概念","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU0234572021.USD":"高盛美国核心股票组合Acc","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","BK4534":"瑞士信贷持仓","BK4585":"ETF&股票定投概念","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4555":"新能源车","LU2063271972.USD":"富兰克林创新领域基金","LU0823414478.USD":"法巴经典能源转换基金"},"translate_title":"特斯拉削减营销团队，逆转马斯克新生的广告推广","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TSLL":1,"TSLA":1},"content_text":"Ongoing layoffs eliminate new ‘growth content’ team in USEV manufacturer had recently pursued traditional advertisingA Tesla Model STesla Inc. slashed a newly formed marketing team as part of companywide layoffs, reversing course from a traditional advertising push that Chief Executive Officer Elon Musk greenlighted less than a year ago.The company’s “growth content” team in the US, a group of about 40 employees run by senior manager Alex Ingram, was eliminated in the ongoing job cuts, according to people familiar with the matter. Ingram was part of the reduction, one of the people said. The company still has a smaller marketing group in Europe, the person said.There were also significant layoffs in Tesla’s design studio and staff located in Hawthorne, California, said the people, who asked not to be identified discussing private information.Tesla and Musk didn’t respond to requests for comment.The cuts signal a pullback from Tesla’s nascent advertising initiative. The automaker had long eschewed television, radio, print or online ads — and had built a formidable brand largely through word-of-mouth — before Musk said last year that Tesla would “try a little advertising and see how it goes.” Ingram started building the growth team about four months ago.Investors have increasingly called on Musk to focus more on marketing as global EV sales growth has slowed and more competitors have entered the market. Tesla’s embrace of advertising has also broadly coincided with Musk’s acquisition of Twitter, which he’s renamed X. The social-media platform has sought to stem a sharp decline in ad revenue under the new owner, driven by major brands’ unease over content moderation and Musk’s own sometimes-controversial posts.The upheaval in Tesla’s growth team underscores the broad reach of the company’s largest-ever job cuts, which Musk said last week would affect more than 10% of the global workforce. Bloomberg has reported that the figure could be closer to 20% in some divisions, potentially pushing the total number of layoffs beyond 20,000.Tesla’s shares fell 4.7% at 11:00 a.m. in New York. The stock tumbled 41% this year through April 19, the second-worst decline in the S&P 500 Index.","kind":"highlight","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[{"id":298158897778696,"gmtCreate":1713821384743,"gmtModify":1713821390153,"author":{"id":"3576140222331577","authorId":"3576140222331577","name":"Guavaxf30","avatar":"https://static.tigerbbs.com/1ff15ff6aa254c9130f9af922f7e2447","vip":1,"crmLevel":9,"crmLevelSwitch":1,"idStr":"3576140222331577","authorIdStr":"3576140222331577"},"htmlText":"This is another sign of bad decisions made. It goes to show no matter how big you are, once you make errors, you will fall.&nbsp; D- day is coming. The quarterly results will show everything. You may see how bad it all is for Tesla.","listText":"This is another sign of bad decisions made. It goes to show no matter how big you are, once you make errors, you will fall.&nbsp; D- day is coming. The quarterly results will show everything. You may see how bad it all is for Tesla.","text":"This is another sign of bad decisions made. It goes to show no matter how big you are, once you make errors, you will fall. D- day is coming. The quarterly results will show everything. You may see how bad it all is for Tesla.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/298158897778696","repostId":2429920490,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":298068573900976,"gmtCreate":1713799334315,"gmtModify":1713799558566,"author":{"id":"3577882033944507","authorId":"3577882033944507","name":"SL1977","avatar":"https://static.tigerbbs.com/846343ca761b93618fb0332b00e58af9","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":5,"crmLevelSwitch":1,"idStr":"3577882033944507","authorIdStr":"3577882033944507"},"htmlText":"It just show traditional marketing is crap and useless.&nbsp;","listText":"It just show traditional marketing is crap and useless.&nbsp;","text":"It just show traditional marketing is crap and useless.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/298068573900976","repostId":2429920490,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":298066922688656,"gmtCreate":1713799011192,"gmtModify":1713799014506,"author":{"id":"3573467031028576","authorId":"3573467031028576","name":"MrKiasu","avatar":"https://static.tigerbbs.com/c5e1eac1743d6ff0399ae043f2fcf6fd","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3573467031028576","authorIdStr":"3573467031028576"},"htmlText":"Waste time","listText":"Waste time","text":"Waste time","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/298066922688656","repostId":2429920490,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":8,"commentSize":3,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}