General Motors beats quarterly results targets, raises forecast [Yahoo! Finance]
Tesla, Inc. (TSLA)
Last tesla, inc. earnings: 4/29 04:11 pm
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Source: Yahoo! Finance
The Michigan automaker upped its adjusted pretax profitprojection to $12.5 billion to $14.5 billion, from its previous stated range of $12 billion to $14 billion for the year. “Our consumer has been remarkably resilient in this period of higher interest rates,” GM's chief financial officer, Paul Jacobson, said. The automaker reported that net income in the first quarter rose 24.4% over the year-ago period to $3 billion, on a 7.6% rise in revenue to $43 billion. Adjusted earnings per share of $2.62 beat the average Wall Street target of $2.15, according to LSEG data. Revenue topped the Wall Street target of $41.9 billion in the March quarter. While the company started 2024 strong, Chief Executive Mary Barra still has two large challenges ahead: turning around GM's shrinking sales in China, and salvaging Cruise, its robotaxi unit. Cruise halted operations late last year after one of its self-driving cars dragged a woman down a San Francisco street. Company officials shared ea
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TSLA
News
- Tesla retreat from EV charging leaves growth of U.S. network in doubt [Yahoo! Finance]Yahoo! Finance
- Tesla stock: Why one investor is still shorting the EV maker [Yahoo! Finance Canada]Yahoo! Finance Canada
- Tesla stock: Why one investor is still shorting the EV maker [Yahoo! Finance]Yahoo! Finance
- Tesla's Supercharger layoffs couldn't have come at a worse time [Verge, The]Verge, The
- Energy storage startup raises nearly $30 million in funding to give new life to old Tesla batteries: 'Critical factor for the success of the future energy system' [Yahoo! Finance]Yahoo! Finance
TSLA
Earnings
- 4/23/24 - Beat
TSLA
Sec Filings
- 4/30/24 - Form PX14A6G
- 4/29/24 - Form DEFA14A
- 4/29/24 - Form ARS
- TSLA's page on the SEC website