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-0.000307749122914895 -0.00147719578999205 -0.012125315442851 0.00332369052748212 -0.0071090047393365 -0.0133563119345109 -0.00344679017664801 0.0041976980365607
Stock impact report

Yahoo Finance [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's revenue fell 9% in the first three months of 2024 to $21.3 billion year-over-year—falling short of analyst forecasts. Other financial metrics like earnings per share and gross margin also slipped lower than expected. The slump in numbers was eclipsed by another long-awaited announcement—a cheaper new Tesla model. Since the company said it won't need to set up new factories to produce the “Model 2” car, Tesla could begin production as soon as this year. “It's not contingent on any new factory or massive new production line. It'll be made on our current production lines much more efficiently,” Musk said during Tesla's earnings call. Not all experts are that convinced. Tesla risks becoming a “show-me stock based on how many delays we've seen in previous roll outs,” Jay Woods, chief global strategist at Freedom Capital Markets said, Reuters reported . Then again, if Tesla delivers on its plan, it could be a game-changer. News on Model 2 was received well by the eager EV m Show less Read more
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