简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:Dave Arnold has been with Tesla for two years. He is the latest in a long line of executives who have parted ways with the company as of late.
Tesla is losing another top executive, this time in the communications department. The senior director of communications Dave Arnold is leaving the company.Arnold served the electric-car company for two years. He follows a long line of Tesla executives who have parted ways with the company in the past year.“We'd like to thank Dave for his work in support of Tesla's mission, and we wish him well,” a Tesla spokesperson said in a statement to Business Insider on Wednesday. Arnold will remain at the company for another month while Keely Sulprizio, the director of global communications, takes over his duties.Visit Business Insider's homepage for more stories.Tesla's senior director of communications Dave Arnold is leaving the company. Arnold served the electric automaker for two years.“We'd like to thank Dave for his work in support of Tesla's mission, and we wish him well,” a Tesla spokesperson said in a statement to Business Insider on Wednesday. Arnold will spend another month at the company, while Keely Sulprizio, the director of global communications, takes over his duties.Arnold follows a long procession of Tesla executives who have left the company in the past year.Tesla lost its CFO, Deepak Ahuja, in January. Its general counsel, Dane Butswinkas, left in February after just two months on the job.The high rate of turnover in Tesla's executive ranks is just one of a number of challenges the company is staring down at the moment.Read more: It's time for Tesla to go into stealth mode for the rest of 2019Ongoing production challenges and difficulty shipping its Tesla Model 3 to international markets have weighed heavily on the company's share price. A Tesla analyst at Evercore ISI slashed his target price for Tesla shares to $200 — down from $240 per share — for the second time in a month. On Monday, Tesla shares hit their lowest point since January 2017.Dustups between CEO Elon Musk and US federal regulators have also rattled investors.More recently, Tesla's disappointing first-quarter earnings report did the company no favors with a $702 million loss on the books for the three-month period that ended March 31.Despite the turmoil, Tesla has been able to count some victories. The company recently boosted the size of its latest capital raise from $2.3 billion to $2.7 billion, and AutoTrader named Tesla the most-loved car brand this week.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Elon Musk has issued a stark warning about the US's financial stability, suggesting that the country is heading toward bankruptcy "super-fast" unless drastic measures are taken. The billionaire's financial commentary comes amid Bitcoin's retreat from its anticipated $100,000 milestone. The cryptocurrency recently fell to just above $95,000, down from a high of $99,000.
The global market reacts to various developments, including Tesla's profit miss, China's interest rate cut, Bernard Arnault's net worth decline, and typhoon Gaemi's impact. The Mt. Gox compensation, Lineage Inc.'s IPO, and Netanyahu's speech in the US Congress also influence market dynamics. European banks' mixed performance, Canada's rate cut, and Russia's sanction issues add to the market fluctuations, along with South Korea's GDP contraction and stable oil prices.
Tesla faces ongoing struggles with profit misses, impacting its stock and investor confidence. Meanwhile, Alphabet Inc.'s strong Q2 earnings highlight robust demand in cloud services and advertising. Political developments in the US, with Vice President Kamala Harris rallying support, and India's budget aimed at job creation reflect significant economic shifts. Natural disasters and corporate news, such as Boeing's resumed 737 Max deliveries and Citi's upgrade of Coinbase, also influence market
With money and willfulness, Musk buys Twitter for $43 billion this week