Tesla’s stock tumbled 10 percent Friday, generating more than $1 billion in profits for investors betting on a fall in the electric-car maker’s shares.

Topics:  tesla   billion   friday   investors betting   
BING NEWS:
  • Tesla’s Profit Fell 55%, Adding to Concerns About Its Strategy
    The first-quarter results are likely to fuel worries that competitors will continue grabbing a bigger slice of a market dealing with slowing electric car sales.
    04/23/2024 - 10:00 am | View Link
  • Tesla Reports Sharp Drop in First-Quarter Earnings
    The Texas-based car company reported net income of $1.1 billion for the January-to-March period, down 55% from the year prior. Revenue fell 9% to $21.3 billion.
    04/23/2024 - 9:51 am | View Link
  • Forbes Daily: What’s On The Line For Tesla’s Latest Earnings Report
    Tuesday's edition of Forbes Daily covers more Google firings, gold prices falling, Trump's criminal trial begins, Wes Edens' high speed rail, stylish watches and more.
    04/23/2024 - 1:20 am | View Link
  • Tesla earnings: Expected to report lowest profit margin in 6 yrs
    Faced with falling global sales and a tumbling stock price, Tesla has slashed prices again on some of its electric vehicles and its “Full Self Driving” system ...
    04/23/2024 - 12:32 am | View Link
  • Tesla (TSLA) Q1 2024 Earnings: What to Expect
    U nlike its Magnificent Seven tech peers, Tesla ( TSLA) stock has driven in reverse since the start of the year, falling 40% year to date, compared with the 4% rise in the S&P 500 index. Its shares ...
    04/23/2024 - 12:22 am | View Link
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