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Stockreport

Tesla's affordability push eases growing doubts about its performance and Musk's focus [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
Despite softer sales and a growing chorus of skeptics about CEO Elon Musk's focus on the company, investors cheered its vow to "accelerate the launch of new models," likely including more affordable ones like the long-awaited low-cost Model 2. "They need to adjust to a new environment," Dan Ives, managing director at Wedbush Securities financial group, said on the heels of the company's earnings report. Potentially speeding up the Model 2's rollout "shows they're listening," he said. Tesla's first-quarter revenues slid 9% , its steepest year-over-year decline since 2012. While the financial results were short of Wall Street's expectations, investors are breathing a sigh of relief that the company appears to be prioritizing new vehicles. Tesla has been facing more uncertainty on Wall Street than at any point since its near bankruptcy several years ago . Its share price has plunged by nearly two-thirds — from about $407 at its November 2021 peak to about $145 as of Tuesday's mark [Read more]
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Stockreport

Tesla's affordability push eases growing doubts about its performance and Musk's focus [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
Despite softer sales and a growing chorus of skeptics about CEO Elon Musk's focus on the company, investors cheered its vow to "accelerate the launch of new models," likely including more affordable ones like the long-awaited low-cost Model 2. "They need to adjust to a new environment," Dan Ives, managing director at Wedbush Securities financial group, said on the heels of the company's earnings report. Potentially speeding up the Model 2's rollout "shows they're listening," he said. Tesla's first-quarter revenues slid 9% , its steepest year-over-year decline since 2012. While the financial results were short of Wall Street's expectations, investors are breathing a sigh of relief that the company appears to be prioritizing new vehicles. Tesla has been facing more uncertainty on Wall Street than at any point since its near bankruptcy several years ago . Its share price has plunged by nearly two-thirds — from about $407 at its November 2021 peak to about $145 as of Tuesday's mark [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)
%
 VOLUME RATIO
%
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