Tesla to report 2nd quarter earnings
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Tesla investors are eyeing the company's progress on robotaxi, unsupervised Full Self-Driving, affordable models, and Optimus humanoid robots.
Tesla’s sales plunge over the last 18 months has been a stunning turn for a company that recorded only one quarterly year-over-year sales drop before 2024. And the company faces significant trouble ahead.
Even any good news about the Austin robotaxi rides may not be enough to lift the stock, which has lost about a quarter of its value since a record high in December.
Tesla is scheduled to report its second-quarter results after the market closes on Wednesday, with investors expecting the electric vehicle maker's stock could make a sizable move.
Tesla CEO Elon Musk has once again captured public attention. After visiting Tesla's Design Studio in Hawthorne, California, he hinted at what he described as "Most epic demo ever by end of year," scheduled for late 2025.
Tesla CEO Elon Musk lashed out at Wedbush's Dan Ives after the analyst posted three board recommendations for the company on X, according to CNBC. Ives called for a new pay package giving Musk 25% voting control,
The bill could be a crushing burden on a U.S. EV industry that is already struggling with consumer fatigue, high interest rates ... And they could easily put pressure on Tesla's sky-high valuation. Investors may want to stay away from the stock until ...
But Tesla's troubles, though levered to Musk, may be deeper than Musk's distractions, such as politics, gaming, and colonizing Mars. A record fourth quarter delivery report in January seemed to indicate all was well with Tesla, but it doesn't tell the full story.
Tesla Inc.’s lightning quick rally over the past month is showing signs of unraveling as Wall Street warns that investors are too optimistic about the electric-vehicle maker’s artificial ...