|Bid||5.340 x 34000|
|Ask||5.350 x 119100|
|Day's Range||5.280 - 5.370|
|52 Week Range||3.790 - 5.530|
|PE Ratio (TTM)||33.47|
|Dividend & Yield||0.04 (0.75%)|
|1y Target Est||N/A|
The internet radio company elevates finance chief Naveen Chopra to serve as interim CEO while it looks for a permanent chief executive to replace Tim Westergren.
Music streaming service Pandora Media Inc's co-founder Tim Westergren stepped down as chief executive and board member as part of a management shuffle. Pandora said on Tuesday President Mike Herring and Chief Marketing Officer Nick Bartle are also leaving the company. Westergren, who co-founded Pandora in 2000, served as its CEO and president from May 2002 to July 2004, before returning to lead the company last year.
Reports suggest that Tesla (TSLA) is preparing to offer a streaming music service to its drivers. Morgan Stanley's Adam Jonas and team explain: Tesla wants to be more than a 'dumb pipe.' We forecast that, by 2030, Tesla will have approximately 7 million units in private ownership and that Tesla Mobility will have just shy of 2 million vehicles executing around 120 billion vehicle miles per year with total passenger miles perhaps a multiple of this figure.