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After another turbulent week, Tesla finds itself facing a multitude of challenges including declining sales, a slumping stock price, and significant layoffs. With continuous chaos, Tesla’s stock took a massive hit Monday as it saw its seven consecutive days, reaching its lowest point since January 2023 and totaling a 43% drop this year. However, optimism within the company seems to be recently on the rise as the stock has rebounded and risen over 22% the remainder of the week.


Tesla cutting around 2,700 jobs in Austin and more than 3,300 in California as part of broad restructuring | CNBC

Tesla shares rise ahead of quarterly results | Reuters

Tesla shares tumble on price cuts in run-up to earnings | Reuters

Tesla to recall 3,878 Cybertrucks over faulty accelerator pedal, NHTSA says | Reuters


Wall Street wants answers from Elon Musk on Tesla's Model 2 car | Reuters