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Tesla reported its first quarter adjusted earnings plunged 48%, falling short of lowered Wall Street forecasts, but it assured investors that it plans to move ahead with a cheaper model due out ...
Used Tesla vehicles cost an average of $32,000 today vs. over $50,000 at the start of 2023. Declining selling prices have impacted Tesla's gross margin and subsequently its bottom-line profit margins.
On Oct. 2, Tesla released its production and delivery stats for the third quarter -- standard procedure for the company prior to publishing its quarterly earnings.
On the company's earnings call, CEO Elon Musk said the timelines for new vehicles could be in early 2025 if not later this year. Tesla declined to say when the cheap EV will debut, though Musk did ...
Rather than start the new year off on a strong note, however, shares slumped on the first trading day after the nearly half million cars and trucks Tesla handed over to customers fell short of the ...
October is set to be a critical month for Tesla. It’s been a rough year for the EV maker’s stock, but a new optimism related to next month's Q3 earnings release helped drive shares up 5% on ...
CEO Elon Musk also said on an earnings call that Tesla's volume growth could be 20%-30% next year. Tesla shares ended nearly 22% higher, adding tens of billions of dollars to the company's market ...
Based on my number crunching, Tesla's gross profit margins have expanded from 16.6% for the 2019 reporting year to 25.6% last year. The Street is modeling for gross profit margins of 21.9% this ...