Tag TSLA
Tesla is set to report quarterly earnings results after the markets close on Tuesday, April 23...
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The S&P 500 rebounded Monday, led by Ford, United Airlines and megacap AI stock Nvidia. Verizon and Tesla were notable losers...
Continue ReadingTesla is expected to report its lowest gross profit margin in more than six years on Tuesday after a chaotic week that included major layoffs, vehicle price cuts and urgent calls by investors for clarity on product strategy. Tesla's chief, Elon Musk, likely will face pointed questions from investors on the post-results conference call about the fate of the so-called Model 2, a low-cost vehicle he had promised in January would be available in 2025. Reuters exclusively reported on April 5 that Tesla had scrapped plans for the model and shifted focus to building a self-driving robotaxi on the same small-car platform...
Continue ReadingSlowing growth in demand for electric vehicles means lower prices for EVs and the stocks of companies that make them. Tesla highlights the issue. On Saturday, it lowered prices for its cars in the U.S. It did the same in China on Sunday...
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Tesla will report Q1 earnings after the bell on Tuesday, giving a much-needed update on the EV maker’s current and future prospects as investor sentiment slides...
Continue ReadingSector Update: Consumer Stocks Advance in Afternoon Trading...
Continue ReadingThe Dow Jones gained on the stock market today. Tesla CEO Elon Musk spoke out amid price cuts. A bitcoin stock surged on a bullish call...
Continue ReadingTesla is having trouble selling electric cars. Is it having even more trouble selling FSD?...
Continue ReadingTesla is hitting fresh 52-week lows ahead of Q1 earnings Tuesday as Elon Musk keeps hinting at refocus...
Continue ReadingAs big names in tech Amazon (AMZN) and Microsoft (MSFT) gear up to report their latest quarterly earnings, many on Wall Street look towards this week for a signal as a to how the market may move, considering the weight of these companies within the S&P 500 (^GSPC). But, could there be more to the story for the tech sector? TPQ Advisory Founder & CIO Jay Pelosky joins Yahoo Finance to give insight into the performance of the tech sector and why he is looking outside of the US for opportunities in the tech sector. Pelosky offers his views on China's tech sector: "We're more keen on tech outside the United States, and in particular, in China. And so, we have identified what we call a two-tech stack divide between the US and China, where both countries are basically sealing off their tech sectors from each other, and we think that creates a real opportunity within China tech, which has been a huge laggard versus the US. Its e-commerce market is twice the size of the US, growing at 10% per annum, and the stocks, like Alibaba (BABA), Tencent (0700.HK), etc, are trading at a 50 to 60% discount to the United States tech stocks." For more expert insight and the latest market action, click here to watch this full episode. This post was written by Nicholas Jacobino...
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