MicroWave@lemmy.world to

News@lemmy.worldEnglish · 4 months ago

Tesla reports 20% drop in auto revenue as first-quarter results miss Wall Street estimates

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Tesla reports 20% drop in auto revenue as first-quarter results miss Wall Street estimates

MicroWave@lemmy.world to

News@lemmy.worldEnglish · 4 months ago

Tesla's first-quarter earnings report lands as investors reckon with a steep slide in the company's stock price.

KEY POINTS

Tesla missed on the top and bottom lines in its first-quarter earnings report.
Automotive revenue plunged 20% from a year earlier.
The stock, down 41% so far this year, was little changed in extended trading.

Chat

RememberTheApollo_@lemmy.world
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4 months ago
The stock is pretty flat despite the bump over the winter. It’s approximately the same as it was last fall. Can’t believe it went up relative to Muskrat’s involvement in politics.
- Optional@lemmy.world
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  4 months ago
  Well, it’s not a real stock.

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