Tesla went from a Cinderalla story to 'horror show': Analyst

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Bearish Sentiments News

Dan Ives,Tesla,Managing Director

Tesla (TSLA) has faced mounting challenges in 2024, garnering increasingly bearish sentiments from major shareholders. The EV maker's stock has fallen almost...

for Tesla CEO Elon Musk. He joins Yahoo Finance to discuss Tesla's recent performance and what the company's future may look like moving forward.

Ives elaborates on his stance:"This is really what I view when when I say 'clock striking midnight' — it comes down for Musk. Navigate the Category 5 storm just like he has in '18, 2020, and other. Otherwise, this is not just 'Trust me,"' because I think that's really the frustration now that, essentially, it went from a Cinderella story, magic carpet ride to what's been a bit of a horror show, especially the last three, four months.

The remote-working cat is out of the bag and "that's what a lot of CEOs today misunderstand,” Dropbox’s cofounder and CEO Drew Houston said.The drive to electrify personal cars in California has, at best, hit a rough patch. The big question is whether current conditions will turn out to be growing pains.NEW YORK — Record numbers of people are starting new businesses, and more and more of them are women and minorities, according to a new study.

White collar workers are losing the work-from-home battle as available high-paying hybrid jobs plunge 40%Toyota Motor has recalled more than 135,000 Prius hybrid cars in Japan due to a problem with rear door handles. It was not immediately clear if Prius cars sold outside Japan were also being recalled. A Toyota spokesperson said that an assembly line which had been suspended due to quality checks for Prius cars will resume production of Corolla compact cars on Thursday.

 

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