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Tesla Shares Fall on Sharp Decline in 2Q Profit, EV Sales
Shares of Tesla fell Thursday, a day after the company said electric vehicle sales continued to decline. Chief Executive Elon Musk said on the earnings call that the EV business is slumping while its autonomous vehicle business hasn't taken off yet.
Tesla Stock Falls After EV Maker Reports 16% Profit Drop
Elon Musk's electric-vehicle maker reported a 12% drop in quarterly revenue, and a steeper decline in net income. + Musk highlighted plans to release a lower-priced Model Y electric vehicle, spoke about his hopes for a new pay package and talked up plans to roll out Tesla robotaxis more widely.
Amazon S3 on MSN5h
Tesla Stock Slides After Missed Estimates, Sales Decline, and Musk Warns of Rough QuartersTesla shares fell 8% on Thursday after the company reported its second consecutive quarter of declining auto sales and missed ...
Tesla is facing stiffer competition globally from electric vehicle players, especially low-cost competitors from China.
StockStory.org on MSN7h
Why Tesla (TSLA) Stock Is Up TodayWhat Happened? Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) jumped 3.9% in the afternoon session after CEO Elon Musk backed a claim that the company could reach a staggering $20 trillion ...
Gary Black expressed skepticism about Tesla's robotaxi test in SF. Black says FSD cannot be fully autonomous until safety ...
Tesla is facing a rough path ahead and will likely struggle unless Elon Musk fixes his public image, longtime investor Ross ...
The company reported the steepest decline in quarterly revenue in more than a decade, with a 12% fall, as it battles strong ...
Tesla reported another quarter of reduced profits after Elon Musk’s stint in the Trump administration. The president’s tax ...
Tesla shares took a hit Thursday after the company reported a 16% decline in automotive sales and a 12% decline in total ...
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