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Stockreport

Tesla woes mount on new China reports, EV probe [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
Tesla TSLA , which has shed more than $240 billion in market value this year, has been hammered by a slump in global EV demand, concerns about the impact of aggressive price cuts on profit margins, and reports of renewed regulatory pressure tied to its claims about its driver-assistance software. The stock reversed some of those declines late last month when Chief Executive Elon Musk won a key endorsement for the rollout of its driver-assistance technologies in China. However, the company has seen some of its issues resurface over the past week. Related: Single Best Trade: Wall Street veteran picks Palantir stock Bloomberg, in fact, reported on May 9 that Tesla is ramping up the pace of job cuts in China, its most important market, after the group disclosed a plan to reduce its global workforce by 10%, or around 14,000 jobs. Tesla's China challenges have intensified this year as domestic rivals like Nio NIO and BYD BYDDY continue to carve into its overall market share, and co [Read more]

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Stockreport

Tesla woes mount on new China reports, EV probe [Yahoo! Finance]

Tesla, Inc.  (TSLA) 
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Tesla TSLA , which has shed more than $240 billion in market value this year, has been hammered by a slump in global EV demand, concerns about the impact of aggressive price cuts on profit margins, and reports of renewed regulatory pressure tied to its claims about its driver-assistance software. The stock reversed some of those declines late last month when Chief Executive Elon Musk won a key endorsement for the rollout of its driver-assistance technologies in China. However, the company has seen some of its issues resurface over the past week. Related: Single Best Trade: Wall Street veteran picks Palantir stock Bloomberg, in fact, reported on May 9 that Tesla is ramping up the pace of job cuts in China, its most important market, after the group disclosed a plan to reduce its global workforce by 10%, or around 14,000 jobs. Tesla's China challenges have intensified this year as domestic rivals like Nio NIO and BYD BYDDY continue to carve into its overall market share, and co [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