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Tesla profits nosedive as more job cuts announced [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 electric vehicle (EV) maker said on Tuesday it had made $1.13bn (£91m) over the first three months of the year, compared with $2.51bn a year earlier. Tesla, owned and run by the billionaire Elon Musk, said it would also axe more than 6,000 jobs at its sites in Texas and California. The company has suffered from falling demand and competition from cheaper Chinese imports which has led its stock price to collapse by 43% over 2024. Tesla 'disaster' with fewest deliveries since 2022 Earlier this month, it said it would shed 10% of its global workforce Figures for the first quarter of 2024 revealed revenues of $21.3bn, down on analysts' predictions of just over $22bn. But the decision by Tesla to bring forward the launch of new models from the second half of 2025 boosted its shares by nearly 7% in after-hours trading. The EV maker did not reveal details on pricing of the new vehicles. Mr Musk will face investors in a conference call on details of the new models, possib [Read more]
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Stockreport

Tesla profits nosedive as more job cuts announced [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 electric vehicle (EV) maker said on Tuesday it had made $1.13bn (£91m) over the first three months of the year, compared with $2.51bn a year earlier. Tesla, owned and run by the billionaire Elon Musk, said it would also axe more than 6,000 jobs at its sites in Texas and California. The company has suffered from falling demand and competition from cheaper Chinese imports which has led its stock price to collapse by 43% over 2024. Tesla 'disaster' with fewest deliveries since 2022 Earlier this month, it said it would shed 10% of its global workforce Figures for the first quarter of 2024 revealed revenues of $21.3bn, down on analysts' predictions of just over $22bn. But the decision by Tesla to bring forward the launch of new models from the second half of 2025 boosted its shares by nearly 7% in after-hours trading. The EV maker did not reveal details on pricing of the new vehicles. Mr Musk will face investors in a conference call on details of the new models, possib [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)
%
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%
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