MicroWave@lemmy.world to

News@lemmy.worldEnglish · 3 days ago

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

cross-posted to:
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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 · 3 days ago

cross-posted to:
[email protected]

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

tacosanonymous@lemm.ee
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3 days ago
Is that why he just lied about Tesla having cars that will deliver themselves? More insider trading?
- Phoenixz@lemmy.ca
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  3 days ago
  Nah, more musk lies, he does this every single event, has been lying about everything for the past decade. It’s normal

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