Tesla (TSLA) is rehiring back some of its Supercharger team which were laid off last month, according to Bloomberg. This comes after CEO Elon Musk posted on X (formerly Twitter) that the EV maker was all in on expanding its Supercharger network with an investment of over $500 million in spite of headcount reductions and recent executive departures.
ROTH Capital Senior Research Analyst Craig Irwin sits down with Catalysts to talk about Tesla’s Supercharger road map and which areas the auto company should be prioritizing.
They got to show they can they can get growth going again right? When you decline 7 or 8% you’ve got to actually show that you can get to positive growth again. That’s not particularly easy. They’re going to have to cut price, they’re going to have to be aggressive,” Irwin states. “And they’re going to have to lay out a path to the mini car, the cyber taxi, robotaxi, whatever it’s going to be. Where’s the growth going to come from? they’ve got a lot of work to do with investors.”
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
– Get the latest news and data at finance.yahoo.com
– Download the Yahoo Finance app on Apple ( or Android (
– Follow Yahoo Finance on social:
X:
Instagram:
TikTok:
Facebook:
LinkedIn:
