down

Tesla Stock Tumbles After Q1 Earnings Miss, But Musk Promises Future Gains

On: April 23, 2024

Tesla’s Q1 earnings report paints a mixed picture for investors. While the company touts future advancements in autonomy and new products, current financials show a decline in profits and deliveries. Key takeaways: Profits dropped 55% YoY: Tesla’s profits fell to $1.13 billion, significantly lower than analyst expectations. Revenue dipped 9%:Continue Reading

This material is intended for information purposes only and does not constitute investment advice, a recommendation, or an offer or solicitation to purchase or sell any securities, funds, or strategies to any person in any jurisdiction in which an offer, solicitation, purchase, or sale would be unlawful under the securities laws of such jurisdiction. The opinions expressed are as of October 2023 and are subject to change without notice. Reliance upon information in this material is at the sole discretion of the reader. Investing involves risks. In the U.S., this material is intended for public distribution.