Tesla Touches Two-Year Low as Musk Puts a ‘Hardcore’ Cost Focus

Bloomberg | May 17, 2019 at 3:47 PM
  • Tesla Inc. sank to a two-year low after Chief Executive Officer Elon Musk told employees that effective immediately he and the electric carmaker’s new chief financial officer will be scrutinizing every dollar the company spends in a “hardcore” focus on costs.