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Stockreport

Tesla Reveals Model 3 Performance, ‘Cybercab' Amidst Earnings Slump [Forbes]

Tesla, Inc. (TSLA)  More Company Research Source: Forbes
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Tesla CEO Elon Musk is all in on AI powering his electric vehicle company, despite layoffs, a revenue drop and a on the new , as discussed during Tuesday's first quarter earnings call. The number of Tesla vehicles delivered dropped 8.5% in the first quarter with revenue coming in at $21.30 billion, down from $25.17 billion the previous quarter. Gross profit was down 18%. Over the weekend, Tesla cut prices on its Model Y SUV and original Model S and X EVs by thousands of dollars. Musk hinted at more affordable Tesla EVs by an earlier-than-anticipated early 2025 timeline during the call, but redirected attention toward autonomous features and services. There wasn't specific mention of the long-rumored , a hopeful $25,000 electric sedan. But Musk's robotaxi service, which he called “Cybercab,” was highlighted. He noted, “The way to think of Tesla is almost entirely thinking about autonomy.” For Jessica Caldwell, head of insights at car shopping platform Edmunds, it's clear: “Aut [Read more]

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Stockreport

Tesla Reveals Model 3 Performance, ‘Cybercab' Amidst Earnings Slump [Forbes]

Tesla, Inc.  (TSLA) 
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Tesla CEO Elon Musk is all in on AI powering his electric vehicle company, despite layoffs, a revenue drop and a on the new , as discussed during Tuesday's first quarter earnings call. The number of Tesla vehicles delivered dropped 8.5% in the first quarter with revenue coming in at $21.30 billion, down from $25.17 billion the previous quarter. Gross profit was down 18%. Over the weekend, Tesla cut prices on its Model Y SUV and original Model S and X EVs by thousands of dollars. Musk hinted at more affordable Tesla EVs by an earlier-than-anticipated early 2025 timeline during the call, but redirected attention toward autonomous features and services. There wasn't specific mention of the long-rumored , a hopeful $25,000 electric sedan. But Musk's robotaxi service, which he called “Cybercab,” was highlighted. He noted, “The way to think of Tesla is almost entirely thinking about autonomy.” For Jessica Caldwell, head of insights at car shopping platform Edmunds, it's clear: “Aut [Read more]

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TSLA
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Don't Miss Out On The Next BIG Stock Move
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EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
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Multi-day stock performance from the time of the news release
LAST PRICE
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%
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TICKS

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Event Day Chart will not be displayed beyond 90-day period of the event
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