This marks the second earnings miss in a row fro the EV leader, following 10 straight earnings beats in the quarters prior...
Continue ReadingTesla 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 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 ReadingTesla, Inc.'s Q4 results missed expectations, with weaker growth and declining margins affecting TSLA's financial performance. Click for my Q4 earnings review...
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