Tesla shares rise 3-7% after earnings miss, to accelerate launch of affordable models

TipRanks@TipRanks

2 years ago

Tesla $TSLA has gained 6% in after hour trading, despite posting lower than expected results for their Q1. The company saw their largest revenue decline since 2012. #tesla #stockmarket https://t.co/lIBcEBuQ6Y

Yahoo Finance@YahooFinance

2 years ago

$TSLA stock surges despite earnings miss, as EV-maker will 'accelerate' the launch of cheaper cars https://t.co/dUwcO1WfYi by @Pras_S 💵 Revenue: $21.3B vs $22.31B expected 💲 Adj. EPS $0.45 vs $0.52 expected ➡ Free cash flow: -$2.5B vs $653M expected https://t.co/jPnS7tVg9p

The_Real_Fly@The_Real_Fly

2 years ago

Tesla misses by $0.04, misses on revs, gross margin down 199 bps yr/yr, reiterates that in 2024, vehicle volume may be notably lower than the growth rate achieved in 2023 $TSLA