Tesla shares fell 4% ahead of the IPO after reports that Chief Executive Elon Musk wanted to cut 10% of jobs at the automaker. Musk also said in the email that he has “super bad” feelings about the economy.
At the same time, many fans have left messages under Musk's social media accounts to verify the authenticity of the news that Tesla is laying off 10% of the workforce, but Musk was calm and did not reply to this, instead talking about the election of a certain city in the United States. Candidates and their political leanings.
More than 750 complaints point to Tesla
The National Highway Traffic Safety Administration said the agency had received 758 complaints about Tesla's braking accident, more than doubling since February, and Tesla has until June 20. Respond to questions about Autopilot braking.
Earlier this year, the National Highway Traffic Safety Administration announced a new review of Tesla's driver assistance software. S&P Dow Jones Indices removed Tesla from its S&P 500 ESG Index in May because some accidents were believed to be related to Tesla's Autopilot system and other issues.
To make matters worse, Wall Street's disapproval of Tesla's stock price is also increasing. Goldman Sachs, a well-known investment bank, recently directly lowered its target price for Tesla from $1,200 to $1,000. Daiwa Securities lowered its price target on Tesla to $800 from $1,150.
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