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With Model S And Model X Axed, Thin Tesla Lineup Gets Thinner – What’s Next? [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
Brussels Motors show is open to public from 10 to 19 January 2025. BELGA PHOTO JONAS ROOSENS (Photo by JONAS ROOSENS / BELGA MAG / Belga via AFP) (Photo by JONAS ROOSENS/BELGA MAG/AFP via Getty Images) BELGA MAG/AFP via Getty Images Tesla CEO Elon Musk said Wednesday that the company will discontinue production of its Model S sedan and Model X SUV, reducing the lineup to three vehicles. on Wednesday, about 3.1% less than the $25.7 billion reported in the same period last year and coming in just above the roughly $24.7 billion analysts were forecasting. Full-year revenue was $94.8 billion, down from the $97.7 billion recorded in 2024. Quarterly net income fell 61% to $840 million, far below the $2.1 billion recorded a year earlier. “It's time to basically bring the Model S and X programs to an end with an honorable discharge,” Musk said during the company's fourth quarter earnings call on Wednesday. Production lines for the S/X will be converted “into an Optimus [robot] factory [Read more]
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Stockreport

With Model S And Model X Axed, Thin Tesla Lineup Gets Thinner – What’s Next? [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
Brussels Motors show is open to public from 10 to 19 January 2025. BELGA PHOTO JONAS ROOSENS (Photo by JONAS ROOSENS / BELGA MAG / Belga via AFP) (Photo by JONAS ROOSENS/BELGA MAG/AFP via Getty Images) BELGA MAG/AFP via Getty Images Tesla CEO Elon Musk said Wednesday that the company will discontinue production of its Model S sedan and Model X SUV, reducing the lineup to three vehicles. on Wednesday, about 3.1% less than the $25.7 billion reported in the same period last year and coming in just above the roughly $24.7 billion analysts were forecasting. Full-year revenue was $94.8 billion, down from the $97.7 billion recorded in 2024. Quarterly net income fell 61% to $840 million, far below the $2.1 billion recorded a year earlier. “It's time to basically bring the Model S and X programs to an end with an honorable discharge,” Musk said during the company's fourth quarter earnings call on Wednesday. Production lines for the S/X will be converted “into an Optimus [robot] factory [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