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Stockreport

Elon Musk is walking a fine line in China with Tesla [Business Insider]

Tesla, Inc. (TSLA)  More Company Research Source: Business Insider
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
It's a move that present a lot of uncertainty for his EV company. Elon Musk has plenty on the line in China right now. A global slowdown in demand for Teslas has been exacerbated in the country, where consumers have been presented with a parade of electric vehicles from domestic rivals like BYD and Xiaomi at a time when they're watching their spending. China is Tesla's biggest market outside the US, which means dwindling interest has had a clear knock-on effect. The company delivered about 387,000 vehicles in the first three months of the year, marking a 20% drop from its previous quarter. Tesla's earnings last month also raised concerns, as it reported a nearly 9% year-on-year drop in quarterly revenue to $21.3 billion. So Musk's response in recent weeks — a seeming boost in focus on the Far East — is at least grounded in some logic. A trip to Beijing last month to meet China's premier, Li Qiang, came along with news that the billionaire had managed to pull off a huge de [Read more]
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Stockreport

Elon Musk is walking a fine line in China with Tesla [Business Insider]

Tesla, Inc.  (TSLA) 
More Company Research Source: Business Insider
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
It's a move that present a lot of uncertainty for his EV company. Elon Musk has plenty on the line in China right now. A global slowdown in demand for Teslas has been exacerbated in the country, where consumers have been presented with a parade of electric vehicles from domestic rivals like BYD and Xiaomi at a time when they're watching their spending. China is Tesla's biggest market outside the US, which means dwindling interest has had a clear knock-on effect. The company delivered about 387,000 vehicles in the first three months of the year, marking a 20% drop from its previous quarter. Tesla's earnings last month also raised concerns, as it reported a nearly 9% year-on-year drop in quarterly revenue to $21.3 billion. So Musk's response in recent weeks — a seeming boost in focus on the Far East — is at least grounded in some logic. A trip to Beijing last month to meet China's premier, Li Qiang, came along with news that the billionaire had managed to pull off a huge de [Read more]
IMPACT SNAPSHOT
EVENT TIME:
TSLA
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS