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Tesla Shares Fall on Sharp Decline in 2Q Profit, EV Sales
Shares of Tesla fell Thursday, a day after the company said electric vehicle sales continued to decline. Chief Executive Elon Musk said on the earnings call that the EV business is slumping while its autonomous vehicle business hasn't taken off yet. "We probably could have a few rough quarters. I'm not saying we will, but we could," Musk said.
Tesla shares fall after rocky financial year
Shares in Elon Musk’s electric car company Tesla dropped sharply this morning, after it reported more disappointing financial results late last night. Falling sales drove profits down by more than a fifth in the second quarter. The company says it plans to build cheaper cars and focus more on self-driving taxis in future.
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Elon Musk loses KSh 2.2 trillion in wealth as Tesla shares fallThe world's richest man, Elon Musk, suffered more than $17 billion (KSh 2.2 trillion) cut from his wealth, currently ...
AI positivity drove Alphabet's shares to new heights, but Musk's "rough quarters" warning saw Tesla's share price slump ...
Nelson downgraded the company’s stock to a neutral rating in April. But even some of the Tesla bulls on Wall Street are ...
Tesla shares dropped more than 9% in Thursday's Wall Street session after falling in the after-market session on Wednesday.
Tesla CFO Vaibhav Taneja warned that the One Big Beautiful Bill, passed by the Congress recently, would impact Tesla's ...
Tesla shares took a hit Thursday after the company reported a 16% decline in automotive sales and a 12% decline in total revenue for the second quarter compared with one year ago.
The fallout from Elon Musk's plunge into politics a year ago is still hammering his Tesla business as both sales and profits ...
Shares of the EV maker pared losses and traded close to flat in afterhours trading, following results that showed net income ...
2d
Texas Instruments shares are sliding more than 12% after the semiconductor company beat earnings expectations but delivered what analysts considered [downbeat comme ...
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