Tesla Stock Punished As Earnings Season Heats Up

Tesla Stock Punished As Earnings Season Heats Up AdrianHancu / iStock Editorial via Getty Images Tesla (Nasdaq: TSLA) stock is off to a bumpy start in 2024, and it’s still early in the year.On Monday, CEO Elon Musk revealed he would be laying off 10% of the company’s global workforce, a move that comes as the EV maker faces heightened competition from China.The layoffs are part of a one-two punch that includes two key Tesla executives announcing their resignations, sending shares spiraling by 8.2% this we ...