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Stockreport

Tesla Says It's Working on New EVs After a Huge Drop in Profits [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
workforce , the company has revealed that its profit and revenue fell last quarter, according to The New York Times . As a result, the company is accelerating plans to develop new and more affordable EVs. More from Robb Report Mercedes Just Unveiled the All-Electric G-Wagen. Here's What We Know. Range Rover Just Unveiled Its New All-Electric SUV MG Just Unveiled an Ultra-Aerodynamic Hypercar That Can Hit 60 MPH in Under 2 Seconds Before its earnings call on Tuesday evening, Tesla reported that its first-quarter profit fell by 55 percent, to $1.1 billion, and revenue by 9 percent, to $21.3 billion, compared to the same period last year. Additionally, Tesla's operating profit for last quarter was 5.5 percent, half of what it was last year at the same time, and more in line with that of traditional automakers The disappointing numbers were to be expected. Tesla announced at the beginning of the month that it delivered just 383,000 vehicles globally in the first quarter. That [Read more]
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Stockreport

Tesla Says It's Working on New EVs After a Huge Drop in Profits [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
workforce , the company has revealed that its profit and revenue fell last quarter, according to The New York Times . As a result, the company is accelerating plans to develop new and more affordable EVs. More from Robb Report Mercedes Just Unveiled the All-Electric G-Wagen. Here's What We Know. Range Rover Just Unveiled Its New All-Electric SUV MG Just Unveiled an Ultra-Aerodynamic Hypercar That Can Hit 60 MPH in Under 2 Seconds Before its earnings call on Tuesday evening, Tesla reported that its first-quarter profit fell by 55 percent, to $1.1 billion, and revenue by 9 percent, to $21.3 billion, compared to the same period last year. Additionally, Tesla's operating profit for last quarter was 5.5 percent, half of what it was last year at the same time, and more in line with that of traditional automakers The disappointing numbers were to be expected. Tesla announced at the beginning of the month that it delivered just 383,000 vehicles globally in the first quarter. That [Read more]
IMPACT SNAPSHOT
EVENT TIME:
TSLA
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Price Change %
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Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
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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
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%
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%
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