Musk: willing to discuss the merger of Tesla and its competitors

category:Finance
 Musk: willing to discuss the merger of Tesla and its competitors


At present, the market value of Tesla has exceeded the $500 billion mark, which is far higher than the market value of traditional car companies such as BMW, Daimler and Volkswagen. Despite the popularity of the market, musk warned in an internal letter on Tuesday December 1 that Tesla must control costs to maintain quarterly profits. According to an internal e-mail sent to employees obtained by CNBC, musk said that investors had great trust in Teslas future profitability, but once they thought the profitability did not meet expectations, Teslas share price would immediately shatter like a huffley hit by a sledgehammer.. At the beginning of 2020, in the context of weak sales in the global automotive industry, Tesla has recently temporarily cut staff salaries, reduced the number of temporary employees, and laid off staff. But musk did not specify in the email how he would control the budget. Source: Wall Street news editor in charge: Zhong Qiming_ NF5619

At present, the market value of Tesla has exceeded the $500 billion mark, which is far higher than the market value of traditional car companies such as BMW, Daimler and Volkswagen.

Despite the popularity of the market, musk warned in an internal letter on Tuesday December 1 that Tesla must control costs to maintain quarterly profits.

According to an internal e-mail sent to employees obtained by CNBC, musk said that investors had great trust in Teslas future profitability, but once they thought the profitability did not meet expectations, Teslas share price would immediately shatter like a huffley hit by a sledgehammer..

At the beginning of 2020, in the context of weak sales in the global automotive industry, Tesla has recently temporarily cut staff salaries, reduced the number of temporary employees, and laid off staff. But musk did not specify in the email how he would control the budget.