CNBC's "Fast Money" cover image

How the Mighty Have Fallen, and the Skinny on Lilly 8/7/23

CNBC's "Fast Money"

00:00

Tesla's CFO Is Stepping Down

The company has cut prices on its current models, including prices being cut between $5 and $12,500. Phil: This speaks to the fact that we've seen a number of executives leave Tesla over the last several years. The bounce in the after hours is just what we lost today. And it's still probably trades close to 12, 13 times revenue.

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