-0.000314149283739526 0 -0.000942447851218935 -0.00138225684845438 0.00540336768032177 0.0162101030409651 0.0131942699170646 0.0213621512942951
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Stockreport

Tesla jumps as Musk's promise of 'more affordable' cars eases growth fears [Reuters]

Tesla, Inc. (TSLA)  More Company Research Source: Reuters
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
would rise this year and said it would roll out more affordable models in early 2025. The news cheered up investors who were bracing for the worst after a tumultuous week at Tesla that saw big layoffs, executive exits, price cuts and the postponement of a highly touted meeting with the Indian prime minister. It also helped Wall Street shrug off the company's weak results that included its first quarterly revenue decline in nearly four years and a lower-than-expected profit. "First impression for us is CEO Elon Musk is appeasing the market by accelerating new product launches," Jefferies analysts, led by Philippe Houchois, said in a note. The company was on track to add nearly $50 billion to its market value, based on premarket movements. Its stock is down 42% so far this year amid fierce competition and falling sales. The growth strategy could strengthen shareholder support for a vote in May on the $56 billion compensation package for CEO Elon Musk that was voided by a Delaw [Read more]

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Stockreport

Tesla jumps as Musk's promise of 'more affordable' cars eases growth fears [Reuters]

Tesla, Inc.  (TSLA) 
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
would rise this year and said it would roll out more affordable models in early 2025. The news cheered up investors who were bracing for the worst after a tumultuous week at Tesla that saw big layoffs, executive exits, price cuts and the postponement of a highly touted meeting with the Indian prime minister. It also helped Wall Street shrug off the company's weak results that included its first quarterly revenue decline in nearly four years and a lower-than-expected profit. "First impression for us is CEO Elon Musk is appeasing the market by accelerating new product launches," Jefferies analysts, led by Philippe Houchois, said in a note. The company was on track to add nearly $50 billion to its market value, based on premarket movements. Its stock is down 42% so far this year amid fierce competition and falling sales. The growth strategy could strengthen shareholder support for a vote in May on the $56 billion compensation package for CEO Elon Musk that was voided by a Delaw [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
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Low:
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POST NEWS RANGE
%
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S&P 500 (SPX)

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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