Wall Street sidesteps Musk lockdown rant as Tesla numbers improve [Toronto Globe and Mail (Ontario, Canada)]
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Source: Toronto Globe and Mail
Wall Street sidesteps Musk lockdown rant as Tesla numbers improve A Tesla logo on a Model S is photographed inside of a Tesla dealership in New York, U.S., April 29, 2016. Lucas Jackson/Reuters A Tesla logo on a Model S is photographed inside of a Tesla dealership in New York, U.S., April 29, 2016. Wall Street brokerages gave a resounding thumbs-up to Tesla Inc’s first-quarter numbers on Thursday, lauding the electric carmaker’s improved gross margins and sending its shares 8% higher in trading before the opening bell. Slipping into profanity on a call with analysts after the results on Wednesday, Musk called current stay-at-home orders “fascist” and said it was a serious risk to the business. His remarks come around a year after Tesla managed to end a series of legal and regulatory rows over Musk’s social media posting by agreeing restrictions with regulators. A morning round of research notes from major investment banks saw analysts avoid the issue and focus on the fundamentals o
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