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General Motors beats quarterly results targets, raises forecast [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
The Michigan automaker upped its adjusted pretax profitprojection to $12.5 billion to $14.5 billion, from its previous stated range of $12 billion to $14 billion for the year. “Our consumer has been remarkably resilient in this period of higher interest rates,” GM's chief financial officer, Paul Jacobson, said. The automaker reported that net income in the first quarter rose 24.4% over the year-ago period to $3 billion, on a 7.6% rise in revenue to $43 billion. Adjusted earnings per share of $2.62 beat the average Wall Street target of $2.15, according to LSEG data. Revenue topped the Wall Street target of $41.9 billion in the March quarter. While the company started 2024 strong, Chief Executive Mary Barra still has two large challenges ahead: turning around GM's shrinking sales in China, and salvaging Cruise, its robotaxi unit. Cruise halted operations late last year after one of its self-driving cars dragged a woman down a San Francisco street. Company officials shared ea [Read more]

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Stockreport

General Motors beats quarterly results targets, raises forecast [Yahoo! Finance]

Tesla, Inc.  (TSLA) 
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
The Michigan automaker upped its adjusted pretax profitprojection to $12.5 billion to $14.5 billion, from its previous stated range of $12 billion to $14 billion for the year. “Our consumer has been remarkably resilient in this period of higher interest rates,” GM's chief financial officer, Paul Jacobson, said. The automaker reported that net income in the first quarter rose 24.4% over the year-ago period to $3 billion, on a 7.6% rise in revenue to $43 billion. Adjusted earnings per share of $2.62 beat the average Wall Street target of $2.15, according to LSEG data. Revenue topped the Wall Street target of $41.9 billion in the March quarter. While the company started 2024 strong, Chief Executive Mary Barra still has two large challenges ahead: turning around GM's shrinking sales in China, and salvaging Cruise, its robotaxi unit. Cruise halted operations late last year after one of its self-driving cars dragged a woman down a San Francisco street. Company officials shared ea [Read more]

IMPACT SNAPSHOT
EVENT TIME:
TSLA
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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
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EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS