Fool.com contributor Parkev Tatevosian discusses what the cost-cutting move could mean for Tesla (TSLA -4.80%) stock investors.
*Stock prices used were the afternoon prices of April 14, 2024. The video was published on April 16, 2024.
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Huge News for Tesla Stock Investors
By Parkev Tatevosian, CFA
–
Apr 17, 2024 at 11:00AM
NASDAQ: TSLA
Tesla
Market Cap
$619B
Today's Change
(-4.80%) -$9.31
Current Price
$184.74
Price as of April 30, 2024, 2:26 p.m. ET
Tesla is slashing roughly 14,000 jobs worldwide.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tesla. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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