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Investors appear to be questioning the valuation after the stock jumped nearly 40% over the four sessions after the election. As of 2:56 p.m. ET, the stock was down 5%. A Tesla Model 3 on a snowy ...
Shares of Tesla (NASDAQ: TSLA) were heading lower on reports that the Trump administration planned to eliminate the $7,500 electric vehicle (EV) tax credit. Tesla also issued its sixth recall this ...
For the period, Tesla reported a 9% drop in its deliveries and a 9% drop in revenue. Its gross margin dipped 2 percentage points to 17.4%, while its net income nosedived by 55% to $1.1 billion.
Tesla stock fell 8% after missing fourth-quarter delivery estimates by about 10,000 vehicles. Tesla's 2024 deliveries marked its first annual sales decline amid rising EV competition.
The price cuts caused used electric vehicle values to drop and clipped Tesla’s profit margins — making Thursday’s drop in price even more notable. Tesla shares last dipped this low in ...
Some investors are selling the stock today ahead of that report. Tesla shares dropped as much as 5% before paring some of that drop. The stock was trading lower by 2% as of 2 p.m. ET.
Tesla stock is down over 11% to start the week, and has fallen a steep 27.3% year to date. ... a 19% drop from a year ago, and the lowest shipment total since December 2022. ... Delaney has a $275 ...
Tesla stock closed 5.7% lower on Thursday after Reuters reported Trump's team has drawn up plans to eliminate the $7,500 tax credit for electric vehicle buyers as part of a broader tax reform.