Tesla, Alphabet and Wall Street
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Asianet Newsable on MSNTesla’s Week So Far: Q2 Earnings, Robotaxi Expansion, And Cheaper Model Promises Double Retail Chatter On Stocktwits
Tesla CEO Elon Musk on Wednesday warned of a “few rough quarters” ahead for the company on the heels of reporting a year-on-year decline in second-quarter (Q2) revenue and earnings.
US stock market today saw mixed action as the Dow Jones dropped while the S&P 500 and Nasdaq inched higher, driven by strong Alphabet earnings and cautious outlook from Tesla. Alphabet jumped over 3% after boosting its AI investment,
Elon Musk warns about a "rough" few quarters and shares updates on robotaxis and the "more affordable" Tesla model.
Second quarter earnings season is in full swing, and the results have been largely positive so far, with more positive surprises than negative ones. Companies had a lower bar to clear coming into the quarter,
Wall Street kicked off Thursday with a split mood, as US stock market futures painted a mixed picture ahead of the opening bell. The S&P 500 held steady near record highs, the Nasdaq pushed higher on the back of red-hot AI enthusiasm,
Tesla (TSLA) earnings report looms, driving potential volatility for 434 ETFs heavily invested in the stock. Explore the top funds bracing for impact.
Live Updates Live Coverage Has Ended Shares Are Now Green 4:59 pm by Eric Bleeker Shares of Tesla are now green. While growth rates last quarter were poor, that was expected by Wall Street headed into today’s earnings.
Tesla has offered low-interest loans and other incentives to try to revive sales, but these efforts have depressed the company’s profits. Tesla’s newest model, the Cybertruck pickup, has been a flop. The company sold 4,300 Cybertrucks in the second quarter, according to Cox Automotive, a 50 percent decline from a year earlier.
Explore why Tesla, Inc.'s stock valuation diverges from fundamentals, with quantitative insights revealing overvaluation. Click for my TSLA earnings preview.