Stockreport
Tesla reports first revenue decline in four years as Chinese competitors dominate [Yahoo! Finance]
Last tesla, inc. earnings: 4/29 04:11 pm
Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
sign that the once-dominant EV giant is struggling amid intense competition from Chinese automakers. The EV giant posted revenues of $21.3 billion in Q1, according to CNBC, missing expectations. Analysts began forecasting trouble for Elon Musk's EV empire after Tesla announced price cuts in China at the weekend. Similar price cuts were seen in the U.S. and Germany as sales slumped in Q1, and the company recently announced a 10% reduction in its global workforce. Investors have become increasingly worried about the sustainability of Musk's business plans. Reuters this month reported that Tesla had scrapped plans for its cheapest EV yet — seen as critical to compete with Chinese competitors — though Musk denied the report. He instead unveiled plans for a new robotaxi that features no steering wheel, another move which has unnerved employees and is ” [plunging] Tesla into chaos ,” Bloomberg reported. Tesla is accelerating the production of “new vehicles, including more affordable
[Read more]
IMPACT SNAPSHOT | EVENT TIME: | TSLA | ||||
---|---|---|---|---|---|---|
Last Price
|
Price Change
|
Price Change %
|
Volume Shares
|
Max Up
|
Max Down
|
Volume Ratio
%
|
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
|
---|---|---|
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 |
|
Don't Miss Out On The Next BIG Stock Move
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS
Be the first to know
Opt in for alerts from News Quantifed
Opt-in for
TSLA alerts
TSLA alerts
from News Quantified
Movers & Shakers
The biggest gainers and losers and WHY it moved
TSLA alerts
High impacting Tesla, Inc. news events
Weekly update
A roundup of the hottest topics
TSLA
NEWS
NEWS
- Have the wheels come off for Tesla? [Yahoo! Finance][Yahoo! Finance]
- Tesla is pulling out all the stops to get Elon Musk his $47 billion pay package [Business Insider][Business Insider]
- Tesla in Turmoil as Musk Makes Multiple Controversial Moves [Yahoo! Finance][Yahoo! Finance]
- EU targets Chinese EVs ahead of Xi Jinping's visit [Yahoo! Finance][Yahoo! Finance]
- Tesla retreat from EV charging leaves growth of U.S. network in doubt [Yahoo! Finance][Yahoo! Finance]
- More
TSLA
SEC Filings
SEC Filings
- 5/3/24 - Form DEFA14A
- 4/30/24 - Form PX14A6G
- 4/29/24 - Form DEFA14A
- TSLA's page on the SEC website
- More