Tesla CEO Elon Musk recently posted on his social media platform X that he wanted more control of the EV maker—about 25% of the voting stock, he said. Without more control, Musk said he would consider taking new artificial intelligence and robotics products to another company, likely founded by Musk, instead of producing them at Tesla...
Continue ReadingThe first question on the earnings call was about Tesla's next vehicle. Investors want the EV company to make a lower-priced Tesla model, unofficially called the Model 2. “I’m often optimistic” about timing, he said, adding the current schedule is to start production of Tesla's next-generation vehicle toward the end of 2025...
Continue ReadingDespite Challenges, Tesla Achieves Significant Growth and Operational Milestones...
Continue ReadingTesla's earnings conference call began with remarks from CEO Elon Musk. One will disappoint investors. He praised the performance of the Tesla team. Musk is particularly proud that the Fremont, Calif...
Continue ReadingTesla, Inc. (NASDAQ:NASDAQ:TSLA) Q4 2023 Earnings Conference Call January 24, 2024 5:30 PM ETCompany ParticipantsMartin Viecha - VP, IRElon Musk -.....
Continue ReadingThe Nasdaq 100 (^IXIC) and S&P 500 (^GSPC) posted a fifth consecutive day of gains on Wednesday, fueled by mega cap technology stocks. Names like Microsoft (MSFT), AMD (AMD), and Meta (META) propelled the rally, closing the day at record highs. Yahoo Finance's Jared Blikre breaks down the details. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith...
Continue ReadingTesla (TSLA) delivered earnings and revenue surprises of -5.33% and 2.97%, respectively, for the quarter ended December 2023. Do the numbers hold clues to what lies ahead for the stock?...
Continue ReadingShares of Tesla slipped in after-hours trading as investors digested quarterly financial results released [after the close](https://www.wsj.com/business/autos/tesla-tsla-q4-earnings-report-2023-74f30823) that missed Wall Street's projections for earnings per share and revenue...
Continue ReadingCybertruck didn’t get a lot of ink in Tesla’s earnings report. The cost of the Cybertruck production ramp up hit profitability. The company also reiterated its stance that the Cybertruck production ramp up will take “longer than other models given its manufacturing complexity.”...
Continue ReadingStocks (^DJI, ^IXIC, ^GSPC) closed Wednesday's session mixed as tech giants like Nvidia (NVDA) and Microsoft (MSFT) saw gains. Yahoo Finance Julie Hyman and Josh Lipton take a closer look at today's top performers. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Eyek Ntekim...
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