Sentences with phrase «musk cut»

When Tesla failed to secure a $ 100 - million investment round earlier this month, Musk cut 24 % of the company's workforce and delayed development work on a battery - powered electric sedan, known internally as the «Model S».

Yet when analyst Toni Sacconaghi of Sanford C. Bernstein & Co. asked about capital requirements, Musk cut him off.

Mr. Musk cut off an analyst asking about the company's need to raise additional money from investors.

Musk cut off queries from analysts about the company's capital requirements and whether it was retaining Model 3 reservation holders.

Listen to the earnings call here and hear Musk cut off analysts here.

Musk cut off two analysts, labeling their inquiries «boring» and «dry.»

During a highly unusual earnings call, Elon Musk cut off analysts and got defensive about probing questions pertaining to Tesla's finances.

Tesla shed 5.1 percent, extending losses from Wednesday after Chief Executive Officer Elon Musk cut off analysts asking about the company's profit potential, despite promises that...

Musk cut off analysts» queries about the company's capital requirements and whether it was retaining Model 3 reservation holders, calling the questions «so dry» and «not cool.»

Shares in Tesla took a nosedive in after - hours trading today as Elon Musk cut off analysts during a first - quarter earnings call.

The stock drop may have become apparent around the time when Musk cut off analysts on the call.

Not exact matches

Yet, SpaceX — the spaceflight company created by Telsa founder and PayPal co-founder Elon Musk — had imagined a way to drastically cut the cost of launching anything into space: simply make the rocket re-usable.

The tubes would be elevated on pylons, and generally follow Interstate 5 between San Francisco and L.A. Musk says that would cut down on the cost of land acquisition and rights of way.

Tesla CEO Elon Musk told CNBC that a recent New York Times article claiming that cold weather cuts the mileage on the Tesla electric car is bogus.

Until he recently started cutting back on the former, Musk consumed eight cans of Diet Coke a day, as well as several large cups of coffee.

Struggling to support goals that included beating Elon Musk's Tesla Motors in premium EV making, Jia has been trying to ride out the cash crunch by taking measures such cutting staff numbers and selling assets.

«I have exposure to the very cutting edge AI, and I think people should be really concerned about it,» Musk said at the event.

«On the artificial intelligence front, I have access to the very most cutting edge AI, and I think people should be really concerned about it,» an unusually subdued Musk said in a question and answer session with Nevada governor Brian Sandoval.

Elon Musk's electric car startup finally made the cut after growing sales a whopping 73 % last year.

Musk's premise is that economies of scale, technological advances, and efficiencies at the new plant will cut battery costs by more than 30 %, providing a chunk of the savings needed to sell a Tesla for $ 35,000.

«Most of the good that Tesla will accomplish is by cutting a path through the jungle to show what can be done with electric cars,» Musk said in January during an on - stage interview at the Detroit Auto Show.

Tesla Inc investors gave a rare rebuke to iconoclastic Chief Executive Elon Musk on Wednesday after he cut off analysts asking about profit potential, sending shares down 5 percent despite promises that production of the troubled Model 3 electric car was on track.

Tesla stock was little changed after the earnings announcement but fell during a conference call, when Musk began cutting analysts» questions short, costing Tesla over $ 2 billion in market capitalization.

There might be no more likely path to Tesla's demise than that: Shareholders finally get fed up with Musk and stop cutting him slack, and the company runs out of capital to keep pushing its ambitious plans forward.

Musk's comments on the conference call with analysts were a major source of buzz, with the CEO taking heat for, among other things, cutting off two analysts who were asking questions during the call.

According to Musk, a one - week delay is huge enough to cut as many as 800 cars in the quarterly production of Model X.

When Tesla's CEO Elon Musk reported on the company's first quarter earnings after the close of trading on May 2, 2018, he abruptly cut off analysts» probing questions about the company's cash flow and cash conversion cycle.

Elon Musk, the man behind Tesla and SpaceX, believes the same thing, which is why his company has been working hard on reusable rockets designed to cut the cost of traveling through space on a regular basis.

Mr. Musk said on Twitter this week that the group of economic advisers planned to come to some sort of «consensus» on immigration, and to influence Mr. Trump by engaging directly with him rather than cutting off ties completely.

She also wants a cut of Tesla Motors and a piece of Mr. Musk's stock in his rocket company, SpaceX.

Tesla (NASDAQ: TSLA) earnings will also be in focus after Chief Executive Elon Musk on Wednesday cut off analysts asking about profit potential in the company's first - quarter's earnings call, sending shares down 4 % in after - hours trading, despite promises that production of the troubled Model 3 electric car was on track.

Investors continue to hammer Tesla, a day after founder Elon Musk dumbfounded some on Wall Street by cutting off what the billionaire called «boring, bonehead» questions about the electric car maker's finances during a conference call with stock analysts.

Musk has said that such technology could cut the cost of spaceflight by a factor of 100, perhaps even making Mars colonization economically feasible.

The markets aren't cutting Musk off unless he makes them.

Tesla CEO Elon Musk recently said that the company is looking to start building cars in China as a way to offer its cars to those in the country, with a local factory significantly cutting shipping costs and removing the need for import fees.

Austin: I think you can see a lot of really brilliant minds that are very forward - thinking, like Elon Musk, already proposing that we need to cut the work week back to 30 hours or 25 hours in order to keep full employment, because we can all create a lot more value in a lot more automated way with the way that blockchain will empower us.

Much of his social media followers» humor, Musk commented on his post, stating that he can «fly a helicopter through a cut - out shape of a helicopter the same size as the helicopter.»

Tesla CEO Elon Musk told press that Autopilot will cut accidents by roughly 50 % and the latest update will provide safety improvements by a factor of three over the existing system.

Like fellow tech entrepreneur Elon Musk, founder and chief executive of SpaceX, Bezos says that reusability is the key to cutting the cost of space flight.

When Cuomo cut the state's deal with Musk, neither SolarCity nor Tesla had ever turned an annual profit.

«Musk seems to want to rub Apple's nose in the idea that they are accepting his rejects, implying that they have a lower standard than he does, but I'm sure the circumstances are much less clear cut than that,» he told the E-Commerce Times, «and anyway, that's just a megalomaniac speaking — believing that he controls the universe.»