Elon Musk email to Tesla staff: Stock could get crushed like soufflé - Business Insider

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Elon Musk warns Tesla staff that its stock could 'get crushed like a soufflé under a sledgehammer' if the company isn't careful about spending

Its stock price, meanwhile, has risen more than 579% this year, easily outpacing the broader market and making Tesla more valuable than traditional automakers.

"At a time like this, when our stock is reaching new heights, it may seem as though spending carefully is not as important," he said. "This is definitely not true!" Tesla will officially join the S&P 500 in December, and is expected to report its full-year financials in early 2021.At a time like this, when our stock is reaching new heights, it may seem as though spending carefully is not as important. This is definitely not true!

 

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Spending? Like executive salaries?

wow

Crushed like a Dodge Challenger crushes any Tesla

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