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Tesla Chief Executive Elon Musk suggested over the weekend that Warren Buffett's Berkshire Hathaway should purchase Tesla stock.
Elon Musk's Tesla has been under pressure from dropping sales and an intensifying price war among automakers.
Here's everything you need to know about the electric vehicle maker's week.
Electric-vehicle maker Tesla has launched another round of layoffs including staff from the software, service and engineering departments, Electrek reported on Monday, citing emails and sources familiar with the matter.
At the start of a new week, investors will be weighing the impact of a new Model Y version on Tesla's sales and earnings.
Tesla stock could rally from here if its full self-driving (FSD) price cuts boost subscription sales this year. Beginning to sell a lower priced EV model next year is also likely key for a successful investment.
Wood believes the Magnificent Seven trade has become crowded. She believes Tesla is no longer included in the group of elite tech stocks.
The electric vehicle (EV) market continues to suffer from key demand risks. Interest rates in the United States and abroad remain elevated and will likely remain as such for some period of time.
Tesla dropped the Model Y Rear-Wheel Drive, which had been its cheapest variant. The new Long Range RWD costs $2,000 more.
Tesla's energy storage business just reported record sales and profit, and management expects that strength to continue. Its autonomous driving software has collected over 1.3 billion miles of driver data, providing the company with a massive edge over the competition.