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Stockreport

Elon Musk's Weird Excuse for Tesla's Tumble: We're Not a Car Company! [Yahoo! Finance]

Tesla, Inc. (TSLA)  More Company Research Source: Yahoo! Finance
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
to investors, the CEO droned on about everything from alien abductions to the Irish Republican Army, and seemed to signal his intent to appropriate self-driving cars' on-board computers to turn a profit for the company when not being used. His ramblings are a little more understandable in context: after a Cybertruck recall and news the carmaker would lay off 10 percent of its staff world wide, Tesla this week reported a 55 percent drop in profits amid declining vehicle sales. Musk deflected from his car company's unraveling by suggesting that Tesla is not, in fact, a car company at all. Tesla, he said, “should be thought of as an AI or robotics company. If you value Tesla as just like an auto company, you just have to—fundamentally, it's just the wrong framework and it will come to be.” Share prices were buoyed on Wednesday by Tesla's announcement on the same call that it will indeed, allegedly, deliver an affordable car as soon as next year, allowing the automaker to better conte [Read more]
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Stockreport

Elon Musk's Weird Excuse for Tesla's Tumble: We're Not a Car Company! [Yahoo! Finance]

Tesla, Inc.  (TSLA) 
More Company Research Source: Yahoo! Finance
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
to investors, the CEO droned on about everything from alien abductions to the Irish Republican Army, and seemed to signal his intent to appropriate self-driving cars' on-board computers to turn a profit for the company when not being used. His ramblings are a little more understandable in context: after a Cybertruck recall and news the carmaker would lay off 10 percent of its staff world wide, Tesla this week reported a 55 percent drop in profits amid declining vehicle sales. Musk deflected from his car company's unraveling by suggesting that Tesla is not, in fact, a car company at all. Tesla, he said, “should be thought of as an AI or robotics company. If you value Tesla as just like an auto company, you just have to—fundamentally, it's just the wrong framework and it will come to be.” Share prices were buoyed on Wednesday by Tesla's announcement on the same call that it will indeed, allegedly, deliver an affordable car as soon as next year, allowing the automaker to better conte [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