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A former Tesla manager, Matthew LaBrot, has publicly criticized Elon Musk, claiming his leadership is stifling the company's growth. In an open letter titled “Tesla Employees Against Elon,” LaBrot described Musk's comments about prioritizing Tesla over DOGE as “tone-deaf and insulting,” asserting that he was fired for speaking out.
BNP Paribas Real Estate is relocating its Cambridge office to M&G Real Estate’s Brooklands campus, occupying 1,700 sq ft in the B1 building. CEO Etienne Prongué emphasized the move reflects a commitment to a regional model and the importance of Cambridge as a hub for knowledge-led business, while Dan Scott highlighted the focus on creating an inspiring environment for growth.
A Tesla manager, Matthew LaBrot, claims he was fired for criticizing Elon Musk's leadership, which he believes is damaging EV sales. LaBrot argues that Musk's involvement with DOGE has harmed the Tesla brand, leading to a significant drop in U.S. sales despite overall EV market growth. He contends that Musk's return to focus on Tesla is an insult to employees who have managed the company during challenging times.
BNP Paribas Real Estate, in collaboration with Strutt & Parker, is set to relocate its Cambridge offices to the Brooklands development. This move is part of the company's ongoing investment in refreshing its regional office spaces.
Tesla employees are increasingly vocal about their concerns regarding CEO Elon Musk, attributing a significant decline in demand to his leadership and politicization of the brand. An open letter from current and former staff calls for Musk's resignation, stating that the company's issues stem from leadership rather than product quality. Amidst these challenges, some employees have faced repercussions for speaking out, highlighting a growing divide within the company.
Tesla's stock plummeted 43% from December 2024 to May 2025, driven by a 24% drop in Q1 vehicle deliveries and a 40% decline in earnings per share. Amidst a slowing electric vehicle market and fierce competition, Musk has advised Texas workers to take an unusually long week off, reflecting production inconsistencies. Analysts remain divided on Tesla's recovery prospects, while Musk's influence in government raises concerns about potential conflicts of interest.
BlackBerry Limited reported $0.03 earnings per share for the previous year, while analysts predict a -0.03 EPS for the current fiscal year. Insider trading saw SVP Jennifer Armstrong-Owen sell nearly 30,000 shares, reducing her stake by 41.39%. Institutional investors hold 54.48% of the stock, with a current average price target of $4.12.
Swiss CEOs and board members, including UBS's Sergio Ermotti and Holcim's Jan Jenisch, often receive significantly higher compensation than reported due to undervalued share portfolios. For instance, Ermotti's 2023 earnings could have reached CHF 18.4 million if shares were valued accurately, while Jenisch's total compensation included CHF 48 million, largely from stock options. Roche's Severin Schwan and Nestlé's Mark Schneider also illustrate this trend, with substantial portions of their pay linked to undervalued shares.
Matthew Labrot, a former Tesla manager, was fired for creating a website titled "Tesla Employees Against Elon," which criticized CEO Elon Musk and called for his replacement. Labrot expressed concerns over Musk's political actions and their impact on Tesla's sales, claiming the company's leadership failed to address employee protests effectively. Following his dismissal, Labrot continued to protest against Musk, highlighting the company's struggles with declining profits and unsold inventory.
Roper Technologies, Inc. reported a quarterly earnings per share of $4.78, exceeding estimates, with a net margin of 22.01% and a year-over-year revenue increase of 12%. The company declared a quarterly dividend of $0.825, yielding 0.57%, and has a market cap of $61.75 billion. Analysts maintain a "Moderate Buy" rating, with a consensus target price of $620.91.
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former tesla manager blames elon musk for declining sales
06:39 13.05.2025
bnp paribas real estate relocates office to brooklands campus in cambridge
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Tesla manager claims firing for blaming Elon Musk for declining sales
14:02 12.05.2025
bnp paribas real estate relocates offices to brooklands development in cambridge
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Tesla employees call for Musk's resignation amid declining demand issues
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Tesla stock plummets amid Musk's political entanglements and production challenges
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blackberry reports earnings decline as insider selling raises concerns
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Swiss executives benefit from undervalued share portfolios boosting their earnings
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06:04 11.05.2025
Tesla employee fired for criticizing Elon Musk and launching protest website
23:12 10.05.2025
Roper Technologies reports strong earnings and announces quarterly dividend increase
11:05 10.05.2025
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