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Stockreport

French Auto Supplier Warns of Tough Times Ahead for EV Makers [BNN Bloomberg (Canada)]

Tesla, Inc. (TSLA)  More Company Research Source: BNN Bloomberg
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
“Many of our clients are losing market share, or have volumes that are below their expectations,” Chief Executive Officer Laurent Favre said Tuesday on a media call discussing the company's first-quarter sales. European carmakers are coming under pressure as elevated borrowing costs, slow economic growth and waning subsidies weigh on EV demand in markets including Germany, Sweden and Italy. Tesla slashed prices in China, the US and Germany over the weekend after disappointing first-quarter sales. Meanwhile, Chinese brands are expanding abroad with models that often are cheaper than their local rivals. Read More: The EV Bust in Europe Is a Red Flag for Region's Climate Goals Discussions between auto suppliers and manufacturers are “very tense,” Favre said. “Some of our customers are cutting the prices of their vehicles because they are too expensive. Many of our customers have production delays.” Formerly known as Plastic Omnium, OPmobility makes car equipment such as bumpers, [Read more]
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Stockreport

French Auto Supplier Warns of Tough Times Ahead for EV Makers [BNN Bloomberg (Canada)]

Tesla, Inc.  (TSLA) 
More Company Research Source: BNN Bloomberg
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
“Many of our clients are losing market share, or have volumes that are below their expectations,” Chief Executive Officer Laurent Favre said Tuesday on a media call discussing the company's first-quarter sales. European carmakers are coming under pressure as elevated borrowing costs, slow economic growth and waning subsidies weigh on EV demand in markets including Germany, Sweden and Italy. Tesla slashed prices in China, the US and Germany over the weekend after disappointing first-quarter sales. Meanwhile, Chinese brands are expanding abroad with models that often are cheaper than their local rivals. Read More: The EV Bust in Europe Is a Red Flag for Region's Climate Goals Discussions between auto suppliers and manufacturers are “very tense,” Favre said. “Some of our customers are cutting the prices of their vehicles because they are too expensive. Many of our customers have production delays.” Formerly known as Plastic Omnium, OPmobility makes car equipment such as bumpers, [Read more]
IMPACT SNAPSHOT
EVENT TIME:
TSLA
Last Price
Price Change
Price Change %
Volume Shares
Max Up
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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