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Stockreport

VinFast's EV Ambitions Get a Reality Check as Shares Plunge 65% [BNN Bloomberg (Canada)]

Tesla, Inc. (TSLA)  More Company Research Source: BNN Bloomberg
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
It plans to almost triple vehicle delivery this year to 100,000, but had barely hit a 10th of that goal in the first quarter. Meanwhile, it'll need to raise capital for global expansion, given plans for factories in North Carolina, Indonesia and India. “VinFast is too ambitious and could continue to face challenges as it expands rapidly overseas,” said Bloomberg Intelligence analyst Ken Foong. “They could do well in Vietnam as there isn't too much competition there, but in the US and other regions, there might be more competition.” The EV maker controlled by Pham Nhat Vuong is trying to break into the global market at a time when Chinese competitors are increasing exports while Tesla Inc. slashed prices last month. The unprofitable company has lost more than 90% of its market value since a spectacular US market debut in August, when the stock had in the span of two weeks soared 700%. Vuong, who owns almost 98% of the company, has pledged to invest at least another $1 billion of [Read more]
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Stockreport

VinFast's EV Ambitions Get a Reality Check as Shares Plunge 65% [BNN Bloomberg (Canada)]

Tesla, Inc.  (TSLA) 
More Company Research Source: BNN Bloomberg
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
It plans to almost triple vehicle delivery this year to 100,000, but had barely hit a 10th of that goal in the first quarter. Meanwhile, it'll need to raise capital for global expansion, given plans for factories in North Carolina, Indonesia and India. “VinFast is too ambitious and could continue to face challenges as it expands rapidly overseas,” said Bloomberg Intelligence analyst Ken Foong. “They could do well in Vietnam as there isn't too much competition there, but in the US and other regions, there might be more competition.” The EV maker controlled by Pham Nhat Vuong is trying to break into the global market at a time when Chinese competitors are increasing exports while Tesla Inc. slashed prices last month. The unprofitable company has lost more than 90% of its market value since a spectacular US market debut in August, when the stock had in the span of two weeks soared 700%. Vuong, who owns almost 98% of the company, has pledged to invest at least another $1 billion of [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