Tesla Misses Wall Street Expectations in Q3 2023 Earnings, TSLA Shares Drops Over 8%
Despite Tesla missing the mark, the company’s revenue grew by 9 percent YoY to $23.4 billion fueled by growth in vehicle deliveries.
Tesla Announces Lower than Expected EV Deliveries in Q3 2023, TSLA Shares Slightly Up
The downtime for the Tesla factory upgrades caused the decline in production and deliveries of electric vehicles in the third quarter compared to the second and first quarters.
TSLA Stock Up 1.75%, Tesla to Disrupt Auto Design and Manufacturing Process with Gigacasting Breakthrough
By
Tolu Ajiboye
Tesla is likely to decide on a breakthrough method of die casting multiple sections of its EVs to reduce cost and improve production.
Tesla (TSLA) Shares Surge More than 10% after Morgan Stanley Analysts’ Prediction
Morgan Stanley had to upgrade its target price for Tesla shares for the next 12 to 18 months, from $250 to $400.
Tesla (TSLA) Shares Pop 6.9% after Exceeding Deliveries and Production Expectations in Q2 2023
Tesla is faced with heightened competition in many parts of the world, which made the company consider cutting prices this year.
Tesla Produces Nearly 480k EVs in Q2 and Delivers More than 466K Units
Tesla is going to release its Q2 financial results expected on Wednesday, July 19, 2023.
Tesla (TSLA) Shares Gain 4% as Elon Musk Pushes to Repair US and China Foreign Relations
Tesla is already constructing a mega factory in Shanghai to ramp up energy storage for its current and upcoming models including the Cybertruck.
Elon Musk Addresses Tesla Shareholders during 2023 Annual Meeting in Texas, TSLA Shares Up
Musk noted that Tesla will conduct a third-party audit of its cobalt supply chain to ensure there is no child labour in the supply chain.
Tesla Posts Q1 2023 Report Sees Earnings Slide Over 20% YoY
By
Tolu Ajiboye
EV giant Tesla experienced a drop in Q1 2023 earnings due to underutilized new factories and higher production costs.
Tesla (TSLA) Shares Plummet 6% Following Lower than Expected EV Deliveries
According to the company, it has plans to produce a total of 1.8 million vehicles with the total delivery expectations pegged around that figure.
Tesla (TSLA) Shares Pop 10% after Record Profits in 2022 Q4 Earnings
During the fourth quarter, Tesla reported automotive revenue of about $21.3 billion and total revenues of about $24.31 billion.
Tesla Beats Earnings and Revenue in Q4 2022
Tesla CEO Elon Musk told shareholders and analysts that the company had record orders in January.
Tesla Foresees Slowest Sales Growth in Three Years
The early impact of Tesla cutting prices on its products was that Chinese EV manufacturers also dropped the costs of their vehicles.
Elon Musk Defends His Tweets in Court on Taking Tesla Private at $420
Musk argued in his 2018 tweets that taking Tesla private could save a lot of headaches for the company’s management.
Tesla (TSLA) Stock Takes 12% Hit Following Q4 2022 Delivery Report
By
Tolu Ajiboye
On Tuesday, Tesla saw its stock take a significant downturn a day after posting its December vehicle production and delivery report.