Tag: Tesla earnings

Tesla announced on Wednesday that it has slashed the prices of its Model S and Model X cars in China by as much as 6.9%. This comes after concerns emerged about the EV maker's profit margin in the Chinese market. A post from Tesla on...

U.S. stocks edged lower on Thursday following the release of Tesla's Q1 earnings report. The electric vehicle maker disappointed observers by reporting a lower-than-expected first-quarter profit. Futures on the S&P 500 fell by 0.62% on Thursday, while those on the Dow Jones Industrial Average declined...

Electric vehicle maker Tesla reported disappointing first-quarter earnings results on Tuesday that saw the company miss out on total gross margin estimates. This sent the company’s stock on a downward trajectory in after-hours trading and a dip of more than 4%. Tesla reported revenue of...

Investors have shifted their focus to the likes of Netflix, Tesla, Goldman Sachs, and Bank of America as a busy week of quarterly earnings reports is expected to get underway. These earnings results are expected to provide some guidance on the direction of the U.S....

Tesla shares were up by nearly 4% during early afternoon trading on Friday after the electric vehicle maker reported strong sales in China. The company reported wholesale shipments of 74,402 vehicles from its factory in China. This is a 32% rise from a year...

Tesla Inc reported on Monday that it had achieved record production and delivery figures for its electric vehicles during the fourth fiscal quarter. Still, the company's performance missed Wall Street estimates after struggling with logistical issues, slow demand, and continually rising interest rates. 405,278 electric...