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Tesla Stock in ‘No Man's Land' After 43% Rout Ahead of Earnings [Yahoo! Finance]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
Most Read from Bloomberg Ray Dalio's Famous Trade Is Sputtering, Investors Bailing Trump Has Only $6.8 Million for Legal Fees With Trial Underway Zimbabwe's ZiG Wipes Out 330% Stocks Rally Billionaire Pinaults Fight to Pull Gucci Off the Discount Rack Russians Transform Dubai as They Flee Putin's War: Photo Essay The company's shares are weathering the longest rout since late 2022, tumbling nearly 19% over the past seven days, amid doubts about its business strategy as sales of electric vehicles slump. The latest worry? That Musk, Tesla's chief executive officer, will announce plans on Tuesday's earnings call to nix the rollout of a cheaper model and focus on developing a fully self-driving vehicle — a project that would face considerable regulatory and commercial obstacles. That would mark a major break with what analysts had been expecting and leave the company with no near-term catalyst for growth, just when it's expected to report the first quarterly sales drop si
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