Ha! They don't have the cash. Tesla saw negative $1.5 billions cash outflow last quarter. And there will be more this coming quarter arising from all the recent actions of headcount reductions and shuttling down of operations like the Supercharger and the cancelling of the gigafactory.

Elon Musk Wowed By Apple's Biggest Stock Buyback — Will Tesla Follow Suit Or Remain Stuck In "Category 5" Storm?

ZINGER KEY POINTSApple added $180 billion in market cap after it announced the largest buyback in history.Big techs are ramping up buybacks, with the U.S. stock repurchases set to cross $1 trillion for the first time ever this year.Apple Inc. reporteda modest beat on its quarterly earningsand issued June-quarter revenue guidance that wasn’t as bad as feared. The stock, however, took off thanks to the company’s generous shareholder return plan. Apple hiked its quarterly dividend by 4.17% and anno
Elon Musk Wowed By Apple's Biggest Stock Buyback — Will Tesla Follow Suit Or Remain Stuck In "Category 5" Storm?

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  • zookz
    ·05-07
    It's clear that Tesla is facing some challenges with their cash flow.
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  • henshengqi
    ·05-07
    Could be a temporary setback.
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  • glitzy
    ·05-07
    Stay optimistic!
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