RDK79
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This is another interesting story with a 180 degree twist.
$Tesla(TSLA.US$ reported its earnings on Tuesday. Net profit came in at $1.1 billion, down 55% from the same period last year. Revenue was also down by 9%. After enjoying scorching growth for most of 2022 and 2023, Tesla has encountered a tougher market in recent months as more competitors have introduced rival EVs, leading Elon Musk to multiple price cuts over the last year or so. Recently,...
$Tesla(TSLA.US$ reported its earnings on Tuesday. Net profit came in at $1.1 billion, down 55% from the same period last year. Revenue was also down by 9%. After enjoying scorching growth for most of 2022 and 2023, Tesla has encountered a tougher market in recent months as more competitors have introduced rival EVs, leading Elon Musk to multiple price cuts over the last year or so. Recently,...
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RDK79
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$Tesla(TSLA.US$ $BYD COMPANY(01211.HK$ $NIO Inc(NIO.US$ $XPeng(XPEV.US$
Xpeng: -64% 22k units
BYD (BEV only): -43% 300k units
Nio: -40% 30k units
Li Auto: -23% 102k units
Tesla: -20% 387k units
The article reported the change in number of vehicles sold from Q4 2023 to Q1 2024 (Quarterly% and Q1 2024 thousand units sales). Almost all automakers reported significant QoQ decline which is very common from Q4 to Q1 d...
Xpeng: -64% 22k units
BYD (BEV only): -43% 300k units
Nio: -40% 30k units
Li Auto: -23% 102k units
Tesla: -20% 387k units
The article reported the change in number of vehicles sold from Q4 2023 to Q1 2024 (Quarterly% and Q1 2024 thousand units sales). Almost all automakers reported significant QoQ decline which is very common from Q4 to Q1 d...
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RDK79
commented on
Morning mooers! It is Thursday, April 25th, the market is open and chugging away but dragged down by earnings expectations of the Magnificent Seven.
My name is Kevin travers, and here are the morning moovers today:
MOOVERS
$Meta Platformsfell 13% after the firms earnings beat expectations, climbing 27% year over year, but it's full year revenue outlook came in about $1B lower than expected, at $37B. It ripped down the S&P 500.
$Tyler Technologies, a local gov...
My name is Kevin travers, and here are the morning moovers today:
MOOVERS
$Meta Platformsfell 13% after the firms earnings beat expectations, climbing 27% year over year, but it's full year revenue outlook came in about $1B lower than expected, at $37B. It ripped down the S&P 500.
$Tyler Technologies, a local gov...
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Should have said add last week when it was 20% cheaper…. Another useless bank analyst…
Path: don’t listen to WSJ, CNBC…
Reasons 1, 2, 3: CNBC ‘s interview with Ron Baron! He basically severally exposed cnbc’s unfounded daily anti-Tesla / anti-ev bias.
With his salary why wouldn’t it be..
RDK79 : Listen to the entire earnings call, not cnbc’s summary…