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Benefiting from a buying rush by U.S. consumers ahead of the expiration of government EV tax credits, $Tesla (TSLA.US)$ ’s third-quarter revenue rebounded sharply and beat expectations, but pressure on profitability did not ease.
Third-quarter revenue shook off the prior quarter’s double-digit slump with a double-digit year-over-year increase, while EPS fell by more than 30% year over year—worse than Wall Street had anticipated—reflecting the im...
Third-quarter revenue shook off the prior quarter’s double-digit slump with a double-digit year-over-year increase, while EPS fell by more than 30% year over year—worse than Wall Street had anticipated—reflecting the im...
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$Tesla (TSLA.US)$'s third-quarter earnings missed analysts' estimates as operating margin shrank amid record deliveries and energy storage deployments.
Revenue jumped 12% to 28.095 billion in the third quarter, surpassing the average analyst estimate by 6.6%, according to Bloomberg consensus. Still, adjusted earnings fell 31% to 50 cents, missing the average analyst estimate of 54 cents a share, according to Bloo...
Revenue jumped 12% to 28.095 billion in the third quarter, surpassing the average analyst estimate by 6.6%, according to Bloomberg consensus. Still, adjusted earnings fell 31% to 50 cents, missing the average analyst estimate of 54 cents a share, according to Bloo...
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$Tesla (TSLA.US)$ dropped 1.26% to USD439.62 amid increasing competition in China's EV market and dropping market share of Tesla. October's figure recorded a fall of 36% of sales in China. In the latest AI-powered video on SocGen DLC website, see how this momentum could shape near-term trading opportunities. The video also covers DLC strategies, both Long and Short for your reference.
Long DLCs:
$TESLA 3xLongSG261006 (TSYW.SG)$ $TESLA 3xLongSG261204US$ (TSTW.SG)$
...
Long DLCs:
$TESLA 3xLongSG261006 (TSYW.SG)$ $TESLA 3xLongSG261204US$ (TSTW.SG)$
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$Tesla (TSLA.US)$
Tesla gained a massive vote of confidence on its proposed $1 trillion compensation plan for CEO Elon Musk from the State Board of Administration of Florida (SBA) on Monday.
On Monday, the SBA submitted a filing to the Securities and Exchange Commission (SEC) stating that it would vote to support Musk's compensation plan, just as it did with the 2018 performance award and its second vote last year.
It also o...
Tesla gained a massive vote of confidence on its proposed $1 trillion compensation plan for CEO Elon Musk from the State Board of Administration of Florida (SBA) on Monday.
On Monday, the SBA submitted a filing to the Securities and Exchange Commission (SEC) stating that it would vote to support Musk's compensation plan, just as it did with the 2018 performance award and its second vote last year.
It also o...
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$Tesla (TSLA.US)$
Bank of America (BofA) has increased on Wednesday its price target on Tesla by 38.1% citing the developments in the AI field, namely on the Robotaxi service.
The new target of $471 (up from $341) implies a slight upside of about 2% based on Tuesday's closing price. The analyst maintained a Neutral rating on the stock.
My Take:
1. BofA analyst Federico Merendi is considered one of the co...
Bank of America (BofA) has increased on Wednesday its price target on Tesla by 38.1% citing the developments in the AI field, namely on the Robotaxi service.
The new target of $471 (up from $341) implies a slight upside of about 2% based on Tuesday's closing price. The analyst maintained a Neutral rating on the stock.
My Take:
1. BofA analyst Federico Merendi is considered one of the co...
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$Tesla (TSLA.US)$
My Take
I shared this YT video to remind us how ridiculous Wall Street's EPS forecast for Tesla can be. The leftist media will quickly share this data with a (negative) sensationalized headline. As a long-term investor, it is important to read from different sources and compare to have a balanced view. The YT is made by a blogger, Dayu who post updated information about Tesla frequently. He used si...
My Take
I shared this YT video to remind us how ridiculous Wall Street's EPS forecast for Tesla can be. The leftist media will quickly share this data with a (negative) sensationalized headline. As a long-term investor, it is important to read from different sources and compare to have a balanced view. The YT is made by a blogger, Dayu who post updated information about Tesla frequently. He used si...
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$Tesla (TSLA.US)$
Tesla's downward trajectory of sales in the European market continued in Sep as sales fell despite Model Y being the best-selling vehicle in the region.
According to data published by the European Automobile Manufacturers' Association (ACEA) on Tue, Tesla sold 39,837 units during Sep in the region, a 10.5% YoY decline from last year's 44,502 units. Tesla's YTD sales clock in at 173,694 units in th...
Tesla's downward trajectory of sales in the European market continued in Sep as sales fell despite Model Y being the best-selling vehicle in the region.
According to data published by the European Automobile Manufacturers' Association (ACEA) on Tue, Tesla sold 39,837 units during Sep in the region, a 10.5% YoY decline from last year's 44,502 units. Tesla's YTD sales clock in at 173,694 units in th...
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$Tesla (TSLA.US)$
Alphabet's autonomous cab service Waymo CEO Tekedra Mawakana took a swipe at Tesla and its autonomous driving pursuits as the Robotaxi race heats up in the U.S.
Speaking at a media event hosted by Techcrunch on Mon, Mawakana was asked for her view on AV companies working towards ensuring safety on the road. "I think there is a responsibility if you're g...
Alphabet's autonomous cab service Waymo CEO Tekedra Mawakana took a swipe at Tesla and its autonomous driving pursuits as the Robotaxi race heats up in the U.S.
Speaking at a media event hosted by Techcrunch on Mon, Mawakana was asked for her view on AV companies working towards ensuring safety on the road. "I think there is a responsibility if you're g...
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