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DeepNewz, mobile.
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Tesla's share price has plummeted, with shares hitting a new yearly low and down 40% in 2024. Operating profit is expected to plunge by 40% with the first revenue decline in four years. The downtrend may lead to Tesla being valued the same or less than Toyota. Earnings report forecasts revenue at $21.48 billion (down 14% YoY) and EPS at $0.56 (down 35% YoY). Tesla stock is down 43% in 2024, with delivery numbers also showing a decline in Q1 2024 compared to Q4 2023.
It's officially Tesla earnings day: Tesla stock, $TSLA, is currently down 43% in 2024 and having its worst start to a year on record. Most recently, Tesla reported delivery numbers that were down 20% in Q1 2024 compared to Q4 2023. Can Tesla turn things around today? https://t.co/1rMjwXE793
Tesla earnings today. $TSLA https://t.co/QOS0XjlCeO
TESLA EARNINGS COME OUT TOMORROW AT 4:05 PM ET $TSLA EXPECTED NUMBERS REVENUE -> $21.48 BILLION ( DOWN 14% YoY ) EPS -> $0.56 ( DOWN 35% YoY ) https://t.co/JxWS7zXWhE