Citing expectations for strong auto sales in Q3, some analysts have hiked their forecast for the full year...
Continue ReadingTesla's Full Self-Driving technology and its investment potential can be complex. Click here to read an analysis of TSLA stock prospects...
Continue ReadingTesla has released its third quarter production and delivery figures, which suffered due to downtime in its Austin and Shanghai factories...
Continue ReadingIt is hard to get excited after looking at Tesla's (NASDAQ:TSLA) recent performance, when its stock has declined 11.....
Continue ReadingThe number of new vehicles Tesla delivered in the latest quarter fell short even of Wall Street’s reduced expectations, as planned factory shutdowns crimped production and demand for electric vehicles sagged in the face of high interest rates. Tesla said the decline from the preceding quarter “was caused by planned downtimes for factory upgrades, as discussed on the most recent earnings call”. A forthcoming revamp of the Model 3 and the planned launch this quarter of Tesla’s long-awaited electric pick-up, dubbed the Cybertruck, caused the company to pause production for retooling in the latest quarter...
Continue ReadingTesla held to its forecast for full-year sales volumes of 1.8 million following a weaker-than-expected third quarter update...
Continue ReadingTesla's summertime deliveries of electric vehicles surged 27% from last year but still fell below analyst projections as Elon Musk's car company navigated through softening customer demand as well as factory upgrades. Analysts had predicted Tesla would sell about 461,000 vehicles during the latest quarter, according to FactSet Research. As usual, Tesla's sales consisted primarily of its Model 3 and Model Y vehicles, which have been made even more attractive by rounds of price cutting that have eaten into the company's profit margins...
Continue Reading**↘️** [**Tesla (TSLA)**](https://www.wsj.com/market-data/quotes/TSLA): The car maker's shares slipped 1.4% in morning trading after it reported vehicle sales that [fell quarter-over-quarter](https://www...
Continue ReadingEquities among worst-performing assets in Q3, energy stocks an exception. Nvidia up after EU regulators said no...
Continue ReadingStudent loan payments resume. What does it mean for the economy? Tesla rolls out updated Model Y in China; starting price unchanged. Cigna to pay $172M to resolve Medicare overpayment claims...
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