Tesla Motors Loses $100 Million On New York Times Piece

HFA Padded
HFA Staff
Published on
Updated on

The New York times Company (NYSE:NYT) has cost Tesla Motors Inc (NASDAQ:TSLA) $100 million, according to the electric car company’s founder Elon Musk. The famed tech entrepreneur made the comments on Bloomberg earlier today. The full video, including those comments, is below. The firm’s earnings report, which came in last week, disappointed investors. Tesla Motors electric car the Tesla Model S was reviewed by the New York Times on February 8. The review was scathing. It portrayed the Model S as unreliable, and almost unusable in cold weather. The company disputed those claims but, according to Musk, it didn’t stop  large…

On This Page

This content is exclusively for paying members of Hedge Fund Alpha

Log In

Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha

Don’t have an account?

Subscribe now and get 7 days free!

HFA Padded

The post above is drafted by the collaboration of the Hedge Fund Alpha Team.