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Stock impact report

Cathie Wood makes almost $100 million on battered tech stock [Yahoo! Finance]

Tesla, Inc. (TSLA) 
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Company Research Source: Yahoo! Finance
Tesla stock dropped 43% from the beginning of the year through April 22. But, since then, its shares have rebounded 16%. And what has propelled them higher? Slivers of good news amid a weak first-quarter earnings report. As for the bad news , Tesla's net income slid nearly 55% from a year earlier to $1.13 billion, and revenue fell 8.7% to $21.3 billion. On the plus side, Musk promised to introduce a less expensive electric vehicle as early as late 2024, offsetting worries about its lackluster earnings and diminishing growth prospects for its existing lineup. Chesnot/Getty Images Tesla CEO Elon Musk's views "I think we'll have higher sales this year than last year," Musk told investors, even as the company reiterated its forecast for "notably lower" vehicle deliveries for the current year. "We've updated our future vehicle lineup to accelerate the launch of new models ahead [from the] previously mentioned start of production in the second half of 2025. So, we expect it t Show less Read more
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