Unfortunately, investors who are getting that feeling that Tesla's (TSLA) stock could drop even further this year are not alone as it lands a Zacks Rank #5 (Strong Sell) and the Bear of the Day...
Continue ReadingThe Cox Automotive affordability index—which adjusts for vehicle prices, income, and interest rates—came in at 37.1 in March, down about 10% from peak levels, but up about 10% from typical levels from before the pandemic. The average incentive offered by Tesla equaled almost 12% of average transaction prices in March. Incentives at Polestar and Lucid both came in around 14% of average transaction prices...
Continue ReadingThe Zacks Consensus Estimate for Tesla's (TSLA) Q1 earnings and revenues is pegged at 47 cents per share and $22.7 billion, respectively...
Continue ReadingTesla stock dropped 5.6% Monday, losing almost $10 and closing at $161.48 following news that Tesla would lay off more than 10% of its 140,000-strong workforce. Tesla stock hadn’t traded below $160 since May 2023. The declines leave Tesla stock down about 37% year to date...
Continue ReadingTesla (TSLA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations...
Continue ReadingStock Market Today: The Dow Jones rebounded ahead of Fed Chairman Jerome Powell's comments. Tesla stock sold off sharply...
Continue ReadingThere's been even more drama than usual at Tesla lately: jobs cuts, executive departures, once-core projects sidelined. With shares trading at their lowest for 2024, this is what the news might all mean: Tesla Is Running Out of Time to Deliver on Self-Driving PromisesThe electric-vehicle pioneer seems to be shifting its growth hopes to the unproven technology of automated driving...
Continue ReadingTesla's global job cuts include reducing staff in the U.S. and China, the automakers' two biggest markets, across sales, tech, and engineering...
Continue ReadingCompanies in The News Are: TSLA, GS, SCHW, CRM, INFA...
Continue ReadingFutures rose on UnitedHealth earnings after Monday's ugly market reversal. Tesla is set to undercut lows after its "dark day."...
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