Tesla Inc. is a car manufacturer that pitches itself, very successfully, as a technology hothouse. So perhaps it will take the most tech-like step possible in 2024: Announce a big stock buyback. Conversely, Tesla is a tech wannabe that is, in essence, a car manufacturer. In which case, maybe it will … launch a buyback.1

Tesla’s stock has had a miserable couple of months, dropping by roughly a quarter since its most recent peak in late December and risking its membership of the stock market’s Magnificent Seven. Meanwhile, that Detroit dinosaur General Motors Co. has been racing along since it announced a $10 billion buyback in November.

QOSHE - Elon, It’s Time for a Tesla Buyback. Ugh. - Liam Denning
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Elon, It’s Time for a Tesla Buyback. Ugh.

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16.02.2024

Tesla Inc. is a car manufacturer that pitches itself, very successfully, as a technology hothouse. So perhaps it will take the most tech-like step possible in 2024:........

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