Topic: shareholder pressure

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  • Tesla Slashes Ad Spending on X to Near Zero
    September 5, 2025
    70%

    Tesla Slashes Ad Spending on X to Near Zero

    Tesla has significantly cut its advertising spending on X, with a projected annual budget of only $60,000 for 2025 compared to $400,000 in 2024. The company shifted from relying on organic buzz to experimenting with paid ads in 2023 but has now reduced its investment on X while maintaining ads on...

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  • Faraday Future Under SEC Scrutiny After 3-Year Investigation
    July 17, 2025
    55%

    Faraday Future Under SEC Scrutiny After 3-Year Investigation

    Faraday Future faces potential SEC enforcement actions over alleged misleading statements during its 2021 SPAC merger, with founder Jia Yueting and president Jerry Wang receiving formal notices. The SEC found possible violations of federal securities laws, including inaccurate disclosures and und...

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Related Topics

spacex payments (1) leadership changes (1) megapack batteries (1) sec investigation (1) sales struggles (1) faraday future fraud allegations (1) security costs (1) jia yuetings role (1)