Tesla Stock Is Down 8%. Earnings Call Lacked Meat.
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Tesla, Elon Musk
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President Donald Trump took a break from his bitter public feud with Elon Musk by offering support to Tesla in an early morning post on Truth Social.
Tesla shares are down in premarket trading Thursday as more disappointing sales data is dragging on the stock along with the lackluster second-quarter earnings report Tesla released after the closing bell on Wednesday.
Tesla is facing stiffer competition globally from electric vehicle players, especially low-cost competitors from China.
At the risk of sounding like investing guru Cathie Wood, Tesla (NASDAQ:TSLA) has a clear path to be a $20 trillion stock. The pioneer in electric vehicles (EVs) and sustainable energy has transformed the automotive industry since its founding 22 years ago,
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The electric vehicle revolution has created massive winners, but the next decade could see a dramatic reversal of fortunes. One overlooked giant is already laying the groundwork.
Not a very good showing for Tesla despite largely in-line second-quarter earnings. The stock is losing more than 4% in the extended session, and investors got spooked by Elon Musk's final words about potential "rough quarters" ahead for Tesla.
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Tesla shares tumbled in extended trading Wednesday after the EV maker's quarterly results fell short of Wall Street’s expectations and CEO Elon Musk warned of a "few rough quarters" ahead. Monitor these key chart levels.
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TipRanks on MSNTesla or Alphabet: Bank of America Picks the Superior ‘Magnificent 7’ Stock to Buy After EarningsEarnings season is in full swing, and the numbers are coming in strong. Roughly 83% of S&P 500 companies that have reported so far have topped
The selloff in Tesla's stock is wiping out nearly $100 billion of the EV maker's market cap, and reducing CEO Elon Musk's wealth by more than $12 billion. Tesla's quarterly 10Q filing showed that there were 3.