Tesla's future is riding on Elon Musk believers [Business Insider]
Tesla, Inc. (TSLA)
Last tesla, inc. earnings: 4/29 04:11 pm
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Source: Business Insider
Tesla customers are among the strongest brand loyalists out there. Tesla had a rough Tuesday. The company reported a drop in revenue during its first-quarter earnings call , falling short of expectations and ushering in a dimmer outlook for the electric vehicle manufacturer. But luckily for Tesla, the company's fans are a fervent bunch, unlikely to be deterred by one bad quarter During the Tuesday earnings call, Tesla reported a net income of $1.1 billion from January to March, which is down about 55% from last year. Stock in the company climbed more than 10% as a result of volatile late trading shortly after the call. "This ultimately comes down to: Do you believe?" Gene Munster, a managing partner at investment company Deepwater Asset Management, told CNBC shortly after the earnings call, describing Tesla's dilemma. "If you believe the future is going to be hybrid cars and it's going to take a long time — 20 years — to get to full electrification, the stock's not going
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News
- Elon Musk sues Indian battery company Tesla Power for trademark infringement [FOX Business Network]FOX Business Network
- Rule tweak allows Tesla, EV makers to maintain tax-credit marketing push in car sales [Fortune]Fortune
- Have the wheels come off for Tesla? [Yahoo! Finance]Yahoo! Finance
- Tesla is pulling out all the stops to get Elon Musk his $47 billion pay package [Business Insider]Business Insider
- Tesla in Turmoil as Musk Makes Multiple Controversial Moves [Yahoo! Finance]Yahoo! Finance
TSLA
Earnings
- 4/23/24 - Beat
TSLA
Sec Filings
- 5/3/24 - Form DEFA14A
- 4/30/24 - Form PX14A6G
- 4/29/24 - Form DEFA14A
- TSLA's page on the SEC website