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DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Tesla reported its worst earnings in years, a result some described as the worst in the company's history. Despite the disappointing financial report and deteriorating business fundamentals, Tesla's stock price surged, rising approximately 18% to 20% following the earnings announcement. Market analysts attributed the stock's strong performance more to general market conditions, including tariff-related factors and risk-on sentiment, rather than improvements in Tesla's underlying business operations.
Update… Tesla is up 18% this week on a disastrous earnings report, business fundamentals deteriorating as fast as the stock price is accelerating… *more to do with general mkt conditions around tariffs/risk on than anything to do with actual fundamentals of their business, https://t.co/uawDzrLWu6
UPDATE: Tesla $TSLA is now up 20% since its worst earnings report in history https://t.co/b8WtjuRvp0 https://t.co/MntDE9TXv0
When Tesla would post good earnings, the stock would crash. Now they report their worst earnings in years and the market loves it.
