Tesla's stock could 'get crushed like soufflé under sledgehammer': Musk
Tesla CEO Elon Musk in an e-mail to his employees warned that the electric carmaker's stock could "get crushed like soufflé under a sledgehammer" if costs are not cut. "When looking at our actual profitability, it is very low at around 1% for the past year," Musk wrote. Tesla shares are among the best performers in 2020, rising nearly 600%.