By TOM KRISHER and DAVID HAMILTON (AP Business Writers) Tesla’s first-quarter net income plummeted 55%, but its stock price surged in after-hours trading Tuesday as the company said it would accelerate production of new, more affordable vehicles. The Austin, Texas, company said it made $1.13 billion from January through March compared with $2.51 billion in the same period a year ago. Investors and analysts were looking for some sign that Tesla will take steps to stem its stock’s slide this year and grow sales.
Tesla 1q Profit Falls 55%, But Stock Jumps As Company Moves To Speed Production Of Cheaper Vehicles
The Associated Press, Denver Post: Business
Mon, 04/22/2024 - 3:27pm
Topics: tom krisher david hamilton ap business writers the austin texas january march investors ceo elon musk this but musk aug shares s&p morningstar seth goldstein excluding factset models y u.s china chief financial officer vaibhav taneja neither musk tesla ceo early national highway traffic safety administration full self-driving autopilot hamilton san francisco s a hamilton tesla tesla s x model musk musk tuesday s full self driving profit production growth price future billion current grow letter time electric income revenue built
BING NEWS:
- Tesla 1Q profit falls 55%, but stock jumps as company moves to speed production of cheaper vehicles
Tesla's first-quarter net income plummeted 55%, but its stock price surged in after-hours trading Tuesday as the company said it would accelerate production of new, more affordable vehicles.
04/23/2024 - 9:01 pm | View Link - Tesla 1Q Profit Falls 55%, but Stock Jumps as Company Moves to Speed Production of Cheaper Vehicles
Tesla 1Q Profit Falls 55%, but Stock Jumps as Company Moves to Speed Production of Cheaper Vehicles Tesla’s first-quarter net income plummeted 55%, but its stock price surged in after-hours ...
04/22/2024 - 7:27 am | View Link - Tesla 1Q profit falls 55%, but stock jumps as company moves to speed production of cheaper vehicles
FILE - The logo for the Tesla Supercharger station is seen in Buford, Ga, April 22, 2021. Faced with falling global sales and a tumbling stock price, Tesla has slashed prices again on some of its ...
04/22/2024 - 1:00 am | View Link - More
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more