Tesla, Musk and worst quarterly sales
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Tesla, EV
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Tesla's share price closed Thursday's session following the announcement of its June quarter results 8.20% lower at $305.30. Following the sharp selloff yesterday, Tesla's market capitalisation also declined $984.
Let's be honest: if any car company operating in America could produce a truly compelling, high-spec electric vehicle for well under $30,000, it's Tesla.
The electric carmaker informed California that it will operate a limited public taxi service. But it’s not legally allowed to do this with self-driving cars.
ET with analyst reactions Shares of Tesla (NASDAQ:TSLA) are straddling the flatline in postmarket trading as the company’s second quarter results were not as bad as Wall Street expected and avoided a second consecutive top- and bottom-line miss with profits in-line with expectations.
Tesla just flipped the switch on something wildly different. In the heart of West Hollywood, Elon Musk’s long-teased vision has finally come to life: a retro-futuristic diner where you can charge your EV,
Tesla may be the face of electric vehicles, but Chinese brands are offering decent looks, solid performance, and impressive range at budget prices.
Tesla is facing stiffer competition globally from electric vehicle players, especially low-cost competitors from China.
Auto policies have been in flux during the second Trump administration. Tesla, and the rest of the industry, will lose the $7,500 purchase tax credit at the end of September. Just as important, changing emissions standards will lower Tesla’s zero-emissions credit sales,